Guam § 1 - Content of Certificates and Opinions.

§ 1. Content of Certificates and Opinions.

Every certificate or opinion provided for in THIS Indenture

with respect to compliance with any provision hereof shall include

(1) a statement that the person making or giving such certificate

or opinion has read such provision and the definitions herein

relating thereto; (2) a brief statement as to the nature and scope of

the examination or investigation upon which the certificate or

opinion is based; (3) a statement that, in the opinion of such

person, he has made or caused to be made such .examination or

investigation as is necessary to enable him to express an informed

opinion with respect to the subject matter referred to in the

instrument to which his signature is affixed; and (4) a statement

as to whether, in the opinion of such person, such provision has

been complied with.

Any such certificate or opinion made or given by an officer

of the Government may be based, insofar as it relates to legal or

accounting matters, upon a certificate or opinion of or

representation by counsel or an accountant, unless such officer

knows, or in the exercise of reasonable care should know, that the

certificate, opinion or representation with respect to the matters

upon which such certificate or statement may be’ based, -as

aforesaid, is erroneous. Any such certificate or opinion made or

given by counsel or an accountant may be based, insofar as it

relaxes to factual matters (with respect to which information is in

the possession of the Government) upon a certificate or opinion of

or representation by an officer of the Government, unless such

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counsel or accountant knows, or in the exercise of reasonable care

should know, that the certificate or opinion or representation with

respect to the matters upon which such officer’s certificate or

opinion or representation may be based, as aforesaid, is erroneous.

The same officer of the Government or the same counsel or

accountant, as the case may be, need not certify to all of the

matters required to be certified under any provision of THIS

Indenture, but different officers, counsel or accountants may

certify to different matters. respectively.

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ARTICLE II

THE BONDS