Common use of Academy Has No Power to Obligate Clause in Contracts

Academy Has No Power to Obligate. or Bind State of Michigan, University Board or the University. The Academy has no authority whatsoever to enter into any contract or other agreement that would financially obligate the State of Michigan, University Board or the University, nor does the Academy have any authority whatsoever to make any representations to lenders or third parties, that the State of Michigan, University Board or the University in any way guarantee, are financially obligated, or are in any way responsible for any contract, agreement, note, mortgage, loan or other instrument of indebtedness entered into by the Academy.

Academy Has No Power to Obligate. or Bind State of Michigan, University Board or the University. The Academy has no authority whatsoever to enter into any contract or other agreement that would financially or otherwise obligate the State of Michigan, University Board or the University, nor does the Academy have any authority whatsoever to make any representations to lenders or third parties, that the State of Michigan, University Board or the University in any way guarantee, are financially obligated, or are in any way responsible for any contract, agreement, note, mortgage, loan or other instrument of indebtedness entered into by the Academy.

Academy Has No Power to Obligate. or Bind the State of Michigan, University the District Board or the UniversityLocal Education Agency. The Academy has no authority whatsoever to enter into any contract or other agreement that would financially obligate the State of Michigan, University the District Board or the UniversityLocal Education Agency, nor does the Academy have any authority whatsoever to make any representations to lenders or third parties, that the State of Michigan, University the District Board or the University Local Education Agency in any way guarantee, are financially obligated, or are in any way responsible for any contract, agreement, note, mortgage, loan or other instrument of indebtedness entered into by the Academy.