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requirements and ( iii ) opinions of counsel reasonably <br /> satisfactory to the Purchaser with respect to the foregoing . <br /> (c) The Purchaser shall have received a copy, duly <br /> certified by the Secretary or an Assistant Secretary of the <br /> Authority, of the Bond Resolution mentioned in clause (c) of <br /> Section 2 hereof and copies each duly certified by the <br /> Secretary or an Assistant Secretary of the Company of the <br /> resolution mentioned in clause (b) of Section 3 hereof. <br /> (d) The receipt by the Purchaser of the opinions of <br /> counsel substantially in the forms of Exhibits H, I and J <br /> hereto. <br /> (e) Certificates and policies of insurance, or binders <br /> therefor, required by the Loan Agreement shall have been <br /> delivered to the Purchaser in form satisfactory to the <br /> Purchaser . <br /> ( f) The receipt by the Purchaser of ( i ) a boundary <br /> survey of the Project site, ( 2) a flood plain certificate, <br /> ( 3) plans and specifications for the Project, ( 4) the <br /> building permit and zoning approvals ( 5) the general <br /> construction contact, ( 6) the supervising architect ' s <br /> contract, and (7) a certified cost breakdown for the Project . <br /> The supplying <br /> certificates as may bereasonably h <br /> required byc the nPurchaser . <br /> Section 5 . Conditions of the Authority's Obligations. The <br /> issuance by the Authority of the Bond hereunder is subject to the <br /> conditions set forth in Section 4 hereof. <br /> Section 6. Execution. The Bond shall be executed on behalf <br /> of the Authority by the Chairman or Vice Chairman of the Authority <br /> and shall have impressed thereon the official seal of the <br /> Authority attested by the Secretary or an Assistant Secretary of <br /> the Authority. In case any officer whose signature shall appear <br /> on the Bond shall cease to be such officer before the delivery of <br /> 4. the Bond, such signature shall nevertheless be valid and suffi- <br /> cient for all purposes, the same as if such person had remained in <br /> office until delivery. <br /> Section 7. Purchase for Investment and Investigation in <br /> Connection with Purchase. The Purchaser represents and warrants <br /> to and covenants with the Authority and the Company that, in <br /> purchasing the Bond, it is making a commercial loan in the <br /> ordinary course of its banking business with no present intention <br /> of distributing or selling the Bond or any part thereof or any <br /> interest therein. The Purchaser reserves the right to dispose of <br /> 7. <br /> iii .. <br />