Due Authorization for Issuance of the Bonds Sample Clauses

Due Authorization for Issuance of the Bonds. The City has duly authorized the issuance and sale of the Bonds pursuant to the Bond Ordinance, the Indenture, and the Act. The City has, and at the Closing will have, full legal right, power and authority (i) to enter into, execute, deliver, and perform its obligations under this Agreement and the other City Documents, (ii) to issue, sell and deliver the Bonds to the Underwriter pursuant to the Indenture, the Bond Ordinance, the Act, and as provided herein, and (iii) to carry out, give effect to and consummate the transactions on the part of the City described by the Bond Ordinance and the other City Documents.
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Due Authorization for Issuance of the Bonds. The City represents that the City has duly authorized the issuance and sale of the Bonds pursuant to the Trust Indenture, the Act and the Authorizing Actions. The City further represents that it has, and covenants that at the Closing Date the City will have, full legal right, power and authority (i) to enter into, execute, deliver and perform its obligations under this Bond Purchase Agreement and, where necessary, the City Documents, (ii) to issue, sell and deliver the Bonds to the Underwriter pursuant to the Trust Indenture, the Act and the Authorizing Actions and as provided herein, and

Related to Due Authorization for Issuance of the Bonds

  • Due Authorization The Company has full right, power and authority to execute and deliver this Agreement and to perform its obligations hereunder; and all action required to be taken for the due and proper authorization, execution and delivery by it of this Agreement and the consummation by it of the transactions contemplated hereby has been duly and validly taken.

  • Due Authority The execution and delivery by the Company of this Warrant and the performance of all obligations of the Company hereunder, including the issuance to Warrantholder of the Warrant Shares issuable hereunder, have been duly authorized by all necessary corporate action on the part of the Company. This Agreement: (i) does not violate the Company’s Charter or Bylaws; (ii) does not contravene any law or governmental rule, regulation or order applicable to the Company; and (iii) does not and will not contravene any provision of, or constitute a default under, any indenture, mortgage, contract or other instrument to which the Company is a party or by which it is bound. This Agreement constitutes a legal, valid and binding agreement of the Company, enforceable in accordance with its terms.

  • Representations and Warranties of the Authority The Authority represents and warrants to the Concessionaire that:

  • Authorization of Agreement This Agreement has been duly authorized, executed and delivered by the Company.

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