Agenda - 03-02-2006-8bCP - Laserfiche WebLink

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depositing the 2006A Certificates into investment trusts, including investment trusts managed by the Underwriters) and others at prices lower than the initial offering prices or yields set forth in the Final Official Statement. The Underwriters also resei•~=e the right to over-allot or effect transactions which stabilize or maintain the market price of the 2006A Certificates at a level above that which might otherwise prevail in the open market and to discontinue such stabilizing, if commenced, at any time. The Underwriters will provide to Sanford Holshouser LLP, Raleigh, North Carolina {"Special Counsel") and others such evidence of the initial public sale price of the 2046A Certificates as the Company or the County may request and will supplement such information as may be necessary to continue its accuracy. The Undet-~~vriters represent and warrant that the 2446A Certificates will be offered only pursuant to the Preliminary Official Statement (defined below in Section 2) and the Final Official Statement and only in states where the offer and sale of the 2046A Certificates are legal, either as exempt securities, as exempt transactions or as a result of registration of the 2406A Certificates for sale in any such state. The Underwriters have designated Banc of America Securities LLC to act as their representative (the "Representative"), and hereby represents that it as Representative has been duly authorized to execute this Contract of Purchase and to perform other functions, as herein set forth, for and on behalf of the Underwriters. 2. Off cial Statement. (a) The Company agrees to cause the County to deliver to the Underwriters, at such addresses as the Under«--~riters shall specify, as many copies of the final Official Statement dated April 13, 244b relating to the 2006A Certificates (the "Final Official Statement"} as the Underwriters shall reasonably request as necessary to comply with paragraph (b)(4) of Rule 15c2-12 of the Securities and Exchange Commission under the Securities Exchange Act of 1934 (the "Rule'') and with Rule G-32 and all other applicable rules of the Municipal Securities Rulernaking Board. The Company agrees to cause the County to deliver such Final Official Statements within seven business days after the execution hereof. It is understood that, in undertaking to cause the County to deliver Final Official Statements pursuant to this subparagraph (a), neither the Company nor the directors, officers, employees or agents of same are undertaking any responsibility for the accuracy or completeness of the information in the Final Official Statement concerning the County. The Underwriters represent that a copy of the Final Official Statement will be deposited before the "end of the under°tivriting peg°iod," as defined below, with each of the follo«~ing municipal securities information repositories: FT Interactive Data Bloomberg Municipal Repository Attn: NRIvISIR 104 Business Park Drive 144 William Street, 15~' Floor Skillman, NJ 08558 New Y"ork, NY 14438