Common use of Conditions of Issuing a Series of Bonds Clause in Contracts

Conditions of Issuing a Series of Bonds. Before the issuance and authentication of any Series of Bonds or Subordinate Obligations by the Trustee, HRTAC shall deliver or cause to be delivered to the Trustee: (a) In the case of the initial Series of Bonds issued under this Master Indenture only: (1) An original executed counterpart of this Master Indenture; (2) A certified copy of the Initial Resolution, which authorized the execution and delivery of this Master Indenture; and (3) An Opinion or Opinions of Counsel, subject to customary exceptions and qualifications, to the effect that this Master Indenture has been duly authorized, executed and delivered by HRTAC; (b) An original executed counterpart of the Related Series Supplement which may include provisions (i) authorizing the issuance, fixing the principal amount and setting forth the details of the Bonds of the Series then to be issued, the interest rate or rates and the manner in which the Bonds are to bear interest, the Principal and Interest Payment Dates of the Bonds, the purposes for which the Bonds are being issued, the date and the manner of numbering the Bonds, the series designation, the denominations, the maturity dates and amounts, the Amortization Requirements or the manner for determining such Amortization Requirements, and any other provisions for redemption before maturity; (ii) for Bond Credit Facilities for the Series and for the Funds to be established with respect to the Series of Bonds as required or authorized under this Master Indenture; (iii) for the application of the proceeds of the Bonds of the Series; (iv) any term or condition necessary or expedient for the issuance of Bonds constituting Variable Rate Bonds or Optional Tender Bonds, including without limitation, tender and remarketing provisions, liquidity facility provisions and provisions for establishing the variable rate and changing interest rate modes; (v) for the amount, if any, to be deposited into the Related Debt Service Reserve Fund to cause the amount held therein to equal the applicable Reserve Requirement as adjusted to account for the Series of Bonds or Subordinate Obligations then to be issued; and (vi) for such other matters as HRTAC may deem appropriate; (c) A certified copy of each resolution adopted by HRTAC authorizing the execution and delivery of the Related Series Supplement, any Related Bond Credit Facility and any Related Reimbursement Obligation and the issuance, sale, execution and delivery of the Series of Bonds then to be issued; (d) Original executed counterparts of the Related Tax Regulatory Agreement, any Related Bond Credit Facility and any Related Reimbursement Obligation; (e) [Except for the initial Series of Bonds to be issued under this Master Indenture and for any Series of Refunding Bonds, an Officer’s Certificate to the effect that during any twelve consecutive months of the eighteen months preceding the issuance of the Series of Bonds or Subordinate Obligations to be issued (i) the HRTAC Revenues were not less than [2.00] times the maximum annual Principal and Interest Requirements during the current or any future Fiscal Year on the Bonds Outstanding and the Series of Bonds to be issued, and (ii) the HRTAC Revenues were not less than [1.35] times the annual Principal and Interest Requirements during the current or any future Fiscal Year on the Subordinate Obligations Outstanding and the Series of Subordinate Obligations to be issued.] (f) If the Bonds of the Series then to be issued are to be issued to refund Bonds issued and outstanding under this Master Indenture (“Refunding Bonds”) evidence satisfactory to the Trustee that HRTAC has made provision for the payment or redemption of all of the Bonds to be refunded as required by this Master Indenture and the Related Series Supplement and for the payment of the estimated expenses of HRTAC and the Trustee incident to the refunding, including, if applicable, the fees of the Verification Agent and the escrow agent for the Related Escrow Fund; (g) An opinion of Bond Counsel to the effect that (i) the Bonds of the Series then to be issued have been duly authorized, (ii) all conditions precedent to the issuance of such Bonds have been fulfilled, (iii) the Related Series Supplement has been duly authorized, executed and delivered by HRTAC and complies in all respects with the requirements of this Master Indenture and (iv) Bonds are valid and legally binding limited obligations of HRTAC and are secured by this Master Indenture and the Related Series Supplement to the extent provided herein and therein; (h) An Officer’s Certificate, dated the date of delivery of the Bonds of the Series then to be issued, to the effect that to the best of the knowledge of the signatory, upon and immediately following such delivery, no Event of Default under this Master Indenture or any Series Supplement with respect to any Series of Bonds Outstanding will have occurred and be continuing; (i) A written order and authorization to the Trustee on behalf of HRTAC, signed by a HRTAC Representative, to authenticate and deliver the Bonds of the Series then to be issued to or upon the order of the purchaser or purchasers therein identified upon payment to the Trustee of the purchase price (including accrued interest, if any) of such Series of Bonds; and (j) Any additional document or instrument specified in the Related Series Supplement.

