Common use of Validity of Bonds Clause in Contracts

Validity of Bonds. The validity of the authorization and issuance of the Bonds is not dependent on and shall not be affected in any way by any proceedings taken by the Authority or the Trustee with respect to or in connection with the Loan Agreement. The recital contained in the Bonds that the same are issued pursuant to the Act and the Constitution and laws of the State shall be conclusive evidence of their validity and of compliance with the provisions of law in their issuance.

Appears in 3 contracts

Samples: Indenture, Indenture, Indenture

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Validity of Bonds. The validity of the authorization and issuance of the Bonds is not dependent on and shall not be affected in any way by any proceedings taken by the Authority or the Trustee City with respect to or in connection with the Loan Agreement. The application of the proceeds of the Bonds, and the recital contained in the Bonds that the same are issued pursuant to the Act and the Constitution and laws of the State Bond Law shall be conclusive evidence of their validity and of compliance with the provisions regularity of law in their issuance.

Appears in 3 contracts

Samples: mccmeetingspublic.blob.core.usgovcloudapi.net, mccmeetingspublic.blob.core.usgovcloudapi.net, Fiscal Agent Agreement

Validity of Bonds. The validity of the authorization and issuance of the Bonds is not dependent on and shall not be affected in any way by any proceedings taken by the Authority or the Trustee with respect to or in connection with the Loan AgreementLease. The recital contained in the Bonds that the same are issued pursuant to the Act and the Constitution and laws of the State shall be conclusive evidence of their validity and of compliance with the provisions of law in their issuance.

Appears in 2 contracts

Samples: Master Indenture, Indenture

Validity of Bonds. The validity of the authorization and issuance of the Bonds is not dependent on and shall not be affected in any way by any proceedings taken by the Authority or the Trustee with respect to or in connection with the Loan Agreement. The application of the proceeds of the Bonds, and the recital contained in the Bonds that the same are issued pursuant to the Act and the Constitution and laws of the State Bond Law shall be conclusive evidence of their validity and of compliance with the provisions regularity of law in their issuance.

Appears in 2 contracts

Samples: citydocs.cityoforange.org, Indenture

Validity of Bonds. The validity of the authorization and issuance of the Bonds is not dependent on upon, and shall not be affected in any way by by, any proceedings taken by the Authority or the Trustee with respect to to, or in connection with with, the Loan Agreement. The recital contained in the Bonds that the same are issued pursuant to the Act and the Constitution and laws of the State Commonwealth shall be conclusive evidence of their validity and of compliance with the all provisions of law in their issuance.

Appears in 2 contracts

Samples: Loan Agreement (Gateway Trade Center Inc.), Loan Agreement (Gateway Trade Center Inc.)

Validity of Bonds. The validity of the authorization and issuance of the Bonds is not dependent on and shall not be affected in any way by of any proceedings taken by the Authority or the Trustee District with respect to or in connection with the Loan Agreement. The application of the proceeds of the sale of the District Bonds, and the recital contained in the Bonds that the same are issued pursuant to the Act and the Constitution and laws of the State Bond Law shall be conclusive evidence of their validity and of compliance with the provisions regularity of law in their issuance.

Appears in 1 contract

Samples: Escrow Deposit and Trust Agreement

Validity of Bonds. The validity of the authorization and issuance of the Bonds is not dependent on and shall not be affected in any way by any proceedings taken by the Authority or the Trustee with respect to or in connection with the Loan Agreement. The recital contained in the Bonds that the same are issued pursuant to the Act and the Constitution and laws of the State shall be conclusive evidence of their validity and of compliance with the all provisions of law in their issuance.

Appears in 1 contract

Samples: Loan Agreement (Lannett Co Inc)

Validity of Bonds. The validity of the authorization and issuance of the Bonds is not dependent on and shall not be affected in any way by any proceedings taken by the Authority or the Trustee with respect to or in connection with the Loan Agreement. The recital contained in the Bonds that the same are issued pursuant to the Act and the Constitution and laws of the State shall be conclusive evidence of their validity and of compliance with the provisions of law in their issuance.

