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rights and remedies granted to the Owners or the Trustee, after providing the Trustee with <br /> indemnities to its satisfaction, for the benefit of the Owners under this Indenture and the <br /> Municipal Bond Insurer shall also be entitled to approve all waivers of Events of Default. <br /> ( jThe rights granted toJhe d gal Bond Insurer hereunder shall be effective only-so <br /> Municipal <br /> long as the Municipal Bond Insurer is not in default of its obligations under the Municipal Bond <br /> Insurance Policy. <br /> -33- <br />