1984-20 CRA - Laserfiche WebLink

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. . . , ' Any act done pursuant to a modification or amendment consented to by the Bondholders shall be binding upon the Owners of all of the Bonds and shall not be deemed an infringement of any of the provisions of this Resolution or of the Law, whatever the character of the act may be, and may be done and performed as fully and freely as if expressly permitted by the terms of this Resolution, and after consent has been given, no Bondholder, whether attached to a Bond or detached therefrom, shall have any right or interest to object to the action, to question its propriety or to enjoin or restrain the Agency or its officers from taking any action pursuant to a modification or amendment. A. Calling Bondholders' Meeting. If the Agency shall desire to obtain the Bondholders' consent, it shall duly adopt a resolution calling a meeting of the Bondholders for the purpose of considering the action for which consent is desired. B. Notice of Meeting. Notice specifying the purpose, place, date and hour of a Bondholders' meeting shall be mailed postage prepaid, to the respective registered owners at their addresses appearing on the bond register as maintained by the Fiscal Agent. The notice shall be mailed not less than sixty (60) days nor more than ninety (90) days prior to the date fixed for the meeting, and said notice shall set forth the nature of the proposed action for which consent is desired. The place, date and hour of the meeting and the date or dates of mailing the notice shall be determined by the Agency in its discretion. The actual receipt by any Bondholder of notice of any Bondholders' meeting shall not be a condition precedent to the holding of the meeting, and failure to receive notice shall not affect the validity of the proceedings at the meeting. A certificate by the Secretary of the Agency approved by resolution of the Agency, that the meeting has been called and that notice has been given as provided herein, shall be conclusive as against all parties and no Bondholder shall have the right to show that he failed to receive actual notice of the meeting. C. Voting Qualifications. The Fiscal Agent shall prepare and deliver to the chairman of the meeting a statement of the names and addresses of the registered owners of the Bonds. This statement shall show maturities, serial numbers and principal amounts so that voting qualifications can be determined. No Bondholders shall be entitled to vote at the meeting unless their names appear upon the statement. No Bondholders shall be permitted to vote with respect to a larger aggregate principal amount of Bonds than is set against their names on the statement. 11-30-84 l282p/2281/04 -26-