1981-140 CRA - Laserfiche WebLink

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. . . . . . ARTICLE VI AMENDMENT DF 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 m.odified 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 Supplemental Resolution. From and after the time any Supplemental Res.olution 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 Reso lution .of the Agency and the Holders 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 Resoluti.on 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 determine that the Note after the effective 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, up.on demand of the Holder of the Note and presentation 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 Noteholder may determine that a new Note, so modified as in the opinion of the Noteh.older is necessary to conform to such action, shall be prepared, executed and delivered. In that case, upon demand of the Holder of the Note, such new N.ote sha 11 be exchanged at the offi ce .of the Agency, without cost t.o any Noteholder, for the N.ote then outstanding, upon surrender of such Note. 14