Amendments, Changes and Modifications to the Credit Facility. { TC "Section 8.03.Amendments, Changes and Modifications to the Credit Facility" \f C \l "2" }. Except as otherwise provided in this Modal Agreement, subsequent to the initial issuance of the Series 2014_ Bonds and prior to payment of the Series 2014_ Bonds in full (or provision for the payment thereof having been made in accordance with the provisions of this Modal Agreement), no Credit Facility may be effectively amended, changed or modified without the prior written consent of the Bond Registrar. The Bond Registrar may, without the consent of the Holders of the Series 2014_ Bonds, consent to any amendment of the Credit Facility as may be required to extend the term thereof or for purposes of curing any ambiguity, formal defect or omission or obtaining or retaining a rating on the Series 2014_ Bonds from a Rating Agency that, in the Bond Registrar’s judgment, does not prejudice in any material respect the interests of the Holders. Except for such amendments, and as otherwise provided herein, the Credit Facility may be amended only with the consent of the Board, the Bond Registrar and the Holders of a majority in aggregate principal amount of Outstanding Bonds, except that no such amendment may be made that would reduce the amounts required to be paid thereunder, change the time for payment of such amounts or accelerate the expiration date of the Credit Facility without the written consent of the Holders of all Outstanding Bonds. The foregoing shall not limit the Bond Registrar’s obligation to send notice to the Credit Provider to reduce amounts available to be drawn under a currently effective Credit Facility under the circumstances set forth therein. The Bond Registrar shall file copies of all such amendments, changes or modifications with each Rating Agency, if any, rating the Series 2014_ Bonds.
