Res13 15263 - Laserfiche WebLink

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K � ��.�;.: __ payments with respect to principal of and interest and premium, if any, on such Bonds and all notices with respect to such Bonds shall be made and given, respectively, as provided in the Letter of Representations or as otherwise instructed in writing by the Depository. Section 2.12. Additional Bonds. (A) In addition to the Series 2013 Bonds authorized to be issued under this Indenture,the Authority, may, by Supplemental Indenture, issue one or more series of Additional Bonds secured by Revenues on a parity with the Series 2013 Bonds, and may issue and deliver such Additional Bonds in such principal amount as shall be determined by the Authority, but only upon compliance by the Authority with the provisions of this Section, including the following specific conditions which are hereby made conditions precedent to the issuance of such Additional Bonds: (a) The parties to this Indenture shall have executed a Supplemental Indenture which (i)sets forth the terms and provisions of such Additional Bonds, including the establishment of such funds and accounts, which may be sepazate and apart from the funds and accounts established hereunder for the Series 2013 Bonds, as shall be necessary or appropriate, and (ii) requires that prior to the delivery of such Additional Bonds the Reserve Requirement with respect to such Additional Bonds shall be on deposit in the Reserve Fund established hereunder or in a reserve fund established under such Supplemental Indenture, unless the requirement for a Reserve fund for the Series 2013 Bonds has been terminated as provided in Section 3.06 hereof; (b) The scheduled principal and interest payable with respect to such Additional Bonds shall be payable only on Interest Payment Dates applicable to the Series 2013 Bonds; (c) The Installment Purchase Contract shall have been amended, if necessary, to (i) increase or adjust the Installment Payments due and payable on each Installment Payment Date to an amount suf�icient to pay the principal, premium (if any) and interest payable with respect to all Outstanding Bonds, including all Additional Bonds as and when, if any, the same mature or become due and payable (except to the extent such principal, premium and interest may be payable out of moneys then in the Reserve Fund or otherwise on deposit with the Trustee in accordance with this Indenture), (ii)if appropriate, amend the definition of the Acquisition Project to include�as part of the Acquisition Projeot all or any portion of additions, betterments, extensions, improvements or replacements, or such other real or personal property, to be financed, acquired or constructed or otherwise made subject to the Installment Purchase Contract, by the preparation, execution and delivery of such Additional Bonds, and (iii)make such other revisions to the Installment Purchase Contract as are necessitated by the issuance of such Additional Bonds (provided, however, that such other revisions shall not prejudice the rights of the Owners of Outstanding Bonds as granted them under the terms of this Indenture); (d) . There shall have been delivered to the Trustee a counterpart of the amendments required by subsection(c)hereof; -17- 338471 1.DOC