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Purchase Contract and otherwise have the meanings defined for such terms in the ~si~g-~ <br />~Agreement " " <br />~ , <br />a~ ~s~eo-~t~x'~"-~ ~~a :~~"'. <br />1. Purchase Sale and Deliverv of the Certificates. Upon the terms and conditions and upon <br />the basis of the representations and warranties hereinafter set forth, the ~~Underwriters <br />hereby agrees to purchase from the Trustee (actin¢ at the direction and for the benefit of the Countv <br />and in accordance with the terms of the Agreement) ~e~-for reoffering to the public, and the <br />~Trustee hereby agrees to sell and deliver to the ~~~v~te~Undeiwriters for such purpose, <br />all (but not less than all) of the $22,000,000 aggregate principal amount of the ~Certificates <br />of Participation (Courthouse Square Project) 1998 Series A(the ""1998 Certificates"") evidencin~, <br />.~;rA..+ frartinna~ ,,,,~;.,;~P~ interectc nf the (~wner~ there~f in the 1998 Financin~ Pavments to be' <br />ber 1, 1998, <br />and will evidence: (a) principal components of the 1998 Financin~Pavments in <br />the <br />•>> ~ • +- + ~. +~ • a • * *~ • *~~ ~ ^~ ~• *'~~ ~ ~~ shown on E~chibit A <br />~cvrvoc ::vrrra:v:x aacv ac crtv :acv vi iaco t, r`~ <br />heret , . > > • <br />The interest components of the 1998 Financin~yments evidenced bv the 1998 Certificates will <br />arrnia ~,,,,, T~Premher 1 199R anc~ he navahle semiannuallv on June 1 and December 1 of each <br />l. 1998. <br />evidenced by the 1998 Certificates will be subject to ~t~rnrepayment prior to their stated <br />due dates °~'~°a~~'°a ~~°~,~~t=L_as described on Exhibit A hereto and in Section 204 of the <br />Agreement. The 1998 Certificates will be as further described in the Official Statement (as <br />hereinafter defined). The purchase price for the 1998 Certificates will be $ <br />(reflecting an original issue (premium) (discount) of $_ and an underwriting discount <br />of $ ) plus interest accrued on the 1998 Certificates from the date of the 1998 ~ <br />Certificates to the date of the Closing (as hereinafter defined) and will be payable in immediately <br />available funds. <br />The 1998 Certificates shall be substantially in the form described in, shall be issued andI <br />secured under the provisions of, and shall be payable as provided in Resolution No. <br />authorizing the A~reement and the 1998 Certificates adopted by the County's Board ofl <br />Commissioners on November , 1998, (the "Resolution") and in the Agreement. The <br />1998 Certificates are authorized to be issued pursuant to the Reselution and the Agreement. The ( <br />1998 Certificates will be secured by and payable from the "Security," including the "Mortgage," as <br />such terms are defined in the Agreement. <br />The proceeds from the sale of the 1998 Certificates will be used (i) to finance i~a portion <br />of the County's Share of the costs of the Courthouse Square Project, as such term is defined in the <br />Agreement and in the Preliminary Official Statement for the 1998 Certificates under the caption <br />" ", (ii) to pay the premium for insurance to be provided by (the <br />"Insurer") and (ii) to pay the costs of issuance of the 1998 Certificates and related expenses. <br />, <br />~ <br />-G- J 1KEt\Pru-Bache\Marion County\BPA doc <br />