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Agenda - 06-24-1986
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Agenda - 06-24-1986
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Last modified
10/11/2016 2:43:46 PM
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9/22/2016 1:47:14 PM
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BOCC
Date
6/24/1986
Meeting Type
Regular Meeting
Document Type
Agenda
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No. <br /> REOUISITION AND CERTIFICATE <br /> , 19 <br /> NCNB National Bank of North Carolina <br /> Charlotte, North Carolina <br /> Sirs: <br /> On behalf of Isotechnologies, Inc. ( the "Company" ) , I hereby from the funds representing the e <br /> of the Industrial Revenue Bond g proceeds of the sale <br /> issued by The Orange County Industrial Facilities and� Pollution <br /> Control Financing Authority ( the "Authority" ) and dated as of <br /> July 1, 1986 (the "Bond" ) , which funds are held by <br /> Orange County Industrial Facilities and Pollu i nou Control <br /> Financing Authority ( Isotechnologies, Inc. Project) Project Fund <br /> in accordance with the Bond Purchase Agreement, dated as of July <br /> 1, 1986 (the "Bond Purchase Agreement" ) , among the Company, the sum of 9 you, the Authority <br /> for $ to be paid to <br /> I hereby certify that (a) the obligation to make such <br /> payment was incurred by the Authority or the Company in <br /> connection with the Acquisition (as defined in the Loan <br /> Agreement , of even date with the Bond Purchase Agreement, between <br /> the Authority and the Company, hereinafter referred to as the <br /> "Loan Agreement" ) of the project (referred to in the Loan <br /> Agreement ) , is a proper charge against the Cost of Acquisition of <br /> the Project (as defined in the Loan Agreement) , and has not been <br /> the basis for any prior requisition which has been paid; (b) to <br /> the best of the Company's knowledge, neither the Authority nor <br /> the Company is in default under any of their respective <br /> obligations under the Loan Agreement or the Bond Purchase <br /> Agreement nor has received written notice of any lien, right to <br /> lien or attachment upon, or claim affecting the right of such <br /> payee to receive payment of, any of the money payable under this <br /> requisition to any of the persons, firms or corporations named <br /> herein, or if any notice of any such lien, attachment or claim <br /> has been received such lien, attachment or claim has been <br /> released or discharged or will be released or discharged upon <br /> payment of this requisition; (c) this requisition contains no <br />
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