Institution Documents definition
Examples of Institution Documents in a sentence
The Institution hereby consents to the use of the Institution Documents, the Preliminary Official Statement and the Official Statement by the Underwriter in obtaining such qualifications and determining such eligibilities.
Each of the Institution Documents and the other documents contemplated thereby has been duly authorized, executed and delivered by the Institution.
The Institution is a not-for-profit corporation duly organized and validly existing under the laws of the State, is in good standing under the laws of the State and has full legal right, power and authority to execute, deliver and perform its obligations under each of the Institution Documents and the other documents contemplated thereby.
Church/Religious Institution Documents providing authorized business (ex.
Each of the Institution Documents and the other documents contemplated thereby to which the Institution is a party constitutes a valid and binding obligation of the Institution enforceable against the Institution in accordance with its terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization or other laws relating to or affecting the enforcement of creditor’s rights generally, and subject to general principles of equity.
Each of the Institution Documents and the other documents contemplated thereby to which the Institution is a party constitutes a valid and binding obligation of the Institution, enforceable against the Institution in accordance with its terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization or other laws relating to or affecting the enforcement of creditor’s rights generally, and subject to general principles of equity.
The Trustee, by accepting the covenants of the Institution under the Financing Documents agrees that it shall not ▇▇▇ for, seek or demand any deficiency judgment against any members, officers, directors, agents or employees of the Institution, in any action or proceedings or by reason of or under, or in connection with any of the other Bond Documents or Institution Documents.
There is no action, suit, investigation or proceeding pending or, to the knowledge of the Institution, threatened against the Institution or any properties or rights of the Institution before any court, arbitrator or administrative or governmental body which might result in any materially adverse change in the business, condition or operations of the Institution or which might materially adversely affect the ability of the Institution to comply with this Loan Agreement or other Institution Documents.
Authorized Traders Church/Religious Institution Documents providing authorized business (ex.
In the event of any litigation in connection with the Institution Documents, the Issuer Documents, the Indenture, or the Bonds or any transactions contemplated hereby or thereby, the Institution waives all rights to a trial by jury and agrees not to assert any counterclaim (except a compulsory counter- claim) of any nature against the Issuer or the Trustee in such litigation.