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and the Underwriter (including the successors or assigns of the <br />Underwriter). No other person shall acquire or have any right <br />hereunder by virtue hereof. All the City's representations, <br />warranties and agreements in this Purchase Contract shall remain <br />operative and in full force and effect, regardless of (a) any <br />investigation made by or on behalf of any of the Underwriter, (b) <br />delivery of any payment of the Bonds hereunder, and (c) any <br />termination of this Purchase Contract. <br /> <br /> 12. State of California Law Governs. The validity, <br />interpretation and performance of this Purchase Contract shall De <br />governed by the laws of the State of California <br /> <br /> PRUDENTIAL-BACHE SECURITIES, INC. <br /> <br /> By: <br /> Title: <br /> <br />Accepted as of the date first stated above: <br /> <br />Title <br /> <br />(SEAL) <br /> <br /> 10 <br /> <br /> <br />