Common use of Representation Letter Clause in Contracts

Representation Letter. In order to qualify the Bonds for the Depository’s book-entry system, the District shall execute, seal, countersign and deliver to such Depository a letter from the District representing such matters as shall be necessary to so qualify the Bonds (the “Representation Letter”). The execution and delivery of the Representation Letter shall not in any way limit the provisions of Section 2.12 hereof or in any other way impose upon the District or the Paying Agent any obligation whatsoever with respect to Persons having interests in the Bonds other than the Owners, as shown on the registration books kept by the Paying Agent. In the written acceptance of the Paying Agent, such Paying Agent shall agree to take all actions necessary for all representations of the District in the Representation Letter with respect to the Paying Agent to at all times be complied with. In addition to the execution and delivery of the Representation Letter, the District shall take any other actions, not inconsistent with this Agreement, to qualify the Bonds for the Depository’s book-entry system.

Appears in 2 contracts

Samples: Paying Agent Agreement, Paying Agent Agreement

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Representation Letter. In order to qualify the Bonds and any Parity Bonds which the District elects to register in the name of the Nominee for the Depository’s book-entry system, an authorized representative of the District shall execute, seal, countersign is hereby authorized to execute from time to time and deliver to such Depository a letter from the District representing such matters as shall be necessary to so qualify the Bonds (the “Representation Letter”). The execution and delivery of the Representation Letter shall not in any way limit the provisions of Section 2.12 hereof or in any other way impose upon the District or the Paying Agent Trustee any obligation whatsoever with respect to Persons persons having interests in the Bonds other than the Owners, as shown on the registration books kept by the Paying AgentTrustee. In the written acceptance of the Paying Agent, such Paying Agent shall agree The Trustee agrees to take all actions action necessary for to continuously comply with all representations of the District in the Representation Letter made with respect to the Paying Agent to at all times be complied withTrustee in the Representation Letter. In addition to the execution and delivery of the Representation Letter, each Authorized Representative of the District shall is hereby authorized to take any other actions, not inconsistent with this AgreementIndenture, to qualify the Bonds for the Depository’s book-entry systemprogram.

Appears in 1 contract

Samples: Bond Indenture

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Representation Letter. In order to qualify the Bonds for the Depository’s book-book- entry system, the District shall execute, seal, countersign and deliver to such Depository a letter from the District representing such matters as shall be necessary to so qualify the Bonds (the “Representation Letter”). The execution and delivery of the Representation Letter shall not in any way limit the provisions of Section 2.12 hereof or in any other way impose upon the District or the Paying Agent any obligation whatsoever with respect to Persons having interests in the Bonds other than the Owners, as shown on the registration books kept by the Paying Agent. In the written acceptance of the Paying Agent, such Paying Agent shall agree to take all actions necessary for all representations of the District in the Representation Letter with respect to the Paying Agent to at all times be complied with. In addition to the execution and delivery of the Representation Letter, the District shall take any other actions, not inconsistent with this Agreement, to qualify the Bonds for the Depository’s book-entry system.

Appears in 1 contract

Samples: Paying Agent Agreement

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