Common use of Changes in Mode Clause in Contracts

Changes in Mode. Subject to the provisions of this Section 2.11, the Authority may effect a change in Mode with respect to a 2020D-2 Bond by following the procedures set forth in this Section 2.11. If a change in Mode (and the proposed means of distribution of the Bonds in connection with such Mode Change) will make a 2020D-2 Bond subject to Rule 15c2-12 promulgated under the Securities Act of 1934, as amended, a continuing disclosure undertaking shall be entered into by the Authority satisfying the requirements of said Rule.

Changes in Mode. Subject to the provisions of this Section 2.11, the Authority may effect a change in Mode with respect to a 2020D-2 2019C Bond by following the procedures set forth in this Section 2.11. If a change in Mode (and the proposed means of distribution of the Bonds in connection with such Mode Change) will make a 2020D-2 2019C Bond subject to Rule 15c2-12 promulgated under the Securities Act of 1934, as amended, a continuing disclosure undertaking shall be entered into by the Authority satisfying the requirements of said Rule.

Changes in Mode. Subject to the provisions of this Section 2.11, the Authority may effect a change in Mode with respect to a 2020D-2 2018A-2 Bond by following the procedures set forth in this Section 2.11. If a change in Mode (and the proposed means of distribution of the Bonds in connection with such Mode Change) will make a 2020D-2 2018A-2 Bond subject to Rule 15c2-12 promulgated under the Securities Act of 1934, as amended, a continuing disclosure undertaking shall be entered into by the Authority satisfying the requirements of said Rule.