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\. I j l \.. ARTICLE X SUPPLEMENTAL RESOLUTIONS Section 10.01. Supplemental Resolutions Not Requiring Consent of Bond Owners. The Authority may, without consent of, or notice to, any of the Bond Owners, but only with written notice to the Company and the Servicing Agent, adopt a Supplemental Resolution for anyone or more of the following purposes: (a) To add to the covenants and agreements of the Authority in this Resolution contained, other covenants and agreements thereafter to be observed, or to surrender any right or power herein reserved to or conferred upon the Authority, and which in the opinion of counsel (who may be counsel to the Authority) shall not adversely and substantially affect the interests of the Owners of the Bonds; (b) To make such provisions for the purpose of curing any ambiguity, or of curing, correcting or supplementing any defective provision contained in this Resolution, or in regard to questions arising under this Resolution, as the Authority may deem necessary or desirable and not inconsistent with this Resolution, and which in the opinion of counsel (who may be counsel to the Authority) shall not adversely and substantially affect the interests of the Owners of the Bonds; and (c) To provide for the issuance, exchange of delivery of Bonds in form payable to bearer with or without coupons and to insert any new provisions to modify or delete existing provisions of this Resolution for such purpose provided that there shall be first filed with the Servicing Agent the opinion of nationally recognized bond counsel to the effect that such provisions will not adversely affect tax exemption of interest on the Bonds. Section 10.02. Supplemental Resolutions Requiring Consent of Bond Owners. Exclusive of Supplemental Resolutions permitted by Section 10.01 hereof and subject to the terms and provisions contained in this Section, and not otherwise, the Owners of not less than sixty percent (60%) in aggregate principal amount of the Outstanding Bonds shall have the right, from time to time, anything contained in thi s Reso 1 ut i on to the contrary notwi thstandi ng, to consent to and approve the adoption by the Authority of such other resolutions supplemental hereto as shall be deemed necessary and desirable by the Authority for the purpose of modifying, altering, amending, adding to or rescinding, in any particular, any of the terms or provisions contained in this Resolution or in any supplemental resolution; provided, however, that nothing in this Section or in Section 10.01 hereof shall permit, or be construed as permitting, without the consent of the Dwners of all Bonds Outstanding, (a) an extension of the maturity of the principal of, or the interest on, any Bond issued hereunder, or (b) a reduction in the principal amount of, or redemption premium on, any Bond or the rate of interest thereon, or (c) a privilege or priority of any Bond or Bonds over any other Bond or Bonds, or (d) a reduction in the aggregate principal amount of the Bonds required for consent to such supplemental resolutions or to any modifications or waiver of the provisions of the Agreement, or (e) the deprivation of the Owner of any Outstanding Bond of the pledge of Base Loan Payments and other funds and moneys herein contained, or (f) the deprevation of the Owner of any Outstanding Bond of the security provided by the Agreement and the Deed of Trust. 25