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5 <br /> <br />comply with its corresponding agreement to comply with the requirements for establishing issue <br />price of the Bonds, including, but not limited to, its agreement to comply with the hold-the-offering- <br />price rule, if applicable to the Bonds. <br />(g) The Underwriter acknowledges that sales of any Bonds to any person that is a related party to an underwriter participating in the initial sale of the Bonds to the public (each such term being used as defined below) shall not constitute sales to the public for purposes of this section. <br />Further, for purposes of this section: <br />(i) “public” means any person other than an underwriter or a related <br />party; <br />(ii) “underwriter” means (A) any person that agrees pursuant to a written <br />contract with the Authority (or with the lead underwriter to form an underwriting syndicate) to <br />participate in the initial sale of the Bonds to the public and (B) any person that agrees pursuant to a <br />written contract directly or indirectly with a person described in clause (A) to participate in the initial sale of the Bonds to the public (including a member of a selling group or a party to a third-party <br />distribution agreement participating in the initial sale of the Bonds to the public); <br />(iii) a purchaser of any of the Bonds is a “related party” to an underwriter <br />if the underwriter and the purchaser are subject, directly or indirectly, to (i) more than 50% common ownership of the voting power or the total value of their stock, if both entities are corporations (including direct ownership by one corporation of another), (ii) more than 50% common ownership <br />of their capital interests or profits interests, if both entities are partnerships (including direct <br />ownership by one partnership of another), or (iii) more than 50% common ownership of the value of <br />the outstanding stock of the corporation or the capital interests or profit interests of the partnership, as applicable, if one entity is a corporation and the other entity is a partnership (including direct <br />ownership of the applicable stock or interests by one entity of the other)[; and <br />(iv) “sale date” means the date of execution of this Purchase Contract by <br />the Authority and the Underwriter]. <br />Section 4. The Official Statement. By its acceptance of this proposal, the Authority and the City ratify, confirm and approve of the use and distribution by the Underwriter prior to the <br />date hereof of the preliminary official statement relating to the Bonds dated __________, 2018 <br />(including the cover page, all appendices and all information incorporated therein and any <br />supplements or amendments thereto and as disseminated in its printed physical form or in electronic form in all respects materially consistent with such physical form, the “Preliminary Official Statement”) that authorized officers of the City deemed “final” as of its date, for purposes of Rule <br />15c2-12 promulgated under the Securities Exchange Act of 1934, as amended (“Rule 15c2-12”), <br />except for certain information permitted to be omitted therefrom by Rule 15c2-12. The Authority and the City hereby agree to deliver or cause to be delivered to the Underwriter, within seven business days of the date hereof, copies of the final official statement, dated the date hereof, relating <br />to the Bonds (including all information previously permitted to have been omitted by Rule 15c2-12), <br />including the cover page, all appendices, all information incorporated therein and any amendments or supplements as have been approved by the Authority, the City and the Underwriter (the “Official Statement”) in such quantity as the Underwriter shall reasonably request to comply with Section (b)(4) of Rule 15c2-12 and the rules of the Municipal Securities Rulemaking Board (the “MSRB”).