Common use of Limitations on Scope of Services Clause in Contracts

Limitations on Scope of Services. In order to clarify the extent of our relationship, Piper is required under MSRB Rule G-421 to describe any limitations on the scope of the activities to be performed for you. Accordingly, the Scope of Services are subject to the following limitations: The Scope of Services is limited solely to the services described herein and is subject to limitations set forth within the descriptions of the Scope of Services. Any duties created by this Agreement do not extend beyond the Scope of Services or to any other contract, agreement, relationship, or understanding, if any, of any nature between the Client and Piper. The Scope of Services does not include evaluating advice or recommendations received by you from third parties. The Client acknowledges that if Client chooses to issue the Bonds on a tax exempt basis, Client acknowledges the Client’s continuing covenants and responsibilities regarding tax exemption that will be contained in the Bond Documents, including the Tax Exemption Certificate, if applicable, and Bond Resolution. Client acknowledges that the services provided by Piper are not intended to be construed as tax advice with respect to the issuance of the Bonds. To the extent that we provided the Client and bond counsel with certain computations that show a bond yield, issue price, weighted average maturity and certain other information with respect to the Bonds, these computations are made using software licensed to Piper by a third party vendor, DBC, and are provided for informational purposes only. We express no view regarding the legal sufficiency of any such computations or the correctness of any legal interpretation made by bond counsel. To assist us in complying with our duties to our regulators, you agree that if we are asked to evaluate the advice or recommendations of third parties, you will provide us written direction to do so. The Client has selected Xxxxxx & Xxxxxx P.C. as bond counsel (“Bond Counsel”) and has not relied on Piper for any assistance selecting Bond Counsel, Piper is not party to the engagement agreement between Client and Bond Counsel, including having a working knowledge of any limitations under said agreement; and Piper shall assume no responsibility for the work or opinions provided by Bond Counsel; and The Client will select a nationally recognized bond counsel to serve the Client as disclosure counsel (“Disclosure Counsel”) and will not rely on Financial Services Provider for any assistance selecting Disclosure Counsel. Client will direct Disclosure Counsel to address their 10(b)5 opinion, or a reliance therein, to Piper. Client will select a nationally recognized legal counsel firm to serve the Client negotiating the terms of the loan agreement and Indenture with the Hospital. The Scope of Services does not include tax, legal, accounting or engineering advice with respect to any Issue or Product or in connection with any opinion or certificate rendered by counsel or any other person at closing.

Appears in 1 contract

Samples: Financial Services Agreement

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Limitations on Scope of Services. In order to clarify the extent of our relationship, Piper Xxxxx is required under MSRB Rule G-421 to describe any limitations on the scope of the activities to be performed for you. Accordingly, the Scope of Services are subject to the following limitations: The Scope of Services is limited solely to the services described herein and is subject to limitations set forth within the descriptions of the Scope of Services. Any duties created by this Agreement do not extend beyond the Scope of Services or to any other contract, agreement, relationship, or understanding, if any, of any nature between the Client and Piper. The Scope of Services does not include evaluating advice or recommendations received by you from third parties. The Client acknowledges that if Client chooses to issue the Bonds on a tax exempt basis, Client acknowledges the Client’s continuing covenants and responsibilities regarding tax exemption that will be contained in the Bond Documents, including the Tax Exemption Certificate, if applicable, and Bond Resolution. Client acknowledges that the services provided by Piper Xxxxx are not intended to be construed as tax advice with respect to the issuance of the Bonds. To the extent that we provided the Client and bond counsel with certain computations that show a bond yield, issue price, weighted average maturity and certain other information with respect to the Bonds, these computations are made using software licensed to Piper by a third party vendor, DBC, and are provided for informational purposes only. We express no view regarding the legal sufficiency of any such computations or the correctness of any legal interpretation made by bond counsel. To assist us in complying with our duties to our regulators, you agree that if we are asked to evaluate the advice or recommendations of third parties, you will provide us written direction to do so. The Client has selected Xxxxxx & Xxxxxx P.C. as bond counsel (“Bond Counsel”) and has not relied on Piper for any assistance selecting Bond Counsel, Piper Xxxxx is not party to the engagement agreement between Client and Bond Counsel, including having a working knowledge of any limitations under said agreement; and Piper Xxxxx shall assume no responsibility for the work or opinions provided by Bond Counsel; and The Client will select a nationally recognized bond counsel to serve the Client as disclosure counsel (“Disclosure Counsel”) and will not rely on Financial Services Provider for any assistance selecting Disclosure Counsel. Client will direct Disclosure Counsel to address their 10(b)5 opinion, or a reliance therein, to Piper. Client will select a nationally recognized legal counsel firm to serve the Client negotiating the terms of the loan agreement and Indenture with the Hospital. The Scope of Services does not include tax, legal, accounting or engineering advice with respect to any Issue or Product or in connection with any opinion or certificate rendered by counsel or any other person at closing.

