Representations, Covenants and Warranties of the Authority. The Authority represents, covenants and warrants that:
Representations, Covenants and Warranties of the Authority. The Authority represents, covenants and warrants to the City as follows:
Representations, Covenants and Warranties of the Authority. The Authority represents, covenants and warrants for the benefit of the Board and the Trustee as follows:
Representations, Covenants and Warranties of the Authority. The Authority represents, covenants and warrants for the benefit of the County as follows:
Representations, Covenants and Warranties of the Authority. The Authority hereby represents, warrants and covenants according to the official records of said Authority and the personal knowledge of the signatories hereof on behalf of the Authority, to the Owner, Trustee, Letter of Credit Bank, Underwriter and Bond Counsel to the Authority, in order to induce the Owner, Trustee and Letter of Credit Bank to enter into this Loan Agreement and other Project Documents to which they are parties and to induce the Underwriter to purchase the Bonds, and in consideration of the foregoing, as follows:
Representations, Covenants and Warranties of the Authority. The Authority represents, covenants and warrants for the benefit of the County that the Authority is a nonprofit corporation duly incorporated and in good standing in the State of Utah and is duly qualified to transact business in the State of Utah, is not in violation of any provision of its Articles of Incorporation or its Bylaws, has the corporate power and authority to enter into this Ground Lease and has duly authorized and approved the execution and delivery of this Ground Lease by proper corporate action. DEMISING CLAUSE The County hereby demises and leases the Property to the Authority, and the Authority leases the Property from the County, subject only to Permitted Encumbrances, in accordance with the provisions of this Ground Lease, to have and to hold for the Ground Lease Term unless sooner terminated as expressly provided herein. GROUND LEASE TERM
