Common use of Representations, Covenants and Warranties of the Board Clause in Contracts

Representations, Covenants and Warranties of the Board. The Board represents, covenants and warrants for the benefit of the Authority and the Trustee as follows: (a) The Board is a duly existing political subdivision and body corporate and politic within the State under the Constitution and laws of the State. Under the provisions of the Constitution and laws of the State, the Board is authorized to enter into the transactions contemplated by this Ground Lease and to carry out its obligations hereunder. The Board has duly authorized and approved the execution and delivery of this Ground Lease. (b) The Board warrants that it holds the fee simple interest in the Series 2024 Property, and that all the Series 2024 Property is free from any encumbrances other than Permitted Encumbrances.

Representations, Covenants and Warranties of the Board. The Board represents, covenants and warrants for the benefit of the Authority and the Trustee as follows: (a) The Board is a duly existing political subdivision and body corporate and politic within the State under the Constitution and laws of the State. Under the provisions of the Constitution and laws of the State, the Board is authorized to enter into the transactions contemplated by this Ground Lease and to carry out its obligations hereunder. The Board has duly authorized and approved the execution and delivery of this Ground Lease. (b) The Board warrants that it holds the fee simple interest in the Series 2024 2024B Property, and that all the Series 2024 2024B Property is free from any encumbrances other than Permitted Encumbrances.

Representations, Covenants and Warranties of the Board. The Board represents, covenants and warrants for the benefit of the Authority and the Trustee as follows: (a) The Board is a duly existing political subdivision and body corporate and politic within the State under the Constitution and laws of the State. Under the provisions of the Constitution and laws of the State, the Board is authorized to enter into the transactions contemplated by this Ground Lease and to carry out its obligations hereunder. The Board has duly authorized and approved the execution and delivery of this Ground Lease. (b) The Board warrants that it holds the fee simple interest in the Series 2024 2021 Property, and that all the Series 2024 2021 Property is free from any encumbrances other than Permitted Encumbrances.