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4D <br />• <br />Mr. David Evans <br />Page 3 <br />June 25, 1986 <br />Issuer in connection with the project and which were <br />authorized by the Company; <br />(c) The Company will assume and be responsible for all <br />contracts entered into by the Issuer at the <br />request of the Company in connection with the <br />project; and <br />(d) The Company will pay the out-of-pocket expenses of <br />officials and representatives of the Issuer and <br />counsel for the Issuer incurred In connection with <br />the project. <br />6. The Company, in accepting this proposal, will <br />thereby agree to indemnify, defend and hold harmless the Issuer <br />against any loss or damage to property or any injury or death of <br />any person or persons occurring in connection with the <br />construction, equipping and operating of the project. This <br />indemnity shall be superseded by a similar indemnity in the <br />Agreement and, in the event the bonds are not delivered, this <br />indemnity shall survive the termination of the agreement <br />resulting from the Company's acceptance of this proposal. <br />7. All the commitments of the Issuer hereunder are <br />subject to the following: <br />(a) The review and approval by the County Attorney of <br />the Resolution authorizing the Industrial Bond <br />Issue, and review and approval of the Agreement <br />and other bond closing documents; <br />(b) Investigation, review and approval by County of <br />matters of financial condition of the Company and <br />any Guarantors, and local impact on the area and <br />its resources as required by Section 159.29 of the <br />Florida Industrial Revenue Bond Financing Act; <br />(c) Indication from any municipality in which the <br />Project is to be located that such municipality <br />has no objection to the issuance of the bonds by <br />the Issuer; <br />(d) The effect of legislation presently pending in the <br />United States Congress regarding the issuance of <br />industrial revenue bonds. <br />If this proposal shall be satisfactory to the Company, <br />please have the acceptance statement which follows this proposal <br />executed by the proper officers of the Company duly authorized <br />and provide an accepted copy to the Issuer, whereupon this <br />