Conditions of Issuing a Series of Bonds. Before the issuance and authentication of any Series of Bonds or Subordinate Obligations by the Trustee, HRTAC NVTC shall deliver or cause to be delivered to the Trustee: (a) In the case of the initial Series of Bonds issued under this Master Indenture only: (1) An original executed counterpart of this Master Indenture; (2) An original executed counterpart of the Assignment and Payment Agreement; (3) A certified copy of the Initial Bond Resolution, which authorized the execution and delivery of this Master Indenture; (4) Evidence of the approval of the initial Series of Bonds by PRTC, the Participating Jurisdictions and the Contributing Jurisdictions; and (35) An Opinion or Opinions of Counsel, subject to customary exceptions and qualifications, to the effect that this Master Indenture has been duly authorized, executed and delivered by HRTACNVTC; (b) An original executed counterpart of the Related Series Supplement which may include provisions (i) authorizing the issuance, fixing the principal amount and setting forth the details of the Bonds of the Series then to be issued, the interest rate or rates and the manner in which the Bonds are to bear interest, the Principal and Interest Payment Dates of the Bonds, the purposes for which the Bonds are being issued, the date and the manner of numbering the Bonds, the series designation, the denominations, the maturity dates and amounts, the Amortization Requirements or the manner for determining such Amortization Requirements, and any other provisions for redemption before maturity; (ii) for Bond Credit Facilities for the Series and for the Funds to be established with respect to the Series of Bonds as required or authorized under this Master Indenture; (iii) for the application of the proceeds of the Bonds of the Series; (iv) any term or condition necessary or expedient for the issuance of Bonds constituting Variable Rate Bonds or Optional Tender Bonds, including without limitation, tender and remarketing provisions, liquidity facility provisions and provisions for establishing the variable rate and changing interest rate modes; (v) for the amount, if any, to be deposited into the Related Debt Service Reserve Fund Fund, which will be an amount at least equal to cause the amount held therein to equal the applicable Reserve DSRF Requirement as adjusted to account for the Bonds of the Series of Bonds or Subordinate Obligations then to be issued; and (vi) for such other matters as HRTAC NVTC may deem appropriate; (c) A certified copy of each resolution adopted by HRTAC NVTC authorizing the execution and delivery of the Related Series Supplement, any Related Bond Credit Facility and any Related Reimbursement Obligation and the issuance, sale, execution and delivery of the Series of Bonds then to be issuedissued and evidence of any required approvals by PRTC, the Participating Jurisdictions and the Contributing Jurisdictions; (d) Original executed counterparts of the Related Tax Regulatory Agreement, Agreement if required under the Tax Code and any Related Bond Credit Facility and any Related Reimbursement Obligation; (e) [Except for the initial Series of Bonds to be issued under this Master Indenture and for any Series of Refunding Bonds, an Officer’s 's Certificate to the effect that during any twelve consecutive months of the eighteen twenty-four months preceding the issuance of the Series of Bonds or Subordinate Obligations to be issued (i) the HRTAC