1981-137 CRA - Laserfiche WebLink

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. . . . . . " 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 N.ote. Section 6.02. Effect of Supplemental Resolution. From and after the time any Supplemental Resolution 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 Resolution of the Agency and the Holders of the Note shall thereafter be determi ned, exerc i sed and enforced hereunder subject in all respects to such modifications and amendments, and all the terms and conditions of any such Supplemental Resolution shall be deemed to be part of the terms and conditions of this Resolution for any and all purposes. Section 6.03. Endorsement or Replacement of Note After Amendments. The Noteholder may determlne that the Note after the effectlVe date of any action taken as provided in this Article VI requires a notation, by endorsement or otherwise, to reflect such action. In that case, upon demand of the Holder of the Note and presentation of the Note for that purpose at the office of the the Agency, a suitable notati.on shall be made on such Note by the Agency. The Noteholder may determine that a new N.ote, so modified as in the opinion of the Noteholder is necessary to conform to such action, shall be prepared, executed and de 1 i vered. In that case, upon demand of the Ho 1 der of the Note, such new Note shall be exchanged at the offi ce .of the Agency, with.out cost to any Noteholder, for the Note then outstanding, upon surrender of such Note. 13