Representations of Developer. As of the date hereof, Developer hereby represents and warrants to District as follows: (a) This Covenant has been duly executed and delivered by Developer, and constitutes the legal, valid and binding obligation of Developer, enforceable against Developer, and its successors and assigns, in accordance with its terms; (b) Neither the entering into of this Covenant nor performance hereunder will constitute or result in a violation or breach by Developer of any agreement or order which is binding on Developer; and (c) Developer (i) is duly organized, validly existing and in good standing under the laws of its state of jurisdiction and is qualified to do business and is in good standing under the laws of the District of Columbia; (ii) is authorized to perform under this Covenant; and (iii) has all necessary power to execute and deliver this Covenant.
Appears in 2 contracts
Sources: Affordable Housing Covenant, Affordable Housing Covenant
Representations of Developer. As of the date hereof, Developer hereby represents and warrants to District as follows:
(a) This Covenant has been duly executed and delivered by Developer, and constitutes the legal, valid and binding obligation of Developer, enforceable against Developer, and its successors and assigns, in accordance with its terms;
(b) Neither the entering into of this Covenant nor performance hereunder will constitute or result in a violation or breach by Developer of any agreement or order which is binding on Developer; and
(c) Developer (i) is duly organized, validly existing and in good standing under the laws of its state jurisdiction of jurisdiction organization and is qualified to do business and is in good standing under the laws of the District of Columbia; (ii) is authorized to perform under this Covenant; and (iii) has all necessary power to execute and deliver this Covenant.
Appears in 1 contract
Sources: Affordable Housing Covenant
Representations of Developer. As of the date hereof, the Developer hereby represents and warrants to District as follows:
(a) This Covenant has been duly executed and delivered by the Developer, and constitutes the legal, valid and binding obligation of the Developer, enforceable against the Developer, and its successors and assigns, in accordance with its terms;
(b) Neither the entering into of this Covenant nor performance hereunder will constitute or result in a violation or breach by Developer of any agreement or order which is binding on the Developer; and
(c) The Developer (i) is duly organized, validly existing and in good standing under the laws of its state of jurisdiction and is qualified to do business and is in good standing under the laws of the District of Columbia; , (ii) is authorized to perform under this Covenant; Covenant and (iii) has all necessary power to execute and deliver this Covenant.
Appears in 1 contract
Sources: Affordable Housing Covenant