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change in legal requirements, change in law or change in the identity, nature or status of an Obligated
Person with respect to the Bonds or the type of business conducted;
(b) The undertaking, as amended or taking into account such waiver, would, in the opinion of
nationally recognized bond counsel, have complied with the requirements of the Rule at the time of the
original issuance of the Bonds, after taking into account any amendments or interpretations of the Rule, as
well as any change in circumstances; and
(c) The amendment or waiver either (i) is approved by the Holders of the Bonds in the same
manner as provided in the Indenture for amendments to the Indenture with the consent of Holders or (ii)
does not, in the opinion of nationally recognized bond counsel, materially impair the interests of the Holders
or Beneficial Owners of the Bonds.
In the event of any amendment or waiver of a provision of this Continuing Disclosure Agreement,
the Borrower will describe such amendment in the next Annual Report and will include, as applicable, a
narrative explanation of the reason for the amendment or waiver and its impact on the type (or, in the case
of a change of accounting principles, on the presentation) of financial information or operating data being
presented by the Borrower. In addition, if the amendment relates to the accounting principles to be followed
in preparing financial statements, (i) notice of such change will be given in the same manner as for a
Material Event under Section 5(e) hereof and (ii) the Annual Report for the year in which the change is
made should present a comparison (in narrative form and also, if feasible, in quantitative form) between the
financial statements as prepared on the basis of the new accounting principles and those prepared on the
basis of the former accounting principles.
Section 7. Default. In the event of a failure of the Borrower or the Dissemination Agent to comply
with any provision of this Continuing Disclosure Agreement, the Dissemination Agent may (and, at the
request of the Underwriter or the Holders of at least twenty-five percent (25%) aggregate principal amount
of Outstanding Bonds, will), or the Borrower or any Holder or Beneficial Owner of the Bonds may, take
such actions as may be necessary and appropriate, including seeking, or specific performance by court
order, to cause the Borrower or the Dissemination Agent, as the case may be, to comply with its obligations
under this Continuing Disclosure Agreement. A default under this Continuing Disclosure Agreement will
not be deemed an Event of Default under the Indenture or the Loan Agreement, dated as of July 1, 2026,
between the Issuer and the Borrower, and the sole remedy under this Continuing Disclosure Agreement in
the event of any failure of the Borrower or the Dissemination Agent to comply with this Continuing
Disclosure Agreement will be an action to compel performance.
Section 8. Beneficiaries. This Continuing Disclosure Agreement will inure solely to the benefit
of the Borrower, the Dissemination Agent, the Underwriter and Holders from time to time of the Bonds and
will create no rights in any other Person or entity.
Section 9. Additional Information. Nothing in this Continuing Disclosure Agreement shall be
deemed to prevent the Borrower from disseminating any other information, using the means of
dissemination set forth in this Continuing Disclosure Agreement or any other means of communication, or
including any other information in any Annual Report or notice of occurrence of a Material Event, in
addition to that which is required by this Continuing Disclosure Agreement. If the Borrower chooses to
include any information in any Annual Report or notice of occurrence of a Material Event, in addition to
that which is specifically required by this Continuing Disclosure Agreement, the Borrower shall have no
obligation under this Continuing Disclosure Agreement to update such information or include it in any
future Annual Report or notice of occurrence of a Material Event.
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