Appears in 1 contract

Samples: Financial Services Agreement

Limitations on Scope of Services. In order to clarify the extent of our relationship, Piper is required under MSRB Rule G-421 G-420F1 to describe any limitations on the scope of the activities to be performed for you. Accordingly, the Scope of Services are subject to the following limitations: The Scope of Services is limited solely to the services described herein and is subject to limitations set forth within the descriptions of the Scope of Services. Any duties created by this Agreement do not extend beyond the Scope of Services or to any other contract, agreement, relationship, or understanding, if any, of any nature between the Client and Piper. The Scope of Services does not include evaluating advice or recommendations received by you from third parties. The Client acknowledges that if Client chooses it intends to issue the Bonds on a tax exempt basis, Client basis and further acknowledges the Client’s continuing covenants and responsibilities regarding tax exemption that will be contained in the Bond Documents, including the Tax Exemption Certificate, if applicable, Certificate and Bond Resolution. Client acknowledges that the services provided by Piper are not intended to be construed as tax advice with respect to the issuance of the Bonds. To the extent that we provided the Client and bond counsel with certain computations that show a bond yield, issue price, weighted average maturity and certain other information with respect to the Bonds, these computations are made using software licensed to Piper by a third party vendor, DBC, and are provided for informational purposes only. We express no view regarding the legal sufficiency of any such computations or the correctness of any legal interpretation made by bond counsel. To assist us in complying with our duties to our regulators, you agree that if we are asked to evaluate the advice or recommendations of third parties, you will provide us written direction to do so. The Client has selected Xxxxxx & Xxxxxx P.C. as bond counsel (“Bond Counsel”) and has not relied on Piper for any assistance selecting Bond Counsel, Piper is not party to the engagement agreement between Client and Bond Counsel, including having a working knowledge of any limitations under said agreement; and Piper shall assume no responsibility for the work or opinions provided by Bond Counsel; and The Client will select a nationally recognized bond counsel to serve the Client as disclosure counsel (“Disclosure Counsel”) and will not rely on Financial Services Provider for any assistance selecting Disclosure Counsel. Client will direct Disclosure Counsel to address their 10(b)5 opinion, or a reliance therein, to Piper. Client will select a nationally recognized legal counsel firm to serve the Client negotiating the terms of the loan agreement and Indenture with the Hospital. The Scope of Services does not include tax, legal, accounting or engineering advice with respect to any Issue or Product or in connection with any opinion or certificate rendered by counsel or any other person at closing.

Appears in 1 contract

Samples: Financial Services Agreement

Limitations on Scope of Services. In order to clarify the extent of our relationship, Piper Xxxxx is required under MSRB Rule G-421 G-420F1 to describe any limitations on the scope of the activities to be performed for you. Accordingly, the Scope of Services are subject to the following limitations: The Scope of Services is limited solely to the services described herein and is subject to limitations set forth within the descriptions of the Scope of Services. Any duties created by this Agreement do not extend beyond the Scope of Services or to any other contract, agreement, relationship, or understanding, if any, of any nature between the Client and Piper. The Scope of Services does not include evaluating advice or recommendations received by you from third parties. The Client acknowledges that if Client chooses it intends to issue the Bonds on a tax exempt basis, Client basis and further acknowledges the Client’s continuing covenants and responsibilities regarding tax exemption that will be contained in the Bond Documents, including the Tax Exemption Certificate, if applicable, Certificate and Bond Resolution. Client acknowledges that the services provided by Piper Xxxxx are not intended to be construed as tax advice with respect to the issuance of the Bonds. To the extent that we provided the Client and bond counsel with certain computations that show a bond yield, issue price, weighted average maturity and certain other information with respect to the Bonds, these computations are made using software licensed to Piper by a third party vendor, DBC, and are provided for informational purposes only. We express no view regarding the legal sufficiency of any such computations or the correctness of any legal interpretation made by bond counsel. To assist us in complying with our duties to our regulators, you agree that if we are asked to evaluate the advice or recommendations of third parties, you will provide us written direction to do so. The Client has selected Xxxxxx & Xxxxxx P.C. as bond counsel (“Bond Counsel”) and has not relied on Piper for any assistance selecting Bond Counsel, Piper Xxxxx is not party to the engagement agreement between Client and Bond Counsel, including having a working knowledge of any limitations under said agreement; and Piper Xxxxx shall assume no responsibility for the work or opinions provided by Bond Counsel; and The Client will select a nationally recognized bond counsel to serve the Client as disclosure counsel (“Disclosure Counsel”) and will not rely on Financial Services Provider for any assistance selecting Disclosure Counsel. Client will direct Disclosure Counsel to address their 10(b)5 opinion, or a reliance therein, to Piper. Client will select a nationally recognized legal counsel firm to serve the Client negotiating the terms of the loan agreement and Indenture with the Hospital. The Scope of Services does not include tax, legal, accounting or engineering advice with respect to any Issue or Product or in connection with any opinion or certificate rendered by counsel or any other person at closing.

