BOND PURCHASE AGREEMENTBond Purchase Agreement • February 29th, 2016
Contract Type FiledFebruary 29th, 2016The undersigned, Morgan Stanley & Co. LLC and Piper Jaffray & Co., for themselves and as representatives of [to come, if any] (collectively, the “Underwriters”), offer to enter into this Bond Purchase Agreement (this Bond Purchase Agreement, including the Letter of Representations attached hereto as Exhibit B as well as the other Exhibits, being herein called the “Purchase Agreement”) with the California Infrastructure and Economic Development Bank (the “Infrastructure Bank”) and the Treasurer of the State of California (the “Treasurer”) as agent for sale for the Infrastructure Bank. Upon acceptance hereof and approval by the State Water Resources Control Board (the “State Water Board”), this offer will become binding upon the Treasurer, the Infrastructure Bank and the Underwriters. This offer is made subject to acceptance by delivery of an executed counterpart hereof at or prior to 11:59 p.m., Pacific time, on this date or on such later date as shall have been consented to by the part