Revenues deposited in the Revenue Fund were not less than [2.00] 2.00 times the maximum annual Principal and Interest Requirements during the current or any future Fiscal Year on the Bonds Outstanding and the Series of Bonds to be issued, and (ii) the HRTAC Revenues were not less than [1.35] times the annual Principal and Interest Requirements during the current or any future Fiscal Year on the Subordinate Obligations Outstanding and the Series of Subordinate Obligations to be issued.]; (f) If the Bonds of the Series then to be issued are to be issued to refund Bonds issued and outstanding under this Master Indenture (“"Refunding Bonds”"): (1) evidence Evidence satisfactory to the Trustee that HRTAC NVTC has made provision for the payment or redemption of all of the Bonds to be refunded as required by this Master Indenture and the Related Series Supplement Supplements and for the payment of the estimated expenses of HRTAC NVTC and the Trustee incident to the refunding, including, if applicable, the fees of the Verification Agent and the escrow agent for the Related Escrow Fund; and (2) Xxxxxx (i) an Officer's Certificate to the effect that, after the issuance of the Refunding Bonds and the provision for the payment of the Bonds to be refunded, the total Principal and Interest Requirements for each Fiscal Year in which there will be Outstanding Bonds of any Series not to be refunded (including the Refunding Bonds to be issued) will not be more than the total Principal and Interest Requirements for each Fiscal Year on all Outstanding Bonds immediately before the issuance of the Refunding Bonds (including the Bonds to be refunded) or (ii) the Officer's Certificate required by subsection (e) above; (g) An opinion of Bond Counsel to the effect that (i) the Bonds of the Series then to be issued have been duly authorized, (ii) all conditions precedent to the issuance of such Bonds have been fulfilled, (iii) the Related Series Supplement has been duly authorized, executed and delivered by HRTAC NVTC and complies in all respects with the requirements of this Master Indenture and (iv) the Bonds are valid and legally binding limited obligations of HRTAC NVTC and are secured by this Master Indenture and the Related Series Supplement to the extent provided herein and therein; (h) An Officer’s 's Certificate to the effect that, as of the date of the delivery of the Bonds of the Series then to be issued, the balance in the Revenue Stabilization Fund will be at least equal to the then-current Revenue Stabilization Requirement and the balance in each Debt Service Reserve Fund will be at least equal to its respective DSRF Requirement; (i) An Officer's Certificate, dated the date of delivery of the Bonds of the Series then to be issued, to the effect that to the best of the knowledge of the signatory, upon and immediately following such delivery, no Event of Default under this Master Indenture or any Series Supplement with respect to any Series of Bonds Outstanding will have occurred and be continuing; (ij) A written order and authorization to the Trustee on behalf of HRTACNVTC, signed by a HRTAC NVTC Representative, to authenticate and deliver the Bonds of the Series then to be issued to or upon the order of the purchaser or purchasers therein identified upon payment to the Trustee of the purchase price (including accrued interest, if any) of such Series of Bonds; and (jk) Any additional document or instrument specified in the Related Series Supplement.