Appears in 1 contract

Samples: Financial Services Agreement

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Limitations on Scope of Services. In order to clarify the extent of our relationship, Piper Xxxxx Xxxxxxx is required under MSRB Rule G-421 to describe any limitations on the scope of the activities to be performed for you. Accordingly, the Scope of Services are subject to the following limitations: The Scope of Services is limited solely to the services described herein and is subject to limitations set forth within the descriptions of the Scope of Services. Any duties created by this Agreement do not extend beyond the Scope of Services or to any other contract, agreement, relationship, or understanding, if any, of any nature between the Client and Piperthe Financial Services Provider. The Scope of Services does not include evaluating advice or recommendations received by you from third parties. The Client acknowledges that if Client chooses it intends to issue the Bonds on a tax exempt basis, Client basis and further acknowledges the Client’s continuing covenants and responsibilities regarding tax exemption that will be contained in the Bond Documents, including the Tax Exemption Certificate, if applicable, Certificate and Bond Resolution. Client acknowledges that the services provided by Piper Xxxxx Xxxxxxx are not intended to be construed as tax advice with respect to the issuance of the Bonds. To the extent that we provided the Client and bond counsel with certain computations that show a bond yield, issue price, weighted average maturity and certain other information with respect to the Bonds, these computations are made using software licensed to Piper the Financial Services Provider by a third party vendor, DBC, and are provided for informational purposes only. We express no view regarding the legal sufficiency of any such computations or the correctness of any legal interpretation made by bond counsel. To assist us in complying with our duties to our regulators, you agree that if we are asked to evaluate the advice or recommendations of third parties, you will provide us written direction to do so. The Client has selected Xxxxxx & Xxxxxx P.C. as bond counsel (“Bond Counsel”) and has not relied on Piper Xxxxx Xxxxxxx for any assistance selecting Bond Counsel, Piper Xxxxx Xxxxxxx is not party to the engagement agreement between Client and Bond Counsel, including having a working knowledge of any limitations under said agreement; and Piper Xxxxx Xxxxxxx shall assume no responsibility for the work or opinions provided by Bond Counsel; and The Client will select a nationally recognized bond counsel to serve the Client as disclosure counsel (“Disclosure Counsel”) and will not rely on Financial Services Provider for any assistance selecting Disclosure Counsel. Client will direct Disclosure Counsel to address their 10(b)5 opinion, or a reliance therein, to Piper. Client will select a nationally recognized legal counsel firm to serve the Client negotiating the terms of the loan agreement and Indenture with the HospitalFinancial Services Provider. The Scope of Services does not include tax, legal, accounting or engineering advice with respect to any Issue or Product or in connection with any opinion or certificate rendered by counsel or any other person at closing. No Subordination of claim by Xxxxxxxxxxx to the Tax. It is understood that the intent of this Agreement surrounds the issuance by the Client of School Infrastructure Sales, Services & Use Tax Revenue Bonds, obligations that have a direct, first lien claim against the future receipts of the School Infrastructure Sales Tax, without current or future subordination. The Client will take no action, at any time, that causes the claim that bondholders have against the School Infrastructure Sales Tax to become subordinated to others’ claims. The Bond Resolution drafted by legal counsel shall include language that specifically prohibits any action that would subordinate the claim by bondholders’ to a first lien position on the School Infrastructure Sales Tax. The Client shall engage legal counsel with clear direction that the Bond Resolution shall include such direction.

Appears in 1 contract

Samples: Financial Services Agreement

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