Charter School Requirements Clause Samples

Charter School Requirements. The School is operating as a charter school and has and/or will comply in all material respects with all Charter School Requirements. It is hereby certified and recited that all acts, conditions and things required by law, precedent to and in the issuance of these obligations have been done, exist and have happened in regular and due time and form as required by law, and that the total indebtedness of Borrower, including these obligations, does not exceed any constitutional or statutory limitation. The execution, delivery and performance of ▇▇▇▇▇▇▇▇’s obligations under this Agreement and the other Loan Documents by ▇▇▇▇▇▇▇▇, and the transactions and other documents contemplated thereby are authorized under, and do not and will not contravene, the Charter School Requirements.