Common use of Purchase, Sale and Closing Clause in Contracts

Purchase, Sale and Closing. On the terms and conditions herein set forth, the Underwriter will buy from the Authority, and the Authority will sell to the Underwriter, all (but not less than all) of the Bonds at a purchase price equal to $24,750,000 consisting of the aggregate principal amount of the Bonds ($25,000,000), less an underwriters' discount of $250,000, plus accrued interest. Payment shall be made in immediately available funds to the Trustee for the account of the Authority. Closing (the "Closing") will be at the offices of Eckert, Seamans, Xxxxxx & Xxxxxxx, LLC, bond counsel, at 10:00 a.m., Eastern Daylight Time, on June 5, 2002 or at such other date, time or place or in such other manner as may be agreed on by the parties hereto. The Bonds will be delivered as fully registered Bonds with one Bond for each maturity, each in the aggregate principal amount of Bonds for each such maturity as requested in the name of Cede & Co., as nominee for The Depository Trust Company ("DTC"), with CUSIP numbers printed thereon, and shall conform in all respects to DTC's Book-Entry-Only System. Delivery of the Bonds will be made at the office of DTC in New York, New York, unless DTC's "FAST" program is employed, in which case the delivery of the Bonds will be made at the offices of Xxxxxx Xxxxxxx Xxxxxx & Xxxxxxx, LLC, bond counsel (or such other location as is acceptable to the Underwriter). If the Underwriter so requests, the Bonds shall be made available to the Underwriter (prior to their delivery to DTC) in Philadelphia, Pennsylvania at least three full business day before the Closing for purposes of inspection. The Underwriter agrees to make a bona fide public offering of the Bonds at the initial offering prices or yields set forth in the Official Statement; provided, however, that the Underwriter reserves the right (and the Authority and the Company hereby expressly acknowledge such right): (i) to make concessions to dealers; (ii) to effect transactions that stabilize or maintain the market price of the Bonds above that which might otherwise prevail in the open market and to discontinue at any time such stabilizing transactions; and (iii) to change such initial offering prices, all as the Underwriter shall deem necessary in connection with the marketing of the Bonds.

Purchase, Sale and Closing. On the terms and conditions herein set forth, the Underwriter will buy from the Authority, and the Authority will sell to the Underwriter, all (but not less than all) of the Bonds at a purchase price equal to $24,750,000 consisting of 49,253,532.90, which is equal to the $49,660,000.00, aggregate principal amount of the Bonds (Bonds, plus original issue premium of $25,000,000)338,432.90, less an underwriters' the underwriting discount of $250,000, plus accrued interest744,900.00. Payment for the Bonds shall be made in immediately available funds to the Trustee for the account of the Authority. Closing (the "“Closing"”) will be at the offices of EckertBxxxxxx Xxxxx Xxxxxxx & Ixxxxxxxx, SeamansLLP, Xxxxxx & XxxxxxxPhiladelphia, LLC, bond counselPennsylvania (“Bond Counsel”), at 10:00 a.m., Eastern Daylight Standard Time, on June 5December 20, 2002 2007 or at such other date, time or place or in such other manner as may be agreed on by the parties hereto. The Bonds will be delivered as fully registered Bonds with one Bond for each maturity, each bonds in the aggregate principal amount of Bonds for each such maturity as requested $49,660,000 in the name of Cede & Co., as nominee for The Depository Trust Company ("“DTC"”), with CUSIP numbers printed thereon, and shall conform in all respects to DTC's ’s Book-Entry-Entry Only System. Delivery of the Bonds to DTC will be made at the office of DTC in New York, New York, unless DTC's "FAST" program is employed, in which case the delivery of by delivering the Bonds will be made at the offices of Xxxxxx Xxxxxxx Xxxxxx & Xxxxxxx, LLC, bond counsel (or such other location as is acceptable to the Underwriter)Trustee utilizing the DTC FAST system. If the Underwriter so requests, the Bonds shall be made available to the Underwriter (prior to their delivery to DTC) in Philadelphia, Pennsylvania at least three full business day days before the Closing for purposes of inspection. The Underwriter agrees to make a bona fide public offering of the Bonds at the initial offering prices or yields set forth in the Official Statement; provided, however, that the Underwriter reserves the right (and the Authority and the Company hereby expressly acknowledge such right): (i) to make concessions to dealers; (ii) to effect transactions that stabilize or maintain the market price of the Bonds above that which might otherwise prevail in the open market and to discontinue at any time such stabilizing transactions; and (iii) to change such initial offering prices, all as the Underwriter shall deem necessary in connection with the marketing of the Bonds.