Appears in 1 contract

Samples: California Pollution Control (SJW Corp)

Validity of Bonds. The validity of the authorization and issuance of the Bonds is not dependent on and shall not be affected in any way by any proceedings taken by the Authority or the Trustee with respect to or in connection with the Loan Installment Sale Agreement. The recital contained in the Bonds that the same are issued pursuant to the Act and the Constitution and laws of the State shall be conclusive evidence of their validity and of compliance with the provisions of law in their issuance.

Appears in 1 contract

Samples: Indenture

Validity of Bonds. The validity of the authorization and issuance of the Bonds is not dependent on and shall not be affected in any way by any proceedings taken by the Authority or the Trustee with respect to or in connection with the Loan Agreement. The recital contained in the Bonds that the same are issued pursuant to the Act and the Constitution and laws of the State Commonwealth shall be conclusive evidence of their validity and of compliance with the all provisions of law in their issuance.

Appears in 1 contract

Samples: Loan Agreement (Gateway Trade Center Inc.)

Validity of Bonds. The validity of the authorization and issuance of the Bonds is not dependent on and shall not be affected in any way by any proceedings taken by the Authority or the Trustee with respect to or in connection with the Loan Agreement. The application of the Bond proceeds, and the recital contained in the Bonds that the same are issued issued‌ pursuant to the Act and the Constitution and laws of the State shall be conclusive evidence of their validity and of compliance with the provisions regularity of law in their issuance.

Appears in 1 contract

Samples: Indenture

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Validity of Bonds. The validity of the authorization and issuance of the Bonds is not dependent on and shall not be affected in any way by any proceedings taken by the Authority Agency or the Trustee with respect to or in connection with the Loan Lease Agreement. The recital contained in the Bonds that the same are issued pursuant to the Act and the Constitution and laws of the State shall be conclusive evidence of their validity and of compliance with the provisions of law in their issuanceissu- ance.

Appears in 1 contract

Samples: legistarweb-production.s3.amazonaws.com

Validity of Bonds. The validity of the authorization and issuance of the Bonds is not dependent on and shall not be affected in any way by any proceedings taken by the Authority or the Trustee with respect to or in connection with the Loan Agreement. The recital contained in the Bonds that the same are issued pursuant to the Act and the Constitution and laws of the State shall be conclusive evidence of their validity and of compliance with the provisions of law in their issuance.

Appears in 1 contract

Samples: Loan Agreement (Navistar International Corp)

Validity of Bonds. The validity of the authorization and issuance of the Bonds is not dependent on and shall not be affected in any way by any proceedings taken by the Authority City for the original financing or refinancing of the Trustee with respect to project, or by any contracts made by the City in connection with therewith, and the Loan Agreement. The recital contained in the Bonds that the same are issued pursuant to the Act and the Constitution and laws of the State shall be conclusive evidence of their validity and of compliance with the provisions regularity of law in their issuance.

Appears in 1 contract

Samples: Fiscal Agent Agreement

Validity of Bonds. The validity of the authorization and issuance of the Bonds is not dependent on and shall not be affected in any way by any proceedings taken by the Authority Board or the Trustee with respect to or in connection with the Loan Agreement. The recital contained in the Bonds that the same are issued pursuant to the Act and the Constitution and laws of the State shall be conclusive evidence of their validity and of compliance with the all provisions of law in their issuance.

Appears in 1 contract

Samples: Trust Indenture (Central Sprinkler Corp)

Validity of Bonds. The validity of the authorization and issuance of the Bonds is not dependent on and shall will not be affected in any way by any defect in any proceedings taken by the Authority or City for the Trustee with respect to or in connection with refunding of the Loan Agreement. The Prior Bonds, and the recital contained in the Bonds that the same are issued pursuant to the Act and the Constitution and other applicable laws of the State shall will be conclusive evidence of their validity and of compliance with the provisions regularity of law in their issuance.

Appears in 1 contract

Samples: Fiscal Agent Agreement

Validity of Bonds. The validity of the authorization and issuance of the Bonds is not dependent on and shall not be affected in any way by any proceedings taken by the Authority or the Trustee with respect to or in connection with the Loan Agreement. The recital contained in the Bonds that the same are issued pursuant to the Act and the Constitution and laws of the State Commonwealth shall be conclusive evidence of their validity and of compliance with the all provisions of law in their issuance.

Appears in 1 contract

Samples: Nutrition Management Services Co/Pa

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