REPRESENTATIONS AND COVENANTS OF BORROWER. SECTION 2.01. Representations of Borrower 7 SECTION 2.02. Particular Covenants of Borrower 11 ARTICLE III LOAN TO BORROWER; AMOUNTS PAYABLE; GENERAL AGREEMENTS SECTION 3.01. Loan; Loan Term 20 SECTION 3.02. Disbursement of Loan Proceeds 20 SECTION 3.03. Amounts Payable 21 SECTION 3.04. Unconditional Obligations 22 SECTION 3.05. Loan Agreement to Survive Bond Resolution and Trust Bonds 23 SECTION 3.06. Disclaimer of Warranties and Indemnification 23 SECTION 3.07. Option to Prepay Loan Repayments 24 SECTION 3.08. Priority of Loan and Fund Loan 25 SECTION 3.09. Approval of the New Jersey State Treasurer 25 ARTICLE IV
REPRESENTATIONS AND COVENANTS OF BORROWER. Borrower hereby represents to and agrees with Lender as follows:
REPRESENTATIONS AND COVENANTS OF BORROWER. 5 Section 3.01. Representations of Borrower 5 Section 3.02. Particular Covenants of the Borrower 7 ARTICLE IV LOAN TO BORROWER; AMOUNTS PAYABLE; GENERAL AGREEMENTS 12 Section 4.01. The Loan 12 Section 4.02. Sufficiency of Loan Amounts 12 Section 4.03. Commencement of Loan Agreement Term 12 Section 4.04. Loan Closing Submissions 12 Section 4.05. Evidence of Loan 13 Section 4.06. Disbursement of funds from Project Fund 13 Section 4.07. Designee of Issuer for Loan Repayments 13 Section 4.08. Loan Repayments; Term of Loan 13 Section 4.09. Unconditional Obligation to Pay Loan Repayments 15 Section 4.10. Optional Prepayment 15 Section 4.11. Arbitrage Certification 15 ARTICLE V SOURCE OF PAYMENT 16 Section 5.01. Source of Payment 16 Section 5.02. Levy of Tax 16 ARTICLE VI LOAN DEFAULTS AND REMEDIES 16 Section 6.01. Loan Defaults 16 Section 6.02. Notice of Default 17 Section 6.03. Remedies on Default 17 Section 6.04. Attorney’s Fees and Other Expenses 17 Section 6.05. Applications of Moneys 17 Section 6.06. No Remedy Exclusive; Waiver; Notice 17 Section 6.07. Retention of the Issuer’s Rights 17 ARTICLE VII TITLE TO PROJECT 18 ARTICLE VIII DISCLAIMER OF WARRANTIES; VENDOR’S WARRANTIES; INDEMNIFICATION 18 Section 8.01. Disclaimer of Warranties 18 Section 8.02. Warranties 18 Section 8.03. Indemnity and Hold Harmless Provisions 18 Section 8.04. Reimbursement of Issuer and Trustee 18 ARTICLE IX MISCELLANEOUS 19 Section 9.01. Notices 19 Section 9.02. Binding Effect 20 Section 9.03. Severability 20 Section 9.04. Amendments, Changes and Modifications 20 Section 9.05. Execution in Counterparts 20 Section 9.06. Applicable Law 20 Section 9.07. Consent and Approvals 20 Section 9.08. Captions 20 Section 9.09. Benefits of Loan Agreement 20 Section 9.10. Refunding Bonds 20 Section 9.11. Further Assurances 20 Exhibit A — Description of the Loan Exhibit B — Debt Service Schedule Exhibit C — Copy of Borrower's Loan Resolution Exhibit D — Copy of Opinion of Counsel to the Borrower Exhibit E — Form of Request for Disbursement Exhibit F — Approval of Bank Exhibit G — Approval of Director of State and Local Finance Exhibit H — Borrower’s Tax Certificate LOAN AGREEMENT $25,000,000 The Public Building Authority of the City of Clarksville, Tennessee Local Government Loan Program Bond, Series 2020 (City of Spring Hill Loan) This Loan Agreement (the "Loan Agreement"), dated as of March , 2020 and entered into by and among THE PUBLIC BUILDING AUTHORITY OF THE CITY OF CLARKSVILLE, TENNESSEE, ...
REPRESENTATIONS AND COVENANTS OF BORROWER. Section 2.01 Representations of Borrower 5 Section 2.02 Particular Covenants of the Borrower 8
REPRESENTATIONS AND COVENANTS OF BORROWER. SECTION 2.01. Representations of Borrower 6 SECTION 2.02. Particular Covenants of Borrower 9 ARTICLE III LOAN TO BORROWER; AMOUNTS PAYABLE; GENERAL AGREEMENTS SECTION 3.01. Loan; Loan Term 14 SECTION 3.02. Disbursement of Loan Proceeds 14 SECTION 3.03. Amounts Payable 15 SECTION 3.04. Unconditional Obligations 16 SECTION 3.05. Loan Agreement to Survive Loan 16 SECTION 3.06. Disclaimer of Warranties and Indemnification 16 SECTION 3.07. Option to Prepay Loan Repayments 17 SECTION 3.08. Priority of Loan and Trust Loan 17 SECTION 3.09. Approval of the New Jersey State Treasurer 18 ARTICLE IV ASSIGNMENT OF LOAN AGREEMENT AND BORROWER BOND SECTION 4.01. Assignment and Transfer by State 19 SECTION 4.02. Assignment by Borrower 19 ARTICLE V
REPRESENTATIONS AND COVENANTS OF BORROWER. The Borrower makes the following representations and covenants, in addition to those elsewhere set forth herein, as the basis for the undertakings on the part of the Lender contained herein:
REPRESENTATIONS AND COVENANTS OF BORROWER. SECTION 2.01.
REPRESENTATIONS AND COVENANTS OF BORROWER. Section 2.01 Representations of Borrower 5 Section 2.02 Particular Covenants of the Borrower 7 ARTICLE III LOAN TO BORROWER; AMOUNTS PAYABLE; GENERAL AGREEMENTS Section 3.01 The Loan 11 Section 3.02 Availability of Funds 11 Section 3.03 Disbursements and Capitalized Interest 11 Section 3.04 Amounts Payable 12 Section 3.05 Sources of Payment 14 Section 3.06 Unconditional Obligations 15 Section 3.07 Loan Commitment 15 Section 3.08 Reduction of Loan Commitment 15 Section 3.09 Disclaimer of Warranties 16 Section 3.10 Prepayments 16 Section 3.11 Assignment 16
REPRESENTATIONS AND COVENANTS OF BORROWER. Section 2.01 Representations of Borrower 6
REPRESENTATIONS AND COVENANTS OF BORROWER. Borrower represents, warrants and covenants that:
