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0 HETRA Computer and Communications Industries, Inc. February 1 , 1984 Paqe Three you for a reasonable time so long as you snall be proceeding with appropriate efforts toward conclusion of any arrangements necessary to the Project, and (after finding the Borrower finan- cially responsible as described in paragraph 8 hereof) so long as there shall be no material adverse change in your financial condition; provided, however, if for any reason (other than that which shall be the fault of the Issuer) the bonds are not deli- vered to the purchaser or purchasers Thereof within one year from the date hereof, then the provisions of this proposal and the agreement resulting from its acceptance by you will be deemed cancelled. In such event, or in the event of its earlier can- cellation by agreement between you and the Issuer, neither party shall have any rights against the other and no third party shall have any rights against either party except: (a) You will pay to the Issuer the amount of all expen- ses which shall have been incurred by the Issuer in connection with the Project, and any administrative fees of the Issuer in reviewing and processing your bond issuance application; (b) You will assume and be responsible for all contracts entered into by the Issuer at your request in connec- tion with the Project; and (c) You will pay the out-of-pocket expenses of offi- cials and representatives of the Issuer incurred in connection with the Project and will pay counsel for the Issuer and the firm of Freeman, Richardgon, Watson & Keiiy, P.A., bond counsel, legal fees for legal services related to the Project or the financing thereof. 6. The Issuer shall not be obligated to pay any of the bonds or the interest thereon from any funds of the Issuer derived from any source other than the Agreement and Note, or any guaranty agreement by third parties, and in no event may the taxing power or other revenues of r_hP Issuer b- ple'ged to pay any of the bonds or the interest thereon. Each bond shall con- tain a statement substantially to that effect upon its face. The Issuer shall not be required to incur any expense with respect to the Project or the bonds unless requested to do so by you, in which event you hereby agree to reimburse the full amount of such expense to the Issuer; and the Issuer may require payment to it of such amount as a prerequisite to its incurring any such