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Revenue Obligations, and the other instruments and proceedings relating to the Revenue Obligations, and <br /> that on or before such date the Revenue Obligations shall have been sold and issued. If the events set <br /> forth herein do not take place prior to such date, or any extension thereof, and the Revenue Obligations <br /> are not sold within such time,this resolution will expire and be of no further effect. <br /> Section 10. Rijzhts of the City. The adoption of this resolution does not constitute a guaranty or <br /> firm commitment that the City will issue the Revenue Obligations as requested by the Company. The <br /> City retains the right in its sole discretion to withdraw from participation and accordingly not to issue the <br /> Revenue Obligations, or issue the Revenue Obligations in an amount less that the amount referred to <br /> herein, should the City at any time prior to issuance thereof determine that it is in the best interest of the <br /> City not to issue the Revenue Obligations, or to issue the Revenue Obligations in an aggregate amount <br /> less than the amount referred to in Section 2 hereof, or should the parties to the transaction be unable to <br /> reach agreement as to the terms and conditions of any of the documents required for the transaction. <br /> Section 11. Effective Date. This Resolution shall be in full force and effect from and after its <br /> passage this 8th day of June, 2015. <br /> -4- <br />