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<br /> J30A P <br /> Ordinance and which shall not adversely affect the interests or the <br /> Holders of the Parity Bonds; <br /> (3) To modify any of the provisions of this <br /> Ordinance in any other respect whatever, provided that (i) such <br /> modification shall be, and be expressed to be, effective only after <br /> all Parity Bonds outstanding at the date of the adoption of such <br /> modification shall cease to be outstanding, and' (ii) such <br /> modification shall be specifically referred to in the text of all <br /> Parity Bonds issued after the date of the adoption of such <br /> modification. <br /> Section 14.02. Notices to Holders: Waiver. <br /> (a) Wherever this Ordinance provides for notice to Holders of <br /> any event, such notice shall be sufficiently given (unless otherwise <br /> herein expressly provided) if in writing and sent by United States <br /> mail, first class postage prepaid, to the address of each Holder <br /> entitled to receive such notice as it appears in the Registration <br /> Books. In any case where notice to Holders is given by mail, <br /> neither the failure to mail such notice to any particular Holder, <br /> nor any defect in any notice so mailed, shall affect the sufficiency <br /> of such notice with respect to all other Holders. <br /> (b) Where this Ordinance provides for noti'ce in any manner, <br /> such notice may be waived in writing by the Holder entitled to <br /> receive such notice, either before or after the event with respect <br /> to which such notice is given, and such waiver shall be the <br /> equivalent of such notice. Waivers of notice by Holders shall be <br /> filed with the Paying Agent/Registrar, but such filing shall not be <br /> a condition precedent to the validity of any action taken in <br /> reliance upon such waiver. <br /> ARTICLE XV <br /> PARTICULAR REPRESENTATIONS AND COVENANTS <br /> Section 15.01. Other Representations and Covenants. <br /> (a) The City will faithfully perform at all times any and <br /> all .covenants, undertakings, stipulations, and provisions contained <br /> in this Ordinance, and each ordinance authorizing the issuance of <br /> Parity Bonds, and in each and every Pari ty Bond; it will promptly <br /> pay or cause to be paid the principal of and interest on every <br /> Parity Bond, on the dates and in the places and manner prescribed in <br /> such ordinances and Parity Bonds; it wi11, at the times and in the <br /> manner prescribed, deposit or cause to be deposited the amounts <br /> required to be deposited into the Interest and Sinking Fund and the <br /> Reserve Fund. <br /> (b) The City is a duly created and existing home rule city <br /> of the State of Texas, and is duly authorized under the laws of the <br /> 4588f <br /> -38- <br />