Common use of Representations by Authority Clause in Contracts

Representations by Authority. The Authority makes the following representations: (a) The Authority is a political subdivision of the Commonwealth of Virginia duly created by an ordinance of the County pursuant to the Act; (b) The undertaking by the Authority (i) to refund the Refunded Bond and (ii) to lease the Leased Property to the County, has been authorized, in compliance with the Act and the Authority’s Bylaws, by the affirmative vote of not less than a majority of the members of the Authority present during an open meeting at which a quorum was present and acting throughout; (c) Pursuant to the Act, the Authority has full power and authority to enter into the Basic Agreements and to perform the transactions contemplated thereby and to carry out its obligations thereunder and by proper action has duly authorized, executed and delivered the Basic Agreements and has issued the Bond; (d) The execution, delivery and compliance by the Authority with the terms and conditions of the Basic Agreements will not conflict with or constitute or result in a default under or violation of, (1) the Act, the Authority’s Bylaws or the ordinance creating the Authority,

Representations by Authority. The Authority makes the following representations: (a) The Authority is a political subdivision of the Commonwealth of Virginia duly created by an ordinance of the County pursuant to the Act; (b) The undertaking by the Authority (i) to refund finance a portion of the Refunded costs of the Project and the costs of issuing the Bond and (iiiii) to lease the Leased Property to the County, has been authorized, in compliance with the Act and the Authority’s Bylaws, by the affirmative vote of not less than a majority of the members directors of the Authority present during an open at a meeting at which a quorum was present and acting throughout; (c) Pursuant to the Act, the Authority has full power and authority to enter into the Basic Agreements and to perform the transactions contemplated thereby and to carry out its obligations thereunder and by proper action has duly authorized, executed and delivered the Basic Agreements and has issued the Bond; (d) The execution, delivery and compliance by the Authority with the terms and conditions of the Basic Agreements will not conflict with or constitute or result in a default under or violation of, (1) the Act, the Authority’s Bylaws or the ordinance creating the Authority,

Representations by Authority. The Authority makes the following representations: (a) The Authority is a political subdivision of the Commonwealth of Virginia duly created by an ordinance of the County pursuant to the Act; (b) The undertaking by the Authority (i) to refund cause the Refunded release if any deed of trust for the benefit of the Bank on the Leased Property by payment in full of any loan secured by such deed of trust from proceeds of the Bond and (ii) to lease the Leased Property to the County, has been authorized, in compliance with the Act and the Authority’s Bylaws, by the affirmative vote of not less than a majority of the members of the Authority present during an open at a meeting at which a quorum was present and acting throughout; (c) Pursuant to the Act, the Authority has full power and authority to enter into the Basic Agreements and to perform the transactions contemplated thereby and to carry out its obligations thereunder and by proper action has duly authorized, executed and delivered the Basic Agreements and has issued the Bond; (d) The execution, delivery and compliance by the Authority with the terms and conditions of the Basic Agreements will not conflict with or constitute or result in a default under or violation of, (1) the Act, the Authority’s Bylaws or the ordinance creating the Authority,

Representations by Authority. The Authority makes the following representations: (a) The Authority is a political subdivision of the Commonwealth of Virginia duly created by an ordinance of the County pursuant to the Act; (b) The undertaking by the Authority (i) to refund cause the Refunded Bond refunding of the 2011 Notes and (ii) to lease the Leased Property to the County, has been authorized, in compliance with the Act and the Authority’s Bylaws, by the affirmative vote of not less than a majority of the members of the Authority present during an open at a meeting at which a quorum was present and acting throughout; (c) Pursuant to the Act, the Authority has full power and authority to enter into the Basic Agreements and to perform the transactions contemplated thereby and to carry out its obligations thereunder and by proper action has duly authorized, executed and delivered the Basic Agreements and has issued the Bond; (d) The execution, delivery and compliance by the Authority with the terms and conditions of the Basic Agreements will not conflict with or constitute or result in a default under or violation of, (1) the Act, the Authority’s Bylaws or the ordinance creating the Authority,

Representations by Authority. The Authority makes the following representations: (a) The Authority is a political subdivision of the Commonwealth of Virginia duly created by an ordinance of the County pursuant to the Act; (b) The undertaking by the Authority (i) to refund cause the Refunded refunding of the Outstanding 2006 Bond and (ii) to lease the Leased Property to the County, has been authorized, in compliance with the Act and the Authority’s Bylaws, by the affirmative vote of not less than a majority of the members of the Authority present during an open Authority, at a meeting at which a quorum was present and acting throughout; (c) Pursuant to the Act, the Authority has full power and authority to enter into the Basic Agreements and to perform the transactions contemplated thereby and to carry out its obligations thereunder and by proper action has duly authorized, executed and delivered the Basic Agreements and has issued the BondBonds; (d) The execution, delivery and compliance by the Authority with the terms and conditions of the Basic Agreements will not conflict with or constitute or result in a default under or violation of, (1) the Act, the Authority’s Bylaws or the ordinance creating the Authority,