Purchase, Sale and Closing. On the terms and conditions herein set forth, the Underwriter will buy from the Authority, and the Authority will sell to the Underwriter, all (but not less than all) of the Bonds at a purchase price equal to $24,750,000 consisting of 21,490,630, which is equal to the $22,000,000, aggregate principal amount of the Bonds ($25,000,000)Bonds, less an underwriters' original issue discount of $250,000179,370, plus accrued interestless the underwriting discount of $330,000. Payment for the Bonds shall be made in immediately available funds to the Trustee for the account of the Authority. Closing (the "“Closing"”) will be at the offices of EckertXxxxxxx Xxxxx Xxxxxxx & Xxxxxxxxx, SeamansLLP, Xxxxxx & XxxxxxxPhiladelphia, LLC, bond counselPennsylvania (“Bond Counsel”), at 10:00 a.m., Eastern Daylight Standard Time, on June 5December 18, 2002 2008 or at such other date, time or place or in such other manner as may be agreed on by the parties hereto. The Bonds will be delivered as fully registered Bonds with one Bond for each maturity, each bonds in the aggregate principal amount of Bonds for each such maturity as requested $22,000,000 in the name of Cede & Co., as nominee for The Depository Trust Company ("“DTC"”), with CUSIP numbers printed thereon, and shall conform in all respects to DTC's ’s Book-Entry-Entry Only System. Delivery of the Bonds to DTC will be made at the office of DTC in New York, New York, unless DTC's "FAST" program is employed, in which case the delivery of by delivering the Bonds will be made at the offices of Xxxxxx Xxxxxxx Xxxxxx & Xxxxxxx, LLC, bond counsel (or such other location as is acceptable to the Underwriter)Trustee utilizing the DTC FAST system. If the Underwriter so requests, the Bonds shall be made available to the Underwriter (prior to their delivery to DTC) in Philadelphia, Pennsylvania at least three full business day days before the Closing for purposes of inspection. The Underwriter agrees to make a bona fide public offering of the Bonds at the initial offering prices or yields set forth in the Official Statement; provided, however, that the Underwriter reserves the right (and the Authority and the Company hereby expressly acknowledge such right): (i) to make concessions to dealers; (ii) to effect transactions that stabilize or maintain the market price of the Bonds above that which might otherwise prevail in the open market and to discontinue at any time such stabilizing transactions; and (iii) to change such initial offering prices, all as the Underwriter shall deem necessary in connection with the marketing of the Bonds.

Purchase, Sale and Closing. On the terms and conditions herein set forth, the Underwriter will buy from the Authority, and the Authority will sell to the Underwriter, all (but not less than all) of the Bonds at a purchase price equal to $24,750,000 consisting of 49,282,118.80, which is equal to the $47,830,000.00 aggregate principal amount of the Bonds (Bonds, plus original issue premium of $25,000,000), 2,169,568.80 less an underwriters' the underwriting discount of $250,000, plus accrued interest717,450.00. Payment for the Bonds shall be made in immediately available funds to the Trustee for the account of the Authority. Closing (the "“Closing"”) will be at the offices of EckertBxxxxxx Xxxxx Xxxxxxx & Ixxxxxxxx, SeamansLLP, Xxxxxx & XxxxxxxPhiladelphia, LLCPennsylvania, bond counsel, at 10:00 a.m., Eastern Daylight Time, on June 5January 16, 2002 2007 or at such other date, time or place or in such other manner as may be agreed on by the parties hereto. The Bonds will be delivered as fully registered Bonds with one Bond for each maturity, each bonds in the aggregate principal amount of Bonds for each such maturity as requested $47,830,000 in the name of Cede & Co., as nominee for The Depository Trust Company ("“DTC"”), with CUSIP numbers printed thereon, and shall conform in all respects to DTC's ’s Book-Entry-Entry Only System. Delivery of the Bonds to DTC will be made at the office of DTC in New York, New York, unless DTC's "FAST" program is employed, in which case the delivery of by delivering the Bonds will be made at the offices of Xxxxxx Xxxxxxx Xxxxxx & Xxxxxxx, LLC, bond counsel (or such other location as is acceptable to the Underwriter)Trustee utilizing the DTC FAST system. If the Underwriter so requests, the Bonds shall be made available to the Underwriter (prior to their delivery to DTC) in Philadelphia, Pennsylvania at least three full business day days before the Closing for purposes of inspection. The Underwriter agrees to make a bona fide public offering of the Bonds at the initial offering prices or yields set forth in the Official Statement; provided, however, that the Underwriter reserves the right (and the Authority and the Company hereby expressly acknowledge such right): (i) to make concessions to dealers; (ii) to effect transactions that stabilize or maintain the market price of the Bonds above that which might otherwise prevail in the open market and to discontinue at any time such stabilizing transactions; and (iii) to change such initial offering prices, all as the Underwriter shall deem necessary in connection with the marketing of the Bonds.

