Common use of Amendments to Official Statement Clause in Contracts

Amendments to Official Statement. If, after the date of this Bond Purchase Agreement and until the earlier of (a) ninety (90) days after the “end of the underwriting period” (as defined in the Rule) or (b) the time when the Official Statement is available to any person from a nationally recognized municipal securities information repository, but in no case less than twenty-five (25) days following the end of the underwriting period, an event relating to or affecting the City shall occur, or come to the attention of the City, the City shall promptly notify the Underwriter and, if as a result of such event, it is necessary, in the opinion of Bond Counsel or the Underwriter, to amend or supplement the Official Statement in order to make the Official Statement not misleading in light of the circumstances then existing, the City will forthwith prepare and furnish to the Underwriter a reasonable number of copies of an amendment of or supplement to the Official Statement (in form and substance satisfactory to the Underwriter) which will amend or supplement the Official Statement so that it will not contain an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made therein not misleading. The expenses of preparing such amendment or supplement shall be borne by the City. Thereafter, all references to and representations regarding the Official Statement contained herein shall refer to or regard the Official Statement as so amended or supplemented. For the purpose of this Section, the City will furnish to the Underwriter such information with respect to the City as the Underwriter may from time to time reasonably request. If notification is given by the City, or such information comes to the attention of the Underwriter, after the date of Closing, the City shall furnish, or cause to be furnished, such additional legal opinions, certificates, instruments and other documents as the Underwriter may reasonably deem necessary to evidence the truth and accuracy of any such supplement or amendment to the Official Statement.

Appears in 2 contracts

Samples: Bond Purchase Agreement, Bond Purchase Agreement

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Amendments to Official Statement. IfEach of the Board and the City covenants to promptly notify the Underwriter if, after during the period from the date of this Bond Purchase Agreement hereof to and until including the earlier of (a) ninety (90) days after the “end of the underwriting period” (as defined in the Rule) or (b) the time when the Official Statement date which is available to any person from a nationally recognized municipal securities information repository, but in no case less than twenty-twenty- five (25) days following the end End of the underwriting periodUnderwriting Period (the “Update Period”), an any event relating to or affecting the City shall occur, or information come to the attention of the Board (only with respect to the information within the Board Covered Sections) or the City, the City shall promptly notify the Underwriter andas applicable, if as a result of such eventthat is reasonably likely to cause, it is necessaryor would cause, in the opinion of Bond Counsel or the Underwriter, to amend or supplement the Official Statement in order to make the Official Statement not misleading in light of the circumstances then existing, the City will forthwith prepare and furnish to the Underwriter a reasonable number of copies of an amendment of or supplement to the Official Statement (in form whether or not previously supplemented or amended) to cease to be true and substance satisfactory correct or to the Underwriter) which will amend or supplement the Official Statement so that it will not contain an contain, any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made therein therein, in the light of the circumstances under which they were made, not misleading. The expenses , and if in the opinion of preparing the Underwriter such event requires the preparation and distribution of a supplement or amendment or supplement shall be borne by the City. Thereafter, all references to and representations regarding the Official Statement contained herein shall refer Statement, to or regard the Official Statement as so amended or supplemented. For the purpose of this Section, the City will prepare and furnish to the Underwriter Underwriter, at the City’s expense, such information number of copies of the supplement or amendment to the Official Statement, in form and substance mutually agreed upon by the Board (only with respect to the information within the Board Covered Sections) and the City and approved by the Underwriter, as the Underwriter may from time to time reasonably request. If request and if such notification is shall be given by the City, or such information comes subsequent to the attention of the Underwriter, after the date of Closing, the City shall furnish, or cause to be furnishedClosing Date, such additional legal opinions, certificates, instruments instruments, and other documents as the Underwriter may reasonably deem necessary to evidence the truth and accuracy of any such supplement or amendment to the Official Statement.

