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(d) (i) Any restriction on, or general suspension of, trading in securities on the New York Stock Exchange or any banking moratorium, or the establishment by the New York Stock Exchange, by the Securities and Exchange Commission, by any Federal or state agency, or by the decision of any court, of any limitation on prices for such trading or (ii) any new outbreak of hostilities or other national or international calamity or crisis, the effect of which on the financial markets of the United States shall be such as to make it impracticable, in the reasonable judgment of the Underwriter, for the Underwriter to enforce contracts for the sale of the Bonds; or (e) Any event or condition which, in the judgment of the Underwriter, renders untrue or incorrect, in any material respect as of the time the same purports to speak, the information, including the financial statements, contained in the Official Statement, or which requires that information not reflected in the Official Statement should be reflected therein in order to make the statements and information contained therein not misleading in any material respect as of such time; provided the Issuer and the Underwriter will use its best efforts to amend or supplement the official Statement to reflect, to the satisfaction of the Underwriter, such changes in or additions to the information contained in the Official Statement . 10 . All notices, demands and formal actions hereunder will be in writing mailed, telegraphed or delivered to: The Issuer: City of Batesville, Arkansas City Hall Batesville, Arkansas 72503 Attention: Mayor The Underwriter: Crews & Associates, Inc. 124 West Capitol, Suite 2000 Little Rock, Arkansas 72201 Attention: Edmond Hurst 11 . All representations, warranties and covenants of the Issuer contained herein shall remain operative and in full force and shall survive (a) the execution and delivery of this Agreement, (b) any investigation made by or on behalf of the Underwriter, (c) the purchase of the Bonds hereunder, and (d) any disposition of or payment for the Bonds . The Issuer shall be liable to the Underwriter for any damages resulting from a false representation or warranty or breach of covenant . 12 . The Underwriter shall be under no obligation to pay and the Issuer shall pay any expenses incident to the performance of its obligations hereunder including, but not limited to: (i) the cost of the preparation and distribution of this Agreement, the Authorizing Ordinance, the cost of the preparation, printing and delivery of the Bonds, the cost of printing of the Official Statement (in such reasonable quantities as may be requested by the