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(e) any amendment to the Official Statement is proposed by the Issuer or deemed necessary by Bond Counsel or Disclosure Counsel pursuant to Section 4(c) hereof which, in the opinion of the Underwriters and the financial advisor to the Insurer Issuer, materially adversely affects the market for the Bonds or the sale, at the contemplated offering prices, by the Underwriters of the Bonds to be purchased by them. (f) there shall have occurred any outbreak or escalation of hostilities or other national or international calamity or crisis or a financial crisis, the effect of such outbreak, calamity or crisis on the financial markets of the United States being such as, in the reasonable opinion of the Underwriters, would affect materially and adversely the ability of the Underwriters and the financial advisor to the Issuer to market the Bonds; or (g) trading shall be suspended, or new or additional trading or loan restrictions shall be imposed by the New York Stock Exchange or other national securities exchange or governmental authority with respect to obligations of the general character of the Bonds or a general banking moratorium shall be declared by federal, Florida or New York authorities; (h) any litigation shall be instituted, pending or threatened to restrain or enjoin the issuance or sale of the Bonds or in any way protesting or affecting any authority for or the validity of the Bonds, the Resolution, the Insurance Policy, this Bond Purchase Contract or the existence or powers of the Issuer; or (i) there shall have occurred a default with respect to the debt obligations of, or the institution of proceedings under any federal bankruptcy laws by or against, any state of the United States or any city located in the United States having a population of over 500,000, the effect of which, in the opinion of the Underwriters and the financial advisor to the Issuer, would materially and adversely affect the ability of the Underwriters to market the Bonds; or 0) any rating of the Bonds shall have been downgraded or withdrawn by a national rating service, which materially adversely affects the market for the Bonds or the sale, at the contemplated offering prices, by the Underwriters of the Bonds to be purchased by them; or any proceeding shall be pending or threatened by the Securities and Exchange Commission against the Issuer; or (k) the Insurer shall inform the Issuer or the Underwriters that it will not insure payment of the principal of or interest on the Bonds as described in the Official Statement. 11. Failure to Satisfy Conditions• Waiver of Conditions. If the Issuer shall be unable to satisfy the conditions to the obligations of the Underwriters contained in this Bond Purchase Contract, or if the obligations of the Underwriters to purchase and accept delivery of the Bonds shall be terminated for any reason permitted by this Bond Purchase Contract, this Bond Purchase Contract shall terminate and neither the Underwriters nor the Issuer shall be under further obligation hereunder. The Underwriters may, in its discretion, waive any one or more of the conditions imposed by this Bond Purchase Contract for the protection of the Underwriters and proceed with the Closing. 12. NgWicadon by Issuer. During the offering period or for a period of not exceeding sixty (60) days after the Closing, the Issuer will (a) not adopt any amendment of or supplement to the Official Statement to which after having been furnished with a copy, the Underwriters or its counsel shall reasonably object in writing and (b) notify the Underwriters of any matter which shall cause the Official Statement to contain any untrue statement of a material fact or omit to state a material fact that should be stated therein or that is necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading.