Representations by Issuer. Issuer represents and warrants that: (a) Issuer is a municipal corporation organized and existing under the laws of the State of Indiana. Under the provisions of the Act, the Issuer is authorized to enter into the transactions contemplated by this 2024D Loan Agreement and to carry out its obligations hereunder. Issuer has been duly authorized to execute and deliver this 2024D Loan Agreement. Issuer agrees that it will do or cause to be done all things within its control and necessary to preserve and keep in full force and effect its existence. (b) Issuer agrees to provide funds from the issuance of the Series 2024D Bonds to loan to the Borrower for financing of the Financed Project Costs for the benefit of the holders of the Bonds, to create additional employment opportunities in the Issuer and to benefit the health, safety, morals and general welfare of the citizens of the Issuer and the State of Indiana, and to secure the Bonds by pledging certain of its rights and interest in this 2024D Loan Agreement and the Series 2024D Note to the Trustee. (c) The Issuer represents that the Lease Rentals under the Leases are payable from the Special Tax Revenues, or at the Redevelopment Commission’s option, any other revenues legally available to the Redevelopment Commission, including the TIF Revenues. (d) The Issuer represents that the Series 2024D Note will be assigned to the Trustee pursuant to the 2024D Indenture, and that no further assignment is contemplated by the Issuer, since the Issuer recognizes that the Series 2024D Note has not been registered under the Securities Act of 1933.
Appears in 2 contracts
Sources: Loan Agreement, Loan Agreement
Representations by Issuer. Issuer represents and warrants that:
(a) Issuer is a municipal corporation organized and existing under the laws of the State of Indiana. Under the provisions of the Act, the Issuer is authorized to enter into the transactions contemplated by this 2024D Loan Agreement and to carry out its obligations hereunder. Issuer has been duly authorized to execute and deliver this 2024D Loan Agreement. Issuer agrees that it will do or cause to be done all things within its control and necessary to preserve and keep in full force and effect its existence.
(b) Issuer agrees to provide funds from the issuance of the Series 2024D 2019C Bonds to loan to the Borrower for financing of the Financed Project Costs for the benefit of the holders of the Bonds, to create additional employment opportunities in the Issuer and to benefit the health, safety, morals and general welfare of the citizens of the Issuer and the State of Indiana, and to secure the Bonds by pledging certain of its rights and interest in this 2024D Loan Agreement and the Series 2024D 2019C Note to the Trustee.
(c) The Issuer represents that the Lease Rentals Rental Payments under the Leases Lease are payable from the Special Tax Revenues, or at the Redevelopment Commission’s option, any other revenues legally available to the Redevelopment Commission, including the TIF Revenues.
(d) The Issuer represents that the Series 2024D 2019C Note will be assigned to the Trustee pursuant to the 2024D Indenture, and that no further assignment is contemplated by the Issuer, since the Issuer recognizes that the Series 2024D 2019C Note has not been registered under the Securities Act of 1933.. that:
Appears in 2 contracts
Sources: Loan Agreement, Loan Agreement
Representations by Issuer. Issuer represents and warrants that:
(a) Issuer is a municipal corporation organized and existing under the laws of the State of Indiana. Under the provisions of the Act, the Issuer is authorized to enter into the transactions contemplated by this 2024D Loan Agreement and to carry out its obligations hereunder. Issuer has been duly authorized to execute and deliver this 2024D Loan Agreement. Issuer agrees that it will do or cause to be done all things within its control and necessary to preserve and keep in full force and effect its existence.
(b) Issuer agrees to provide funds from the issuance of the Series 2024D 20 Bonds to loan to the Borrower for financing of the Financed Project Costs for the benefit of the holders of the Bonds, to create additional employment opportunities in the Issuer and to benefit the health, safety, morals and general welfare of the citizens of the Issuer and the State of Indiana, and to secure the Bonds by pledging certain of its rights and interest in this 2024D Loan Agreement and the Series 2024D 20 Note to the Trustee.