Appears in 1 contract

Samples: Supplemental Financing Agreement

Amendments to Official Statement. If, During the period ending on the 25th day after the date of this Bond Purchase Agreement and until the earlier of (a) ninety (90) days after the “end End of the underwriting period” Underwriting Period (or such other period as defined in may be agreed to by the RuleDistrict and the Underwriter), the District (i) shall not supplement or (b) the time when amend the Official Statement is available or cause the Official Statement to any person from a nationally recognized municipal securities information repository, but in no case less than twenty-five (25) days following be supplemented or amended without the end prior written consent of the underwriting period, an Underwriter and (ii) shall notify the Underwriter promptly if any event relating to or affecting the City shall occur, or come information comes to the attention of the CityDistrict, the City shall promptly notify the Underwriter and, if as a result of such event, it that is necessary, in the opinion of Bond Counsel or the Underwriter, reasonably likely to amend or supplement the Official Statement in order to make the Official Statement not misleading in light of the circumstances then existing, the City will forthwith prepare and furnish to the Underwriter a reasonable number of copies of an amendment of or supplement to cause the Official Statement (in form and substance satisfactory whether or not previously supplemented or amended) to the Underwriter) which will amend or supplement the Official Statement so that it will not contain an any untrue statement of a material fact or to omit to state a material fact required to be stated therein or necessary in order to make the statements made therein therein, in the light of the circumstances under which they were made, not misleading. The expenses If, in the opinion of preparing the Underwriter, such event requires the preparation and distribution of a supplement or amendment or supplement shall be borne by the City. Thereafter, all references to and representations regarding the Official Statement contained herein shall refer to or regard the Official Statement as so amended or supplemented. For the purpose of this SectionStatement, the City will District shall prepare and furnish to the Underwriter Underwriter, at the District’s expense, such information with respect number of copies of the supplement or amendment to the City Official Statement, in form and substance mutually agreed upon by the District and the Underwriter, as the Underwriter may from time to time reasonably request. If such notification is shall be given by the City, or such information comes subsequent to the attention of the Underwriter, after the date of Closing, the City District also shall furnish, or cause to be furnished, at its own expense, such additional legal opinions, certificates, instruments and other documents as the Underwriter may reasonably deem necessary to evidence the truth and accuracy of any such supplement or amendment to the Official Statement. The District shall promptly advise the Underwriter of the commencement of any action, suit, proceeding, inquiry or investigation seeking to prohibit, restrain or otherwise affect the use of the Official Statement in connection with the offering, sale or distribution of the Bonds. For purposes of this Purchase Contract, the “End of the Underwriting Period” is used as defined in the Rule and shall occur on the later of (A) the date of Closing or (B) when the Underwriter no longer retains an unsold balance of the Bonds; unless otherwise advised in writing by the Underwriter on or prior to the date of Closing, or otherwise agreed to by the District and the Underwriter, the District may assume that the End of the Underwriting Period is the date of Closing.

Appears in 1 contract

Samples: go.boarddocs.com

Amendments to Official Statement. If, During the period ending on the 25th day after the date of this Bond Purchase Agreement and until the earlier of (a) ninety (90) days after the “end End of the underwriting period” Underwriting Period (or such other period as defined in may be agreed to by the RuleDistrict and the Underwriter), the District (i) shall not supplement or (b) the time when amend the Official Statement is available or cause the Official Statement to any person from a nationally recognized municipal securities information repository, but in no case less than twenty-five (25) days following be supplemented or amended without the end prior written consent of the underwriting period, an Underwriter and (ii) shall notify the Underwriter promptly if any event relating to or affecting the City shall occur, or come information comes to the attention of the CityDistrict, the City shall promptly notify the Underwriter and, if as a result of such event, it that is necessary, in the opinion of Bond Counsel or the Underwriter, reasonably likely to amend or supplement the Official Statement in order to make the Official Statement not misleading in light of the circumstances then existing, the City will forthwith prepare and furnish to the Underwriter a reasonable number of copies of an amendment of or supplement to cause the Official Statement (in form and substance satisfactory whether or not previously supplemented or amended) to the Underwriter) which will amend or supplement the Official Statement so that it will not contain an any untrue statement of a material fact or to omit to state a material fact required to be stated therein or necessary in order to make the statements made therein therein, in the light of the circumstances under which they were made, not misleading. The expenses If, in the opinion of preparing the District or the Underwriter, such event requires the preparation and distribution of a supplement or amendment or supplement shall be borne by the City. Thereafter, all references to and representations regarding the Official Statement contained herein shall refer to or regard the Official Statement as so amended or supplemented. For the purpose of this SectionStatement, the City will District shall prepare and furnish to the Underwriter Underwriter, at the District’s expense, such information with respect number of copies of the supplement or amendment to the City Official Statement, in form and substance mutually agreed upon by the District and the Underwriter, as the Underwriter may from time to time reasonably request. If such notification is shall be given by the City, or such information comes subsequent to the attention of the Underwriter, after the date of Closing, the City District also shall furnish, or cause to be furnished, at its own expense, such additional legal opinions, certificates, instruments and other documents as the Underwriter may reasonably deem necessary to evidence the truth and accuracy of any such supplement or amendment to the Official Statement. For purposes of this Purchase Contract, the “End of the Underwriting Period” is used as defined in the Rule and shall occur on the later of (A) the date of Closing or (B) when the Underwriter no longer retain an unsold balance of the Bonds; unless otherwise advised in writing by the Underwriter on or prior to the Closing, or otherwise agreed to by the District and the Underwriter, the District may assume that the End of the Underwriting Period is the Closing.

