Representations, Covenants and Warranties of the Issuer. The Issuer represents, covenants and warrants that: (a) The Issuer is a public trust and public corporation of the State of Louisiana. Under the provisions of the Act, the Issuer is authorized to enter into the transactions contemplated by this Agreement and the Indenture and to carry out its obligations hereunder and thereunder. The Issuer has been duly authorized to execute and deliver this Agreement and the Indenture. (b) The Issuer covenants that it will not pledge the amounts derived from this Agreement other than as contemplated by the Indenture.
Appears in 7 contracts
Samples: Loan Agreement (Macquarie Infrastructure Corp), Loan Agreement (Macquarie Infrastructure Corp), Loan Agreement (Macquarie Infrastructure Corp)
Representations, Covenants and Warranties of the Issuer. The Issuer represents, covenants and warrants that:
(a) The Issuer is a public trust and public corporation political subdivision of the State of Louisiana. Under the provisions of the Act, the Issuer is authorized to enter into the transactions contemplated by this Agreement and the Indenture and to carry out its obligations hereunder and thereunder. The Issuer has been duly authorized to execute and deliver this Agreement and the Indenture.
(b) The Issuer covenants that it will not pledge the amounts derived from this Agreement other than as contemplated by the Indenture.
Appears in 5 contracts
Samples: Lease Agreement (NuStar Energy L.P.), Lease Agreement (NuStar Energy L.P.), Lease Agreement (NuStar Energy L.P.)
Representations, Covenants and Warranties of the Issuer. The Issuer represents, covenants and warrants that:
(a) The Issuer is a public trust body corporate and public corporation politic and an instrumentality of the Parish of Ascension, State of Louisiana. Under the provisions of the Act, the Issuer is authorized to enter into the transactions contemplated by this Agreement and the Indenture and to carry out its obligations hereunder and thereunder. The Issuer has been duly authorized to execute and deliver this Agreement and the Indenture.
(b) The Issuer covenants that it will not pledge the amounts derived from this Agreement other than as contemplated by the Indenture.
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