System Assets definition
Examples of System Assets in a sentence
The City expressly acknowledges that neither the Authority nor the Trustee makes, or has made, any representation or warranty whatsoever as to the existence or availability of such warranties of the manufacturer, supplier or contractor with respect to any item of the Distribution System Assets.
The Authority makes no warranty or representation, either express or implied, as to the value, design, condition, merchantability or fitness for any particular purpose or fitness for the use contemplated by the City of the Distribution System Assets, or any portion thereof, or any other representation or warranty with respect to the Distribution System Assets, or any portion thereof.
Each Recipient Party is an entity duly organized, validly existing and in good standing under the Laws of its state of organization, and has all requisite entity power and authority to own, operate and lease the System Assets and prior to Closing will be duly qualified to do business as a foreign entity in the jurisdiction where the System Assets are located.
The Distribution System Assets, as constituted on the Delivery Date, are described in Exhibit A to this Installment Purchase Agreement.
The following Exhibits are attached to and by this reference made a part of this Installment Purchase Agreement: Exhibit A: Description of the Distribution System Assets.