Examples of The Municipality in a sentence
If the Issuer and the Municipality shall be unable to satisfy the conditions of the Underwriters’ obligations contained in this Purchase Agreement or if the Underwriters’ obligations shall be terminated for any reason permitted by this Purchase Agreement, this Purchase Agreement may be cancelled by the Representative at, or at any time before, the time of the Closing.
This Purchase Agreement is made solely for the benefit of the Issuer and the Municipality and the Underwriters (including their successors or assigns) and no other person, partnership, association or corporation shall acquire or have any right hereunder or by virtue hereof.
This indemnity agreement shall not be construed as a limitation on any other liability which the Issuer or the Municipality may otherwise have to any Underwriter Indemnitee.
Each of the Legal Documents to which it is a party constitutes, or will, as of the Closing Date, constitute, a legal, valid and binding obligation of the Municipality enforceable in accordance with its terms, subject to any applicable bankruptcy, insolvency or other laws affecting creditors’ rights or remedies heretofore or hereafter enacted.
Notice of such cancellation shall be given by the Representative to the Issuer and the Municipality in writing, or by telephone confirmed in writing.