My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
SANTA ANA WBBB, LP 4
Clerk
>
Contracts / Agreements
>
S
>
SANTA ANA WBBB, LP 4
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/6/2017 1:21:10 PM
Creation date
4/6/2011 3:38:12 PM
Metadata
Fields
Template:
Contracts
Company Name
SANTA ANA WBBB, LP
Contract #
A-2011-051
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
3/7/2011
Destruction Year
0
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
151
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
deliver this Agreement, together with its exhibits, and has been fully authorized by all requisite <br />actions on the part of City. <br />802.2 No Conflict. To the best of City's knowledge, City's execution, delivery <br />and performance of its obligations under this Agreement will not constitute a default or a breach <br />under any contract, agreement or order to which City is a party or by which it is bound. <br />900. DEVELOPER REPRESENTATIONS AND WARRANTIES <br />901. As a material inducement to Agency/City to enter into this Agreement, Developer <br />represents and warrants as follows: <br />901.1 Formation, Qualification and Compliance. Developer is a California <br />limited partnership currently comprised of Orange Housing Development Corporation, a California <br />nonprofit public benefit corporation, and C&C Development Co., LLC, a California limited liability <br />company. Developer is a duly organized California limited partnership formed within and in good <br />standing under the laws of the State of California. Developer has full right, power and lawful <br />authority to undertake all obligations as provided herein and the execution, performance and delivery <br />of this Agreement by Developer has been fully authorized by all requisite actions on the part of the <br />Developer. Orange Housing Development Corporation is (a) a non-profit public-benefit corporation, <br />validly existing and in good standing under the laws of the State of California, (b) has all requisite <br />authority to conduct its business and own and lease its properties, (c) has qualified and is in good <br />standing as a Community Housing Development Organization, and (d) is qualified and in good <br />standing in every jurisdiction in which the nature of its business makes qualification necessary or <br />where failure to qualify could have a material adverse effect on its financial condition or the <br />performance of its obligations under the Loan Documents. Developer is in compliance with all laws <br />applicable to its business and has obtained all approvals, licenses, exemptions and other <br />authorizations from, and has accomplished all filings, registrations and qualifications with, any <br />Governmental Authority that are necessary for the transaction of its business. <br />901.2 Execution and Performance of Loan Documents. <br />(a) Developer has all requisite authority to execute and perform its <br />obligations under the Loan Documents. <br />(b) The execution and delivery by Developer of each Loan Document, <br />and the performance of Developer's obligations thereunder, has been authorized by all necessary <br />action and does not and will not: <br />(i) require any consent or approval not heretofore obtained of any <br />person having any interest in Developer; <br />(ii) violate any provision of, or require any consent or approval <br />not heretofore obtained under, any articles of incorporation, by-laws or other governing document <br />applicable to Developer; <br />(iii) result in or require the creation of any lien, claim, charge or <br />other right of others of any kind (other than under the Agency/City Loan Documents) on or with <br />respect to any property now or hereafter owned or leased by Developer; <br />29 <br />DOC SOC/ 1469583v5/200272-0003
The URL can be used to link to this page
Your browser does not support the video tag.