1993-081 - Laserfiche WebLink

Home Browse Search

I IIII IAIIIIIA Y.A1111I V I I I IIII I I FROM 0 M 0 904 224 1344 4.12.1993 20137 F. 0 any; (iii) which in any way contests or affects the validity or enforceability of the Bonds, the Resolution, the Escrow Deposit Agreement or this Purchase Contract; (iv) which would cause the interest on the Bonds to be included in the federal gross income of the holders of the Bonds; or (v) which contests in any way the completeness or accuracy of the Preliminary official statement or the Final Official Statement or which contests the powers of the County or any authority or proceedings for the issuance, sale or delivery of the Bonds, or the due adoption of the Resolution, the execution and delivery of this Purchase Contract, or the operation by the County of the System, including the power to levy rates for the services of the System; nor, to the best knowledge of the County, is there any basis therefor, wherein an unfavorable decision, ruling or finding would materially adversely affect the validity or enforceability of the Bonds, the Resolution, the Escrow Deposit Agreement or this Purchase Contract or the power of the County to operate the System or to levy rates for the services of the System. (j) The County will furnish such information, execute such instruments and take such other action not inconsistent with law in cooperation with the Underwriter as the Underwriter may reasonably request in order to: (i) qualify the Bonds for offer and sale under the Blue Sky or other securities laws and regulations of such states and other jurisdictions of the United States as the Underwriter may designate; and (ii) determine the eligibility of the Bonds for investment under the laws of such states and other juris- dictions, and will use its best efforts to continue such qualifications in effect so long as required for the distribution of the Bonds; provided, however, that the County shall not be obligated to qualify to do business or take any action that would subject it to general service of process in any state where it is not now so subject. (k) It between the date of this Purchase Contract and the date which is earlier of (A) 90 days from the and of the "underwriting period" (as defined in SEC Rule 15e2-12 or (B) the time when the Official Statement is available to any person from a nationally recognized municipal securities information repository (but in no case less than 25 days following the and of the underwriting period), any event shall occur which would or might cause the information contained in the Official statement, as then supplemented or amended, to contain any untrue statement of a material fact or to omit to state a material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading, the County shall notify the Underwriter thereof, and it in the reasonable opinion of the Underwriter such event requires the preparation and publication of a supplement or amendment to -7-