Disclosure Counsel Sample Clauses

Disclosure Counsel. The flat fee for services rendered as disclosure counsel will be $35,000 for each bond transaction. Services Not Related to a Debt Transaction Services will be compensated at the listed hourly rate or rate range for attorneys, paralegals, and others working on matters not related to a debt transaction: Timekeeper Classification Hourly Rate or Rate Range Attorney – Partner $ 525 Attorney - Of Counsel $ 475-525 Attorney – Associate $ 475-515 Paralegal $ 225 Travel Rate. The rate for travel time for each attorney traveling for Agency matters will be listed below. An attorney’s travel rate may not exceed half of that attorney’s hourly rate listed above. If a travel rate(s) is not listed below, Outside Counsel may not charge Agency for time spent traveling on Agency matters. Timekeeper Classification Hourly Rate or Rate Range Attorney – Partner $ 262.50 Attorney - Of Counsel $ 237.50 - 262.50 Attorney – Associate $ 237.50 - 262.50 Paralegal $ 112.50 Billing Period. The billing period for services not related to a debt transaction will be monthly.

Disclosure Counsel. Attorneys, in their role as Disclosure Counsel, shall provide legal services in connection with the preparation of the official statement to be used in connection with the offering and sale of the Bonds and a related continuing disclosure agreement. Such services shall include the following:

Disclosure Counsel. The letter of Bond Counsel, in its capacity s Disclosure Counsel, dated the date of the Closing, addressed to the Agency and the Underwriter, to the effect that, based upon its participation in the preparation of the Official Statement and without having undertaken to determine independently the fairness, accuracy or completeness of the statements contained in the Official Statement, such counsel has no reason to believe that, as of the date of the Closing, the Official Statement (excluding therefrom the reports, financial and statistical data and forecasts therein and the information included in the Appendices thereto and the information relating to the Depository Trust Co., as to which no advice need be expressed) contains any untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading.