Common use of REPRESENTATIONS AND COVENANTS OF BORROWER Clause in Contracts

REPRESENTATIONS AND COVENANTS OF BORROWER. SECTION 2.01. Representations of Borrower 6 SECTION 2.02. Particular Covenants of Borrower 10 ARTICLE III LOAN TO BORROWER; AMOUNTS PAYABLE; GENERAL AGREEMENTS SECTION 3.01. Loan; Loan Term 19 SECTION 3.02. Disbursement of Loan Proceeds 19 SECTION 3.03. Amounts Payable 20 SECTION 3.03A. Amounts on Deposit in Project Loan Account After Completion of Project Draws 21 SECTION 3.04. Unconditional Obligations 23 SECTION 3.05. Loan Agreement to Survive Bond Resolution and Trust Bonds 24 SECTION 3.06. Disclaimer of Warranties and Indemnification 24 SECTION 3.07. Option to Prepay Loan Repayments 25 SECTION 3.08. Priority of Loan and Fund Loan 26 SECTION 3.09. Approval of the New Jersey State Treasurer 26 ARTICLE IV

REPRESENTATIONS AND COVENANTS OF BORROWER. SECTION 2.01. Representations of Borrower 6 SECTION 2.02. Particular Covenants of Borrower 10 9 ARTICLE III LOAN TO BORROWER; AMOUNTS PAYABLE; GENERAL AGREEMENTS SECTION 3.01. Loan; Loan Term 19 20 SECTION 3.02. Disbursement of Loan Proceeds 19 20 SECTION 3.03. Amounts Payable 20 21 SECTION 3.03A. Amounts Unexpended Project Funds on Deposit in Project Loan Account After Completion of Project Draws 21 23 SECTION 3.04. Unconditional Obligations 23 24 SECTION 3.05. Loan Agreement to Survive Bond Resolution Indenture and Trust I-Bank Bonds 24 SECTION 3.06. Disclaimer of Warranties and Indemnification 24 SECTION 3.07. Option to Prepay Loan Repayments 25 SECTION 3.08. Priority of Loan and Fund Loan 26 SECTION 3.09. Approval of the New Jersey State Treasurer 26 27 ARTICLE IV

REPRESENTATIONS AND COVENANTS OF BORROWER. SECTION 2.01. Representations of Borrower 6 SECTION 2.02. Particular Covenants of Borrower 10 ARTICLE III LOAN TO BORROWER; AMOUNTS PAYABLE; GENERAL AGREEMENTS SECTION 3.01. Loan; Loan Term 19 SECTION 3.02. Disbursement of Loan Proceeds 19 20 SECTION 3.03. Amounts Payable 20 21 SECTION 3.03A. Amounts on Deposit in Project Loan Account After Completion of Project Draws 21 23 SECTION 3.04. Unconditional Obligations 23 24 SECTION 3.05. Loan Agreement to Survive Bond Resolution and Trust Bonds 24 25 SECTION 3.06. Disclaimer of Warranties and Indemnification 24 25 SECTION 3.07. Option to Prepay Loan Repayments 25 26 SECTION 3.08. Priority of Loan and Fund Loan 26 27 SECTION 3.09. Approval of the New Jersey State Treasurer 26 27 ARTICLE IV

REPRESENTATIONS AND COVENANTS OF BORROWER. SECTION 2.01. Representations of Borrower 6 SECTION 2.02. Particular Covenants of Borrower 10 ARTICLE III LOAN TO BORROWER; AMOUNTS PAYABLE; GENERAL AGREEMENTS SECTION 3.01. Loan; Loan Term 19 SECTION 3.02. Disbursement of Loan Proceeds 19 SECTION 3.03. Amounts Payable 20 SECTION 3.03A. Amounts on Deposit in Project Loan Account After Completion of Project Draws 21 SECTION 3.04. Unconditional Obligations 23 SECTION 3.05. Loan Agreement to Survive Bond Resolution and Trust Bonds 24 SECTION 3.06. Disclaimer of Warranties and Indemnification 24 SECTION 3.07. Option to Prepay Loan Repayments 25 SECTION 3.08. Priority of Loan and Fund Loan 26 25 SECTION 3.09. Approval of the New Jersey State Treasurer 26 ARTICLE IV

REPRESENTATIONS AND COVENANTS OF BORROWER. SECTION 2.01. Representations of Borrower 6 7 SECTION 2.02. Particular Covenants of Borrower 10 11 ARTICLE III LOAN TO BORROWER; AMOUNTS PAYABLE; GENERAL AGREEMENTS SECTION 3.01. Loan; Loan Term 19 20 SECTION 3.02. Disbursement of Loan Proceeds 19 20 SECTION 3.03. Amounts Payable 20 21 SECTION 3.03A. Amounts on Deposit in Project Loan Account After after Completion of Project Draws 21 22 SECTION 3.04. Unconditional Obligations 23 SECTION 3.05. Loan Agreement to Survive Bond Resolution and Trust Bonds 24 SECTION 3.06. Disclaimer of Warranties and Indemnification 24 SECTION 3.07. Option to Prepay Loan Repayments 25 SECTION 3.08. Priority of Loan and Fund Loan 26 SECTION 3.09. Approval of the New Jersey State Treasurer 26 ARTICLE IV

REPRESENTATIONS AND COVENANTS OF BORROWER. SECTION 2.01. Representations of Borrower 6 SECTION 2.02. Particular Covenants of Borrower 10 ARTICLE III LOAN TO BORROWER; AMOUNTS PAYABLE; GENERAL AGREEMENTS SECTION 3.01. Loan; Loan Term 19 20 SECTION 3.02. Disbursement of Loan Proceeds 19 20 SECTION 3.03. Amounts Payable 20 21 SECTION 3.03A. Amounts on Deposit in Project Loan Account After Completion of Project Draws 21 22 SECTION 3.04. Unconditional Obligations 23 SECTION 3.05. Loan Agreement to Survive Bond Resolution and Trust Bonds 24 SECTION 3.06. Disclaimer of Warranties and Indemnification 24 25 SECTION 3.07. Option to Prepay Loan Repayments 25 26 SECTION 3.08. Priority of Loan and Fund Loan 26 SECTION 3.09. Approval of the New Jersey State Treasurer 26 27 ARTICLE IV

REPRESENTATIONS AND COVENANTS OF BORROWER. SECTION 2.01. Representations of Borrower 6 SECTION 2.02. Particular Covenants of Borrower 10 9 ARTICLE III LOAN TO BORROWER; AMOUNTS PAYABLE; GENERAL AGREEMENTS SECTION 3.01. Loan; Loan Term 19 SECTION 3.02. Disbursement of Loan Proceeds 19 SECTION 3.03. Amounts Payable 20 SECTION 3.03A. Amounts Unexpended Project Funds on Deposit in Project Loan Account After Completion of Project Draws 21 22 SECTION 3.04. Unconditional Obligations 23 SECTION 3.05. Loan Agreement to Survive Bond Resolution Indenture and Trust I-Bank Bonds 24 SECTION 3.06. Disclaimer of Warranties and Indemnification 24 SECTION 3.07. Option to Prepay Loan Repayments 25 SECTION 3.08. Priority of Loan and Fund Loan 26 SECTION 3.09. Approval of the New Jersey State Treasurer 26 ARTICLE IV

REPRESENTATIONS AND COVENANTS OF BORROWER. SECTION 2.01. Representations of Borrower 6 SECTION 2.02. Particular Covenants of Borrower 10 9 ARTICLE III LOAN TO BORROWER; AMOUNTS PAYABLE; GENERAL AGREEMENTS SECTION 3.01. Loan; Loan Term 19 14 SECTION 3.02. Disbursement of Loan Proceeds 19 15 SECTION 3.03. Amounts Payable 20 16 SECTION 3.03A. Amounts on Deposit in Project Loan Account After after Completion of Project Draws 21 17 SECTION 3.04. Unconditional Obligations 23 17 SECTION 3.05. Loan Agreement to Survive Bond Resolution and Trust Bonds 24 Loan 18 SECTION 3.06. Disclaimer of Warranties and Indemnification 24 18 SECTION 3.07. Option to Prepay Loan Repayments 25 19 SECTION 3.08. Priority of Loan and Fund Trust Loan 26 19 SECTION 3.09. Approval of the New Jersey State Treasurer 26 20 ARTICLE IV

