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FRO" 0 M 0 904 224 1344 4.12.1993 20139 P.11 <br />County or the title of any of the members of the Board of <br />officials of the County to their respective offices or in any <br />way contesting the operation of the System by the County, <br />including but not limited to its power to levy fees, rates and <br />charges for the use of services of the System, or if such <br />litigation does exist, the Underwriter will receive an opinion <br />of Charles P. Vitunac, Esquire, Attorney for the County, that <br />any such litigation is without merit. <br />(d) Except as described in the Official Statement, there <br />shall have been no material adverse change in the financial <br />condition of the County since September 30, 1992. <br />(e) At the Closing, the Underwriter shall receive the <br />following documents each dated as of the Closing: <br />(i) An opinion of Rhoads i ninon, Bond Counsel, <br />substantially in the form attached to the official State- <br />ment as Appendix F, together with letters of such <br />counsel, dated the Date of Closing and addressed to the <br />Underwriter, to the effect that the foregoing opinion <br />addressed to the county may be relied upon by the <br />Underwriter to the same effect as if such opinion were <br />addressed to themf <br />(ii) An opinion of bond Counsel, addressed to the <br />County and the Underwriter to the effect that the <br />information contained in the official Statement under the <br />headings "Purpose of the series 1993 Bonds," "Description <br />of the Series 1993 Bonds," "Security and Sources of <br />Payment," "Approval of Legality" and "Tax Exemption," <br />insofar as such information purports to summarize <br />portions of the Resolution, the Bonds, or the laws <br />referred to therein, constitutes a fair summary of the <br />portions of such documents and the law purported to be <br />summarized therein and to the effect that the information <br />under "Tax Exemption" is correct. <br />(iii) A defeasance opinion, dated the data of the <br />Closing and addressed to the Underwriter, of Bond <br />Counsel, addressed to the County and the Underwriter, in <br />such form as is mutually, reasonably acceptable to the <br />Underwriter and Bond Counsali <br />(iv) An opinion, dated the Date of the Closing and <br />addressed to the County and the Underwriter, of Charles <br />P. Vitunac, Esquire, Attorney for the County, to the <br />effect that: (i) this Purchase Contract and the Escrow <br />Deposit Agreement have been duly authorized,. executed and <br />delivered by the County and constitutes a legal, valid <br />and binding agreement of the County in accordance with <br />its terms except to the extent that the enforceability of <br />-10- <br />