Conditions of Issuing a Series of Bonds. Before the issuance and authentication of any Series of Bonds or Subordinate Obligations by the Trustee, HRTAC shall deliver or cause to be delivered to the Trustee: (a) In the case of the initial Series of Bonds issued under this Master Indenture only: (1) An original executed counterpart of this Master Indenture; (2) A certified copy of the Initial Resolution, which authorized the execution and delivery of this Master Indenture; and (3) An Opinion or Opinions of Counsel, subject to customary exceptions and qualifications, to the effect that this Master Indenture has been duly authorized, executed and delivered by HRTAC; (b) An original executed counterpart of the Related Series Supplement which may include provisions (i) authorizing the issuance, fixing the principal amount and setting forth the details of the Bonds of the Series then to be issued, the interest rate or rates and the manner in which the Bonds are to bear interest, the Principal and Interest Payment Dates of the Bonds, the purposes for which the Bonds are being issued, the date and the manner of numbering the Bonds, the series designation, the denominations, the maturity dates and amounts, the Amortization Requirements or the manner for determining such Amortization Requirements, and any other provisions for redemption before maturity; (ii) for Bond Credit Facilities for the Series and for the Funds to be established with respect to the Series of Bonds as required or authorized under this Master Indenture; (iii) for the application of the proceeds of the Bonds of the Series; (iv) any term or condition necessary or expedient for the issuance of Bonds constituting Variable Rate Bonds or Optional Tender Bonds, including without limitation, tender and remarketing provisions, liquidity facility provisions and provisions for establishing the variable rate and changing interest rate modes; (v) for the amount, if any, to be deposited into the Related Debt Service Reserve Fund Fund, which will be an amount at least equal to cause the amount held therein to equal the applicable Reserve Requirement as adjusted to account for the Bonds of the Series of Bonds or Subordinate Obligations then to be issued; and (vi) for such other matters as HRTAC may deem appropriate; (c) A certified copy of each resolution adopted by HRTAC authorizing the execution and delivery of the Related Series Supplement, any Related Bond Credit Facility and any Related Reimbursement Obligation and the issuance, sale, execution and delivery of the Series of Bonds then to be issued; (d) Original executed counterparts of the Related Tax Regulatory Agreement, any Related Bond Credit Facility and any Related Reimbursement Obligation; (e) [Except for the initial Series of Bonds to be issued under this Master Indenture and for any Series of Refunding Bonds, an Officer’s Certificate to the effect that during any twelve consecutive months of the eighteen months preceding the issuance of the Series of Bonds or Subordinate Obligations to be issued (i) the HRTAC Revenues were not less than [2.002.0] times the maximum annual Principal and Interest Requirements during the current or any future Fiscal Year on the Bonds Outstanding and the Series of Bonds to be issued, and (ii) the HRTAC Revenues were not less than ; [1.35] times the annual Principal and Interest Requirements during the current or any future Fiscal Year on the Subordinate Obligations Outstanding and the Series of Subordinate Obligations Note: HRTAC’s financial advisor should be asked to be issued.determine a reasonable ratio for this test] (f) If the Bonds of the Series then to be issued are to be issued to refund Bonds issued and outstanding under this Master Indenture (“Refunding Bonds”) evidence satisfactory to the Trustee that HRTAC has made provision for the payment or redemption of all of the Bonds to be refunded as required by this Master Indenture and the Related Series Supplement and for the payment of the estimated expenses of HRTAC and the Trustee incident to the refunding, including, if applicable, the fees of the Verification Agent and the escrow agent for the Related Escrow Fund; (g) An opinion of Bond Counsel to the effect that (i) the Bonds of the Series then to be issued have been duly authorized, (ii) all conditions precedent to the issuance of such Bonds have been fulfilled, (iii) the Related Series Supplement has been duly authorized, executed and delivered by HRTAC and complies in all respects with the requirements of this Master Indenture and (iv) Bonds are valid and legally binding limited obligations of HRTAC and are secured by this Master Indenture and the Related Series Supplement to the extent provided herein and therein; (h) An Officer’s Certificate, dated the date of delivery of the Bonds of the Series then to be issued, to the effect that to the best of the knowledge of the signatory, upon and immediately following such delivery, no Event of Default under this Master Indenture or any Series Supplement with respect to any Series of Bonds Outstanding will have occurred and be continuing; (i) A written order and authorization to the Trustee on behalf of HRTAC, signed by a HRTAC Representative, to authenticate and deliver the Bonds of the Series then to be issued to or upon the order of the purchaser or purchasers therein identified upon payment to the Trustee of the purchase price (including accrued interest, if any) of such Series of Bonds; and (j) Any additional document or instrument specified in the Related Series Supplement.

