Common use of Debt Limitation Clause in Contracts

Debt Limitation. This agreement is expressly subject to the debt limitation of Oregon counties set forth in Article XI, Section 10, of the Oregon Constitution, and is contingent upon funds being appropriated. Therefore, any provisions herein, which would conflict with law, are deemed inoperative to that extent. Additionally, the District Managing Board shall not incur any debt unless authorized by this agreement or the District Governing Body.

Debt Limitation. This agreement Agreement is expressly subject to the debt limitation of Oregon counties set forth in Article XI, Section 10, of the Oregon Constitution, and any debt limitations contained in any City or County charter, and is contingent upon funds being appropriatedappropriated therefore. Therefore, any Any provisions herein, herein which would conflict with law, law are deemed inoperative to that extent. Additionally, the District Managing Board shall not incur any debt unless authorized by this agreement or the District Governing Body.

Debt Limitation. This agreement Agreement is expressly subject to the debt limitation of Oregon counties set forth in Article XI, Section 10, 10 of the Oregon Constitution, and is contingent upon funds being appropriatedappropriated therefore. Therefore, any Any provisions herein, herein which would conflict with law, law are deemed inoperative to that extent. AdditionallyObligations of the COUNTY are also expressly subject to the COUNTY receiving funds from HUD for this project and in no event shall the COUNTY's financial contribution exceed the amount finally granted, the District Managing Board shall not incur any debt unless authorized released and approved by HUD for this agreement or the District Governing Bodyproject.

Debt Limitation. This agreement Agreement is expressly subject to the debt limitation of Oregon counties set forth in Article XI, Section 10, of the Oregon Constitution, and is contingent upon funds being appropriated. Therefore, any Any provisions herein, herein which would conflict with law, law are deemed inoperative to that extent. Additionally, the District Managing Board shall not incur any debt unless authorized by this agreement or the District Governing Body.

Debt Limitation. This agreement Agreement is expressly subject to the debt limitation of Oregon counties set forth in Article XI, Section 10, of the Oregon Constitution, and is contingent upon funds being appropriated, therefore. Therefore, any Any provisions herein, herein which would conflict with law, the law are deemed inoperative to that extent. Additionally, the District Managing Board shall not incur any debt unless authorized by this agreement or the District Governing Body.