Charter School Debt Sample Clauses

Charter School Debt. The Charter School is solely responsible for all debt it incurs, and the Authorizer shall not be contractually bound on the Charter School’s account to any third party. The Authorizer shall not be liable in any instance for the Charter School’s unpaid debts if the Charter School does not have sufficient funds to pay all of its debts.
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Charter School Debt. The Charter School is solely responsible for all debt it
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Charter School Debt. Debt of Equi-Mor owed to U.S. Bancorp ------------------- Investments, Inc. (or its successor or assignee), on a short-term basis for financing charter-school leases or loans until they can be sold in the secondary market, for which Borrower has no direct or contingent liability; provided, however, that if Borrower is either directly or contingently liable, the amount of such Debt may not exceed the lesser of either (i) 10% of Borrower's Net Worth or (ii) $5,000,000.
Sample 1
Charter School Debt. Pursuant to La. R.S. § 17:3993, Charter School is solely responsible for all debt it incurs, and JPSB shall not be contractually bound on Charter School’s account to any third party. A statement to this effect shall be a provision of any and all contracts entered into by Charter School.
Sample 1

Related to Charter School Debt

  • Existing Debt Set forth on Schedule 4.01(n) hereto is a complete and accurate list of all Existing Debt, showing as of the date hereof the obligor and the principal amount outstanding thereunder, the maturity date thereof and the amortization schedule therefor.

  • Debt Due (a) If the LHIN requires the re-payment by the HSP of any Funding, the amount required will be deemed to be a debt owing to the Crown by the HSP. The LHIN may adjust future funding instalments to recover the amounts owed or may, at its discretion direct the HSP to pay the amount owing to the Crown and the HSP shall comply immediately with any such direction. (b) All amounts repayable to the Crown will be paid by cheque payable to the “Ontario Minister of Finance” and mailed or delivered to the LHIN at the address provided in section 13.1.