Purchase, Sale and Closing. On the terms and conditions herein set forth, the Underwriter Underwriters will buy from the Authority, and the Authority will sell to the UnderwriterUnderwriters, all (but not less than all) of the Bonds at a purchase price equal to $24,750,000 27,777,000, consisting of the aggregate principal amount of the Bonds ($25,000,000)Bonds, less an underwriters' discount Underwriting fee of $250,000, plus accrued interest423,000. Payment shall be made in immediately available funds to the Trustee for the account of the Authority. Closing (the "Closing") will be at the offices of Eckert, Seamans, Xxxxxx Obermayer Xxxxxxx Xxxxxxx & Xxxxxxx, LLCHippel LLP, bond counsel, at 10:00 a.m., Eastern Daylight Time, on June 5December 31, 2002 or at such other date, time or place or in such other manner as may be agreed on by the parties hereto. The Bonds will be delivered as fully registered Bonds with one Bond for each maturity, each in the aggregate principal amount of Bonds for each such maturity as requested in the name of Cede & Co., as nominee for The Depository Trust Company ("DTC"), with CUSIP numbers printed thereon, and shall conform in all respects to DTC's Book-Entry-Entry Only System. Delivery of the Bonds will be made at the office of DTC in New York, New York, unless DTC's "FAST" program is employed, in which case the delivery of the Bonds will be made at the offices of Xxxxxx Xxxxxxx Xxxxxx & Xxxxxxx, LLC, bond counsel York (or such other location as is acceptable to the UnderwriterRepresentative). If the Underwriter Representative so requests, the Bonds shall be made available to the Underwriter Underwriters (prior to their delivery to DTC) in Philadelphia, Pennsylvania at least three full business day days before the Closing for purposes of inspection. The Underwriter agrees Underwriters agree to make a bona fide public offering of the Bonds at the initial offering prices or yields set forth in the Official Statement; provided, however, that the Underwriter reserves Underwriters reserve the right (and the Authority and the Company hereby expressly acknowledge such right): (i) to make concessions to dealers; (ii) to effect transactions that stabilize or maintain the market price of the Bonds above that which might otherwise prevail in the open market and to discontinue at any time such stabilizing transactions; and (iii) to change such initial offering prices, all as the Underwriter Underwriters shall deem necessary in connection with the marketing of the Bonds.

Purchase, Sale and Closing. On the terms and conditions herein set forth, the Underwriter will buy from the Authority, and the Authority will sell to the Underwriter, all (but not less than all) of the Bonds at a purchase price equal to $24,750,000 consisting of 24,627,624, which is equal to the $24,675,000 aggregate principal amount of the Bonds (Bonds, plus original issue premium of $25,000,000)322,749, less an underwriters' the underwriting discount of $250,000, plus accrued interest370,125. Payment for the Bonds shall be made in immediately available funds to the Trustee for the account of the Authority. Closing (the "Closing") will be at the offices of EckertXxxxxxx Xxxxx Xxxxxxx & Xxxxxxxxx, SeamansLLP, Xxxxxx & XxxxxxxPhiladelphia, LLCPennsylvania, bond counsel, at 10:00 a.m., Eastern Daylight Time, on June 5December 28, 2002 2005 or at such other date, time or place or in such other manner as may be agreed on by the parties hereto. The Bonds will be delivered as one fully registered Bonds with one Bond for each maturity, each bond in the aggregate principal amount of Bonds for each such maturity as requested $24,675,000 in the name of Cede & Co., as nominee for The Depository Trust Company ("DTC"), with CUSIP numbers printed thereon, and shall conform in all respects to DTC's Book-Entry-Entry Only System. Delivery of the Bonds to DTC will be made at the office of DTC in New York, New York, unless DTC's "FAST" program is employed, in which case the delivery of by delivering the Bonds will be made at the offices of Xxxxxx Xxxxxxx Xxxxxx & Xxxxxxx, LLC, bond counsel (or such other location as is acceptable to the Underwriter)Trustee utilizing the DTC FAST system. If the Underwriter so requests, the Bonds shall be made available to the Underwriter (prior to their delivery to DTC) in Philadelphia, Pennsylvania at least three full business day days before the Closing for purposes of inspection. The Underwriter agrees to make a bona fide public offering of the Bonds at the initial offering prices or yields set forth in the Official Statement; provided, however, that the Underwriter reserves the right (and the Authority and the Company hereby expressly acknowledge such right): (i) to make concessions to dealers; (ii) to effect transactions that stabilize or maintain the market price of the Bonds above that which might otherwise prevail in the open market and to discontinue at any time such stabilizing transactions; and (iii) to change such initial offering prices, all as the Underwriter shall deem necessary in connection with the marketing of the Bonds.

