Common use of Status of the Project Clause in Contracts

Status of the Project. The Borrower represents that the description of the Project set forth in the Tax Agreement was true, correct and complete as of March 31, 2020. The Borrower further represents that as of March 31, 2020, there had been no changes to the Project since the date the Bonds were issued on August 14, 2012 or since the date the Project was placed in service and that all of the components of the Project were at that time still located and operated exclusively in ▇▇▇▇▇ County, Iowa. The Owner represents that the description of the Project set forth in the Tax Agreement is true, correct and complete in all material respects as of the date hereof. The Owner further represents that as of the date hereof, there have been no material changes to the Project since March 31, 2020 and that all of the components of the Project are still located and operated exclusively in ▇▇▇▇▇ County, Iowa. The Owner and the Prospective Owner each represents that there will be no change to the location and operation of the Project as a result of the Transaction.