Common use of Representations and Covenants by the Issuer Clause in Contracts

Representations and Covenants by the Issuer. The Issuer makes the following covenants and representations as the basis for the undertaking on its part herein contained: (a) It is a municipal corporation incorporated as a city of the first class, duly organized under the constitution and laws of the State. Under the provisions of the Act and the Ordinance, the Issuer has the power to enter into and perform the transactions contemplated by the Original Lease as amended by the First Supplemental Lease and the Original Indenture as amended by the First Supplemental Indenture and to carry out its obligations hereunder or thereunder; (b) It has duly authorized the execution and delivery of this First Supplemental Lease and the First Supplemental Indenture and the issuance, execution and delivery of the Series 2018 Bonds; and (c) It has obtained the consent to and/or approval of the issuance of the Series 2018 Bonds by each municipal corporation and political subdivision the consent or approval of which is required by the provisions of the Act.

Appears in 2 contracts

Samples: Supplemental Lease, First Supplemental Lease

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Representations and Covenants by the Issuer. The Issuer makes the following covenants and representations as the basis for the undertaking on its part herein contained: (a) It is a municipal corporation incorporated as a city of the first class, duly organized under the constitution and laws of the State. Under the provisions of the Act and the Ordinance, the Issuer has the power to enter into and perform the transactions contemplated by the Original Lease as amended by the First Supplemental Lease and the Original Indenture as amended by the First Supplemental Indenture and to carry out its obligations hereunder or thereunder; (b) It has duly authorized the execution and delivery of this First Supplemental Lease and the First Supplemental Indenture and the issuance, execution and delivery of the Series 2018 2021 Bonds; and (c) It has obtained the consent to and/or approval of the issuance of the Series 2018 2021 Bonds by each municipal corporation and political subdivision the consent or approval of which is required by the provisions of the Act.

Appears in 1 contract

Samples: First Supplemental Lease

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Representations and Covenants by the Issuer. The Issuer makes the following covenants and representations as the basis for the undertaking on its part herein contained: (a) It is a municipal corporation incorporated as a city of the first class, duly organized under the constitution and laws of the State. Under the provisions of the Act and the Ordinance, the Issuer has the power to enter into and perform the transactions contemplated by the Original Lease as amended by the First Supplemental Lease and the Original Indenture as amended by the First Supplemental Indenture and to carry out its obligations hereunder or thereunder;. (b) It has duly authorized the execution and delivery of this First Supplemental Lease and the First Supplemental Indenture and the issuance, execution and delivery of the Series 2018 2012 Bonds; and. (c) It has obtained the consent to and/or approval of the issuance of the Series 2018 2012 Bonds by each municipal corporation and political subdivision the consent or approval of which is required by the provisions of the Act.

Appears in 1 contract

Samples: First Supplemental Lease Agreement

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