Continuing Disclosure Certificate. The Continuing Disclosure Certificate, duly executed by the District;
Continuing Disclosure Certificate. An executed copy of the Continuing Disclosure Certificate, substantially in the form presented in the Official Statement as Appendix C thereto;
Continuing Disclosure Certificate. In order to enable the Underwriters to comply with the Rule, the City will execute a Continuing Disclosure Certificate, pursuant to which the City will provide annual financial information and notices of the occurrence of specified events, concurrently with issuance of the Bonds substantially in the form attached as Appendix F to the Preliminary Official Statement and the Official Statement (the “Continuing Disclosure Certificate”).
Continuing Disclosure Certificate. The term “
Continuing Disclosure Certificate. The City hereby covenants and agrees that it will, to the extent allowed by applicable law, comply with and carry out all provisions of the Continuing Disclosure Certificate to be executed by the City and dated as of the date of issuance and delivery of the Bonds, as originally executed and as it may be amended from time to time in accordance with its terms (the “Disclosure Certificate”). Notwithstanding any other provision of this Agreement, failure of the City to comply with the Disclosure Certificate shall not be considered a default hereunder, and under no circumstances shall such failure affect the validity or the security for the payment of the Bonds. It is expressly provided, however, that any beneficial owner of the Bonds may take such action, to the extent and in such manner as may be allowed by applicable law, as may be necessary and appropriate, including seeking mandamus or specific performance by court order, to cause the City to comply with its obligations under this Section. The cost to the City of performing its obligations set forth in this Section shall be paid solely from the funds lawfully available for such purpose.
Continuing Disclosure Certificate. To assist the Underwriter in complying with the Rule, the District will undertake, pursuant to the Bond Resolution and Continuing Disclosure Certificate, to provide annual reports and notices of certain events. A description of this undertaking is set forth in the Preliminary Official Statement and will also be set forth in the Official Statement. Based on a review of its prior undertakings under Rule 15c2-12(b)(5), and except as otherwise disclosed in the Official Statement, the Continuing Disclosure Certificate shall comply with the provisions of Rule 15c2- 12(b)(5) and be in substantially the form set forth in the Official Statement. The District has, within the last 5 years, failed to make certain filings in a timely manner in connection with prior undertakings pursuant to the Rule. The District is now current in such filings, and has taken steps to ensure that a dissemination agent has been appointed to make future filings in a timely manner.
Continuing Disclosure Certificate. A Continuing Disclosure Certificate of the District in substantially the form given in the Preliminary Official Statement.
Continuing Disclosure Certificate. In order to enable the Underwriter to comply with the Rule, the District will execute a Continuing Disclosure Certificate concurrently with issuance of the Notes substantially in the form attached as Appendix [ ] to the Preliminary Official Statement and the Official Statement (the “Continuing Disclosure Certificate”).
Continuing Disclosure Certificate. The County hereby covenants for the benefit of the owners of the Series 2022 Bonds and the Underwriter of the Series 2022 Bonds to comply with its obligations under a Continuing Disclosure Certificate, to be entered into in connection with the issuance of the Series 2022 Bonds, to assist the Underwriter in complying with its obligations under Rule 15c2-12 of the Securities Exchange Act of 1934, as amended. A breach of this covenant shall not be deemed to be an event of default hereunder, and the sole remedy under this Contract shall be an action to compel performance.
Continuing Disclosure Certificate. The official statement provides comprehensive disclosure to investors at the time bonds are initially sold. In the interest of requiring more up-to-date information to be provided to investors, the SEC also requires bond underwriters, before the underwriters can agree to underwrite a bond transaction, to secure written undertakings from the issuer and other “obligated persons” to provide continuing disclosure of certain enumerated events and key credit information. The continuing disclosure certificate requires the City to annually collect and disseminate to the SEC via an on-line, electronic filing system, known as the Electronic Municipal Market Access system, or “EMMA” (xxxx://xxxx.xxxx.xxx/), maintained by the Preliminary, as of 12/8/11 Municipal Securities Rulemaking Board (MSRB), information regarding bonds outstanding and fund balances, assessed valuation of parcels securing the bonds, special tax delinquency rates and information regarding delinquent parcels, significant changes in land use entitlements relating to parcels securing the bonds, significant challenges to the development of the property comprising the project, building permits and certificates of occupancy issued for parcels in the District, copies of reports required to be filed by the District with the California Debt and Investment Advisory Commission, and the occurrence of certain significant events (all of which are listed) relating to the security provided to investors.