REPRESENTATIONS AND COVENANTS OF BORROWER. SECTION 2.01. Representations of Borrower 6 7 SECTION 2.02. Particular Covenants of Borrower 10 11 ARTICLE III LOAN TO BORROWER; AMOUNTS PAYABLE; GENERAL AGREEMENTS SECTION 3.01. Loan; Loan Term 19 20 SECTION 3.02. Disbursement of Loan Proceeds 19 20 SECTION 3.03. Amounts Payable 20 SECTION 3.03A. Amounts on Deposit in Project Loan Account After Completion of Project Draws 21 SECTION 3.04. Unconditional Obligations 23 22 SECTION 3.05. Loan Agreement to Survive Bond Resolution and Trust Bonds 24 23 SECTION 3.06. Disclaimer of Warranties and Indemnification 24 23 SECTION 3.07. Option to Prepay Loan Repayments 25 24 SECTION 3.08. Priority of Loan and Fund Loan 26 25 SECTION 3.09. Approval of the New Jersey State Treasurer 26 25 ARTICLE IV

REPRESENTATIONS AND COVENANTS OF BORROWER. SECTION 2.01. Representations of Borrower 6 SECTION 2.02. Particular Covenants of Borrower 10 9 ARTICLE III LOAN TO BORROWER; AMOUNTS PAYABLE; GENERAL AGREEMENTS SECTION 3.01. Loan; Loan Term 19 13 SECTION 3.02. Disbursement of Loan Proceeds 19 13 SECTION 3.03. Amounts Payable 20 14 SECTION 3.03A. Amounts on Deposit in Project Loan Account After after Completion of Project Draws 21 Draw Schedule 15 SECTION 3.04. Unconditional Obligations 23 15 SECTION 3.05. Loan Agreement to Survive Bond Resolution and Trust Bonds 24 Loan 16 SECTION 3.06. Disclaimer of Warranties and Indemnification 24 16 SECTION 3.07. Option to Prepay Loan Repayments 25 17 SECTION 3.08. Priority of Loan and Fund Trust Loan 26 17 SECTION 3.09. Approval of the New Jersey State Treasurer 26 18 ARTICLE IV

REPRESENTATIONS AND COVENANTS OF BORROWER. SECTION 2.01. Representations of Borrower 6 7 SECTION 2.02. Particular Covenants of Borrower 10 11 ARTICLE III LOAN TO BORROWER; AMOUNTS PAYABLE; GENERAL AGREEMENTS SECTION 3.01. Loan; Loan Term 19 22 SECTION 3.02. Disbursement of Loan Proceeds 19 22 SECTION 3.03. Amounts Payable 20 23 SECTION 3.03A. Amounts Unexpended Project Funds on Deposit in Project Loan Account After Completion of Project Draws 21 25 SECTION 3.04. Unconditional Obligations 23 26 SECTION 3.05. Loan Agreement to Survive Bond Resolution Indenture and Trust I-Bank Bonds 24 26 SECTION 3.06. Disclaimer of Warranties and Indemnification 24 26 SECTION 3.07. Option to Prepay Loan Repayments 25 28 SECTION 3.08. Priority of Loan and Fund Loan 26 28 SECTION 3.09. Approval of the New Jersey State Treasurer 26 29 ARTICLE IV

