Common use of Establishment of Issue Price Clause in Contracts

Establishment of Issue Price. In accordance with Section VI, you agree to assist in establishing the issue price of the Securities in order to permit us to make, on behalf of the Underwriters participating in the Account, any required issue price certifications to the Issuer and bond counsel with respect to the Securities. Upon request, you agree to provide certifications as to matters relating to the establishment of the issue price of the Securities to the Issuer, bond counsel and us. You further agree to promptly notify us of (i) any sales of Securities that, to your knowledge, are made to a purchaser who is a related party to an underwriter participating in the initial sale of the Securities to the public (such terms are used as defined in Section VI) and (ii) any failure on your part, or, to your knowledge, on the part of any participant in a third-party distribution network that you have established, to comply with the requirements for establishing issue price of the Securities as set forth in Section VI below.