Common use of Covenants Incorporated by Reference Clause in Contracts

Covenants Incorporated by Reference. The City will perform and comply with each and every obligation, covenant and Agreement required to be performed or observed by it in or pursuant to the Related Documents and the ordinances pursuant to which any Subordinate Xxxx Xxxxx or Separate Lien Obligations have been issued, which provisions, including, in particular, the obligations and covenants of the City set forth in Section 12 and Section 19 of the Subordinate Lien Ordinance, as well as the related defined terms contained in such Related Documents, are hereby incorporated by reference herein with the same effect as if each and every such provision were set forth herein in its entirety. To the extent that any such incorporated provision permits any Person or Persons to waive compliance with such provision or requires that a document, opinion or other instrument or any event or condition be acceptable or satisfactory to any Person or Persons, for purposes of this Agreement, such provision shall be complied with only if it is waived by the Bank and such document, opinion or other instrument and such event or condition shall be acceptable or satisfactory only if it is acceptable or satisfactory to the Bank. No amendment to such obligations, covenants and agreements or defined terms made pursuant to any of the Related Documents shall be effective to amend such obligations, covenants and agreements and defined terms as incorporated by reference herein without the consent of the Bank.