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such Committee, or by the staff of the Joint Committee on Taxation of the Congress <br /> of the United States, or the favorable reporting for passage of legislation to either <br /> House of the Congress of the United States by a Committee of such House to which <br /> such legislation has been referred for consideration, or any decision of any Federal or <br /> state court or any ruling or regulation (final, temporary or proposed) or official <br /> statement on behalf of the United States Treasury Department, the Internal Revenue <br /> Service or other federal or State authority materially adversely affecting the federal or <br /> State tax status of the Authority, the interest on bonds or notes or obligations of the <br /> general character of the Bonds or the market price of the Bonds; or <br /> (iii) legislation shall be enacted by the Congress of the United States, or a <br /> decision by a court of the United States shall be rendered, or a stop order, ruling, <br /> regulation or official statement by, or on behalf of, the Securities and Exchange <br /> Commission or any other governmental agency having jurisdiction of the subject <br /> matter shall be issued or made to the effect that the issuance, offering or sale of <br /> obligations of the general character of the Bonds, or the issuance, offering or sale of <br /> the Bonds, including all underlying obligations, as contemplated hereby or by the <br /> Official Statement, is in violation or would be in violation of, or that obligations of <br /> the general character of the Bonds, or the Bonds, are not exempt from registration <br /> under, any provision of the federal securities laws, including the Securities Act <br /> of 1933, as amended and as then in effect, or that the Indenture is required to be <br /> qualified under the Trust Indenture Act of 1939, as amended and as then in effect; or <br /> (iv) additional material restrictions not in force as of the date hereof shall <br /> have been imposed upon trading in securities generally by any governmental authority <br /> or by any national securities exchange which restrictions materially adversely affect <br /> the Underwriter's ability to market the Bonds; or <br /> (v) a general banking moratorium shall have been established by federal <br /> or State authorities; or <br /> (vi) the United States has become engaged in hostilities which have <br /> resulted in a declaration of war or a national emergency or there has occurred any <br /> other outbreak of hostilities or a national or international calamity or crisis, financial <br /> or otherwise, the effect of such outbreak, calamity or crisis on the financial markets <br /> of the United States, being such as, in the reasonable opinion of the Underwriter, <br /> would affect materially and adversely the ability of the Underwriter to market the <br /> Bonds (it being agreed by the Underwriter that there is no outbreak, calamity or crisis <br /> of such character as of the date hereof); or <br /> (vii) there shall be in force a general suspension of trading on the New <br /> York Stock Exchange. <br /> 8. Closing Documents. At or prior to the Closing, the Underwriter shall <br /> receive the following documents: <br /> (a) Bond Opinion. An approving opinion of Bond Counsel, dated the date of the <br /> Closing and substantially in the form included as Appendix C to the Official Statement, together with <br /> a letter from such counsel, dated the date of the Closing and addressed to the Underwriter, to the <br /> KMLYDDAN 26982 257329 6 8 <br />