Conditions of Issuing a Series of Bonds. Before the issuance and authentication of any Series of Bonds or Subordinate Obligations by the Trustee, HRTAC NVTC shall deliver or cause to be delivered to the Trustee: (a) In the case of the initial Series of Bonds issued under this Master Indenture only: (1) An original executed counterpart of this Master Indenture; (2) A certified copy of the Initial Bond Resolution, which authorized the execution and delivery of this Master Indenture; (3) Evidence of the approval of the initial Series of Bonds by PRTC, the Participating Jurisdictions and the Contributing Jurisdictions; and (34) An Opinion or Opinions of Counsel, subject to customary exceptions and qualifications, to the effect that this Master Indenture has been duly authorized, executed and delivered by HRTACNVTC; (b) An original executed counterpart of the Related Series Supplement which may include provisions (i) authorizing the issuance, fixing the principal amount and setting forth the details of the Bonds of the Series then to be issued, the interest rate or rates and the manner in which the Bonds are to bear interest, the Principal and Interest Payment Dates of the Bonds, the purposes for which the Bonds are being issued, the date and the manner of numbering the Bonds, the series designation, the denominations, the maturity dates and amounts, the Amortization Requirements or the manner for determining such Amortization Requirements, and any other provisions for redemption before maturity; (ii) for Bond Credit Facilities for the Series and for the Funds to be established with respect to the Series of Bonds as required or authorized under this Master Indenture; (iii) for the application of the proceeds of the Bonds of the Series; (iv) any term or condition necessary or expedient for the issuance of Bonds constituting Variable Rate Bonds or Optional Tender Bonds, including without limitation, tender and remarketing provisions, liquidity facility provisions and provisions for establishing the variable rate and changing interest rate modes; (v) for the amount, if any, to be deposited into the Related Debt Service Reserve Fund Fund, which will be an amount at least equal to cause the amount held therein to equal the applicable Reserve DSRF Requirement as adjusted to account for the Bonds of the Series of Bonds or Subordinate Obligations then to be issued; and (vi) for such other matters as HRTAC NVTC may deem appropriate; (c) A certified copy of each resolution adopted by HRTAC NVTC authorizing the execution and delivery of the Related Series Supplement, any Related Bond Credit Facility and any Related Reimbursement Obligation and the issuance, sale, execution and delivery of the Series of Bonds then to be issuedissued and evidence of any required approvals by PRTC, the Participating Jurisdictions and the Contributing Jurisdictions; (d) Original executed counterparts of the Related Tax Regulatory Agreement, any Related Bond Credit Facility and any Related Reimbursement Obligation; (e) [Except for the initial Series of Bonds to be issued under this Master Indenture and for any Series of Refunding Bonds, an Officer’s 's Certificate to the effect that during any twelve consecutive months of the eighteen twenty-four months preceding the issuance of the Series of Bonds or Subordinate Obligations to be issued (i) the HRTAC Revenues were not less than [1.75 or 2.00] times the maximum annual Principal and Interest Requirements during the current or any future Fiscal Year on the Bonds Outstanding and the Series of Bonds to be issued, and (ii) the HRTAC Revenues were not less than [1.35] times the annual Principal and Interest Requirements during the current or any future Fiscal Year on the Subordinate Obligations Outstanding and the Series of Subordinate Obligations to be issued.]; (f) If the Bonds of the Series then to be issued are to be issued to refund Bonds issued and outstanding under this Master Indenture (“"Refunding Bonds”"): (1) evidence Evidence satisfactory to the Trustee that HRTAC NVTC has made provision for the payment or redemption of all of the Bonds to be refunded as required by this Master Indenture and the Related Series Supplement Supplements and for the payment of the estimated expenses of HRTAC NVTC and the Trustee incident to the refunding, including, if applicable, the fees of the Verification Agent and the escrow agent for the Related Escrow Fund; (2) Either (i) an Officer's Certificate to the effect that, after the issuance of the Refunding Bonds and the provision for the payment of the Bonds to be refunded, the