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(v) that capitalized terms used herein and not otherwise defined shall have the <br /> meanings ascribed to them in the Purchase Agreement; <br /> (vi) that the Authority has all necessary power and authority to authorize and issue <br /> the Bonds and to execute,deliver and perform in obligations unde.r each of the Agreements;_ <br /> (vii) that the Authority has,by all necessary action,duly approved and authorized the <br /> execution and delivery of the Official Statement and has, by all necessary action, duly <br /> approved and authorized the execution and delivery of,and the performance by the Authority <br /> of its obligations contained in,the Agreements; <br /> (viii) that the Bonds and the Agreements have been duly executed and delivered by the <br /> Authority and,assuming due authorization, execution and delivery by the other parties thereto, <br /> constitute legally valid and binding agreements of the Authority; <br /> (ix) that the Authority has complied with all the agreements and satisfied all the <br /> conditions on its part to be performed or satisfied at or prior to the date hereof under the <br /> Agreements,and the representations, agreements and warranties of the Authority contained in <br /> the Agreements are true and correct in all material respects as if made as of the date hereof; <br /> (x) that the Authority has no knowledge or reason to believe that the information in <br /> the Official Statement concerning the Authority contains any untrue statement of a material fact <br /> or omits to state a material fact necessary to make the statements therein, in the light of the <br /> circumstances under which they were made,not misleading; <br /> (xi) that to the best knowledge of the undersigned there is no action, suit,proceeding, <br /> inquiry or investigation before or by any court, public board or body pending or threatened <br /> against or affecting the Authority wherein an unfavorable decision, ruling or finding would <br /> restrain or enjoin the issuance, sale,execution or delivery of the Bonds or in any way contest or <br /> adversely affect <br /> (a) the validity of the Bonds, <br /> (b) the validity of the proceedings of the Authority taken with respect to the <br /> issuance or sale of the Bonds, <br /> (c) the pledge or application of any moneys or securities provided for the <br /> payment of the Bonds, <br /> (d) the existent or powers of the Authority or the title of any officers of the <br /> Authority to their respective positions, <br /> (e) the validity or enforceability of, or the authority or ability of the <br /> Authority to perform its obligations under, Agreements or any other <br /> agreement or instrument to which the Authority is a party and which has <br /> been or will be executed in connection with the consummation of the <br /> transactions contemplated by the foregoing documents,or <br /> (f) the transactions contemplated to be performed by the Authority in the <br /> Official Statement; <br /> (xii) that the employer identification number of the Authority, for federal tax <br /> purposes, is 33-0714537; and <br /> -2- <br />