Amendment of Section 8.01. The provisions of Section 8.01 of the Indenture are amended by deleting the text of clause (c) from Section 8.01 and inserting in lieu thereof the phrase “[intentionally omitted]”.
Amendment of Section 8.01. Section 8.01 of the Existing Credit Agreement is hereby amended by deleting the word “and” at the end of clause (r), replacing the period at the end of clause (s) with a semi-colon and the word “and”, and adding a new clause (t) which reads as follows:
Amendment of Section 8.01. Effective upon, and subject only to, the Acceptance, subsection (2) of Section 801 is amended by deleting the text of such subsection in its entirety and inserting in lieu thereof the phrase “[intentionally omitted].”
Amendment of Section 8.01. The provisions of Section 801(a) of the Indenture are amended by deleting the text of clauses (3), (4) and (6) from Section 801(a) and inserting in lieu thereof the phrase “[intentionally omitted]”.
Amendment of Section 8.01. Section 8.01 of the Indenture is hereby amended and restated to read in its entirety as follows:
Amendment of Section 8.01. Effective upon, and subject only to, the Acceptance, subsection (2) of Section 8.01 is amended by deleting the text of such subsection in its entirety and inserting in lieu thereof the phrase “[intentionally omitted].”
Amendment of Section 8.01. Section 8.01 of the Agreement is hereby amended to add the following as the last two paragraphs of Section 8.01 (additions noted by underline): Subject to this Section 8.01 and, with respect to any Subordinated Obligation, the Issuing Instrument creating that Subordinated Obligation, the Owners of Subordinated Obligations may enforce the provisions of this Installment Purchase Agreement for their benefit by appropriate legal proceedings. Notwithstanding anything in this Installment Purchase Agreement to the contrary, no Owner of Subordinated Obligations shall have any right to take any action or enforce any right that has a materially adverse effect on the interests of the Owners of the Installment Payment Obligations and the Authority shall not take any action to enforce, on behalf of any Owner of Subordinated Obligations, any such right. The payment of Subordinated Obligations shall be subordinated in right of payment to payments on the Parity Obligations (except for any payment in respect of the Subordinated Obligations from the Reserve Funds or Reserve Accounts securing such Subordinated Obligations). In any Event of Default, Owners of Parity Obligations will be entitled to receive payment thereof in full before the Owners of Subordinated Obligations are entitled to receive payment thereof (except for any payment in respect of the Subordinated Obligations from Reserve Funds or Reserve Accounts securing such Subordinated Obligations) and the Owners of the Subordinated Obligations shall become subrogated to the rights of such Owners of Parity Obligations to receive payments with respect thereto.
Amendment of Section 8.01. Pursuant to Section 10.02 of the Indenture, the third paragraph of Section 8.01 of the Indenture is hereby amended and restated in its entirety to read as follows: In order to exercise either Legal Defeasance or Covenant Defeasance:
(1) the Company must irrevocably deposit with the Trustee, in trust, for the benefit of the Holders, United States legal tender, U.S. Government Obligations or a combination thereof, in such amounts as will be sufficient (without reinvestment) in the opinion of a nationally recognized firm of independent public accountants selected by the Company, to pay the principal of and interest on the Notes on the stated date for payment or on the applicable redemption date of the principal or installment of principal of or interest on the Notes, and the Holders must have a valid, perfected, exclusive security interest in such trust,
(2) [INTENTIONALLY OMITTED],
(3) [INTENTIONALLY OMITTED],
(4) [INTENTIONALLY OMITTED],
(5) [INTENTIONALLY OMITTED],
(6) [INTENTIONALLY OMITTED],
(7) the Company shall have delivered to the Trustee and Officers’ Certificate stating that the conditions provided for in clause (1) of this paragraph have been complied with.
Amendment of Section 8.01. Section 801 of the Indenture is hereby amended by deleting such section and inserting the following in lieu thereof:
Amendment of Section 8.01. Section 801 of the Indenture ------------------------ is amended by deleting the word "and" immediately following the word "Lien;" in subsection (5), deleting the period after the word "foregoing" at the end of subsection (6) and adding the word "; and" in lieu thereof and adding the following immediately after subsection (6):