748-17 Supplemental Resolution Infrastructure Sales Surtax Revenue Bond (City Hall Project), Series 2017

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agree that only such notice as required by the terms of the Series 2017 Bond is required to be given. (C) The Issuer knowingly, voluntarily, and intentionally waives any right it may have to a trial by jury, with respect to any litigation or legal proceedings based on or arising out of the Resolution or the Series 2017 Bond, including any course of conduct, course of dealings, verbal or written statement or actions or omissions of any party which in any way relates to the Resolution or the Series 2017 Bond. (D) The Master Resolution and this Resolution shall be governed by and construed in accordance with the laws of the State. The Issuer agrees that certain material events and occurrences relating to Master Resolution and this Resolution and the Series 2017 Bond bear a reasonable relationship to the laws of the State and the validity, terms, performance and enforcement of the Master-Resolution and this Resolution and the Series 2017 Bond shall be governed by the internal laws of the State which are applicable to agreements which are negotiated, executed, delivered and performed solely in the State. Unless applicable law provides otherwise, in the event of any legal proceeding arising out of or related to Master Resolution and this Resolution, the Issuer consents to the jurisdiction and venue of any court located in the State. (E) The Issuer shall within five days after it acquires knowledge.thereof, notify the Holders of the Series 2017 Bond in writing upon the happening, occurrence, or existence of any Event of Default and any event or condition which with the passage of time or giving of notice, or both, would constitute an Event of Default, and shall provide the Holders, with such written notice, a detailed statement by a responsible officer of the Issuer of all relevant facts then known to the Issuer and the action then being taken or then proposed to be taken by the Issuer with respect thereto. Regardless of the date of receipt of such notice by the Holders, such date shall not in any way modify the date of occurrence of the actual Event of Default. Section 16. Repeal of Inconsistent Resolutions. All resolutions or parts thereof, in conflict herewith are hereby repealed to the extent of such conflict. Section 17. No Third Party Beneficiaries. Except as may be expressly described herein, nothing in this Resolution or in the Series 2017 Bond, expressed or implied, is intended or shall be construed to confer upon any Person, other than the Issuer and the Holder, any right, remedy or claim, legal or equitable, under and by reason of the Resolution, or any provision thereof, or of the Series 2017 Bond, all provisions thereof being intended to be and being for the sole and exclusive benefit of the Issuer and the persons who shall from time to time be the Holder(s). [Remainder of page intentionally left blank] 5