Purchase, Sale and Closing. On the terms and conditions herein set forth, the Underwriter will buy from the Authority, and the Authority will sell to the Underwriter, all (but not less than all) of the 2005 Bonds at a purchase price equal to $24,750,000 consisting of 70,929,354.65, which is equal to the $71,310,000 aggregate principal amount of the Bonds (2005 Bonds, plus original issue premium of $25,000,000)689,004.65, less an underwriters' the underwriting discount of $250,000, plus accrued interest1,069,650. Payment for the 2005 Bonds shall be made in immediately available funds to the Trustee for the account of the Authority. Closing (the "Closing") will be at the offices of EckertXxxxxxx Xxxxx Xxxxxxx & Xxxxxxxxx, SeamansLLP, Xxxxxx & XxxxxxxPhiladelphia, LLCPennsylvania, bond counsel, at 10:00 a.m., Eastern Daylight Time, on June 5May 19, 2002 2005 or at such other date, time or place or in such other manner as may be agreed on by the parties hereto. The 2005 Bonds will be delivered as fully registered Bonds bonds, with one Bond bond for each maturityseries, each in the aggregate principal amount of Bonds for each such maturity as requested the applicable series in the name of Cede & Co., as nominee for The Depository Trust Company ("DTC"), with CUSIP numbers printed thereon, and shall conform in all respects to DTC's Book-Entry-Entry Only System. Delivery of the 2005 Bonds to DTC will be made at by delivering the office of DTC in New York, New York, unless DTC's "FAST" program is employed, in which case the delivery of the 2005 Bonds will be made at the offices of Xxxxxx Xxxxxxx Xxxxxx & Xxxxxxx, LLC, bond counsel (or such other location as is acceptable to the Underwriter)Trustee utilizing the DTC FAST system. If the Underwriter so requests, the 2005 Bonds shall be made available to the Underwriter (prior to their delivery to DTC) in Philadelphia, Pennsylvania at least three full business day days before the Closing for purposes of inspection. The Underwriter agrees to make a bona fide public offering of the 2005 Bonds at the initial offering prices or yields set forth in the Official Statement; provided, however, that the Underwriter reserves the right (and the Authority and the Company hereby expressly acknowledge such right): (i) to make concessions to dealers; (ii) to effect transactions that stabilize or maintain the market price of the 2005 Bonds above that which might otherwise prevail in the open market and to discontinue at any time such stabilizing transactions; and (iii) to change such initial offering prices, all as the Underwriter shall deem necessary in connection with the marketing of the 2005 Bonds.

