Agmt15 Raymond James and Assoc. Port of RWC sale of refunding bonds

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.. .M�IM��11�1�11�1W�I�II�� (h) To modify, amend or supplement the Indenture in connection with the execution of a Contract or a Parity Repayment Obligation so lon6 as such modifications,amendments or supplements to the Indenture do not materially adversely aflect the interests of the Owners of the Outstanding Bonds;or (i) For any other purposc that does not materially adversely affect the interesls of the Owners of the Outstanding Bonds. Section 6.2. Disqualified Bonds. Bonds owned or held by or for the account of the Port shall not be deemed Outstanding for the purpose of any consent or other action or any catculation of Outstanding Bonds provided for hercin,and shall not be entitled to consent to or take any other action provided for herein. Section 6.3. Endorsement or Replacement of Bonds After Amendment. After the effective date of any action taken as hereinabove provided,the Port may determine that the Bonds may bear a notation,by endorsement in form approved by the Port,as to such action,and in that case upon demand of the Owner of any Bond Outstanding at such effective date and presentation of his Bond for the purpose at the Corporate Trust Officc of the Trustee,A suitable notation as to such action shall be made on such Bond. If the Port shall so determine,new Bonds so modified as, in the opinion of the Port, shall be necessary to conform to such action shall be prepared and executed,and in that case upo� demand of the Owner of any Bond Outstanding at such eff�ective date such new Qonds shall be exchanged at the Corporate Trust Office of the Trustee,without cost to each Owner,for Bonds then Outst�nding, upon surrender of such Outstanding Bonds. The cost of any services rendered or expenses incurred by the Trustee in connection with any endorsement or replacement of Bonds shall be paid by the Pori. Section 6.4. Amendment by Mutuel Consent. The provisions of this Article VI shall not prevent any Owner from accepting any amendment as to the particutar Bonds held by him,provided that due notation thereof is made on such Bonds. Section G.S. O�inion of Counsel. The Trustee may conclusively rely upon and accept an opinion of counsef to the Pon that an amendment hereof is in conformity with the provisions of this Article VI withautindependentinvesti�ation. ARTICLE VII GVENTS OF DEFAULT AND REMEDIES UF OWNERS Section 7.l. Evenu of Default. The fol lowing events constitute an "Event of Default" � hereunder: (a) A default shal!be made in the due and punctual payme�t of the interest on any Bond or with respect to any Contract or Parity Repayment Obligation when and as the same shall become due and payable; (b) A default shall be made in the due and punctual payment of the principal of or redemption prcmium,if any,on or of any Sinking Fund Instal Iment for any Bond or with�espect to any 12094.9�22931.0005 a i