Common use of Pending Legislation Clause in Contracts

Pending Legislation. To the best knowledge of the County, after reasonable investigation, and except as otherwise disclosed to the Purchaser in writing prior to the Effective Date, there is no amendment or proposed amendment, certified for placement on a statewide ballot, to the Constitution of the State of California, or any published administrative interpretation of the Constitution of the State of California or any State of California law, or any pending legislation under consideration by any conference or similar committee, or any published judicial decision interpreting any of the foregoing, the effect of which is to materially adversely affect the ability of the County to pay the Notes or to pay or perform its Obligations hereunder.

Appears in 4 contracts

Samples: Note Purchase and Reimbursement Agreement, Note Purchase and Reimbursement Agreement, Note Purchase and Reimbursement Agreement

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