Common use of Designated Fund Clause in Contracts

Designated Fund. Purchaser’s payment obligations under this Agreement shall be paid from a Department of Community Energy designated fund (“Designated Fund”) that shall be used solely for San Xxxx Clean Energy costs and expenses, including the obligations under this Agreement. Subject to the requirements and limitations of Applicable Law and taking into account other available money specifically authorized by the San Xxxx City Council and allocated and appropriated to the San Xxxx Clean Energy’s obligations, the Purchaser agrees to establish San Xxxx Clean Energy rates and charges that are sufficient to maintain revenues in the Designated Fund necessary to pay its obligations under this Agreement and all of Purchaser’s payment obligations under its other contracts for the purchase of energy for San Xxxx Clean Energy. Purchaser shall provide Seller with reasonable access to account balance information with respect to the San Xxxx Clean Energy Designated Fund during the Term. Limited Obligations. Purchaser’s payment obligations are special limited obligations of the Purchaser payable solely from the Designated Fund. Purchaser’s payment obligations under this Agreement are not a charge upon the revenues or general fund of the City of San Xxxx or upon any non- San Xxxx Clean Energy moneys or other property of the Community Energy Department or the City of San Xxxx.

Designated Fund. PurchaserBuyer’s payment obligations under this Agreement shall be paid from a Department of Community Energy designated fund (“Designated Fund”) that shall be used solely for San Xxxx Clean Energy costs and expenses, including the obligations under this Agreement. Subject to the requirements and limitations of Applicable Law and taking into account other available money specifically authorized by the San Xxxx City Council and allocated and appropriated to the San Xxxx Clean Energy’s obligations, the Purchaser Buyer agrees to establish San Xxxx Clean Energy rates and charges that are sufficient to maintain revenues in the Designated Fund necessary to pay its obligations under this Agreement and all of PurchaserBuyer’s payment obligations under its other contracts for the purchase of energy for San Xxxx Clean Energy. Purchaser Buyer shall provide Seller with reasonable access to account balance information with respect to the San Xxxx Clean Energy Designated Fund during the Term. Limited Obligations. PurchaserBuyer’s payment obligations are special limited obligations of the Purchaser Buyer payable solely from the Designated Fund. PurchaserBuyer’s payment obligations under this Agreement are not a charge upon the revenues or general fund of the City of San Xxxx or upon any non- San Xxxx Clean Energy moneys or other property of the Community Energy Department or the City of San Xxxx.

Designated Fund. PurchaserBuyer’s payment obligations under this Agreement shall be paid from a Department of Community Energy designated fund (“Designated Fund”) that shall be used solely for San Xxxx Clean Energy costs and expenses, including the obligations under this Agreement. Subject to the requirements and limitations of Applicable Law and taking into account other available money specifically authorized by the San Xxxx City Council and allocated and appropriated to the San Xxxx Clean Energy’s obligations, the Purchaser Buyer agrees to establish San Xxxx Clean Energy rates and charges that are sufficient to maintain revenues in the Designated Fund designated fund necessary to pay its obligations under this Agreement and all of PurchaserBuyer’s payment obligations under its other contracts for the purchase of energy for San Xxxx Clean Energy. Purchaser Buyer shall provide Seller with reasonable access to account balance information with respect to the San Xxxx Clean Energy Designated Fund designated fund during the Term. Limited Obligations. PurchaserBuyer’s payment obligations are special limited obligations of the Purchaser Buyer payable solely from the Designated Fundrevenues of San Xxxx Clean Energy. PurchaserBuyer’s payment obligations under this Agreement are not a charge upon the revenues or general fund of the City of San Xxxx or upon any non- San Xxxx Clean Energy moneys or other property of the Community Energy Department or the City of San Xxxx.