Representations, Warranties and Covenants of the District. The District hereby represents and warrants to and covenants with the Underwriters that:
Representations, Warranties and Covenants of the District. The District, as of the date hereof, represents, warrants and covenants and agrees as follows:
Representations, Warranties and Covenants of the District. The District represents and warrants to Corporation that:
Representations, Warranties and Covenants of the District. The District represents, warrants to and covenants with the Purchaser that:
Representations, Warranties and Covenants of the District. By the District’s acceptance of this Agreement, the District hereby represents and warrants to, and agrees with, the Purchaser as follows: The District is a political subdivision of the State for the administration of public schools, segregated geographically for bonding purposes, duly organized and validly existing under the laws of the State; In connection with the issuance of the Bonds, the District has complied in all respects with the Constitution of the State and the laws of the State, including the Act; The District is authorized to issue the Bonds for the purpose of providing funds for erecting, remodeling, making additions to and furnishing school buildings, purchasing and improving school grounds, purchasing computer hardware and software for student use in public schools, providing matching funds for capital outlay projects funded pursuant to the Public School Capital Outlay Act, or any combination of these purposes, and to pay costs of issuance of the Bonds (the “Project”). The District has the power to enter into the transactions contemplated by, and to carry out its obligations under, this Agreement and the Resolution. The President of the Board has duly executed the Resolution, which is valid and enforceable against the District and which authorizes the execution and delivery of this Agreement and the execution, issuance, sale and delivery of the Bonds. At or prior to Closing, the District: (i) will have full legal right, power and authority to (A) perform its obligations under and comply with the provisions of the Resolution and the Act, (B) issue, execute and deliver, and perform its obligations under the Bonds, and (C) carry out and consummate the transactions contemplated by and perform its obligations under this Agreement, and the documents delivered in connection with the Resolution and the Act; and (ii) will have the full legal right, power and authority under the Act to execute and deliver this Agreement and to adopt the Resolution; The Resolution and this Agreement constitute legal, valid and binding agreements of the District, enforceable in accordance with their respective terms, subject to bankruptcy, insolvency, reorganization, moratorium and other similar laws and principles of equity relating to or affecting the enforcement of creditors’ rights. The Bonds, when issued, delivered and paid for, in accordance with the Resolution and this Agreement, will constitute legal, valid and binding general obligations of the District entit...
