NOTE PARTICIPATION PURCHASE AGREEMENTNote Participation Purchase Agreement • June 15th, 2021 • California
Contract Type FiledJune 15th, 2021 JurisdictionThe undersigned, as underwriter (the “Underwriter”), offers to enter into the following agreement (this “Note Participation Purchase Agreement”) with the [school/community college] districts identified in Exhibit A hereto (severally and not jointly) (the “Districts”) and [TBD], as trustee pursuant to that certain Trust Agreement (the “Trust Agreement”), dated as of _________ 1, 2021, by and among the Trustee, the and the Districts, which, upon acceptance of this offer by the Districts and the Trustee will be binding upon the Districts (severally and not jointly), the Trustee and the Underwriter. This offer is made subject to acceptance of this Note Participation Purchase Agreement by the Districts and the Trustee on or before 11:59 p.m., California time, on the date hereof, and, if this Note Participation Purchase Agreement is not so accepted, will be subject to withdrawal by the Underwriter upon notice delivered to the Districts and the Trustee.