Examples of Series 2007-2 Notes in a sentence
Neither the Transferor nor any of its affiliates (directly or indirectly) has offered or sold or will offer or sell any Series 2007-2 Notes or similar security in a manner that would render the issuance and sale of the Series 2007-2 Notes a violation of Section 5 of the Act, or require registration pursuant thereto, nor will it authorize any person to act in such manner.
If Transferor exercises such option, the Issuer will apply such purchase price to repay the Series 2007-2 Notes in full as specified below.
The issuance of the Series 2007-2 Notes shall not have resulted in a reduction, suspension, or withdrawal by Fitch, S&P, or Moody's of the current rating of any outstanding Prior Notes issued by the Issuer pursuant to the Indenture.
You shall have received an opinion addressed to you of Stroock & Stroock & Lavan LLP, in its capacity as counsel for the Issuer, dated the Closing Date, in form and substance satisfactory to you and your counsel with respect to the character of the Series 2007-2 Notes for federal tax purposes.
You shall have received such other opinions (including an opinion of Richards, Layton & Finger, P.A.), certificates and documents as are required under the Indenture as a condition to the issuance of the Series 2007-2 Notes.
The Issuer shall execute and issue, and the Authenticating Agent shall authenticate, the Series 2007-2 Notes in accordance with Section 2.2 of the Indenture.
When the Series 2007-2 Notes are issued pursuant to the Indenture, the Issuer will not be an “investment company” or “controlled” by an “investment company” as each such term is defined in the Investment Company Act of 1940.5. Representations and Warranties of the Issuer.
The Issuer will immediately inform the Underwriters (i) of the receipt by the Issuer of any communication from the SEC or any state securities authority concerning the offering or sale of the Series 2007-2 Notes; and (ii) of any threatened lawsuit or proceeding or of the commencement of any lawsuit or proceeding to which the Issuer is a party relating to the offering or sale of the Series 2007-2 Notes.
The Series 2007-2 Notes are "asset backed securities" within the meaning of, and satisfy the requirements for use of, Form S-3 under the Securities Act, as set forth in the General Instructions to Form S-3, and the conditions of Rule 415 of the Securities Act have been satisfied with respect to the Registration Statement.
TMS comprise thin-bedded slaty siltstone, sandstone, calcareous mudstones, and grey limestone with rare veins.