Issuer Representations. ISSUER represents and warrants to the PURCHASER as follows:
Issuer Representations. Issuer represents and warrants to Purchaser as follows:
Issuer Representations. Issuer represents and warrants to the Subscriber as follows:
Issuer Representations. The Issuer represents and warrants as follows:
Issuer Representations. Each Issuer represents and warrants (as to itself in each instance where the representation or warranty relates to Issuers or Issuer and as to its Individual Parcel where the representation or warranty relates to the Property or Individual Parcel) as of the Note Issuance Date that:
Issuer Representations. The Issuer represents that, as of the date of this Agreement:
(a) Each of the representations of the Issuer in the Lease and Purchase Agreement dated as of December 1, 1995 (the "Lease" and, together with the Indenture and this Bond Purchase Agreement, the "Bond Documents") and the Indenture is true and correct as if made on and as of the date of this Agreement.
(b) Pursuant to an ordinance duly adopted by the City Council of the Issuer on November 8, 1995 (the "Bond Ordinance"), the Issuer duly authorized and approved (i) the execution and delivery by the Issuer of the Bond Documents and the performance by the Issuer of its obligations under the Bond Documents, and (ii) the issuance, execution and delivery of the Bond. The Bond Ordinance has not been amended, modified or repealed.
(c) The Bond Documents and the Bond Ordinance constitute, and the Bond, when executed by the Issuer and delivered to the Purchaser will constitute, legal, valid and binding obligations of the Issuer, enforceable against the Issuer in accordance with their respective terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally and general principles of equity.
(d) The statements contained in any certificate provided under this Agreement and signed and delivered to the Purchaser by any authorized official of the Issuer will be deemed a 3 representation and warranty by the Issuer to the Purchaser.
Issuer Representations. The Issuer makes the following representations as the basis for the undertakings on its part herein contained:
(a) The Issuer is a public body, corporate and politic, organized and existing under the laws of the State. The Issuer has all necessary power and authority to issue the Bonds and to execute and deliver this Loan Agreement, the Indenture, and the other documents to which it is a party, and to perform its duties and discharge its obligations hereunder and thereunder.
(b) Each of the documents and agreements to which the Issuer is a party (the “Issuer Documents”) has been duly validly authorized, executed and delivered by the Issuer and, assuming due authorization, execution and delivery by the other parties thereto, constitutes the legal, valid and binding obligation of the Issuer enforceable against the Issuer in accordance with its respective terms, subject to bankruptcy, insolvency, reorganization, moratorium and other similar laws affecting the rights of creditors generally and general equitable principles.
(c) To the best knowledge of the Issuer, the Issuer has complied with the provisions of the Act and the laws of the State which are prerequisites to the consummation of the transactions on the part of the Issuer described or contemplated in the Issuer Documents. To the best knowledge of the Issuer, the execution and delivery of the Bonds and the Issuer Documents, the consummation of the transactions on the part of the Issuer contemplated thereby and the fulfillment of or compliance with the terms and conditions thereof do not conflict with or result in the breach of any of the terms, conditions or provisions of any agreement or instrument or judgment, order or decree to which the Issuer is now a party or by which it is bound, nor do they constitute a default under any of the foregoing.
(d) To the best knowledge of the Issuer, no authorization or approval or other action by, and no notice to or filing with, any governmental authority or regulatory body is required for the due execution and delivery by the Issuer of, and performance by the Issuer of its obligations under the Issuer Documents, which has not been obtained as of the Closing Date.
(e) To the best knowledge of the Issuer, there is no action, suit, proceeding, inquiry or investigation pending or threatened against the Issuer by or before any court, governmental agency or public board or body, nor, to the Issuer’s knowledge, any basis therefor, which (i) affects or questions the exis...
Issuer Representations. ISSUER represents and warrants to PURCHASER as follows:
Issuer Representations. ISSUER represents and warrants to the HOLDER as follows:
