Common use of Purchase, Sale and Delivery of the Bonds Clause in Contracts

Purchase, Sale and Delivery of the Bonds. On the basis of the representations and warranties of the District and subject to the terms and conditions set forth herein, we agree to purchase, and the District agrees to sell to us, the total principal amount of the Series 2010A Bonds at a purchase price of $ original issue premium [discount] of $ which purchase price reflects a net and an Underwriters’ discount of $ and the total principal amount of the Series 2010B Bonds at a purchase price of $ , which purchase price reflects a net original issue premium of $ and an Underwriters’ discount of $ . Payment of the purchase price for the Bonds shall be made to the District or its order by wire transfer to the office of the Trustee in Sioux Falls, South Dakota, at 10:00 a.m., Central Time, on December , 2010, or on such later date as may be agreed upon by an appropriate officer of the District and us, against delivery of the Bonds to The Depository Trust Company, New York, New York (“DTC”) for the account of the Underwriters and confirmation from DTC acceptable to the Underwriters that the Bonds have been received and are held for account of the Underwriters. Payment of the Underwriters’ commission shall be by wire transfer to such account as we may designate. The date and time of such payment and delivery are herein called the “Closing Date”.

Purchase, Sale and Delivery of the Bonds. On the basis of the representations and warranties of the District and subject to the terms and conditions set forth herein, we agree to purchase, and the District agrees to sell to us, the total principal amount of the Series 2010A 2012A Bonds at a purchase price of $ original issue premium [discount] of $ which purchase price reflects a net and an Underwriters’ discount of $ and the total principal amount of the Series 2010B 2012B Bonds at a purchase price of $ , which purchase price reflects a net original issue premium of $ and an Underwriters’ discount of $ . Payment of the purchase price for the Bonds shall be made to the District or its order by wire transfer to the office of the Trustee in Sioux Falls, South Dakota, at 10:00 a.m., Central Time, on December May 9, 20102012, or on such later date as may be agreed upon by an appropriate officer of the District and us, against delivery of the Bonds to The Depository Trust Company, New York, New York (“DTC”) for the account of the Underwriters and confirmation from DTC acceptable to the Underwriters that the Bonds have been received and are held for account of the Underwriters. Payment of the Underwriters’ commission shall be by wire transfer to such account as we may designate. The date and time of such payment and delivery are herein called the “Closing Date”.

Purchase, Sale and Delivery of the Bonds. On the basis of the representations and warranties of the District and subject to the terms and conditions set forth herein, we agree to purchase, and the District agrees to sell to us, the total principal amount of the Series 2010A Bonds at a purchase price of $ original issue premium [discount] of $ which purchase price reflects a net and an Underwriters’ discount of $ and the total principal amount of the Series 2010B 2014A Bonds at a purchase price of $ , which purchase price reflects a net original issue discount/premium of $ and an Underwriters’ discount of $ and the total principal amount of the Series 2014B Bonds at a purchase price of $ , which purchase price reflects a net original issue premium/discount of $ and an Underwriters’ discount of $ . Payment of the purchase price for the Bonds shall be made to the District or its order by wire transfer to the office of the Trustee in Sioux Falls, South Dakota, at 10:00 a.m., Central Time, on December October , 20102014, or on such later date as may be agreed upon by an appropriate officer of the District and us, against delivery of the Bonds to The Depository Trust Company, New York, New York (“DTC”) for the account of the Underwriters and confirmation from DTC acceptable to the Underwriters that the Bonds have been received and are held for account of the Underwriters. Payment of the Underwriters’ commission shall be by wire transfer to such account as we may designate. The date and time of such payment and delivery are herein called the “Closing Date”.