Laserfiche WebLink
`rrr <br />M` <br />finance an expansion refer -ed to in Section 803 of this Indenture, it being <br />understood, as therein provided, that any such lien and pledge shall be sub- <br />ordinate to the lien and pledge created by this Indenture, or (d) a privilege or <br />priority of any bond or bonds over any other bond or bonds, or (e) a reduction <br />in the aggregate principal amount of the bonds required for consent to such <br />supplemental indenture. Nothing herein contained, however, shall be con- <br />strued as making necessary the approval of bondholders of the execution of <br />any supplemental indenture as provided in Section 1201 of this Article. <br />If at any time the City shall request the Trustee to enter into any <br />supplemental indenture for any of the purposes of this Section, the Trustee <br />shall, at the expense of the City, cause notice of the proposed execution of <br />such supplemental indenture to be published one time in a daily newspaper of <br />general circulation published in the City of lM.emphis, Tennessee. Such notice <br />shall briefly set forth the nature of the proposed supplemental indenture and <br />shall state that copies thereof are on file at the principal office of the Trustee <br />for inspection by all bondholders. The Trustee shall not, however, be subject <br />to any liability to any bondholder by reason of its failure to publish such <br />notice, and any such failure shall not affect the validity of such supplemental <br />indenture when consented to and approved as provided in this Section. If the <br />holders of not less than two-thirds (2/3) in aggregate principal amount of the <br />bonds outstanding at the time of the execution of any such supplemental <br />indenture shall have consented to and approved the execution thereof as herein <br />provided, no holder of any bond shall have any right to object to any of the terms <br />and provisions contained therein, or the operation thereof, or in any man ger to <br />