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Attachment 2 <br /> duly executed by the Seller or its counsel, as applicable: (1) an opinion of <br /> counsel to the Seller dated the Pricing Date in substantially the form <br /> attached hereto as Exhibit B1, (2) certificates dated the Pricing Date in <br /> substantially the forms attached hereto as Exhibit C1 and Exhibit C2, <br /> (3) irrevocable instructions to the Controller dated as of the Closing Date <br /> in substantially the form attached hereto as Exhibit D, (4) this Agreement, <br /> (5) a certified copy of the resolution of the Seller's City Council approving <br /> this Agreement, the transactions contemplated hereby and the documents <br /> attached hereto as exhibits, and (6) an escrow instruction letter in <br /> substantially the form attached hereto as Exhibit E; <br /> (ii) Transaction Counsel receiving on or before the Pricing Date, (1) a <br /> bringdown opinion of counsel to the Seller dated as of the Closing Date in <br /> substantially the form attached hereto as Exhibit B2, and (2) a bill of sale <br /> and bringdown certificate of the Seller (the "Bill of Sale in substantially <br /> the form attached hereto as Exhibit C3; provided that the Purchaser may <br /> waive, in its sole discretion, the requirements of Section 2(b)(ii)(1); <br /> (iii) the Purchaser issuing Bonds in an amount which will be sufficient to pay <br /> the Purchase Price; and <br /> (iv) the receipt by the Purchaser of a certification of the County Auditor <br /> confirming the Initial Amount of the Proposition IA Receivable pursuant <br /> to the Act. <br /> (c) The performance by the Seller of its obligations hereunder shall be <br /> conditioned solely upon the Purchaser's issuance of the Bonds its execution and delivery of this <br /> Agreement, pursuant to which it is legally obligated to pay the Installment Payments to the Seller <br /> on the Payment Dates as set forth in this Agreement, and no other act or omission on the part of <br /> the Purchaser or any other party shall excuse the Seller from performing its obligations <br /> hereunder. Seller specifically disclaims any right to rescind this Agreement, or to assert that title <br /> to the Proposition IA Receivable has not passed to the Purchaser, should Purchaser fail to make <br /> Installment Payments in the requisite amounts on the Payment Dates. <br /> 3. Purchase Price, Conveyance of Proposition IA Receivable and Payment of <br /> Purchase Price. <br /> (a) Upon pricing of the Bonds by the Purchaser, the Purchaser will inform the <br /> Seller that it will pay the Purchase Price in Installment Payments on the Payment Dates. <br /> (b) In consideration of the Purchaser's agreement to pay and deliver to the Seller <br /> the Installment Payments on the Payment Dates, the Seller agrees to (i) transfer, grant, bargain, <br /> sell, assign, convey, set over and deliver to the Purchaser, absolutely and not as collateral <br /> security, without recourse except as expressly provided herein, and the Purchaser agrees to <br /> purchase, accept and receive, the Proposition IA Receivable, and (ii) assign to the Purchaser, to <br /> the extent permitted by law, all present or future rights, if any, of the Seller to enforce or cause <br /> the enforcement of payment of the Proposition 1 A Receivable pursuant to the Act and other <br /> 3 <br />