CCSD BOA REVI ARD OF TR ISED AGEN RUSTEES NDA

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thirty days of an event adversely affecting more than five percent of the District's revenue or tax base. The only remedy for failure by the District to comply with the covenant in this Section 9.05 shall be an action for specific performance of this covenant. The Board specifically reserves the right to amend this covenant to reflect any change in Act 442, without the consent of any Noteholder. (b) The District hereby covenants and agrees that it will comply with and carry out all of the provisions of each Disclosure Dissemination Agreement. Notwithstanding any other provision of this Resolution, failure of the District to comply with a Disclosure Dissemination Agreement shall not be considered an event of default hereunder; however, any holder of a Note of the applicable Series may take such actions as may be necessary and appropriate, including seeking mandamus or specific performance by court order, to cause the District to comply with its obligations under this Section 9.05(b). A Disclosure Dissemination Agreement with respect to each Series of Notes shall be executed by an Authorized Officer prior to the delivery of the applicable Series of Notes and shall be in such form as is set forth in Exhibit C hereto, together with such modifications and amendments thereto as shall be deemed necessary by such Authorized Officer, upon advice of counsel. The execution of the Disclosure Dissemination Agreements shall constitute conclusive evidence of the approval by the person executing the same of any and all modifications and amendments thereto. [End of Article IX] 29 2/22/16 Board Agenda Agenda Item 9.5B (A&F D-IX) Page 35 of 49
DONE IN MEETING DULY ASSEMBLED this 22 nd day of February, 2016. CHARLESTON COUNTY SCHOOL DIS<strong>TR</strong>ICT, SOUTH CAROLINA (SEAL) Chair, Board of Trustees Attest: Secretary, Board of Trustees 30 2/22/16 Board Agenda Agenda Item 9.5B (A&F D-IX) Page 36 of 49
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CCSD BOARD OF TRUSTEES REVISED AGEN
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CCSD BOA REVI ARD OF TR ISED AGEN RUSTEES NDA

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