RES 07147 - Laserfiche WebLink

obligations incurred by the Authority at that time, as defiermined by the Board. 14. SuooessQrs: Assignment. This Agreement shall be binding upon and shall inure m the benefit of the successors of the Members. No Member may assign any rights or obligations hereunder without the unanirrwt~ consent of the governing bodies of the other Members; provided, further, that no such assignment may be made ff it would mafierially and adversely affect (a) the rating of bonds issued by the Authority, or (b) boncflfoklers Holding such bonds. 15. Amendments. This Agreement may be amended only by the mutual agreement of all the governing bodies of the Members. So long as any bonds of the Authority are outstanding and unpaid, orfunds are not otherwise set aside torthe payment or redemption thereof in accordance with the terms of the bogs and the documentation relating thereto, this Agreement shad not be amended, modified or othenivise revised, charged or resanded, if such action would (a) materiagy and adversely affect (1) the rating of bonds issued by the Authority, or (2) bondholders holing such bonds, or(b) unit or reduce the obligations of the Members to make, in the aggregate, tl~e payments under the Funding Plan which are for the benefit of the owners of the bonds. 16. No ' s. Any rtotioes to Members required by this Agreement shad be dea'nrered or mailed, U.S. first lass, postage prepaid, addressed as follows: Notices urxierthis Agreement shad be deemed given and received at the earlierof actual receipt, or the second business day fdimluing deposit in the United States mail, as required above. Any Member may amend its address for rrotloe by notifying the other Members pursuant th this Section. 17. Sev bil' . Should any pmt, term, or provision of this Agreerrrent be leaded by the courts to be illegal or in conflict with any law of the State of California, or otherwise be rendered unenforneable or inefbecbual, the validity of the remaining portions or provisions shah not be afbecied thereby. 18. Liberal Construction. The provisions of thLs Agreement shall be liberally construed as o'Y or reasonably convenient b achieve the purposes of the Authority. 19. Headings. The headings used in this Agreement are for convenience only and have no effect on the content,cons#ruc~ion, or interpretation of the Agreement. Z0. Counterpart., This Agreement may be executed in any number of counterparts, and by Joint Exerc~ae of Powers Agreement for Use East Bay Regional Communications System Autlrorlly Final Amt; ~y ~, 2007 Page 10 of 1 f