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137 <br /> (i) Legislation (whether or not yet introduced in Congress of the <br /> United States("Congress"))shall be enacted or be actively considered for enactment <br /> by the Congress or recommended to the Congress by the President of the United <br /> States or favorably reported for passage to either House of Congress by any <br /> committee of such House, or a conference committee of both Houses, to which such <br /> legislation had been referred for consideration, or a decision by a federal court of <br /> the United States or the United States Tax Court shall be rendered, or an order, <br /> ruling, regulation or official statement by or on behalf of the Treasury Department <br /> of the United States or the Internal Revenue Service or other governmental agency <br /> shall be made or proposed, or a release or official statement made by the President <br /> of the United States or by the Treasury Department of the United States or the <br /> Internal Revenue Service, with respect to federal taxation upon revenues or other <br /> income of the general character to be derived by the County or upon interest <br /> received on obligations of the general character of the Bonds which in the <br /> Underwriters'judgment, materially adversely affects the market for the Bonds; or <br /> (ii) Legislation shall hereafter be enacted or actively considered <br /> for enactment or introduction, with an effective date on or prior to the Closing, or a <br /> decision by a court of the United States shall be rendered or a stop order, ruling, <br /> regulation or proposed regulation by or on behalf of the Securities and Exchange <br /> Commission or other agency having jurisdiction shall be made, to the effect that the <br /> issuance, sale and delivery of the Bonds, or any other obligations of any similar <br /> public body of the general character of the County is in violation of the Securities <br /> Act of 1933, as amended, of the Securities Exchange Act of 1934, as amended, or <br /> of the Trust Indenture Act of 1939, as amended or with the purpose or effect of <br /> otherwise prohibiting the issuance, sale or delivery of the Bonds, as contemplated <br /> hereby, or of obligations of the general character of the Bonds; or <br /> (iii) There shall have occurred any outbreak or escalation of <br /> hostilities or other national or international calamity or crisis, the effect of such <br /> outbreak, calamity or crisis on the financial markets of the United States being such <br /> as, in the Underwriters'judgment, would materially adversely affect the market for, <br /> or market price of, the Bonds; or <br /> (iv) There shall be in force a general suspension of trading on the <br /> New York Stock Exchange or minimum or maximum prices for trading shall have <br /> been fixed and be in force, or maximum ranges for prices for securities shall have <br /> been required and be in force on the New York Stock Exchange whether by virtue <br /> of a determination by that Exchange or by order of the Securities and Exchange <br /> Commission or any other governmental authority having jurisdiction; or <br /> (v) A general banking moratorium shall have been declared by <br /> federal, State or New York authorities having jurisdiction, and be in force, or a <br /> major financial crisis or a material disruption in commercial banking or securities <br /> -11- <br />