Agmt15 City of RWC Public Financing Authority Water Revenue Refunding Bonds

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__ _ _ currency provided therein, without the written consent of the Owner of such Bond, (2) permit the creation by the Authority of any mortgage, pledge or lien upon the Revenues superio�to or on a parity with the pledge and lien created for the benefit of the Bonds (except as expressly permitted by this Indenture), (3) reduce the percentage of Bonds required for the afFrmative vote or written consent to an amendment or modification, or (4) modify any of the rights or obligations of the Trustee without its written consent thereto. This Indenture and the rights and obligations of the Authority, of the Trustee and the ' Owners of the Bonds may also be modified or amended from time to time and at any time by a Supplemental Indenture which the Authority and the Trustee may enter into without the consent of any Bond Owners, if the Trustee determines that the provisions of such Supplemental Indenture shall not materially adve�sely affect the interests of the Owners of the Bonds, including, without limitation, for any one or more of the following purposes: (a) to add to the covenants and agreements of the Authority or the City other covenants and agreements thereafter to be observed, to pledge or assign additional security for the Bonds (or any portion thereofl, or to surrende� any right or power herein reserved to or conferred upon the Authority or the City; (b) to make such provisions for the purpose of curing any ambiguity, inconsistency or omission, or of curing or correcting any defective provision, contained in this Indenture, or in regard to matters or questions arising under this Indenture, as the Authority or the City may deem necessary or desirable; (c) to modify, amend or supplement this Indenture in such manner as to permit the qualification hereof under the Trust Indenture Act of 1939, as amended, or any similar federal statute hereafter in effect, and to add such other terms, conditions and provisions as may be permitted by said act or similar federal statute; (d) to make such additions, as may be necessary or desirable to assure exemption from federal income taxation of interest on the Bonds; or (e) to authorize the issuance of Additional Bonds. In the event of any such amendment or supplement, copies of such amendment or supplement and any other documents relating thereto shall be provided by the Authority to Moody's and S8P (provided such rating agencies are currently rating the Bonds, or any Parity Obligations) at least five (5)days prior to the effective date thereof. Section 8.02. Disqualified Bonds. Bonds owned or held by or for the account of the Authority shall not be deemed Outstanding for the purpose of any consent or other action or any calculation of Outstanding Bonds provided in this Article VIII, and shall not be entitled to consent to or take any other action provided in this Article VIII, and the Trustee may adopt appropriate regulations to require each Owner, before his or her consent provided for herein shall be deemed effective, to reveal if the Bonds as to which such consent is given are disqualified as � provided in this Section 8.02. 38