1984-102 - Laserfiche WebLink

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ab s• Bonds will have been duly authorized, executed, authenticated and delivered; the 1984 Bonds will constitute valid and binding spe- cial obligations of the County payable .iolely and only from the revenues specified in the Resolution and the Indenture and in conformity with, and entitled to the benefit and security of, the Resolution, the Indenture and the Loan Agreement; and this Agreement, the 1984 Bonds, the Resolution, the Indenture, the Loan Agreement and all actions taken by the County in connection therewith shall be in conformity with the Act. (c) The execution and delivery of this Agreement, the Resolution, the Indenture, the 1984 Bonds and the Loan Agreement, and compliance with the provisions hereof and thereof, will not conflict with or constitute a breach of or default under any agreement or other instrument to which the County is a party or any existing law, administrative regulations, court order or consent decree to which the County is subject. (d) On the Closing Date, the Resolution shall have been duly adopted and will be in full force and effect, and the Indenture and the Loan Agreement shall have been duly executed and delivered by the County and, assuming proper execution by the other parties thereto, will be in full force and effect. (e) The County will cause the proceeds from the sale of the 1984 Bonds to be deposited and applied for the purposes set forth in the Resolution, the Indenture and the Loan Agreement. (f) There is no action, suit, proceeding or investiga- tion at law or in equity before or by any court, public board or body pending or threatened against or affecting the County wherein an unfavorable decision, ruling or finding would adver- sely affect the transactions contemplated by this Agreement or the validity of the 1984 Bonds, the Resolution, the Indenture or the Loan Agreement. (g) Except with respect to the acquisition and construction of the Project, no additional or further approval, consent or authorization of, or filing with, any.governmental or Public agency or authority not already obtained by the County is required in connection with the issuance and sale of the 1984 Bonds or the execution and performance of the obligations of the County under this Agreement, the 1984 Bonds, the Resolution, the Indenture or the Loan Agreement. (h) The County has all requisite power and authority to enter into and perform this Agreement, to issue the 1984 Bonds, to apply the proceeds thereof as contemplated by the Resolution -3-