1981-144 CRA - Laserfiche WebLink

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. . I . . ARTICLE VI AMENDMENT OF RESOLUTION Section 6.01. Amendments Permitted. This Resolution and the rights and obligations of the Agency and of the Holder of the Note may be modified or amended at any time by a Supplemental Resolution adopted by the Agency and approved in writing by the Holder of the Note. Section 6.02. Effect of Supp lementa 1 Resolution. Fr.om and after the time any Supplemental Resolutioo becomes effective pursuant to this Article VI, this Resolution shall be deemed to be modified and amended in accordance therewith, and the respective rights, duties and obligations under this Res.o lution of the Agency and the Ho lders of the Note shall thereafter be determined, exercised and enforced hereunder subject in all respects to such modifications and amendments, and all the terms and conditions of any such supplemental Resolutioo shall be deemed to be part of the terms and conditions of this Res.olution for any and all purposes. Section 6.03. Endorsement or Replacement of Note After Amendments. The Noteholder may determine that the Note after the effective date of any action taken as provided in this Article VI requires a n.otation, by endorsement .or otherwise, to reflect such action. In that case, upon demand of the Holder of the Note and presentatioo of the N.ote for that purpose at the office .of the the Agency, a suitable notation shall be made on such Note by the Agency. The N.oteholder may determine that a new Note, so modified as in the opini.onoT the Noteholder is necessary to conform to such action, shall be prepared, executed and de 1 ivered. In that case, upon demand of the Ho lder of the Note, such new Note sha 11 be exchanged at the .offi ce of the Agency, without cost to any Noteholder, for the Note then outstanding, upon surrender of such Note. 13