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PRO" 9 M 0 984 224 1544 4.12.1993 28144 P.18 <br />(i) Any rating of the bonds shall have been downgraded <br />or withdrawn by a national rating service, which materially <br />adversely affects the market for the Bonds or the sale, at the <br />contemplated offering prices, by the Underwriter of the Bonds <br />to be purchased by them; or any proceeding shall be pending or <br />threatened by the Securities and Exchange Commission against <br />the County which has a material adverse effect on the market <br />price of the Bonds. <br />(j) Financial Guaranty insurance Company (the "Insurer") <br />shall inform the County or the Underwriter that it will not <br />insure payment of the principal of or interest on the Bonds as <br />described in the Official Statement. <br />10. ZApanses. <br />(a) Whether or not the Bonds are sold by the County to <br />the Underwriter (unless such sale be prevented at Closing by <br />the Underwriter's default), the County shall be obligated to <br />pay the following expenses: (i) the cost of the preparing and <br />printing or other reproduction of the Resolution and the <br />Escrow Deposit Agreement; (ii) the cost of preparing and <br />printing the Bonds, the Preliminary Official Statement and the <br />Final Official statement; (iii) the fees and disbursements of <br />Rhoads & Sinon incurred in its capacity as Bond Counsel; (iv) <br />the teas of the Insurer for the Policy and the fees of <br />Standard & Poor's Corporation and Moody's Investors Service, <br />Inc.; (v) the fees and disbursements of the Paying Agent and <br />Registrar; (vi) the fees and disbursements of Fishkind & <br />Associates incurred in its capacity as Financial Advisor; <br />(vii) the fees and disbursements of Coopers & Lybrand, the <br />County's certified public accountants; and (viii) the fees and <br />disbursements of any other experts, accountants, consultants <br />or advisors retained by the County, including fees of the <br />auditor, if any, the rate consultants and consulting <br />engineers. <br />(b) Whether or not the Bonds are sold by the County to <br />the Underwriter (unless such sale be prevented at Closing by <br />the County's default), the Underwriter shall be obligated to <br />pay the following expenses and shall be permitted to pay such <br />expenses from its discount: (i) all advertising expenses in <br />connection with the public offering of the Bonds; (11) the <br />fees and disbursements of Bryant, Miller and Olive, P.A., and <br />3osias & Goren, Co -counsel to the Underwriter, and the cost of <br />preparing the Blue Sky Survey and this Purchase Contract; and <br />(iii) all other expenses incurred by them in connection with <br />its public offering of the Bonds. <br />11. Noticed. Any notice or other communication to be given <br />to the County under this Purchase Contract may be given by <br />delivering the same in writing to the address set forth above and <br />f17- <br />