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(i) extend the maturity of a Bond or reduce the interest rate thereon, or <br />otherwise alter or impair the obligation of the City to pay the <br />principal thereof, or interest thereon, or any premium payable on <br />the redemption thereof, at the time and place and at the rate and in <br />the currency provided therein, without the written consent of the <br />Owner of that Bond; or <br />(ii) modify any of the rights or obligations of the Trustee without its <br />written consent. <br />(b) Amendment Without Bond Owner Consent This Indenture and the rights <br />and obligations of the City and of the Owners of the Bonds may also be modified or <br />amended at any time by a Supplemental Indenture, without the consent of any Owners <br />of the Bonds, for any one or more of the following purposes: <br />(i) to add to the covenants and agreements of the City contained in <br />this Indenture, other covenants and agreements thereafter to be <br />observed, or to limit or surrender any rights or power herein <br />reserved to or conferred upon the City; <br />(ii) to provide additional security for the Bonds; or <br />(iii) to cure any ambiguity, or to cure, correct or supplement any <br />defective provision contained in this Indenture, or in any other <br />respect whatsoever as the City deems necessary or desirable, <br />provided under any circumstances that such modifications or <br />amendments do not materially adversely affect the interests of the <br />Owners in the opinion of Bond Counsel filed with the City and the <br />Trustee. <br />SECTION 7.02. Effect of Supplemental Indenture. From and after the time any <br />Supplemental Indenture becomes effective under this Article VII, this Indenture shall be <br />deemed to be modified and amended in accordance therewith, the respective rights, <br />duties and obligations of the parties hereto or thereto and all Owners, as the case may <br />be, shall thereafter be determined, exercised and enforced hereunder subject in all <br />respects to such modification and amendment, and all the terms and conditions of any <br />Supplemental Indenture shall be deemed to be part of the terms and conditions of this <br />Indenture for any and all purposes. <br />SECTION 7.03. Endorsement or Replacement of Bonds After Amendment. After <br />the effective date of any amendment or modification hereof under this Article VII, the <br />City may determine that any or all of the Bonds shall bear a notation, by endorsement in <br />form approved by the City, as to such amendment or modification and in that case upon <br />demand of the City the Owners of such Bonds shall present such Bonds for that <br />purpose at the Office of the Trustee, and thereupon a suitable notation as to such action <br />shall be made on such Bonds. In lieu of such notation, the City may determine that new <br />Bonds shall be prepared and executed in exchange for any or all of the Bonds and in <br />that case upon demand of the City the Owners of the Bonds shall present such Bonds <br />for exchange at the Office of the Trustee without cost to such Owners. <br />20 <br />