(c) The ▇▇▇▇ Revenues have been properly and legally pledged by the Issuer represents that to the payment of the Lease Rentals Rental Payments under the Leases are payable from the Special Tax Revenues, or at the Redevelopment Commission’s option, any other revenues legally available to the Redevelopment Commission, including the TIF RevenuesLeases.
(d) The Issuer represents that the Series 2024D 20 Note will be assigned to the Trustee pursuant to the 2024D Indenture, and that no further assignment is contemplated by the Issuer, since the Issuer recognizes that the Series 2024D 20 Note has not been registered under the Securities Act of 1933.
Appears in 2 contracts
Sources: Loan Agreement, Loan Agreement
Representations by Issuer. Issuer represents and warrants that:
(a) Issuer is a municipal corporation organized and existing under the laws of the State of Indiana. Under the provisions of the Act, the Issuer is authorized to enter into the transactions contemplated by this 2024D Loan Agreement and to carry out its obligations hereunder. Issuer has been duly authorized to execute and deliver this 2024D Loan Agreement. Issuer agrees that it will do or cause to be done all things within its control and necessary to preserve and keep in full force and effect its existence.
(b) Issuer agrees to provide funds from the issuance of the Series 2024D 20 Bonds to loan to the Borrower for financing of the Financed Project Costs for the benefit of the holders of the Bonds, to create additional employment opportunities in the Issuer and to benefit the health, safety, morals and general welfare of the citizens of the Issuer and the State of Indiana, and to secure the Bonds by pledging certain of its rights and interest in this 2024D Loan Agreement and the Series 2024D 20 Note to the Trustee.
(c) The ▇▇▇▇ Revenues have been properly and legally pledged by the Issuer represents that to the payment of the Lease Rentals Rental Payments under the Leases are payable from the Special Tax Revenues, or at the Redevelopment Commission’s option, any other revenues legally available to the Redevelopment Commission, including the TIF RevenuesLease.
(d) The Issuer represents that the Series 2024D 20 Note will be assigned to the Trustee pursuant to the 2024D Indenture, and that no further assignment is contemplated by the Issuer, since the Issuer recognizes that the Series 2024D 20 Note has not been registered under the Securities Act of 1933.
Appears in 2 contracts
Sources: Loan Agreement, Loan Agreement
Representations by Issuer. Issuer represents and warrants that:
(a) Issuer is a municipal corporation organized and existing under the laws of the State of Indiana. Under the provisions of the Act, the Issuer is authorized to enter into the transactions contemplated by this 2024D Loan Agreement and to carry out its obligations hereunder. Issuer has been duly authorized to execute and deliver this 2024D Loan Agreement. Issuer agrees that it will do or cause to be done all things within its control and necessary to preserve and keep in full force and effect its existence.
(b) Issuer agrees to provide funds from the issuance of the Series 2024D 2016A Bonds to loan to the Borrower for financing of the Financed Project Costs for the benefit of the holders of the Bonds, to create additional employment opportunities in the Issuer and to benefit the health, safety, morals and general welfare of the citizens of the Issuer and the State of Indiana, and to secure the Bonds by pledging certain of its rights and interest in this 2024D Loan Agreement and the Series 2024D 2016A Note to the Trustee.
(c) The Issuer represents that the Lease Rentals under the Leases are payable from the Special Tax Revenues, or at the Redevelopment Commission’s option, any other revenues legally available to the Redevelopment Commission, including the TIF Revenues.
(d) The Issuer represents that the Series 2024D 2016A Note will be assigned to the Trustee pursuant to the 2024D Indenture, and that no further assignment is contemplated by the Issuer, since the Issuer recognizes that the Series 2024D 2016A Note has not been registered under the Securities Act of 1933.
