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<br /> described in this Agreement to CITY and the execution of this <br /> Agreement and the agreements substantially in the form of Exhibits <br /> l4A, 14B, 15A and 15B attached to this Agreement and to deliver <br /> the same and perform all obligations set forth in the above <br /> described agreements. <br /> (b) The execution, delivery and performance of this <br /> Agreement and the agreements substantially in the form of Exhibits <br /> l4A, 14B, 15A and 15B attached to this Agreement have been (or by <br /> the Closing Date will have been) duly authorized by all necessary <br /> action on the part of LCRA. <br /> (c) Neither this Agreement nor the agreements <br /> substantially in the form of Exhibits 14A, 14B, 15A and 15B <br /> attached to this Agreement shall contravene any law or any <br /> governmental rule, regulation or order applicable to LCRA. <br /> (d) The execution, delivery and performance of neither <br /> this Agreement nor that of the agreements attached to this <br /> Agreement as Exhibits l4A, 14B, 15A and 15B shall contravene <br /> the provisions of or constitute a default under the terms of any <br /> indenture, mortgage, contract, resolution or other instrument to <br /> which LCRA is a party or by which LCRA is bound. <br /> (e) Prior to the Closing of this Agreement, LCRA at its <br /> own expense shall have obtained all necessary governmental <br /> authorization to execute, deliver and perform this Agreement, <br /> including, but not limited to, the transfer of LCRA's Certificate <br /> of Convenience and Necessity for the San Marcos District Electric <br /> Distribution System. <br /> 21. <br />