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Remedies Not Exclusive. No remedy in the Indenture conferred upon or reserved to the Trustee <br /> or the Owners of the Bonds is intended to be exclusive of any other remedy or remedies,and each and <br /> every such remedy, to the extent permitted by law, shall be cumulative and in addition to any other <br /> remedy given under the Indenture or now or hereafter existing at law or in equity or otherwise. <br /> No Waiver of Default.No delay or omission of the Trustee or any Owner of the Series A Bonds to <br /> exercise any right or power arising upon the occurrence of any Event of Default shall impair any such <br /> right or power or shall be construed to be a waiver of any such Event of Default or an acquiescence tin <br /> the Indenture; and every power and remedy given by the Indenture to the Trustee or the Owners of <br /> the Series A Bonds may be exercised from time to lime and as often as may be deemed expedient. <br /> Amendments Permitted <br /> The Indenture and the rights and obligations of the Authority and of the Owners of the Bonds <br /> and of the Trustee may be modified or amended from time to time and at any time by an indenture or <br /> indentures supplemental thereto, which the Authority and the Trustee may enter into when the written <br /> consents of the Owners off a majority in aggregate principal amount of all Bonds then Outstanding, shall <br /> have been filed with the Trustee.No such modification or amendment shall(i)extend the fixed maturity <br /> of any Bonds, or reduce the amount of principal thereof or extend the time of payment,or change the <br /> method of computing the rate of interest thereon, or extend the time of payment of interest thereon, <br /> without the consent of the Owner of each Bond so affected, or (ii) reduce the aforesaid percentage of <br /> Bonds the consent of the Owners of which is required to effect any such modification or amendment,or <br /> permit the creation of any lien on the Revenues and other assets pledged under the Indenture prior to <br /> or on a parity with the lien created by the Indenture except as permitted in the Indenture, or deprive <br /> the Owners of the Bonds of the lien created by the Indenture on such Revenues and other assets (except <br /> as expressly provided in the Indenture), without the consent of the Owners of all of the Bonds then <br /> Outstanding.It shall not be necessary for the consent of the Bond Owners to approve the particular form <br /> of any Supplemental Indenture, but it shall be sufficient if such consent shall approve the substance <br /> thereof. <br /> The Indenture and the rights and obligations of the Authority,of the Trustee and the Owners of <br /> the Bonds may also be modified or amended from time to time and at any time by a Supplemental <br /> Indenture, which the Authority and the Trustee may enter into without the consent of any Bond <br /> Owners, if the Trustee has been furnished an opinion of counsel that the provisions of such <br /> Supplemental Indenture shall not materially adversely affect the interests of the Owners of the Bonds, <br /> including,without limitation,for any one or more of the following purposes: <br /> (a) to add to the covenants and agreements of the Authority in the Indenture contained other <br /> covenants and agreements thereafter to be observed, to pledge or assign additional security for the <br /> Bonds (or any portion thereof), or to surrender any right or power in the Indenture reserved to or <br /> conferred upon the Authority; <br /> (b)to make such provisions for the purpose of curing any ambiguity,inconsistency or omission, <br /> or of curing or correcting any defective provision,contained in the Indenture,or in regard to matters or <br /> questions arising under the Indenture, as the Authority may deem necessary or desirable, provided <br /> that such modification or amendment does not materially adversely affect the interests of the Bond <br /> Owners,in the opinion of Bond Counsel filed with the Trustee; <br /> (c) to modify,amend or supplement the Indenture in such manner as to permit the qualification <br /> of the Indenture under the Trust Indenture Act of 1939, as amended, or any similar federal statute <br /> hereafter in effect,and to add such other terms,conditions and provisions as may be permitted by said <br /> act or similar federal statute;or <br /> (d) to modify,amend or supplement the Indenture in such manner as to cause interest on the <br /> Bonds to remain excludable from gross income under the Code. <br /> Appendix A <br /> Page 15 <br />