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(iii) an event described in paragraph (q) of Section 6 hereof shall have occurred which <br />requires an amendment or supplement to the Official Statement and which, in the reasonable <br />opinion ofthe Underwriter, materially adversely affects the marketability ofthe Series 2003 Bonds <br />or the market price thereof, or <br />(iv) inthe reasonable opinion ofthe Underwriter, payment for and deliveryofthe Series <br />2003 Bonds is rendered impracticable or inadvisable because (A) trading in securities generally <br />shall have been suspended on the New York Stock Exchange, Inc., or (B) a general banking <br />moratorium shall have been established by Federal, New York or Florida authorities, or (C) the <br />engagement of the United States in a war or other hostilities or the threat ofwar or other hostilities, <br />or <br />(v) an order, decree or injunction of any court of competent jurisdiction, or any order, <br />ruling, regulation or administrative proceeding by any governmental body or board, shall have been <br />issued or commenced, or any legislation enacted, with the purpose or effect of prohibiting the <br />issuance, offering or sale of the Series 2003 Bonds as contemplated hereby or by the Official <br />Statement or prohibiting the adoption of the Resolution or the performance thereof, or <br />(vi) between the date hereofand the Closing, the County has, without the prior written <br />consent of the Underwriter, offered or issued any bonds, notes or other obligations for borrowed <br />money, or incurred any material liabilities, direct or contingent, other than as described in the <br />Official Statement, in either case payable from the full faith and credit of the County, or <br />(vii) the President of the United States, the office of Management and Budget, the <br />Department of Treasury, the Internal Revenue Service or any other governmental body, <br />department, agency or commission of the United States or the State of Florida shall take or <br />propose to take any action or implement or propose regulations, rules or legislation which, in the <br />reasonable judgment ofthe Underwriter, materially adversely affects the market price ofthe Series <br />2003 Bonds or causes any material information in the Official Statement, in light of the <br />circumstances under which it appears, to be misleading in any material respect, or <br />(viii) any executive order shall be announced, or any legislation, ordinance; rule or <br />regulation shall be proposed by or introduced in, or be enacted by any governmental body, <br />department, agency or commission ofthe United States or the State ofFlorida or the State ofNew <br />York, having jurisdiction over the subject matter, or a decision by any court of competent <br />jurisdiction within the United States or within the State of Florida or the State of New York shall <br />be rendered which, in the reasonable judgment ofthe Underwriter, materially adversely affects the <br />market price of the Series 2003 Bonds or causes any information in the Official Statement to be <br />misleading in any material respect, or <br />(ix) prior to Closing, either (A) Standard & Poor's Credit Markets Services or Fitch <br />Ratings shall inform the County or the Underwriter that the Series 2003 Bonds will not be rated <br />8 <br />