Principal and Interest Requirements for each Fiscal Year in which there will be Outstanding Bonds of any Series not to be refunded (including the Refunding Bonds to be issued) will not more than the Principal and Interest Requirements for each Fiscal Year would have been on all Outstanding Bonds immediately before the issuance of the Refunding Bonds (including the Bonds to be refunded) or (ii) the Officer's Certificate required by subsection (e) above; (g) An opinion of Bond Counsel to the effect that (i) the Bonds of the Series then to be issued have been duly authorized, (ii) all conditions precedent to the issuance of such Bonds have been fulfilled, (iii) the Related Series Supplement has been duly authorized, executed and delivered by HRTAC NVTC and complies in all respects with the requirements of this Master Indenture and (iv) the Bonds are valid and legally binding limited obligations of HRTAC NVTC and are secured by this Master Indenture and the Related Series Supplement to the extent provided herein and therein; (h) Evidence satisfactory to the Trustee that, as of the date of the delivery of the Bonds of the Series then to be issued, the balance in the Revenue Stabilization Fund will be at least equal to the then-current Revenue Stabilization Requirement and the balance in each Debt Service Reserve Fund will be at least equal to its respective DSRF Requirement; (i) An Officer’s 's Certificate, dated the date of delivery of the Bonds of the Series then to be issued, to the effect that to the best of the knowledge of the signatory, upon and immediately following such delivery, no Event of Default under this Master Indenture or any Series Supplement with respect to any Series of Bonds Outstanding will have occurred and be continuing; (ij) A written order and authorization to the Trustee on behalf of HRTACNVTC, signed by a HRTAC NVTC Representative, to authenticate and deliver the Bonds of the Series then to be issued to or upon the order of the purchaser or purchasers therein identified upon payment to the Trustee of the purchase price (including accrued interest, if any) of such Series of Bonds; and (jk) Any additional document or instrument specified in the Related Series Supplement.

Conditions of Issuing a Series of Bonds. Before the issuance and authentication of any Series of Bonds or Subordinate Obligations by the Trustee, HRTAC NVTC shall deliver or cause to be delivered to the Trustee: (a) In the case of the initial Series of Bonds issued under this Master Indenture only: (1) An original executed counterpart of this Master Indenture; (2) An original executed counterpart of the Assignment and Payment Agreement; (3) A certified copy of the Initial Bond Resolution, which authorized the execution and delivery of this Master Indenture; (4) Evidence of the approval of the initial Series of Bonds by PRTC, the Participating Jurisdictions and the Contributing Jurisdictions; and (35) An Opinion or Opinions of Counsel, subject to customary exceptions and qualifications, to the effect that this Master Indenture has been duly authorized, executed and delivered by HRTACNVTC; (b) An original executed counterpart of the Related Series Supplement which may include provisions (i) authorizing the issuance, fixing the principal amount and setting forth the details of the Bonds of the Series then to be issued, the interest rate or rates and the manner in which the Bonds are to bear interest, the Principal and Interest Payment Dates of the Bonds, the purposes for which the Bonds are being issued, the date and the manner of numbering the Bonds, the series designation, the denominations, the maturity dates and amounts, the Amortization Requirements or the manner for determining such Amortization Requirements, and any other provisions for redemption before maturity; (ii) for Bond Credit Facilities for the Series and for the Funds to be established with respect to the Series of Bonds as required or authorized under this Master Indenture; (iii) for the application of the proceeds of the Bonds of the Series; (iv) any term or condition necessary or expedient for the issuance of Bonds constituting Variable Rate Bonds or Optional Tender Bonds, including without limitation, tender and remarketing provisions, liquidity facility provisions and provisions for establishing the variable rate and changing interest rate modes; (v) for the amount, if any, to be deposited into the Related Debt Service Reserve Fund Fund, which will be an amount at least equal to cause the amount held therein to equal the applicable Reserve DSRF Requirement as adjusted to