1994-05-17 Resolution 91 - Laserfiche WebLink

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permits, 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; 6) There is no action, suit, proceeding, inquiry or investigation of any nature, at law or in equity, before or by any court, governmental agency, public board or body pending or, to the knowledge of the Issuer, threatened, seeking to restrain or enjoin the issuance, sale, execution or delivery of the Bonds or the performance of any of the covenants contained in this Contract or in any way questioning or affecting (i) the transactions contemplated by the Bonds, the Resolutions, this Contract, the Trust Agreement, the Lease or the Official Statement, (ii) the right or authority of the Issuer to pay the Bonds, the right or authority of the Commission to pay rentals under the Lease or the right or authority of the Issuer. or the Commission to otherwise carry out the terms and provisions of the Resolutions, the Bonds, this Contract, the Trust Agreement, the Lease, or (iii) the validity of the Bonds, this Contract, the Trust Agreement or the Lease; and neither the existence of the Issuer or the Commission nor the right of the officers or directors of the Issuer or the Commission are being contested, and no authority or proceeding for the issuance of the Bonds has been repealed, revoked or rescinded; (k) As of the Closing Date, the total outstanding indebtedness of the issuer will not exceed any applicable constitutional or statutory limitation on such indebtedness; (1) The Issuer shall furnish such information, execute such instruments and take such other action in cooperation with the Representative as the Representative may reasonably • request in order to (i) qualify the Bonds for offer and sale under the blue sky or other securities laws and regulations of such states and other jurisdictions of the United States as the Underwriters may designate and (ii) determine the eligibility of the Bonds for investment under the laws of such states and other jurisdictions, and shall use its best efforts to continue such qualifications in effect as requested by the Representative so long as required for the distribution of the Bonds; provided, however, that the Issuer shall not be required to execute a general or special consent to service of process or qualify to do business in connection with any such qualification or determination in any jurisdiction; (m) As of the date thereof and at all times subsequent thereto until and including the date hereof, the Preliminary Official Statement did not and does not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances in which they were made, not misleading; (n) As of the date hereof and at all times subsequent thereto until and including the Closing Date, the Official Statement, together with any and all amendments and supplements thereto pursuant to paragraph (o) of this Section 5, does not and will not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances in which they were made, not misleading; (o) If between the date of this Contract and the Closing Date any event occurs • which might cause the Official Statement to contain an untrue statement of a material fact or to omit to state a material fact required to be stated therein or necessary to make the -4-