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<br />I <br /> <br />I <br /> <br />I <br /> <br />for such Defeased Bonds the same as if they had not been defeased, and the City shall make proper <br />arrangements to provide and pay for such services as required by this Ordinance. <br /> <br />(d) Notwithstanding anything elsewhere in this Ordinance, if money or Defeasance <br />Securities have been deposited or set aside with the Paying Agent/Registrar or an eligible trust <br />company or commercial bank pursuant to this Section for the payment of Bonds and such Bonds <br />shall not have in fact been actually paid in full, no amendment ofthe provisions of this Section shall <br />be made without the consent of the registered owner of each Bond affected thereby. <br /> <br />(e) Notwithstanding the provisions of subsection (a) immediately above, to the extent <br />that, upon the defeasance of any Defeased Bond to be paid at its maturity, the City retains the right <br />under Texas law to later call that Defeased Bond for redemption in accordance with the provisions <br />of this Ordinance, the City may call such Defeased Bond for redemption upon complying with the <br />provisions of Texas law and upon the satisfaction of the provisions of subsection ( a) immediately <br />above with respect to such Defeased Bond as though it was being defeased at the time ofthe exercise <br />ofthe option to redeem the Defeased Bond and the effect ofthe redemption is taken into account in <br />determining the sufficiency of the provisions made for the payment of the Defeased Bond. <br /> <br />ARTICLE XIII <br /> <br />CONTINUING DISCLOSURE UNDERTAKING <br /> <br />Section 13.01. Definitions. <br /> <br />As used in this Article, the following terms have the meanings ascribed to such terms below: <br /> <br />"MSRB" means the Municipal Securities Rulemaking Board. <br /> <br />"NRMSIR" means each person whom the SEC or its staff has determined to be a nationally <br />recognized municipal securities information repository within the meaning of the Rule from time to <br />time. <br /> <br />"Rule" means SEe Rule l5c2-12, as amended from time to time. <br /> <br />"SEC" means the United States Securities and Exchange Commission. <br /> <br />"SID" means any person designated by the State of Texas or an authorized department, <br />officer, or agency thereof as, and determined by the SEC or its staff to be, a state information <br />depository within the meaning of the Rule from time to time. <br /> <br />SANMARCOS/WWWSRev2006A-2: Ordinance <br /> <br />39 <br />