Appears in 1 contract
Sources: Loan Agreement
Representations by Issuer. Issuer represents and warrants that:
(a) Issuer is a municipal corporation organized and existing under the laws of the State of Indiana. Under the provisions of the Act, the Issuer is authorized to enter into the transactions contemplated by this 2024D Loan Agreement and to carry out its obligations hereunder. Issuer has been duly authorized to execute and deliver this 2024D Loan Agreement. Issuer agrees that it will do or cause to be done all things within its control and necessary to preserve and keep in full force and effect its existence.
(b) Issuer agrees to provide funds from the issuance of the Series 2024D 2018A Bonds to loan to the Borrower for financing of the Financed Project Costs for the benefit of the holders of the Bonds, to create additional employment opportunities in the Issuer and to benefit the health, safety, morals and general welfare of the citizens of the Issuer and the State of Indiana, and to secure the Bonds by pledging certain of its rights and interest in this 2024D Loan Agreement and the Series 2024D 2018A Note to the Trustee.
(c) The Issuer represents that the Lease Rentals under the Leases are payable from Tax Increment Revenues and the Special Tax Revenues, or at Revenues have been properly and legally pledged by the Redevelopment Commission’s option, any other revenues legally available Issuer to the Redevelopment Commission, including payment of the TIF RevenuesLease Rental Payments under the Lease.
(d) The Issuer represents that the Series 2024D 2018A Note will be assigned to the Trustee pursuant to the 2024D Indenture, and that no further assignment is contemplated by the Issuer, since the Issuer recognizes that the Series 2024D 2018A Note has not been registered under the Securities Act of 1933.
Appears in 1 contract
Sources: Loan Agreement
Representations by Issuer. Issuer represents and warrants that:
(a) Issuer is a municipal corporation organized and existing under the laws of the State of Indiana. Under the provisions of the Act, the Issuer is authorized to enter into the transactions contemplated by this 2024D Loan Agreement and to carry out its obligations hereunder. Issuer has been duly authorized to execute and deliver this 2024D Loan Agreement. Issuer agrees that it will do or cause to be done all things within its control and necessary to preserve and keep in full force and effect its existence.
(b) Issuer agrees to provide funds from the issuance of the Series 2024D 20 Bonds to loan to the Borrower for financing of the Financed Project Costs for the benefit of the holders of the Bonds, to create additional employment opportunities in the Issuer and to benefit the health, safety, morals and general welfare of the citizens of the Issuer and the State of Indiana, and to secure the Bonds by pledging certain of its rights and interest in this 2024D Loan Agreement and the Series 2024D 20 Note to the Trustee.
(c) The Issuer represents that the Lease Rentals under the Leases are payable from Tax Increment Revenues and the Special Tax Revenues, or at Revenues have been properly and legally pledged by the Redevelopment Commission’s option, any other revenues legally available Issuer to the Redevelopment Commission, including payment of the TIF RevenuesLease Rental Payments under the Lease.
(d) The Issuer represents that the Series 2024D 20 Note will be assigned to the Trustee pursuant to the 2024D Indenture, and that no further assignment is contemplated by the Issuer, since the Issuer recognizes that the Series 2024D 20 Note has not been registered under the Securities Act of 1933.. that:
Appears in 1 contract
Sources: Loan Agreement
Representations by Issuer. Issuer represents and warrants that:
(a) Issuer is a municipal corporation organized and existing under the laws of the State of Indiana. Under the provisions of the Act, the Issuer is authorized to enter into the transactions contemplated by this 2024D Loan Agreement and to carry out its obligations hereunder. Issuer has been duly authorized to execute and deliver this 2024D Loan Agreement. Issuer agrees that it will do or cause to be done all things within its control and necessary to preserve and keep in full force and effect its existence.
(b) Issuer agrees to provide funds from the issuance of the Series 2024D 20 Bonds to loan to the Borrower for financing of the Financed Project Costs for the benefit of the holders of the Bonds, to create additional employment opportunities in the Issuer and to benefit the health, safety, morals and general welfare of the citizens of the Issuer and the State of Indiana, and to secure the Bonds by pledging certain of its rights and interest in this 2024D Loan Agreement and the Series 2024D 20 Note to the Trustee.
