Common use of Authorization, Absence of Conflicts, Etc Clause in Contracts

Authorization, Absence of Conflicts, Etc. The execution, delivery and performance of this Agreement and the Note (i) based solely on the opinion of Bond Counsel, have been duly authorized by the City, (ii) to the best knowledge of the Designated Officer, after due investigation, do not and will not conflict with, or result in violation of, any material provision of law (Federal or state), or any material order, rule or regulation of any court or other Governmental Authority and (iii) do not and will not conflict with, result in a violation of or constitute a default under any material provision of the Resolution or, to the best knowledge of the Designated Officer, after due investigation, any other agreement or instrument to which the City is a party or by which the City or any of its assets is bound and will not result in the creation or the imposition of any security interest, lien, charge or encumbrance of any of its assets pursuant to the provisions of any of the foregoing except as provided therein.

Authorization, Absence of Conflicts, Etc. The execution, delivery and performance of this Agreement and the Note (i) based solely on the opinion of Bond Counsel, have been duly authorized by the City, (ii) to the best knowledge of the Designated Officer, after due investigation, do not and will not conflict with, or result in violation of, any material provision of law (Federal or state), or any material order, rule or regulation of any court or other Governmental Authority and (iii) do not and will not conflict with, result in a violation of or constitute a default under any material provision of the Resolution Resolutions or, to the best knowledge of the Designated Officer, after due investigation, any other agreement or instrument to which the City is a party or by which the City or any of its assets is bound and will not result in the creation or the imposition of any security interest, lien, charge or encumbrance of any of its assets pursuant to the provisions of any of the foregoing except as provided therein.

Authorization, Absence of Conflicts, Etc. The execution, delivery and performance of this Agreement and the Note other Loan Documents (i) based solely on the opinion of Bond Counsel, have been duly authorized by the City, (ii) to the best knowledge of the Designated Officer, after due investigation, do not and will not conflict with, or result in violation of, the Act or any material provision of law (Federal or state), or any material order, rule or regulation of any court or other Governmental Authority and (iii) do not and will not conflict with, result in a violation of or constitute a default under any material provision of the Act or the Resolution or, to the best knowledge of the Designated Officer, after due investigation, any other agreement or instrument to which the City is a party or by which the City or any of its assets is bound and will not result in the creation or the imposition of any security interest, lien, charge or encumbrance of any of its assets pursuant to the provisions of any of the foregoing except as provided therein.