1993-081 - Laserfiche WebLink

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FROM, 9 M 0 984 224 1544 4.12.1993 28,36 P. T precedent to or the absence of which would materially adversely affect the due performance by the County of its obligations under this Purchase Contract, the Escrow Deposit Agreement, the Resolution and the Bonds, or prior to the Closing will have been duly obtained; provided, however, that this representation and warranty does not apply to such approvals, consents and orders as may be required under the Blue Sky or securities laws of any state in connection with the offering and sale of the Bonds, or to such official action by the County which the Resolution contemplates is to be taken from time to time after the Closing. (f) The Bonds, when issued, registered and delivered in accordance with the Resolution and sold to the Underwriter as provided herein and in accordance with the provisions of the Resolution, will be valid and legally enforceable obligations of the County in accordance with their terms and the terms of the Resolution, except to the extent enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws limiting creditors' rights generally and by the application of general principles of equity; and the Resolution will provide, for the benefit of the holders from time to time of the Bonds, a legally valid and irrevocable first lien and pledge of the Pledged Funds (as defined therein). (q) The County is lawfully empowered to pledge and grant and has pledged and granted a prior and irrevocable lien upon the Pledged Funds for the payment of the principal of, redemption premium, if any, and interest on the Bonds. (h) The information contained in the Preliminary Official Statement (as of its date) and, as of its date and the Date of Closing, the Final Official Statement, including but not limited to information pertaining to the County, the Bonds, the Resolution and the System, is and will be true and correct in all material respects and does not contain any untrue statement of a material fact or omit to state a material fact which is necessary to make the statements there- in, in the light of the circumstances under which they were made, not misleading. (i) Except as described in the Official Statement, there is no action, suit, proceeding, inquiry or investigation, at law or in equity before or by any court, governmental agency or public board or body, pending or, to the best knowledge of the County, threatened: (i) which may affect the existence of the County or the titles of its officers to their respective offices; (ii) which may affect or which seeks to prohibit, restrain or enjoin the sale, issuance or delivery of the Bonds, the collection or disbursement of the Pledged Funds to pay the principal of and interest on the Bonds and premium, if -6-