Conclusive Recital. Pursuant to Section 00-00-000 of the Supplemental Public Securities Act, this Agreement is entered into pursuant to certain provisions of the Supplemental Public Securities Act. Such recital shall be conclusive evidence of the validity and the regularity of the issuance of this Agreement after delivery for value.
Conclusive Recital. Pursuant to Section 00-00-000 of the Supplemental Public Securities Act, this Agreement, the Loan and the Note are entered into pursuant to certain provisions of the Supplemental Public Securities Act. Such recital shall be conclusive evidence of the validity and the regularity of the issuance of this Agreement, the Loan and the Note after delivery for value. Pursuant to Section 00-00-000 of the Supplemental Public Securities Act, no legal or equitable action brought with respect to any legislative acts or proceedings in connection with the authorization or issuance of the Note shall be commenced more than 30 days after the authorization of the Note.
Conclusive Recital. Pursuant to Section 11‑57‑210 of the Supplemental Public Securities Act, this Agreement, the Loan and the Note are entered into pursuant to certain provisions of the Supplemental Public Securities Act. Such recital shall be conclusive evidence of the validity and the regularity of the issuance of this Agreement, the Loan and the Note after delivery for value. Pursuant to Section 11‑57‑212 of the Supplemental Public Securities Act, no legal or equitable action brought with respect to any legislative acts or proceedings in connection with the authorization or issuance of the Note shall be commenced more than 30 days after the authorization of the Note. Issue Date Dated Date Final Maturity December 15, 2024 N/A 2.79% Interest Rate Reset Date: December 15, 2021 ON THE FINAL MATURITY DATE specified above the Colorado High Performance Transportation Enterprise (the “Borrower”), hereby promises to pay to the Noteholder specified above or to the registered assignee hereof (either being hereinafter called the “Noteholder”) the Principal Amount specified above, and to pay to the Noteholder, interest thereon at the rate determined as herein provided from the most recent Interest Payment Date (hereinafter defined) to which interest has been paid or duly provided for, or if no interest has been paid or duly provided for, from the Issue Date. Additional provisions relating to the payment of interest on this Note are set forth below under the heading “Interest on the Note.” It is specifically provided, however, that notwithstanding anything to the contrary herein, this Note is a special, limited obligation of the Borrower, and the principal hereof and interest hereon is payable solely from the sources and in the manner provided in the Loan Agreement (hereinafter defined). THIS NOTE is issued under and pursuant to a Loan Agreement dated as of December 19, 2014 (as amended, modified or supplemented from time to time, the “Loan Agreement”), between the Borrower and Banc of America Preferred Funding Corporation (the “Lender”).
Conclusive Recital. Pursuant to §00-00-000 of the Supplemental Act, this Agreement contains a recital that it is issued pursuant to certain provisions of the Supplemental Act, and such recital is conclusive evidence of the validity and the regularity of this Agreement after its delivery for value.
