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the Policy, and the information relating to the Insurer and the Policy contained in the Official Statement, in form and substance satisfactory to Bond Counsel and the Underwriter. (xi) A letter of Fitch IBCA, Inc. to the effect that the Series 2003 Bonds have been assigned a rating no less favorable than "AAA" and letter of Standard & Poor's Credit Markets Services to the effect that the Series 2003 Bonds have been assigned a rating no less favorable than "AAA" each of which ratings shall be in effect as of the date of Closing. (xiii) Suchadditional legal opinions, certificates, instruments and other documents as the Underwriter mayreasonably request to evidence the truth and accuracy, as of the date hereof and as of the date of the Closing, ofthe County's representations and warranties contained herein and ofthe statements and information contained in the Official Statement and the due performance or satisfaction by the County on or prior to the date of Closing of all the agreements then to be performed and conditions then to be satisfied by it If the County shall be unable to satisfy the conditions to the obligations of the Underwriter to purchase, to accept delivery of and to pay for the Series 2003 Bonds contained in this Bond Purchase Contract and the Underwriter does not waive such inability in writing, or if the obligations of the Underwriter to purchase, to accept delivery of and to pay for the Series 2003 Bonds shall be terminated for any reason permitted by this Bond Purchase Contract, this Bond Purchase Contract shall terminate, the good faith deposit described in Section 2 hereof shall be returned to the Underwriter and neither the Underwriter nor the County shall be under any further obligation hereunder, except that the respective obligations of the County and the Underwriter set forth in Section 9 hereof shall continue in full force and effect. 9. Expenses. The Underwriter shall be under no obligation to pay, and the County shall pay, any expense incident to the performance of the County's obligations hereunder including, but not limited to: (a) the cost of preparation, printing and delivery of the Resolution; (b) the cost of preparation and printing of the Series 2003 Bonds; (c) the fees and disbursements of Bond Counsel and Disclosure Counsel; (d) the fees and disbursements of the County's certified public accountants; (e) the fees and disbursements of any experts, consultants or advisors retained by the County; (f) fees for bond ratings; (g) the fees and expenses ofthe Registrar, the Paying Agent and of their respective counsel; and (h) the costs of preparing, printing and delivering the Preliminary Official Statement and the Official Statement and any supplements or amendments thereto. The Underwriter shall. pay: (a) all advertising expenses; and (b) all other expenses incurred by them or any of them in connection with the public offering of the Series 2003 Bonds. In the event that either party shall have paid obligations of the other as set forth in this Section 9, adjustment shall be made at the time of the Closing. 10. Notices. Any notice or other communicationto be given to you under this Bond Purchase Contract maybe given by mailing the same to IndianRiverCounty, Florida, 1840 25th Street, Vero Beach, 12