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<br /> shall be deemed to be the Closing Date(as hereinafter defined),unless the Underwriters shall have notified
<br /> the County to the contrary on or before the Closing Date.
<br /> (q) If the Official Statement is supplemented or amended pursuant to subsection(p)of
<br /> this Section, at the time of each supplement or amendment thereto and (unless subsequently again
<br /> supplemented or amended pursuant to such subsection)at all times subsequent thereto up to and including
<br /> the Closing Date, the County shall take all steps necessary to ensure that the Official Statement as so
<br /> supplemented or amended will not contain any untrue statement of a material fact or omit to state a material
<br /> fact necessary to make the statements therein,in the light of the circumstances under which they were made,
<br /> not misleading.
<br /> (r) The information in the Preliminary Official Statement (excluding therefrom the
<br /> information under the captions "INTRODUCTION—Book-Entry Only" and"UNDERWRITING" and in
<br /> Appendix E, as to which no representations or warranties are made), including its attachments and
<br /> appendices,at the time of acceptance hereof is correct in all material respects,and such Preliminary Official
<br /> Statement does not contain any untrue statement of a material fact or omit to state a material fact required
<br /> to be stated therein or necessary to make the statements made therein, in the light of the circumstances
<br /> under which they were made, not misleading; and the information in the Official Statement (excluding
<br /> therefrom the information under the captions "INTRODUCTION — Book-Entry Only" and
<br /> "UNDERWRITING" and in Appendix E, as to which no representations or warranties are made) as of its
<br /> date and as of the Closing Date, will be true and correct and will not contain any untrue statement of a
<br /> material fact or omit to state a material fact required to be stated therein or necessary to make the statements
<br /> made therein, in the light of the circumstances under which they were made,not misleading.
<br /> (s) Between the date hereof and the Closing, the County shall not, without the prior
<br /> written consent of the Underwriters, offer or issue in any material amount any bonds, notes or other
<br /> obligations for borrowed money, or incur any material liabilities, direct or contingent, except in the course
<br /> of normal business operations of the County or except for such borrowings as may be described in or
<br /> contemplated by the Official Statement.
<br /> (t) Except as described in the Official Statement,during the last five years,the County
<br /> has not failed to materially comply with any previous undertaking relating to continuing disclosure of
<br /> information pursuant to Rule 15c2-12.
<br /> The execution and delivery of this Bond Purchase Agreement by the County shall
<br /> constitute a representation by the County to the Underwriters that the representations, warranties and
<br /> covenants contained in this Section 5 are true as of the date hereof, provided that no officer of the County
<br /> shall be individually liable for the breach of any representation,warranty or covenant made by the County
<br /> in this Section 5.
<br /> (6) Closing. At 10:00 a.m.,Eastern Time, on May [_],2020, or at such other time or date as
<br /> the County and the Underwriters shall mutually agree upon (the "Closing Date"), the County shall (a)
<br /> deliver or cause to be delivered, through the custody of The Depository Trust Company,New York,New
<br /> York("DTC"),or at such place as the County and Underwriters shall mutually agree upon, for the account
<br /> of the Underwriters,the Bonds duly executed by the County in fully registered form,bearing proper CUSIP
<br /> numbers, and registered in the name of Cede & Co., as nominee of DTC, which will act as securities
<br /> depository for the Bonds; and(b) deliver or cause to be delivered, to the Underwriters at Winston-Salem,
<br /> North Carolina, or at such other place as the County and Underwriters may mutually agree upon, the
<br /> documents described in Section 7(d)hereof.Concurrently with the delivery of the Bonds and the documents
<br /> mentioned in Section 7(d)hereof at the Closing,subject to the conditions contained herein,the Underwriters
<br /> will accept such delivery and will pay the purchase price of the Bonds in the amount set forth in Section 1
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