Laserfiche WebLink
reliance upon the representations, warranties and agreements to be <br />contained in the documents and instruments to be delivered at the <br />Closing, and upon the performance of the covenants and agreements <br />herein, as of the date hereof and as of the Date of Closing. <br />Accordingly, the Underwriter's obligations under this Purchase <br />Contract to purchase, to accept delivery of and to pay for the <br />Bonds shall be conditioned upon the performance of the covenants <br />and agreements to be performed hereunder and under such other <br />documents and instruments to be delivered at or prior to the <br />Closing, and shall be subject to the following additional <br />conditions: <br />(a) The representations and warranties of the County <br />contained herein shall be true, complete and correct on the <br />date hereof and on and as of the Date of Closing, as if made <br />on the Date of Closing. <br />(b) At the date of execution hereof and at the Closing, <br />the Resolution shall have been duly approved and adopted by <br />the County, shall be in full force and effect and shall not <br />have been amended, modified or supplemented, except to the <br />extent to which the Underwriter shall have given its prior <br />written consent and there shall have been taken in connection <br />therewith and in connection with the issuance of the Bonds all <br />such action as in the opinion of Rhoads & Sinon, Bond Counsel, <br />and Bryant, Miller and Olive, P.A., Tallahassee, Florida, and <br />Josias & Goren P.A., Ft. Lauderdale, Florida, Co -counsel for <br />the Underwriter, shall be necessary and appropriate in <br />connection with the transactions contemplated hereby. <br />(c) At the Closing there will be no pending or <br />threatened litigation or proceeding of any nature seeking to <br />restrain or enjoin the issuance, sale or delivery of the <br />Bonds, or the pledge, collection or application of the Pledged <br />Funds to pay the principal of and interest on the Bonds or in <br />anyway contesting or affecting the validity or enforceability <br />of the Bonds, the Resolution, the Escrow Deposit Agreement or <br />this Purchase Contract or contesting in any way the <br />proceedings of the County taken with respect thereto, or <br />contesting in any way the due existence or powers of the <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 Recreational Facilities by <br />the County, including but not limited to its power to levy <br />fees, rates and charges for the use of services of the <br />Recreational Facilities, or if such litigation does exist, the <br />Underwriter will receive an opinion of Charles P. Vitunac, <br />Esquire, Attorney for the County, that any such litigation is <br />without merit. <br />-9- <br />