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except as shall have been remedied by a supplement or amendment pursuant to Paragraph 6(1) below; (1) If between the date of this Contract of Purchase and the date of the Closing the County shall have knowledge of the occurrence of any event which might or would cause 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 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, if in the opinion of the County such event requires the preparation and publication of a supplement or amendment to the Official Statement, the County will at its expense supplement or amend the Official Statement in a form and in a manner approved in writing by the Underwriter, unless the Underwriter, in his discretion, elects to cancel his obligations under this Contract of Purchase, pursuant to Paragraph 8(d)(v) below; (m) The County hereby agrees, immediately after the Closing, to apply the proceeds from the sale of the Bonds as specified in the Resolution and the Escrow Deposit Agreement, and as more fully described in certificates to be delivered at the Closing; and (n) The County has deemed final the Preliminary Official Statement within the meaning of paragraph (b)(3) of SEC Rule 15c2-12 except for certain permitted omissions. Any certificate signed by an authorized officer of the County delivered to the Underwriter shall be deemed a representation and warranty by the County to the Underwriter as to the statements made therein. 7. At 11:00 a.m., New York Time, on December 8, 1992, or at such other time or on such other date as shall have been mutually agreed upon by the County and the Underwriter, the County will deliver, or cause to be delivered, to the Underwriter the Bonds, duly executed in definitive form and authenticated by Nationsbank Trust of Florida, N.A., Ft. Lauderdale, Florida, (the "Paying Agent and Registrar% together with the other documents hereinafter mentioned, and the Underwriter, will accept such delivery and pay the purchase price of the Bonds, plus accrued interest, by making a wive transfer to the County or its designee in Federal Funds (such payment and delivery and the other actions contemplated hereby to take place at the time of such payment and delivery herein referred to as the "Closing"). Payment for the Bonds as aforesaid shall be made at the County Administration Building or such other place as may be mutually agreed upon by the County and the Underwriter. The authenticated Bonds shall be made available to the Underwriter and to The Depository Trust Company at least one business day prior to the Closing for purposes of inspection. 8. The Underwriter has entered into this Contract of Purchase in reliance upon the representations, warranties and agreements of the County contained herein and in reliance upon the representations, warranties and agreements to be contained in the documents, opinions, instruments and agreements to be delivered at the Closing and upon the performance by the County of its obligations hereunder as of the date hereof and as of the date of the Closing. Accordingly, the Underwriter's obligations under this Contract of Purchase to purchase, to accept delivery of and to pay for the Bonds shall be conditioned upon and subject to (i) the performance by the County of its obligations to be performed hereunder and under such documents, instruments and agreements to be delivered at the Closing, (u) the accuracy of the representations and warranties of the County herein as of the date hereof and as of the time of the Closing, and (iii) to the following additional conditions, including, without limitation, the delivery by the County of such documents as are enumerated herein, in form and substance reasonably satisfactory to the Underwriter: -5-