Validity of Notes. The creation, sale and issue of the Notes have been duly authorised by the Current Issuer and, when executed and authenticated in accordance with the Current Issuer Trust Deed and the Current Issuer Paying Agent and Agent Bank Agreement, the Notes will constitute valid and legally binding obligations of the Current Issuer and, upon effectiveness of the Registration Statement, the Current Issuer Trust Deed will have been duly qualified under the Trust Indenture Act;
Validity of Notes. The Notes have been duly authorized and, when duly executed and authenticated in accordance with the terms of the Indenture and delivered and paid for in accordance with this Agreement, will be valid and binding obligations of the Republic entitled to the benefits of the Indenture.
Validity of Notes. When the Notes are issued and delivered pursuant to this Agreement, such Notes will have been duly authorized, executed, authenticated, issued and delivered and will constitute valid and legally binding obligations of the Company entitled to the benefits provided by the Indenture; and the Indenture has been duly authorized by the Company and is duly qualified under the 1939 Act and constitutes a valid and legally binding instrument, enforceable in accordance with its terms, subject to bankruptcy, insolvency, reorganization, moratorium and other laws of general applicability relating to or affecting creditors’ rights and to general equitable principles (regardless of whether enforcement is considered in a proceeding in equity or at law), and except further as enforcement thereof may be limited by requirements that a claim with respect to any debt securities issued under the Indenture that are payable in a foreign or composite currency (or a foreign or composite currency judgment in respect of such claim) be converted into U.S. dollars at a rate of exchange prevailing on a date determined pursuant to applicable law or by governmental authority to limit, delay or prohibit the making of payments outside the United States of America (“United States”); and the Notes and the Indenture will conform in all material respects to the descriptions thereof in the Prospectus and the Disclosure Package.
Validity of Notes. When executed, authenticated and delivered pursuant to the provisions of this Agreement against payment of the consideration therefor, the Notes will be duly issued and will constitute legal, valid and binding obligations of the Borrower, enforceable in accordance with their terms, except for the effect of bankruptcy, insolvency, reorganization, moratorium and other similar laws relating to or affecting the rights of creditors generally, and will rank pari passu with all other outstanding unsecured indebtedness of the Borrower.
Validity of Notes the issue of Notes has been duly authorised by the Flemish Community in accordance with the applicable law, the Flemish Community has full capacity to issue the Notes and to enter into any obligations and undertakings contemplated in and following from the issuance of the Notes and, when duly executed, issued and delivered, the Notes will constitute valid and legally binding obligations of the Flemish Community enforceable in accordance with their respective terms;
Validity of Notes. The issuance of the Notes has been duly authorized and the Notes are valid and binding and upon Closing will be in full force and effect and enforceable in accordance with their respective terms.
Validity of Notes. The Securities, when issued, sold and delivered in accordance with the terms of this Agreement, will be duly authorized, validly issued, fully paid and non-assessable and will be free and clear of any liens or encumbrances; provided, however, that the Securities are subject to certain restrictions on transfer as provided therein and under state and/or federal securities laws. Based in part upon the representations of the Purchasers in this Agreement, the offer, sale and issuance of the Securities will be issued in compliance with all applicable federal and state securities laws.
Validity of Notes. When issued and delivered in accordance with this Agreement, the Notes to be delivered under this Agreement shall be (i) duly and validly authorized, issued and outstanding, (ii) fully paid and non-assessable, and (iii) free and clear of any liens and encumbrances. The Notes are being offered and sold pursuant to, and in compliance with, Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”) and Regulation D promulgated thereunder.
Validity of Notes. The Notes, when issued and paid for at the Closing, will be duly authorized, validly existing obligations of the Company, enforceable in accordance with their terms.
Validity of Notes. The creation, sale and issue of the Dollar Notes have been duly authorized by the Current Issuer and, when executed and authenticated in accordance with the Issuer Trust Deed and the Issuer Paying Agent and Agent Bank Agreement, the Dollar Notes will constitute valid and legally binding obligations of the Issuer and, upon effectiveness of the Registration Statement, the Issuer Trust Deed will have been duly qualified under the Trust Indenture Act;