REPRESENTATIONS AND COVENANTS OF BORROWER. SECTION 2.01. Representations of Borrower 6 SECTION 2.02. Particular Covenants of Borrower 10 9 ARTICLE III LOAN TO BORROWER; AMOUNTS PAYABLE; GENERAL AGREEMENTS SECTION 3.01. Loan; Loan Term 19 14 SECTION 3.02. Disbursement of Loan Proceeds 19 15 SECTION 3.03. Amounts Payable 20 16 SECTION 3.03A. Amounts on Deposit in Project Loan Account After after Completion of Project Draws 21 17 SECTION 3.04. Unconditional Obligations 23 17 SECTION 3.05. Loan Agreement to Survive Bond Resolution and Trust Bonds 24 Loan 18 SECTION 3.06. Disclaimer of Warranties and Indemnification 24 18 SECTION 3.07. Option to Prepay Loan Repayments 25 19 SECTION 3.08. Priority of Loan and Fund I-Bank Loan 26 19 SECTION 3.09. Approval of the New Jersey State Treasurer 26 20 ARTICLE IV

REPRESENTATIONS AND COVENANTS OF BORROWER. SECTION 2.01. Representations of Borrower 6 SECTION 2.02. Particular Covenants of Borrower 10 ARTICLE III LOAN TO BORROWER; AMOUNTS PAYABLE; GENERAL AGREEMENTS SECTION 3.01. Loan; Loan Term 19 18 SECTION 3.02. Disbursement of Loan Proceeds 19 18 SECTION 3.03. Amounts Payable 20 19 SECTION 3.03A. Amounts on Deposit in Project Loan Account After after Completion of Project Draws 21 Draw Schedule 20 SECTION 3.04. Unconditional Obligations 23 21 SECTION 3.05. Loan Agreement to Survive Bond Resolution and Trust Bonds 24 22 SECTION 3.06. Disclaimer of Warranties and Indemnification 24 22 SECTION 3.07. Option to Prepay Loan Repayments 25 23 SECTION 3.08. Priority of Loan and Fund Loan 26 24 SECTION 3.09. Approval of the New Jersey State Treasurer 26 24 ARTICLE IV

REPRESENTATIONS AND COVENANTS OF BORROWER. SECTION 2.01. Representations of Borrower 6 5 SECTION 2.02. Particular Covenants of Borrower 10 8 ARTICLE III LOAN TO BORROWER; AMOUNTS PAYABLE; GENERAL AGREEMENTS SECTION 3.01. Loan; Loan Term 19 13 SECTION 3.02. Disbursement of Loan Proceeds 19 13 SECTION 3.03. Amounts Payable 20 14 SECTION 3.03A. Amounts on Deposit in Project Loan Account After Proceeds after Completion of Project Draws 21 15 SECTION 3.04. Unconditional Obligations 23 15 SECTION 3.05. Loan Agreement to Survive Bond Resolution and Trust Bonds 24 Loan 16 SECTION 3.06. Disclaimer of Warranties and Indemnification 24 16 SECTION 3.07. Option to Prepay Loan Repayments 25 17 SECTION 3.08. Priority of Loan and Fund Trust Loan 26 17 SECTION 3.09. Approval of the New Jersey State Treasurer 26 18 ARTICLE IV

REPRESENTATIONS AND COVENANTS OF BORROWER. SECTION 2.01. Representations of Borrower 6 7 SECTION 2.02. Particular Covenants of Borrower 10 11 ARTICLE III LOAN TO BORROWER; AMOUNTS PAYABLE; GENERAL AGREEMENTS SECTION 3.01. Loan; Loan Term 19 21 SECTION 3.02. Disbursement of Loan Proceeds 19 22 SECTION 3.03. Amounts Payable 20 23 SECTION 3.03A. Amounts on Deposit in Project Loan Account After Completion of Project Draws 21 25 SECTION 3.04. Unconditional Obligations 23 27 SECTION 3.05. Loan Agreement to Survive Bond Resolution and Trust I-Bank Bonds 24 28 SECTION 3.06. Disclaimer of Warranties and Indemnification 24 28 SECTION 3.07. Option to Prepay Loan Repayments 25 29 SECTION 3.08. Priority of Loan and Fund Loan 26 30 SECTION 3.09. Approval of the New Jersey State Treasurer 26 30 ARTICLE IV