Appears in 1 contract

Samples: legistarweb-production.s3.amazonaws.com

Amendments to Official Statement. If, after the date of this Bond Purchase Agreement and until the earlier of (a) ninety (90) days after the “end of the underwriting period” (as defined in the Rule) or (b) the time when the Official Statement is available to any person from a nationally recognized municipal securities information repository, but in no case less than twenty-five (25) days following the end of the underwriting period, an event relating to or affecting the City District shall occur, or come to the attention of the CityDistrict, the City District shall promptly notify the Underwriter and, if as a result of such event, it is necessary, in the opinion of Bond Counsel or the Underwriter, to amend or supplement the Official Statement in order to make the Official Statement not misleading in the light of the circumstances then existing, the City District will forthwith prepare and furnish to the Underwriter a reasonable number of copies of an amendment of or supplement to the Official Statement (in form and substance satisfactory to the Underwriter) which will amend or supplement the Official Statement so that it will not contain an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made therein not misleading. The expenses of preparing such amendment or supplement shall be borne by the CityDistrict. Thereafter, all references to and representations regarding the Official Statement contained herein shall refer to or regard the Official Statement as so amended or supplemented. For the purpose of this Section, the City District will furnish to the Underwriter such information with respect to the City District as the Underwriter may from time to time reasonably request. If notification is given by the CityDistrict, or such information comes to the attention of the Underwriter, after the date of ClosingClosing Date, the City District shall furnish, or cause to be furnished, such additional legal opinions, certificates, instruments and other documents as the Underwriter may reasonably deem necessary to evidence the truth and accuracy of any such supplement or amendment to the Official Statement.

Appears in 1 contract

Samples: Bond Purchase Agreement

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Amendments to Official Statement. If, During the period ending on the 25th day after the date of this Bond Purchase Agreement and until the earlier of (a) ninety (90) days after the “end End of the underwriting period” Underwriting Period (or such other period as defined in may be agreed to by the RuleDistrict and the Underwriter), the District (i) shall not supplement or (b) the time when amend the Official Statement is available or cause the Official Statement to any person from a nationally recognized municipal securities information repository, but in no case less than twenty-five (25) days following be supplemented or amended without the end prior written consent of the underwriting period, an Underwriter and (ii) shall notify the Underwriter promptly if any event relating to or affecting the City shall occur, or come information comes to the attention of the CityDistrict, that is reasonably likely to cause the City shall promptly notify Official Statement (whether or not previously supplemented or amended) to contain any untrue statement of a material fact or to omit to state a material fact necessary to make the Underwriter andstatements therein, if as a result in the light of such eventthe circumstances under which they were made, it is necessarynot misleading. If, in the opinion of Bond Counsel or the Underwriter, such event requires the preparation and distribution of a supplement or amendment to amend or supplement the Official Statement in order to make the Official Statement not misleading in light of the circumstances then existingStatement, the City will forthwith District, at its own expense, shall prepare and furnish to the Underwriter a reasonable such number of copies of an the supplement or amendment of or supplement to the Official Statement (Statement, in form and substance satisfactory to mutually agreed upon by the District and the Underwriter) which will amend or supplement , as the Underwriter may reasonably request. The Official Statement as so that it supplemented or amended will not contain an any untrue statement of a material fact or omit to state a any material fact required to be stated therein or necessary in order to make the statements made therein therein, in light of the circumstances under which made, not misleading. The expenses of preparing If such amendment or supplement notification shall be borne by the City. Thereafter, all references to and representations regarding the Official Statement contained herein shall refer to or regard the Official Statement as so amended or supplemented. For the purpose of this Section, the City will furnish given subsequent to the Underwriter such information with respect to the City as the Underwriter may from time to time reasonably request. If notification is given by the City, or such information comes to the attention of the Underwriter, after the date of Closing, the City District also shall furnish, or cause to be furnished, at its own expense, such additional legal opinions, certificates, instruments and other documents as the Underwriter may reasonably deem necessary to evidence the truth and accuracy of any such supplement or amendment to the Official Statement. For purposes of this Agreement, the “End of the Underwriting Period” is used as defined in the Rule and shall occur on the later of (A) the date of Closing or (B) when the Underwriter no longer retains an unsold balance of the Bonds; unless otherwise advised in writing by the Underwriter on or prior to the Closing, or otherwise agreed to by the District and the Underwriter, the District may assume that the End of the Underwriting Period is the Closing.