(c) The LIT Revenues have been properly and legally pledged by the Issuer represents that to the payment of the Lease Rentals Rental Payments under the Leases are payable from the Special Tax Revenues, or at the Redevelopment Commission’s option, any other revenues legally available to the Redevelopment Commission, including the TIF RevenuesLease.
(d) The Issuer represents that the Series 2024D 20 Note will be assigned to the Trustee pursuant to the 2024D Indenture, and that no further assignment is contemplated by the Issuer, since the Issuer recognizes that the Series 2024D 20 Note has not been registered under the Securities Act of 1933.
Appears in 1 contract
Sources: Loan Agreement
Representations by Issuer. Issuer represents and warrants that:
(a) Issuer is a municipal corporation organized and existing under the laws of the State of Indiana. Under the provisions of the Act, the Issuer is authorized to enter into the transactions contemplated by this 2024D Loan Agreement and to carry out its obligations hereunder. Issuer has been duly authorized to execute and deliver this 2024D Loan Agreement. Issuer agrees that it will do or cause to be done all things within its control and necessary to preserve and keep in full force and effect its existence.
(b) Issuer agrees to provide funds from the issuance of the Series 2024D 20 Bonds to loan to the Borrower for financing of the Financed Project Costs for the benefit of the holders of the Bonds, to create additional employment opportunities in the Issuer and to benefit the health, safety, morals and general welfare of the citizens of the Issuer and the State of Indiana, and to secure the Bonds by pledging certain of its rights and interest in this 2024D Loan Agreement and the Series 2024D 20 Note to the Trustee.
(c) The Issuer represents that the Lease Rentals under the Leases are payable from the Special Tax Revenues, or at the Redevelopment Commission’s option, any other revenues legally available to the Redevelopment Commission, including the TIF Revenues.
(d) The Issuer represents that the Series 2024D 20 Note will be assigned to the Trustee pursuant to the 2024D Indenture, and that no further assignment is contemplated by the Issuer, since the Issuer recognizes that the Series 2024D 20 Note has not been registered under the Securities Act of 1933.
Appears in 1 contract
Sources: Loan Agreement
Representations by Issuer. Issuer represents and warrants that:
(a) Issuer is a municipal corporation organized and existing under the laws of the State of Indiana. Under the provisions of the Act, the Issuer is authorized to enter into the transactions contemplated by this 2024D Loan Agreement and to carry out its obligations hereunder. Issuer has been duly authorized to execute and deliver this 2024D Loan Agreement. Issuer agrees that it will do or cause to be done all things within its control and necessary to preserve and keep in full force and effect its existence.
(b) Issuer agrees to provide funds from the issuance of the Series 2024D 2018B Bonds to loan to the Borrower for financing of the Financed Project Costs for the benefit of the holders of the Bonds, to create additional employment opportunities in the Issuer and to benefit the health, safety, morals and general welfare of the citizens of the Issuer and the State of Indiana, and to secure the Bonds by pledging certain of its rights and interest in this 2024D Loan Agreement and the Series 2024D 2018B Note to the Trustee.
(c) The Issuer represents that the Lease Rentals under the Leases are payable from Tax Increment Revenues and the Special Tax Revenues, or at Revenues have been properly and legally pledged by the Redevelopment Commission’s option, any other revenues legally available Issuer to the Redevelopment Commission, including payment of the TIF RevenuesLease Rental Payments under the Lease.
(d) The Issuer represents that the Series 2024D 2018B Note will be assigned to the Trustee pursuant to the 2024D Indenture, and that no further assignment is contemplated by the Issuer, since the Issuer recognizes that the Series 2024D 2018B Note has not been registered under the Securities Act of 1933.
Appears in 1 contract
Sources: Loan Agreement