Common use of No Proposed Legal Changes Clause in Contracts

No Proposed Legal Changes. There is no (i) amendment or, to the knowledge of the Borrower, no proposed amendment certified for placement on a statewide or local ballot (including any voter initiatives or referendums), to the Bond Documents or that relates to Local Option Taxes or Pledged Taxes or (ii) legislation that has passed, or any published judicial decision interpreting any of the foregoing, which could reasonably be expected to result in a Material Adverse Effect on the ability of the Borrower to receive any of the Pledged Taxes or its ability to perform its obligations under this Agreement, the TIFIA Bond and the other TIFIA Loan Documents in effect as of any date on which this representation and warranty is made.

Appears in 7 contracts

Samples: Tifia Loan Agreement, Tifia Loan Agreement, Tifia Loan Agreement

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No Proposed Legal Changes. There is no (i) amendment or, to the knowledge of the Borrower, no proposed amendment certified for placement on a statewide or local ballot (including any voter initiatives or referendums), to the Bond Documents or that relates to Local Option Taxes or Pledged Taxes or (ii) legislation that has passed, or any published judicial decision interpreting any of the foregoing, which could reasonably be expected to result in a Material Adverse Effect on the ability of the Borrower to receive any of the Pledged Taxes or its ability to perform its obligations under this Agreement, the TIFIA RRIF Bond and the other TIFIA RRIF Loan Documents in effect as of any date on which this representation and warranty is made.

Appears in 1 contract

Samples: Rrif Loan Agreement

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No Proposed Legal Changes. There is no (i) amendment or, to the knowledge of the Borrower, no proposed amendment certified for placement on a statewide or local ballot (including any voter initiatives or referendums), to the Bond Documents or that relates relating to Local Option Taxes or Pledged Taxes or (ii) legislation that has passed, or any published judicial decision interpreting any of the foregoing, which could reasonably be expected to result in a Material Adverse Effect on the ability of the Borrower to receive any of the Pledged Taxes or its ability to perform its obligations under this Agreement, the TIFIA Bond Bonds and the other TIFIA Loan MCA Documents in effect as of any date on which this representation and warranty is made.

Appears in 1 contract

Samples: Tifia Master Credit Agreement

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