City’s Obligations Unconditional. (a) The obligations of the City to make payments required in this Article V on the dates and in the manner herein specified and to perform and observe the other agreements on its part contained herein shall be absolute and unconditional, regardless of any contingencies whatever and notwithstanding any circumstances or occurrences that may arise or take place hereafter, and shall not be subject to diminution by set-off, counterclaim, abatement or otherwise. Until such time as the principal of and interest on the Bonds shall have been paid or provision for such payment shall have been made in accordance with the Resolution, the City
Appears in 2 contracts
Samples: Intergovernmental Contract, Intergovernmental Contract
City’s Obligations Unconditional. (a) The obligations of the City to make payments required in this Article V on the dates and in the manner herein specified and to perform and observe the other agreements on its part contained herein shall be absolute and unconditional, regardless of any contingencies whatever and notwithstanding any circumstances or occurrences that may arise or take place hereafter, and shall not be subject to diminution by set-off, counterclaim, abatement or otherwise. Until such time as the principal of and interest on the Bonds Bond shall have been paid or provision for such payment shall have been made in accordance with the Resolution, the City
Appears in 2 contracts
Samples: Intergovernmental Contract, Intergovernmental Contract
City’s Obligations Unconditional. (a) The obligations of the City to make payments required in this Article V on the dates and in the manner herein specified and to perform and observe the other agreements on its part contained herein shall be absolute and unconditional, regardless of any contingencies whatever and notwithstanding any circumstances or occurrences that may arise or take place hereafter, and shall not be subject to diminution by set-off, counterclaim, abatement abatement, or otherwise. Until such time as the principal of and interest on the Bonds Bond shall have been paid or provision for such payment shall have been made in accordance with the Resolution, the City
Appears in 1 contract
Samples: agenda.savannahga.gov
City’s Obligations Unconditional. (a) The obligations of the City to make payments required in this Article V on the dates and in the manner herein specified and to perform and observe the other agreements on its part contained herein shall be absolute and unconditional, regardless of any contingencies whatever and notwithstanding any circumstances or occurrences that may arise or take place hereafter, and shall not be subject to diminution by set-off, counterclaim, abatement abatement, or otherwise. Until such time as the principal of and interest on the Bonds Bond shall have been paid or provision for such payment shall have been made in accordance with the Resolution, the City
Appears in 1 contract
Samples: agenda.savannahga.gov