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NNRHA April 15, 2025 board meeting package

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14. The provisions of this Resolution are hereby declared to be separable, and if any section, phrase or provision of this Resolution shall be declared invalid, such invalidity shall not affect the validity of the remainder of the sections, phrases and provisions of this Resolution. 15. The Authority hereby appoints Williams Mullen, as requested by the Borrower, to serve as Bond Counsel. 16. By submitting its request for this Inducement Resolution to the Authority, the Borrower has agreed to indemnify and hold harmless the Authority, its officers, commissioners, employees and agents from and against all liabilities, obligations, claims, damages, penalties, losses, costs and expenses in any way connected with the Project, the Plan of Finance or the Bonds. 17. The approval of the issuance of the Bonds does not constitute an endorsement to a prospective purchaser of the Bonds or the creditworthiness of the Plan of Finance, the Borrower or the Project. 18. The Authority shall perform such other acts and adopt such further resolutions as may be required to implement its undertakings hereinabove set forth. : 19. This Resolution shall take effect immediately upon its adoption. Date: April 15, 2025
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