Status of the Dealers. In soliciting purchases of the Bonds from the Corporation, each Dealer is acting solely as agent for the Corporation and not as principal. Each Dealer will make reasonable efforts to assist the Corporation in obtaining performance by each purchaser whose offer to purchase Bonds from the Corporation has been solicited by such Dealer and accepted by the Corporation but such Dealer shall not have any liability to the Corporation in the event any such purchase is not consummated for any reason. Nothing herein contained shall constitute the Dealers an association, joint venture or partnership, with the Corporation or the Guarantor or with each other.
Status of the Dealers. In soliciting purchases of the Bonds from the Corporation, each Dealer is acting solely in the capacity of an arm’s length contractual counterparty to the Corporation and not as financial advisor or a fiduciary to the Corporation or any other person. Additionally, no Dealer is advising the Corporation or any other person as to any legal, tax, investment, accounting or regulatory matters in any jurisdiction. The Corporation will consult with its own advisors concerning such matters and will be responsible for making its own independent investigation and appraisal of the transactions contemplated hereby, and the Dealers will have no responsibility or liability to the Corporation with respect thereto. Any review by the Dealers of the Corporation, the transactions contemplated hereby or other matters relating to such transactions will be performed solely for the benefit of the Dealers and will not be on behalf of the Corporation. Each Dealer will make reasonable efforts to assist the Corporation in obtaining performance by each purchaser whose offer to purchase Bonds from the Corporation has been solicited by such Dealer and accepted by the Corporation but such Dealer shall not have any liability to the Corporation in the event any such purchase is not consummated for any reason. Nothing herein contained shall constitute the Dealers an association, joint venture or partnership, with the Corporation or the Guarantor or with each other.
Status of the Dealers
