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D. Unscheduled draws on credit enhancements reflecting financial difficulties; <br />E. Substitution of credit or liquidity providers, or their failure to perform; <br />F. Adverse tax opinions, the issuance by the Internal Revenue Service of proposed <br />or final determinations of taxability, Notices of Proposed Issue (IRS Form 5701—TEB) or other <br />material notices or determinations with respect to the tax status of the Bonds, or other events <br />affecting the tax status of the Bonds; <br />G. Modifications to rights of holders of the Bonds, if material within the meaning of <br />the federal securities laws; <br />H. Bond calls, if material within the meaning of the federal securities laws; <br />L Defeasances; <br />J. Release, substitution, or sale of property securing repayment of the Bonds, if <br />material within the meaning of the federal securities laws; <br />K. Rating changes; <br />L. Bankruptcy, insolvency, receivership or similar event of the City; <br />M. The consummation of a merger, consolidation, or acquisition involving the City <br />or the sale of all or substantially all of the assets of the City, other than in the ordinary course of <br />business, the entry into a definitive agreement to undertake such an action or the termination of a <br />definitive agreement relating to any such actions, other than pursuant to its terms, if material <br />within the meaning of the federal securities laws; and <br />N. Appointment of a successor or additional trustee or the change of name of a <br />trustee, if material within the meaning of the federal securities laws. <br />O. Incurrence of a Financial Obligation of the City, if material, or agreement to <br />covenants, events of default, remedies, priority rights, or other similar terms of a Financial <br />Obligation of the City, any of which affect security holders, if material; and <br />P. Default, event of acceleration, termination event, modification of terms, or other <br />similar events under the terms of a Financial Obligation of the City, any of which reflect <br />financial difficulties. <br />The City shall notify the MSRB, in an electronic format as prescribed by the MSRB, in a <br />timely manner, of any failure by the City to provide financial information or operating data in <br />accordance with this subsection by the time required. All documents provided to the MSRB <br />pursuant to this subsection shall be accompanied by identifying information as prescribed by the <br />MSRB. <br />29 <br />SanMARCOS\ELectricUliLSysRevBonds\2021: 2116uppOrdmiice <br />