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Attachment 2 <br /> (h) The Seller acts solely through its authorized officers or agents. <br /> (i) The Seller maintains records and books of account separate from those of the <br /> Purchaser. <br /> (j) The Seller maintains its respective assets separately from the assets of the <br /> Purchaser (including through the maintenance of separate bank accounts); the Seller's funds and <br /> assets, and records relating thereto, have not been and are not commingled with those of the <br /> Purchaser. <br /> (k) The Seller's principal place of business and chief executive office is located at <br /> 123 Main Street, P.O. Box 520, Pleasanton, CA 94566 -0802. <br /> (I) The aggregate amount of the Installment Payments is reasonably equivalent <br /> value for the Proposition IA Receivable. The Seller acknowledges that the amount payable to or <br /> on behalf of the Purchaser by the State with respect to the Proposition IA Receivable will be in <br /> excess of the Purchase Price and the Initial Amount of the Proposition IA Receivable and <br /> confirms that it has no claim to any such excess amount whatsoever. <br /> (m) The Seller does not act as an agent of the Purchaser in any capacity, but <br /> instead presents itself to the public as an entity separate from the Purchaser. <br /> (n) The Seller has not guaranteed and shall not guarantee the obligations of the <br /> Purchaser, nor shall it hold itself out or permit itself to be held out as having agreed to pay or as <br /> being liable for the debts of the Purchaser; and the Seller has not received nor shall the Seller <br /> accept any credit or financing from any Person who is relying upon the availability of the assets <br /> of the Purchaser in extending such credit or financing. The Seller has not purchased and shall <br /> not purchase any of the Bonds or any interest therein. <br /> (o) All transactions between or among the Seller, on the one hand, and the <br /> Purchaser on the other hand (including, without limitation, transactions governed by contracts for <br /> services and facilities, such as payroll, purchasing, accounting, legal and personnel services and <br /> office space), whether existing on the date hereof or entered into after the date hereof, shall be on <br /> terms and conditions (including, without limitation, terms relating to amounts to be paid <br /> thereunder) which are believed by each such party thereto to be both fair and reasonable and <br /> comparable to those available on an arms length basis from Persons who are not affiliates. <br /> (p) The Seller has not, under the provisions of Section 100.06(6) of the California <br /> Revenue and Taxation Code, received a reduction for hardship or otherwise, nor has it requested, <br /> made arrangements for, or completed a reallocation or exchange with any other local agency, of <br /> the total amount of the ad valorem property tax revenue reduction allocated to the Seller pursuant <br /> to Section 100.06(a) of the California Revenue and Taxation Code. <br /> 6. Covenants of the Seller. <br /> (a) The Seller shall not take any action or omit to take any action which adversely <br /> affects the interests of the Purchaser in the Proposition IA Receivable and in the proceeds <br /> thereof. The Seller shall not take any action or omit to take any action that shall adversely affect <br /> 7 <br />