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of this Resolution,relating to the Loan Contract Amendments, Security Agreement Amendments <br /> and Promissory Note Amendments as provided herein are hereby ratified, approved, and <br /> confirmed. <br /> Section 9. Limitation of Actions. In accordance with Section 11-57-212, C.R.S., no • <br /> legal or equitable action can be brought with respect to any legislative acts or proceedings in <br /> connection with the authorization and execution of the Loan Contract Amendments or issuance <br /> and delivery of the Promissory Note Amendments more than 30 days after the date of passage of <br /> this Resolution. <br /> Section 10. Headings. The headings to the various sections and paragraphs to this <br /> Resolution have been inserted solely for the convenience of the reader, are not a part of this <br /> Resolution,and shall not be used in any manner to interpret this Resolution. <br /> Section 11. Resolution Irrepealable. After any one of the Promissory Note <br /> Amendments has been issued,this Resolution shall constitute a contract between CWCB and the <br /> Authority, and shall be and remain irrepealable until the Promissory Note Amendments and the <br /> interest accruing thereon shall have been fully paid,satisfied and discharged,as herein provided. <br /> Section 12. Severability. It is hereby expressly declared that all provisions hereof and <br /> their application are intended to be and are severable. In order to implement such intent, if any <br /> provision hereof or the application thereof is determined by a court or administrative body to be <br /> invalid or unenforceable, in whole or in part, such determination shall not affect, impair or <br /> invalidate any other provision hereof or the application of the provision in question to any other <br /> situation; and if any provision hereof or the application thereof is determined by a court or <br /> administrative body to be valid or enforceable only if its application is limited, its application <br /> shall be limited as required to most fully implement its purpose. <br /> Section 13. Repealer. All orders,bylaws, resolutions and ordinances of the Authority, <br /> or parts thereof,inconsistent or in conflict with this Resolution are hereby repealed to the extent <br /> only of such inconsistency or conflict. <br /> [remainder of page intentionally blank] <br /> • <br /> • <br /> 8 <br /> 4812-2618-5034.1 <br />