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of cancelled for any reason permitted by this dote purchase Agreement, this Note Purchase A€ireement shall terminate and the nor the rottnty thail be under further neither th obligation hereunder, ,except that any oblignttons hereof, and Any respertivQ c,hligatlonz to RAY +�xp.+nunder Section tinder , as +±£feet, pcovicled in `action 9 itetecf,hall con tln.�e in full farce and (A) The Cot#nty h�rrbya.cknow}A�I.ies :tn sec,triLy for the f.aiP-fifth perfnr.mance lty thn tlnderwrit- r'- of , ec obligations hereunder, `ncelpt of the cort,if.iel check from �jLh, Edwards t, .Bonn. Inc„ on beha(r of the +Underwriters. romPAYAle to war in thr, amount Of 5')2,000. beim }n an amount to to Lthe% County such rtt°* l,ttncipAl alaOUttt of r. t,^ dotes. The Cttott► -01411 of thA 6Ur_h clte'It IIIV.-:tnh„,:1 tint}} dlsp..:tsed of as fol lows: y hold (}) •�t fife CIo-ging. ,such r -heck will be rteli:ere+! to the llnderwr}term. (11) In the event the County shaft sail t.ha tlnteq At the date fixed for to dellvnt the Closlrt7, or 4f the County shall he unable aor pr-lot.to the data fix.,l Cctr fife Closing to satinfy ::he c©ndit.ions to the obligatlon9 of t)tR Underwriters be torminained herein, or if tho obliKfations of th„ Underwritere t.hall be termlrtated for any r+saaon Peraitted hwrrby, tench check shall be delivered forthwith to the Underwriters; or for r(ill) if the Underwriters shall fall (other than eason:, pt�rmitted hereby) to acct!pt and pay for the dotes upon tender thereor by the County as provided herein, such check shall forthw}t:h be delivered to the County as and for fall liquidated dthe Cot' such failure and for any and all (J" faultts on the part taf i th«t Uruier.rri ts,t':t, and delivery of tench check t+hall constitute satisfaction of t,rtd Miall result in full release and ditar.harge of all claims and damages for such failure and for any and all such defaults, other than such as may arise under Section © hereof. 1. Official Statement. The County shall doliver, or canes to be delivered, to the Underwriters at the Closing (as hereinafter defined) or within a reasonable time after its acceptance hereof, five copies of the Official Statement with only such changes therein as shall have been accepted by the Underwritera, executed on behalf of the County by the Chairman of the Board of County Commissioners and the County Administrator. The County shall authorize the preparation and use by the Underwriters and the form and content of the Preliminary Official Statement dated December 3, 1987 (the "Preliminary Official Statement") relating to the Notes, and will ratify its prior use in connection with the sale of the Notes. and will approve the form and content and authorize the execution and delivery of the