Xxxxxx Xxxxxxxx, Xx an individual residing in the City of Orchard Lake, Michigan USA (hereinafter referred to as the "Executive")
Xxxxxx Xxxxxxxx, Xx. Xxxxx Xxxxx, Xx. Xxxxx Xxx, Xx. Xxxxxxx Xxxxxx, Xx.
Xxxxxx Xxxxxxxx, Xx an individual residing in the City of Fenton, Michigan, USA (hereinafter referred to as the "Executive")
Xxxxxx Xxxxxxxx, Xx. Xxxxxx Xxxxxx - Xx. Xxxxxx Xxxx - Xx. Xxxx Xxxxxxx, Xxxxxx - Prof. Xx. Xxxxxx Xxxxxxxxxxxx, Zwingenberg - Xx. Xxxxxx Xxxxxxx
Xxxxxx Xxxxxxxx, Xx. Xxxxxxx X. Bowler Dr.
Xxxxxx Xxxxxxxx, Xx. AND XXXXXX X. XXXXXXXX, TRUSTEES, either of whom may act, Grantor (also called “Virginia Housing Trustees”). * * RECITALS * *
Xxxxxx Xxxxxxxx, Xx. Xxxxx Xxxxx, Xxxx Xxxxx, Xxx Xxxxxx, Xxxx Xxxxxxxx, Xxxxx Xxxx, Xxxx Xxxxx, Dr. Xxxx Xxxxxx, Xxx Xxx (Xxxxx) Zhang, Xxx Xxxxxx, Xx. Xxxx Xxx, Xxxx Xxxxxxx, Xxxx Xxxxxxxxx, Xxxxx Xxxxxxx, Xxxxxxx Xxxxxxx, Xx. Xxxx Xxxxxx and Xxx Xxxxxxxx, independent qualified persons, in reliance on the authority of such persons as “experts” within the meaning of the U.S. Securities Act, as to which such counsel need not express any belief); and the Form F-X, as of its date, appears on its face to be appropriately responsive in all material respects to the requirements of the U.S. Securities Act;
Xxxxxx Xxxxxxxx, Xx. Xxxxx Xxxxx, Xxxx Xxxxx, Xxx Xxxxxx, Xxxx Xxxxxxxx, Xxxxx Xxxx, Xxxx Xxxxx, Dr. Xxxx Xxxxxx, Xxx Xxx (Xxxxx) Zhang, Xxx Xxxxxx, Xx. Xxxx Xxx, Xxxx Xxxxxxx, Xxxx Xxxxxxxxx, Xxxxx Xxxxxxx, Xxxxxxx Xxxxxxx, Xx. Xxxx Xxxxxx and Xxx Xxxxxxxx, independent qualified persons, in reliance on the authority of such persons as
Xxxxxx Xxxxxxxx, Xx. Xxxxx Xxxxx, Xxxx Xxxxx, Xxx Xxxxxx, Xxxx Xxxxxxxx, Xxxxx Xxxx, Xxxx Xxxxx, Dr. Xxxx Xxxxxx, Xxx Xxx (Xxxxx) Zhang, Xxx Xxxxxx, Xx. Xxxx Xxx, Xxxx Xxxxxxx, Xxxx Xxxxxxxxx, Xxxxx Xxxxxxx, Xxxxxxx Xxxxxxx, Xx. Xxxx Xxxxxx and Xxx Xxxxxxxx, independent qualified persons, in reliance on the authority of such persons as “experts” within the meaning of the Act, as to which we express no such belief), together with the Term Sheet, included an untrue statement of a material fact or omitted to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; or (iii) as of its date or the Closing Date, the U.S. Prospectus (except for the financial statements, financial statement schedules and other financial, accounting or statistical data included or incorporated by reference therein or omitted therefrom or from those documents incorporated by reference, and the information derived from the reports of, or prepared under the supervision of or reviewed by (as stated therein), Xx.
Xxxxxx Xxxxxxxx, Xx. Xxxxx Xxxxx, Xxxx Xxxxx, Xxx Xxxxxx, Xxxx Xxxxxxxx, Xxxxx Xxxx, Xxxx Xxxxx, Dr. Xxxx Xxxxxx, Xxx Xxx (Xxxxx) Zhang, Xxx Xxxxxx, Xx. Xxxx Xxx, Xxxx Xxxxxxx, Xxxx Xxxxxxxxx, Xxxxx Xxxxxxx, Xxxxxxx Xxxxxxx, Xx. Xxxx Xxxxxx and Xxx Xxxxxxxx, independent qualified persons, in reliance on the authority of such persons as “experts” within the meaning of the Act, as to which we express no such belief), included an untrue statement of a material fact or omitted to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading. For purposes of this letter, the term “Applicable Time” means 8:30 a.m. (New York time) on July 26, 2016;