Appears in 1 contract

Samples: Desert Community College District

Amendments to Official Statement. If, During the period ending on the 25th day after the date of this Bond Purchase Agreement and until the earlier of (a) ninety (90) days after the “end End of the underwriting period” Underwriting Period (or such other period as defined in may be agreed to by the RuleDistrict and the Representative), the District (i) shall not supplement or (b) the time when amend the Official Statement is available or cause the Official Statement to any person from a nationally recognized municipal securities information repository, but in no case less than twenty-five (25) days following be supplemented or amended without the end prior written consent of the underwriting period, an Representative and (ii) shall notify the Underwriters promptly if any event relating to or affecting the City shall occur, or come information comes to the attention of the CityDistrict, the City shall promptly notify the Underwriter and, if as a result of such event, it that is necessary, in the opinion of Bond Counsel or the Underwriter, reasonably likely to amend or supplement the Official Statement in order to make the Official Statement not misleading in light of the circumstances then existing, the City will forthwith prepare and furnish to the Underwriter a reasonable number of copies of an amendment of or supplement to cause the Official Statement (in form and substance satisfactory whether or not previously supplemented or amended) to the Underwriter) which will amend or supplement the Official Statement so that it will not contain an any untrue statement of a material fact or to omit to state a material fact required to be stated therein or necessary in order to make the statements made therein therein, in the light of the circumstances under which they were made, not misleading. The expenses If, in the opinion of preparing the Representative, such event requires the preparation and distribution of a supplement or amendment or supplement shall be borne by the City. Thereafter, all references to and representations regarding the Official Statement contained herein shall refer to or regard the Official Statement as so amended or supplemented. For the purpose of this SectionStatement, the City will District shall prepare and furnish to the Underwriter Underwriters, at the District’s expense, such information with respect number of copies of the supplement or amendment to the City Official Statement, in form and substance mutually agreed upon by the District and the Representative, as the Underwriter Representative may from time to time reasonably request. If such notification is shall be given by the City, or such information comes subsequent to the attention of the Underwriter, after the date of Closing, the City District also shall furnish, or cause to be furnished, at its own expense, such additional legal opinions, certificates, instruments and other documents as the Underwriter Representative may reasonably deem necessary to evidence the truth and accuracy of any such supplement or amendment to the Official Statement. For purposes of this Purchase Contract, the “End of the Underwriting Period” is used as defined in the Rule and shall occur on the later of (A) the date of Closing or (B) when the Underwriters no longer retains an unsold balance of the Bonds; unless otherwise advised in writing by the Representative on or prior to the date of Closing, or otherwise agreed to by the District and the Representative, the District may assume that the End of the Underwriting Period is the date of Closing.

Appears in 1 contract

Samples: www.clpccd.org

Amendments to Official Statement. If, During the period ending on the 25th day after the date of this Bond Purchase Agreement and until the earlier of (a) ninety (90) days after the “end End of the underwriting period” Underwriting Period (as defined in herein) (or such other period as may be agreed to by the RuleDistrict and the Representative), the District (i) shall not supplement or (b) the time when amend the Official Statement is available or cause the Official Statement to any person from a nationally recognized municipal securities information repository, but in no case less than twenty-five (25) days following be supplemented or amended without the end prior written consent of the underwriting period, an Representative and (ii) shall notify the Representative promptly if any event relating to or affecting the City shall occur, or come information comes to the attention of the CityDistrict, that is reasonably likely to cause the City shall promptly notify Official Statement (whether or not previously supplemented or amended) to contain any untrue statement of a material fact or to omit to state a material fact necessary to make the Underwriter andstatements therein, if as a result in the light of such eventthe circumstances under which they were made, it is necessarynot misleading. If, in the opinion of Bond Counsel the Representative, such event requires the preparation and distribution of a supplement or the Underwriter, amendment to amend or supplement the Official Statement in order to make the Official Statement not misleading in light of the circumstances then existingStatement, the City will forthwith District shall prepare and furnish to the Underwriter a reasonable Underwriters, at the District’s expense, such number of copies of an the supplement or amendment of or supplement to the Official Statement (Statement, in form and substance satisfactory to mutually agreed upon by the Underwriter) which will amend or supplement District and the Representative, as the Underwriters may reasonably request. If the Official Statement so that it is supplemented or amended, the supplement will not contain an untrue statement of a material fact or omit to state a any material fact required to be stated therein or necessary in order to make the statements made therein not therein, in light of the circumstances under which they are made, ot misleading. The expenses of preparing If such amendment or supplement notification shall be borne by the City. Thereafter, all references to and representations regarding the Official Statement contained herein shall refer to or regard the Official Statement as so amended or supplemented. For the purpose of this Section, the City will furnish given subsequent to the Underwriter such information with respect to the City as the Underwriter may from time to time reasonably request. If notification is given by the City, or such information comes to the attention of the Underwriter, after the date of Closing, the City District also shall furnish, or cause to be furnished, at its own expense, such additional legal opinions, certificates, instruments and other documents as the Underwriter Representative may reasonably deem necessary to evidence the truth and accuracy of any such supplement or amendment to the Official Statement.

Appears in 1 contract

Samples: Purchase Contract

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