account for the Bonds of the Series of Bonds or Subordinate Obligations then to be issued; and (vi) for such other matters as HRTAC NVTC may deem appropriate; (c) A certified copy of each resolution adopted by HRTAC NVTC authorizing the execution and delivery of the Related Series Supplement, any Related Bond Credit Facility and any Related Reimbursement Obligation and the issuance, sale, execution and delivery of the Series of Bonds then to be issuedissued and evidence of any required approvals by PRTC, the Participating Jurisdictions and the Contributing Jurisdictions; (d) Original executed counterparts of the Related Tax Regulatory Agreement, Agreement if required under the Tax Code and any Related Bond Credit Facility and any Related Reimbursement Obligation; (e) [Except for the initial Series of Bonds to be issued under this Master Indenture and for any Series of Refunding Bonds, an Officer’s 's Certificate to the effect that during any twelve consecutive months of the eighteen twenty-four months preceding the issuance of the Series of Bonds or Subordinate Obligations to be issued (i) the HRTAC Revenues deposited in the Revenue Fund were not less than [2.00] 2.00 times the maximum annual Principal and Interest Requirements during the current or any future Fiscal Year on the Bonds Outstanding and the Series of Bonds to be issued, and (ii) the HRTAC Revenues were not less than [1.35] times the annual Principal and Interest Requirements during the current or any future Fiscal Year on the Subordinate Obligations Outstanding and the Series of Subordinate Obligations to be issued.]; (f) If the Bonds of the Series then to be issued are to be issued to refund Bonds issued and outstanding under this Master Indenture (“"Refunding Bonds”"): (1) evidence Evidence satisfactory to the Trustee that HRTAC NVTC has made provision for the payment or redemption of all of the Bonds to be refunded as required by this Master Indenture and the Related Series Supplement Supplements and for the payment of the estimated expenses of HRTAC NVTC and the Trustee incident to the refunding, including, if applicable, the fees of the Verification Agent and the escrow agent for the Related Escrow Fund; and (2) Xxxxxx (i) an Officer's Certificate to the effect that, after the issuance of the Refunding Bonds and the provision for the payment of the Bonds to be refunded, the total Principal and Interest Requirements for each Fiscal Year in which there will be Outstanding Bonds of any Series not to be refunded (including the Refunding Bonds to be issued) will not be more than the total Principal and Interest Requirements for each Fiscal Year on all Outstanding Bonds immediately before the issuance of the Refunding Bonds (including the Bonds to be refunded) or (ii) the Officer's Certificate required by subsection (e) above; (g) An opinion of Bond Counsel to the effect that (i) the Bonds of the Series then to be issued have been duly authorized, (ii) all conditions precedent to the issuance of such Bonds have been fulfilled, (iii) the Related Series Supplement has been duly authorized, executed and delivered by HRTAC NVTC and complies in all respects with the requirements of this Master Indenture and (iv) the Bonds are valid and legally binding limited obligations of HRTAC NVTC and are secured by this Master Indenture and the Related Series Supplement to the extent provided herein and therein; (h) An Officer’s Certificate to the effect that, as of the date of the delivery of the Bonds of the Series then to be issued, the balance in the Revenue Stabilization Fund will be at least equal to the then-current Revenue Stabilization Requirement and the balance in each Debt Service Reserve Fund will be at least equal to its respective DSRF Requirement; (i) An Officer's Certificate, dated the date of delivery of the Bonds of the Series then to be issued, to the effect that to the best of the knowledge of the signatory, upon and immediately following such delivery, no Event of Default under this Master Indenture or any Series Supplement with respect to any Series of Bonds Outstanding will have occurred and be continuing; (ij) A written order and authorization to the Trustee on behalf of HRTACNVTC, signed by a HRTAC NVTC Representative, to authenticate and deliver the Bonds of the Series then to be issued to or upon the order of the purchaser or purchasers therein identified upon payment to the Trustee of the purchase price (including accrued interest, if any) of such Series of Bonds; and (jk) Any additional document or instrument specified in the Related Series Supplement.