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and of the impact of any change in the type of financial information or operating data so <br />provided. The City may also amend or repeal the provisions of this Article if the SEC amends or <br />repeals the applicable provisions of the Rule or a court of final jurisdiction enters judgment that <br />such provisions of the Rule are invalid, and the City also may amend the provisions of this <br />Article in its discretion in any other manner or circumstance, but in either case only if and to the <br />extent that the provisions of this sentence would not have prevented an underwriter from <br />lawfully purchasing or selling Certificates in the primary offering of the Certificates, giving <br />effect to (a) such provisions as so amended and (b) any amendments or interpretations of the <br />Rule. <br />Section 8.4: Definitions. As used in this Article, the following terms have the <br />meanings ascribed to such terms below: <br />"MSRB" means the Municipal Securities Rulemaking Board. <br />"NRMSIR" means each person whom the SEC or its staff has determined to be a <br />nationally recognized municipal securities information repository within the meaning of the Rule <br />from time to time. <br />"Rule" means SEC Rule 15c2-12, as amended from time to time. <br />"SEC" means the United States Securities and Exchange Commission. <br />"SID" means any person designated by the State of Texas or an authorized department, <br />officer, or agency thereof as, and determined by the SEC or its staff to be, a state information <br />depository within the meaning of the Rule from time to time. <br />ARTICLE IX <br />MISCELLANEOUS <br />Section 9.1: Defeasance. The City may defease the provisions of this Ordinance and <br />discharge its obligations to the Registered Owners of any or all of the Certificates to pay the <br />principal of and interest thereon in any manner now or hereafter permitted by law, including by <br />depositing with the Paying Agent/Registrar, a trust company or commercial bank other than the <br />Paying Agent/Registrar, or with the Comptroller of Public Accounts of the State of Texas either: <br />(a) cash in an amount equal to the principal amount of such Certificates and <br />premium, if any, and interest thereon to the date of maturity or redemption; or <br />(b) pursuant to an escrow or trust agreement, cash and/or (i) direct noncallable <br />obligations of United States of America, including obligations that are unconditionally <br />guaranteed by the United States of America; (ii) noncallable obligations of an agency or <br />instrumentality of the United States, including obligations that are unconditionally guaranteed or <br />insured by the agency or instrumentality and that are rated as to investment quality by a <br />nationally recognized investment rating firm not less than "AAA" or its equivalent; or (iii) <br />noncallable obligations of a state or an agency or a county, municipality, or other political <br />subdivision of a state that have been refunded and that are rated as to investment quality by a <br />20 <br />HOU:2690632.2 <br />