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Section 5. Indemnity. <br />To the full extent permitted by law, the Escambia Authority agrees to hold the <br />Participating County harmless from any and all liability for repayment of principal of and <br />interest or penalty on the Escambia Bonds issued pursuant to this Agreement, and the <br />members, officials, employees and agents of the Participating County harmless from any and all <br />liability in connection with the approval rendered pursuant to Sections 159.603 and 159.604, <br />Florida Statutes. The Escambia Authority agrees that any offering, circular or official statement <br />approved by and used in marketing the Escambia Bonds will include a statement to the effect <br />that Bond owners may not look to the Participating County or its respective members, officials, <br />employees and agents for payment of the Escambia Bonds and interest or premium thereon. <br />MCPS -09/07/07 -6682 -County Docs -Indian River ILA -v1 <br />5 <br />