RES 87418 - Laserfiche WebLink

(i) If between the date of this Contract of Purchase and the date of~ the Closing an event occurs, of which the Lessor has knowledge, which might or would cause the information relating to the Lessor, its functions, duties and responsibilities contained in the Official Statement, as then supplemented or amended, to contain an untrue statement of a material fact or to omit to state a material fact required to be stated therein or necessary to make the information therein, in the light of the circumstances under which it was presented, not misleading, the Lessor will notify the Underwriter, and if in the opinion of the Underwriter, such event requires the preparation and publication of a supplement or amendment to the Official Statement, the Lessor will cooperate with the Underwriter in the preparation of an amendment or supplement to the Official Statement in a form and in a manner approved by the Underwriter, provided all expenses thereby incurred will be paid for by the City. (j) If the information relating to the Lessor, its functions, duties and responsibilities contained in the Official Statement as amended or supplemented pursuant to the immediately preceding subparagraph, at the time of each supplement or amendment thereto and (unless subsequently supplemented or amended pursuant to such subparagraph) at all times subsequent thereto up to and including the date of the Closing, the portions of the Official Statement so supplemented or amended (including any financial and statistical data contained therein) will not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make such information therein, in the light of the circumstances under which it was presented, not misleading. (k) The Lessor covenants that it will not take any action which would cause interest with respect to the Certificates to be subject to federal income taxation. (1) Any certificate signed by any officer of the Lessor and delivered to the Underwriter shall be deemed a representation and warranty of the Lessor to the Underwriter as to the statements made therein but not of the person signing such certificate. 5. At 9:00 a.m., San Francisco time, on October _, 1987, or at such other time or on such earlier or later date as the Trustee, the City, the Lessor and the Underwriter mutually agree upon (the "Closing"), the Trustee will deliver or cause to be delivered to the Underwriter at the offices of Orrick, Herrington & Sutcliffe, San Francisco, California or such other 9 1739030/2