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violation or breach of or default (with due notice or the passage of time or both) under any <br />applicable law or administrative rule or regulation, or any applicable court or administrative <br />decree or order, or any indenture, mortgage, deed of trust, lease, contract or other agreement or <br />instrument to which the Authority is a party or by which it or its properties are otherwise <br />subject or bound, or result in the creation or imposition of any prohibited lien, charge or <br />encumbrance of any nature whatsoever upon any of the property or assets of the Authority, <br />which conflict, violation, breach, default, lien, charge or encumbrance would have <br />consequences that would materially and adversely affect the consummation of the transactions <br />contemplated by the Escrow Agreement, the Site and Facility Lease, this Lease Agreement and <br />the Assignment Agreements or the financial condition, assets, properties or operations of the <br />Authority. <br />(e) Consents and Approvals. No consent or approval of any trustee or holder of any <br />indebtedness of the Authority, and no consent, permission, authorization, order or license of, or <br />filing or registration with, any Governmental Authority is necessary in connection with the <br />execution and delivery of the Escrow Agreement, the Site and Facility Lease, this Lease <br />Agreement or the Assignment Agreements, or the consummation of any transaction herein or <br />therein contemplated, except as have been obtained or made and as are in full force and effect. <br />(f) No Litigation. There is no action, suit, proceeding, inquiry or investigation before or by <br />any court or federal, state, municipal or other Governmental Authority pending and notice of <br />which has been served on the Authority or, to the knowledge of the Authority after reasonable <br />investigation, threatened against or affecting the Authority or the assets, properties or <br />operations of the Authority which, if determined adversely to the Authority or its interests, <br />would have a material and adverse effect upon the consummation of the transactions <br />contemplated by or the validity of the Escrow Agreement, the Site and Facility Lease, this Lease <br />Agreement or the Assignment Agreements, or upon the financial condition, assets, properties or <br />operations of the Authority, and the Authority is not in default with respect to any order or <br />decree of any court or any order, regulation or demand of any federal, state, municipal or other <br />Governmental Authority, which default might have consequences that would materially and <br />adversely affect the consummation of the transactions contemplated by the Escrow Agreement, <br />the Site and Facility Lease, this Lease Agreement or the Assignment-Agreements or the financial <br />condition, assets, properties or operations of the Authority. <br />-9- <br />