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documents provided to the MSRB pursuant to this Section shall be accompanied by identifying <br />information as prescribed by the MSRB. <br />(c) Limitations, Disclaimers, and Amendments. The City shall be obligated to observe <br />and perform the covenants specified in this Section for so long as, but only for so long as, the City <br />remains an "obligated person" with respect to the Bonds within the meaning of the Rule, except that <br />the City in any event will give notice of any deposit made in accordance with Section 20 of this <br />Ordinance that causes the Bonds no longer to be outstanding. <br />The provisions of this Section are for the sole benefit of the holders and beneficial owners <br />of the Bonds, and nothing in this Section, express or implied, shall give any benefit or any legal or <br />equitable right, remedy, or claim hereunder to any other person. The City undertakes to provide <br />only the financial information, operating data, financial statements, and notices which it has <br />expressly agreed to provide pursuant to this Section and does not hereby undertake to provide any <br />other information that may be relevant or material to a complete presentation of the City's financial <br />results, condition, or prospects or hereby undertake to update any information provided in <br />accordance with this Section or otherwise, except as expressly provided herein. The City does not <br />make any representation or warranty concerning such information or its usefulness to a decision to <br />invest in or sell Bonds at any future date. <br />UNDER NO CIRCUMSTANCES SHALL THE CITY BE LIABLE TO THE HOLDER OR <br />BENEFICIAL OWNER OF ANY BOND OR ANY OTHER PERSON, IN CONTRACT OR TORT, <br />FOR DAMAGES RESULTING IN WHOLE OR IN PART FROM ANY BREACH BY THE City, <br />WHETHER NEGLIGENT OR WITHOUT FAULT ON ITS PART, OF ANY COVENANT <br />SPECIFIED IN THIS SECTION, BUT EVERY RIGHT AND REMEDY OF ANY SUCH <br />PERSON, IN CONTRACT OR TORT, FOR OR ON ACCOUNT OF ANY SUCH BREACH <br />SHALL BE LIMITED TO AN ACTION FOR MANDAMUS OR SPECIFIC PERFORMANCE. <br />No default by the City in observing or performing its obligations under this Section shall <br />comprise a breach of or default under this Ordinance for purposes of any other provision of this <br />Ordinance. <br />Should the Rule be amended to obligate the City to make filings with or provide notices to <br />entities other than the MSRB, the City hereby agrees to undertake such obligation with respect to <br />the Bonds in accordance with the Rule as amended. <br />Nothing in this Section is intended or shall act to disclaim, waive, or otherwise limit the <br />duties of the City under federal and state securities laws. <br />The provisions of this Section may be amended by the City from time to time to adapt to <br />changed circumstances that arise from a change in legal requirements, a change in law, or a change <br />in the identity, nature, status, or type of operations of the City, but only if (1) the provisions of this <br />Section, as so amended, would have permitted an underwriter to purchase or sell Bonds in the <br />primary offering of the Bonds in compliance with the Rule, taking into account any amendments <br />or interpretations of the Rule since such offering as well as such changed circumstances and (2) <br />SanMARCOS \ElectricUtilSysRevBonds \2013: 1 stSuppOrdinance 26 <br />