Common use of Other Municipal Advisor or Underwriting Relationships Clause in Contracts

Other Municipal Advisor or Underwriting Relationships. Municipal Advisor serves a wide variety of other clients that may from time to time have interests that could have a direct or indirect impact on the interests of Issuer. For example, Municipal Advisor serves as municipal advisor to other municipal advisory clients and in such cases, owes a regulatory duty to such other clients just as it does to Issuer under this Agreement. These other clients may, from time to time and depending on the specific circumstances, have competing interests such as accessing the new issue market with the most advantageous timing and with limited competition at the time of the offering. In acting in the interests of its various clients, Municipal Advisor could potentially face a conflict of interest arising from these competing client interests. In other cases as a broker-dealer that engages in underwritings of new issuances of municipal securities by other municipal entities, the interests of Municipal Advisor to achieve a successful and profitable underwriting for its municipal entity underwriting clients could potentially constitute a conflict of interest if, as in the example above, the municipal entities that Municipal Advisor serves as underwriter or municipal advisor have competing interests in seeking to access the new issue market with the most advantageous timing and with limited competition at the time of the offering. None of these other engagements or relationships would impair Municipal Advisor’s ability to fulfill its regulatory duties to Issuer.

Other Municipal Advisor or Underwriting Relationships. Municipal Advisor The Firm serves a wide variety of other clients that may from time to time have interests that could have a direct or indirect impact on the interests of IssuerClient. For example, Municipal Advisor the Firm serves as municipal advisor to other municipal advisory clients and and, in such cases, owes a regulatory duty to such other clients just as it does to Issuer under this AgreementClient. These other clients may, from time to time and depending on the specific circumstances, have competing interests interests, such as accessing the new issue market with the most advantageous timing and with limited competition at the time of the offering. In acting in the interests of its various clients, Municipal Advisor the Firm could potentially face a conflict of interest arising from these competing client interests. In other cases cases, as a broker-dealer that engages in underwritings of new issuances of municipal securities by other municipal entities, the interests of Municipal Advisor the Firm to achieve a successful and profitable underwriting for its municipal entity underwriting clients could potentially constitute a conflict of interest if, as in the example above, the municipal entities that Municipal Advisor the Firm serves as underwriter or municipal advisor have competing interests in seeking to access the new issue market with the most advantageous timing and with limited competition at the time of the offering. None of these other engagements or relationships would impair Municipal Advisorthe Firm’s ability to fulfill its regulatory duties to IssuerClient.

Other Municipal Advisor or Underwriting Relationships. Municipal Advisor Xxxxxxxx serves a wide variety of other clients that may from time to time have interests that could have a direct or indirect impact on the interests of Issuerthe District. For example, Municipal Advisor Xxxxxxxx serves as municipal advisor to other municipal advisory clients and entities and, in such cases, owes a regulatory fiduciary duty to such other clients just as it does to Issuer the District under this Agreement. These other clients may, from time to time and depending on the specific circumstances, have competing interests interests, such as accessing the new issue market with the most advantageous timing and with limited competition at the time of the offering. In acting in the interests of its various clients, Municipal Advisor Xxxxxxxx could potentially face a conflict of interest arising from these competing client interests. In other cases cases, as a broker-dealer that engages in underwritings of new issuances of municipal securities by other municipal entities, the interests of Municipal Advisor Xxxxxxxx to achieve a successful and profitable underwriting for its municipal entity underwriting clients could potentially constitute a conflict of interest if, as in the example above, the municipal entities that Municipal Advisor Xxxxxxxx serves as underwriter or municipal advisor have competing interests in seeking to access the new issue market with the most advantageous timing and with limited competition at the time of the offering. None of these other engagements or relationships would impair Municipal Advisor’s Xxxxxxxx’ ability to fulfill its regulatory duties fiduciary duty to Issuerthe District.

Other Municipal Advisor or Underwriting Relationships. Municipal Advisor serves a wide variety of other clients that may from time to time have interests that could have a direct or indirect impact on the interests of IssuerClient. For example, Municipal Advisor serves as municipal advisor to other municipal advisory clients and and, in such cases, owes a regulatory duty to such other clients just as it does to Issuer Client under this Agreement. These other clients may, from time to time and depending on the specific circumstances, have competing interests interests, such as accessing the new issue market with the most advantageous timing and with limited competition at the time of the offering. In acting in the interests of its various clients, Municipal Advisor could potentially face a conflict of interest arising from these competing client interests. In other cases (such as a broker-dealer that engages in underwritings of new issuances of municipal securities by other municipal entities), the interests of Municipal Advisor to achieve a successful and profitable underwriting for its municipal entity underwriting clients could potentially constitute a conflict of interest if, as in the example above, the municipal entities that Municipal Advisor serves as underwriter or municipal advisor have competing interests in seeking to access the new issue market with the most advantageous timing and with limited competition at the time of the offering. None of these other engagements or relationships would impair Municipal Advisor’s ability to fulfill its regulatory duties to IssuerClient.