Purchase, Sale and Closing. On the terms and conditions herein set forth, the Underwriter Underwriters will buy from the Authority, and the Authority will sell to the UnderwriterUnderwriters, all (but not less than all) of the Bonds at a purchase price equal to $24,750,000 consisting of 73,875,469.55 which is equal to the $74,685,000 aggregate principal amount of the Bonds (Bonds, plus net original issue premium of $25,000,000)310,744.55, less an underwriters' the underwriting discount of $250,000, plus accrued interest1,120,275.00. Payment for the Bonds shall be made in immediately available funds to the Trustee for the account of the Authority. Closing (the "“Closing"”) will be at the offices of EckertXxxxxxx Xxxxx LLP, SeamansPhiladelphia, Xxxxxx & Xxxxxxx, LLC, bond counselPennsylvania (“Bond Counsel”), at 10:00 a.m., Eastern Daylight Standard Time, on June 5November 17, 2002 2009 or at such other date, time or place or in such other manner as may be agreed on by the parties hereto. The Bonds will be delivered as fully registered Bonds with one Bond for each maturity, each bonds in the aggregate principal amount of Bonds for each such maturity as requested $74,685,000 in the name of Cede & Co., as nominee for The Depository Trust Company ("“DTC"”), with CUSIP numbers printed thereon, and shall conform in all respects to DTC's ’s Book-Entry-Entry Only System. Delivery of the Bonds to DTC will be made at the office of DTC in New York, New York, unless DTC's "FAST" program is employed, in which case the delivery of by delivering the Bonds will be made at the offices of Xxxxxx Xxxxxxx Xxxxxx & Xxxxxxx, LLC, bond counsel (or such other location as is acceptable to the Underwriter)Trustee utilizing the DTC FAST system. If the Underwriter Representative so requests, the Bonds shall be made available to the Underwriter Underwriters (prior to their delivery to DTC) in Philadelphia, Pennsylvania at least three full business day days before the Closing for purposes of inspection. The Underwriter agrees Underwriters agree to make a bona fide public offering of the Bonds at the initial offering prices or yields set forth in the Official Statement; provided, however, that the Underwriter reserves Underwriters reserve the right (and the Authority and the Company hereby expressly acknowledge such right): (i) to make concessions to dealers; (ii) to effect transactions that stabilize or maintain the market price of the Bonds above that which might otherwise prevail in the open market and to discontinue at any time such stabilizing transactions; and (iii) to change such initial offering prices, all as the Underwriter Underwriters shall deem necessary in connection with the marketing of the Bonds.

Purchase, Sale and Closing. On the terms and conditions herein set forth, the Underwriter will buy from the Authority, and the Authority will sell to the Underwriter, all (but not less than all) of the 2004 Bonds at a purchase price equal to $24,750,000 14,000,000, consisting of the aggregate principal amount of the Bonds ($25,000,000), less 2004 Bonds. The Underwriter will be paid an underwriters' discount Underwriting fee of $250,000, plus accrued interest210,000.00 by the Company for its services rendered under this Agreement. Payment shall be made in immediately available funds to the Trustee for the account of the Authority. Closing (the "Closing") will be at the offices of EckertXxxxxxx Xxxxx Xxxxxxx & Xxxxxxxxx, SeamansLLP, Xxxxxx & XxxxxxxPhiladelphia, LLC, Pennsylvania bond counsel, at 10:00 a.m., Eastern Daylight Time, on June 5November 30, 2002 2004 or at such other date, time or place or in such other manner as may be agreed on by the parties hereto. The 2004 Bonds will be delivered as a single, fully registered Bonds with one Bond for each maturityBond, each in the aggregate principal amount of the Bonds for each such maturity as requested in the name of Cede & Co., as nominee for The Depository Trust Company ("DTC"), with a CUSIP numbers number printed thereon, and shall conform in all respects to DTC's Book-Entry-Entry Only System. Delivery of the 2004 Bonds will be made at the office of DTC in New York, New York, unless DTC's "FAST" program is employed, in which case the delivery of the Bonds will be made at the offices of Xxxxxx Xxxxxxx Xxxxxx & Xxxxxxx, LLC, bond counsel York (or such other location as is acceptable to the Underwriter). If the Underwriter so requests, the 2004 Bonds shall be made available to the Underwriter (prior to their delivery to DTC) in Philadelphia, Pennsylvania at least three full business day days before the Closing for purposes of inspection. The Underwriter agrees to make a bona fide public offering of the 2004 Bonds at the initial offering prices or yields set forth in the Official Statement; provided, however, that the Underwriter reserves the right (and the Authority and the Company hereby expressly acknowledge such right): (i) to make concessions to dealers; (ii) to effect transactions that stabilize or maintain the market price of the 2004 Bonds above that which might otherwise prevail in the open market and to discontinue at any time such stabilizing transactions; and (iii) to change such initial offering prices, all as the Underwriter shall deem necessary in connection with the marketing of the 2004 Bonds.

