Common use of No Advisory or Fiduciary Role Clause in Contracts

No Advisory or Fiduciary Role. The Issuer acknowledges and agrees that: (i) any purchase of, or arrangement for the sale of, the Notes contemplated by this Agreement will be pursuant to an arm’s-length commercial transaction between the Issuer and the Dealer and that the Dealer has financial and other interests that differ from those of the issuer; (ii) the Dealer is not acting as a municipal advisor, financial advisor, or fiduciary to the Issuer and has not assumed any advisory or fiduciary responsibility to the Issuer with respect to any transaction contemplated hereby and the discussions, undertakings and procedures leading thereto (irrespective of whether the Dealer has provided other services or is currently providing other services to the Issuer on other matters); (iii) the only obligations the Dealer has to the Issuer with respect to any transaction contemplated hereby expressly are set forth in this Agreement; and (iv) the Issuer has consulted its own financial and/or municipal, legal, accounting, tax and other advisors, as applicable, to the extent it deems appropriate. If the Issuer would like a municipal advisor in this transaction that has legal fiduciary duties to the Issuer, then the Issuer is free to engage a municipal advisor to serve in that capacity.

No Advisory or Fiduciary Role. The Issuer and the Company each acknowledges and agrees that: (i) any the Underwriter is not acting as a municipal advisor within the meaning of Section 15B of the Exchange Act; (ii) the primary role of the Underwriter, as underwriter, is to purchase ofsecurities, or arrangement for the sale ofresale to investors, the Notes contemplated by this Agreement will be pursuant to in an arm’s-arm’s length commercial transaction between the Issuer and the Dealer Underwriter and that the Dealer Underwriter has financial and other interests that differ from those of the issuerIssuer and the Company; (iiiii) the Dealer Underwriter is acting solely as a principal and is not acting as a municipal advisor, financial advisor, advisor or fiduciary to the Issuer or the Company and has not assumed any advisory or fiduciary responsibility to the Issuer or the Company with respect to any transaction the transactions contemplated hereby and the discussions, undertakings and procedures leading thereto (irrespective of whether the Dealer Underwriter has provided other services or is currently providing other services to the Issuer on other mattersor the Company); (iiiiv) the only obligations the Dealer Underwriter has to the Issuer with respect to any transaction the transactions contemplated hereby expressly are set forth in this Bond Purchase Agreement; and (ivv) the Issuer has and the Company have consulted its their own financial and/or municipal, legal, accounting, tax and other advisors, as applicable, to the extent it deems they have deemed appropriate. If the Issuer would like a municipal advisor in this transaction that has legal fiduciary duties to the Issuer, then the Issuer is free to engage a municipal advisor to serve in that capacity.

No Advisory or Fiduciary Role. The Issuer acknowledges and agrees that: (ia) any the purchase of, or arrangement for and sale of the sale of, the Notes contemplated by this Agreement will be Bonds pursuant to this Purchase Agreement is an arm’s-length commercial transaction between the Issuer and the Dealer and that the Dealer has financial and other interests that differ from those of the issuerUnderwriter; (iib) in connection therewith and with the Dealer discussions, undertakings and procedures leading up to the consummation of such transaction, the Underwriter is and has been acting solely as a principal and is not acting as a municipal advisorthe agent, financial advisor, advisor or fiduciary to of the Issuer and Issuer; (c) the Underwriter has not assumed any an advisory or fiduciary responsibility to in favor of the Issuer with respect to any transaction the offering contemplated hereby and or the discussions, undertakings and procedures leading thereto (irrespective of whether the Dealer Underwriter has provided other services or is currently providing other services to the Issuer on other matters); (iii) and the only obligations the Dealer Underwriter has no obligation to the Issuer with respect to any transaction the offering contemplated hereby except the obligations expressly are set forth in this Purchase Agreement; (d) the Underwriter is not acting as municipal advisor (as defined in Section 15B of the Securities Exchange Act of 1934, as amended); and (ive) the Issuer has consulted its own financial and/or municipal, legal, accounting, tax financial and other advisors, as applicable, advisors to the extent it deems appropriate. If they deemed appropriate in connection with the Issuer would like a municipal advisor in this transaction that has legal fiduciary duties to offering of the Issuer, then the Issuer is free to engage a municipal advisor to serve in that capacityBonds.

No Advisory or Fiduciary Role. The Issuer hereby acknowledges and agrees that: in connection with the purchase and sale of the Series 2022A Bonds under this Bond Purchase Agreement, that (i) any purchase of, or arrangement for the sale of, the Notes transaction contemplated by this Bond Purchase Agreement will be pursuant to is an arm’s-length commercial transaction between the Issuer and the Dealer Underwriter in which the Underwriter is acting solely as a principal and that the Dealer has financial and other interests that differ from those of the issuer; (ii) the Dealer is not acting as a municipal advisor, financial advisor, advisor or fiduciary to the Issuer and Issuer; (ii) the Underwriter has not assumed any advisory or fiduciary responsibility to the Issuer with respect to any transaction the transactions contemplated hereby and the discussions, undertakings and procedures leading thereto (irrespective of whether the Dealer has provided other services or is currently providing other services to the Issuer on other matters)thereto; (iii) the only obligations the Dealer Underwriter has to the Issuer with respect to any the transaction contemplated hereby expressly are set forth in this Bond Purchase Agreement; and (iv) the Issuer has consulted its own financial and/or municipal, legal, accounting, tax tax, and other advisors, as applicable, to the extent it deems has deemed appropriate. If The primary role of the Underwriter is to purchase the Series 2022A Bonds, for resale to investors in an arm’s-length commercial transaction between the Issuer would like a municipal advisor in this transaction and the Underwriter. The Underwriter has financial and other interests that has legal fiduciary duties to differ from those of the Issuer, then the Issuer is free to engage a municipal advisor to serve in that capacity.

No Advisory or Fiduciary Role. The Issuer acknowledges and agrees that: (i) any the primary role of the Underwriter, as an underwriter, is to purchase ofsecurities, or arrangement for the sale ofresale to investors, the Notes contemplated by this Agreement will be pursuant to in an arm’s-arm's length commercial transaction between the Issuer and the Dealer Underwriter, and that the Dealer Underwriter has financial and other interests that differ from those of the issuerIssuer; (ii) the Dealer Underwriter is acting solely as a principal and is not acting as a municipal advisor, financial advisor, advisor or fiduciary to the Issuer and has not assumed any advisory or fiduciary responsibility to the Issuer with respect to any the transaction contemplated hereby hereby, and the discussions, undertakings and procedures leading thereto (irrespective of whether the Dealer Underwriter has provided other services or is currently providing other services to the Issuer on other matters); (iii) the only obligations the Dealer Underwriter has to the Issuer with respect to any the transaction contemplated hereby expressly are set forth in this AgreementContract; and (iv) the Issuer has consulted its own financial and/or municipal, legal, accounting, tax tax, financial and other advisors, as applicable, to the extent it deems has deemed appropriate. If the Issuer would like a municipal advisor in this transaction that has legal fiduciary duties to the Issuer, then the Issuer is free to engage a municipal advisor to serve in that capacity.