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, . , ARTICLE XI AMENDMENT OF AGREEMENT Sect ion 11.01. Amendments to Agreement Not Requi ri ng Consent of Bond Owners. The Authority may without the consent of or notice to the Bond Owners consent to any amendment, change or modification of the Agreement for anyone or more of the following purposes: I (a) To add to the covenants and agreements of the Company contained in the ; Agreement, other covenants and agreements thereafter to be observed, or to \,.. surrender any ri ght or power therei n reserved to or conferred upon the Company which shall not adversely affect the interests of the Bond Owners; and (b) To make such provisions for the purpose of curing any ambiguity, or of curing, correcting or supplementing any defective provision contained in the Agreement, or in regard to questions arising under the Agreement, as the Authority may deem necessary or desirable and not inconsistent with the Resolution and which shall not adversely affect the interests of the Bond Owners. Section 11.02. Amendments to Agreement Requiring Consent of Bond Owners. Except for the amendments, changes or modifications as provided in Section 11.01 hereof, neither the Authority nor the Servicing Agent shall consent to any other amendment, change or modification of the Agreement without the written approval of the Owners of not less than sixty percent (60%) in aggregate principal amount of the Bonds at the time Outstanding given as in Article XII provided, provided that the consent of the Owners of all Bonds Outstanding is required for any amendment, change or modifi cat ion of the Agreement that woul d permi t the termi nat i on or cancellation of the Agreement or a reduction in or postponement of the payments under the Agreement or any change in the provisions relating to the payment thereunder. If at any time the Authority and the Company shall request the consent of the Authority to any such proposed amendment, change or modification of the Agreement, the Servicing Agent, on behalf of the Authority, shall, upon being satisfactorily indemnified with respect to expenses, cause notice of such proposed amendment, change or modification to be given to the Owners of the Bonds at their address as shown on the Bond registration records held by the Servicing Agent. Such notice shall briefly set forth the nature of such proposed amendment, change or modification and shall state that copies of the instrument embodying the same are on file at the main office of the Servicing Agent in Irvine, California, for inspection by all Bond Owners. f \.. 26