Purchase, Sale and Closing. On the terms and conditions herein set forth, the Underwriter Underwriters will buy from the Authority, and the Authority will sell to the UnderwriterUnderwriters, all (but not less than all) of the Bonds at a purchase price equal to $24,750,000 consisting of 141,764,215.45, which is equal to the $141,385,000.00 aggregate principal amount of the Bonds (Bonds, plus net original issue premium of $25,000,000)1,838,245.45, less an underwriters' the underwriting discount of $250,000, plus accrued interest1,459,030.00. Payment for the Bonds shall be made in immediately available funds to the Trustee for the account of the Authority. Closing (the "“Closing"”) will be at the offices of EckertXxxxxxx Xxxxx LLP, SeamansPhiladelphia, Xxxxxx & Xxxxxxx, LLC, bond counselPennsylvania (“Bond Counsel”), at 10:00 a.m., Eastern Daylight Standard Time, on June 5November 17, 2002 2010 or at such other date, time or place or in such other manner as may be agreed on by the parties hereto. The Bonds will be delivered as fully registered Bonds with one Bond for each maturity, each bonds in the aggregate principal amount of Bonds for each such maturity as requested $141,385,000 in the name of Cede & Co., as nominee for The Depository Trust Company ("“DTC"”), with CUSIP numbers printed thereon, and shall conform in all respects to DTC's ’s Book-Entry-Entry Only System. Delivery of the Bonds to DTC will be made at the office of DTC in New York, New York, unless DTC's "FAST" program is employed, in which case the delivery of by delivering the Bonds will be made at the offices of Xxxxxx Xxxxxxx Xxxxxx & Xxxxxxx, LLC, bond counsel (or such other location as is acceptable to the Underwriter)Trustee utilizing the DTC FAST system. If the Underwriter Representative so requests, the Bonds shall be made available to the Underwriter Underwriters (prior to their delivery to DTC) in Philadelphia, Pennsylvania at least three full business day days before the Closing for purposes of inspection. The Underwriter agrees Underwriters agree to make a bona fide public offering of the Bonds at the initial offering prices or yields set forth in the Official Statement; provided, however, that the Underwriter reserves Underwriters reserve the right (and the Authority and the Company hereby expressly acknowledge such right): (i) to make concessions to dealers; (ii) to effect transactions that stabilize or maintain the market price of the Bonds above that which might otherwise prevail in the open market and to discontinue at any time such stabilizing transactions; and (iii) to change such initial offering prices, all as the Underwriter Underwriters shall deem necessary in connection with the marketing of the Bonds.

Purchase, Sale and Closing. On the terms and conditions herein set forth, the Underwriter will buy from the Authority, and the Authority will sell to the Underwriter, all (but not less than all) of the Bonds at a purchase price equal to $24,750,000 29,550,000, consisting of the aggregate principal amount of the Bonds ($25,000,00030,000,000), less an underwriters' discount of $250,000, plus accrued interest450,000. Payment shall be made in immediately available funds to the Trustee for the account of the Authority. Closing (the "Closing") will be at the offices of Eckert, Seamans, Xxxxxx & Xxxxxxx, LLCReed Smith LLP, bond counsel, at 10:00 a.m., Eastern Daylight Time, on June 5xx Xxxxxxxr 1, 2002 2001 or at such other date, time or place or in such other manner as may be agreed on by the parties hereto. The Bonds will be delivered as fully registered Bonds with one Bond for each maturity, each in the aggregate principal amount of Bonds for each such maturity as requested in the name of Cede & Co., as nominee for The Depository Trust Company ("DTC"), with CUSIP numbers printed thereon, and shall conform in all respects to DTC's Book-Entry-Only System. Delivery of the Bonds will be made at the office of DTC in New York, New York, unless DTC's "FAST" program is employed, in which case the delivery of the Bonds will be made at the offices of Xxxxxx Xxxxxxx Xxxxxx & Xxxxxxx, LLCReed Smith LLP, bond counsel (or such other location as is acceptable to the Underwriteracceptablx xx xxx Xnderwriter). If the Underwriter so requests, the Bonds shall be made available to the Underwriter (prior to their delivery to DTC) in PhiladelphiaSpringfield, Pennsylvania at least three full business day before the Closing for purposes of inspection. The Underwriter agrees to make a bona fide public offering of the Bonds at the initial offering prices or yields set forth in the Official Statement; provided, however, that the Underwriter reserves the right (and the Authority and the Company hereby expressly acknowledge such right): (i) to make concessions to dealers; (ii) to effect transactions that stabilize or maintain the market price of the Bonds above that which might otherwise prevail in the open market and to discontinue at any time such stabilizing transactions; and (iii) to change such initial offering prices, all as the Underwriter shall deem necessary in connection with the marketing of the Bonds.