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under any law, contract, lease or other agreement or document described in sub- <br />paragraph (d) or (e) of the previous subsection. <br />9.2.4 No approval, license, exemption or other authorization from, or <br />filing, registration or qualification with, any Governmental Authority is required which <br />has not been previously obtained in connection with: <br />(a) the execution of Developer of, and the <br />performance by Developer of its obligations Linder, the Loan Documents; and <br />(b) the creation of the liens described in the Loan <br />Documents, <br />9.3 Financial and Other Information. To the best of Developer's knowledge, <br />all financial information furnished to City with respect to Developer in connection with <br />the Loan (a) is complete and correct in all material respects as of the date of preparation <br />thereof, (b) accurately presents the financial condition of Developer, and (c) has been <br />prepared in accordance with generally accepted accounting principles consistently <br />applied or in accordance with such other principles or methods as are reasonably <br />acceptable to City. To the best of Developer's knowledge, all other documents and <br />information furnished to City with respect to Developer, in connection with the Loans, <br />are correct and complete insofar as completeness is necessary to give the City accurate <br />knowledge of the subject matter. To the best of Developer's knowledge Developer has <br />no material liability or contingent liability not disclosed to City in writing and there is no <br />material lien, claim, charge or other right of others of any kind's (including liens or <br />retained security titles of conditional vendors) on any property of Developer not disclosed <br />in such financial statements or otherwise disclosed to City in writing. <br />9.4 No Material Adverse Change. There has been no material adverse change in <br />the condition, financial or otherwise, of Developer since the dates of the latest financial <br />statements furnished to City, Since those dates, Developer has not entered into any <br />material transaction not disclosed in such financial statements or otherwise disclosed to <br />City in writing. <br />9.5 Tax Liabil ity. Developer has filed all required federal, state and local tax returns <br />and has paid all taxes (including interest and penalties, but subject to lawful extensions <br />disclosed to City in writing) other than taxes being promptly and actively contested in <br />good faith and by appropriate proceedings. Developer is maintaining adequate reserves <br />for tax liabilities (including contested liabilities) in accordance with generally accepted <br />accounting principles or in accordance with such other principles or methods as are <br />reasonably acceptable to City. <br />9.6 Governmental Requirements. Developer is in compliance with all laws <br />relating to the Property and all Governmental Authority approvals, including zoning, land <br />use, planning requirements, and requirements arising from or relating to the adoption or <br />amendment of, any applicable general plan, subdivision and parcel map requirement; <br />environmental requirements, including the requirements of the California Enviromnental <br />Quality Act and the National Environmental Policy Act and the preparation and approval <br />19 <br />25C -23 <br />