Common use of Financial Obligations Are Separate Clause in Contracts

Financial Obligations Are Separate. Any contract, mortgage, loan or other instrument of indebtedness entered into by the School and a third party shall not in any way constitute an obligation, either general, special, or moral, of ACNW. The School will never pledge the full faith and credit of ACNW for the payment of any School contract, mortgage, loan or other instrument of indebtedness. Any contract, mortgage, loan or other instrument of indebtedness entered into by ACNW and a third party shall not in any way constitute an obligation, either general, special, or moral, of the School. ACNW will never pledge the full faith and credit of the School for the payment of any ACNW contract, mortgage, loan or other instrument of indebtedness.

Appears in 2 contracts

Samples: Charter School Contract, Charter School Contract

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Financial Obligations Are Separate. Any contract, mortgage, loan or other instrument of indebtedness entered into by the School and a third party shall not in any way constitute an obligation, either general, special, or moral, moral of ACNWthe Authorizer. The School will never pledge the full faith and credit of ACNW the Authorizer for the payment of any School contract, mortgage, loan or other instrument of indebtedness. Any contract, mortgage, loan or other instrument of indebtedness entered into by ACNW the Authorizer and a third party shall not in any way constitute an obligation, either general, special, or moral, of the School. ACNW The Authorizer will never pledge the full faith and credit of the School for the payment of any ACNW Authorizer contract, mortgage, loan or other instrument of indebtedness.

Appears in 2 contracts

Samples: Charter School Authorizer Contract, Charter School Authorizer Contract

Financial Obligations Are Separate. Any contract, mortgage, loan or other instrument of indebtedness entered into by the School and a third party shall not in any way anyway constitute an obligation, either general, special, or moral, of ACNWthe District. The School will never pledge the full faith and credit of ACNW the District for the payment of any School contract, mortgage, loan or other instrument of indebtedness. Any contract, mortgage, loan or other instrument of indebtedness entered into by ACNW The District and a third party shall not in any way anyway constitute an obligation, either general, special, or moral, of the School. ACNW The District will never pledge the full faith and credit of the School for the payment of any ACNW District contract, mortgage, loan or other instrument of indebtedness.

Appears in 1 contract

Samples: Charter School Contract

Financial Obligations Are Separate. Any contract, mortgage, loan or other instrument of indebtedness entered into by the School and a third party shall not in any way constitute an obligation, either general, special, or moral, of ACNWthe District. The School will never pledge the full faith and credit of ACNW the District for the payment of any School contract, mortgage, loan or other instrument of indebtedness. Any contract, mortgage, loan or other instrument of indebtedness entered into by ACNW The District and a third party shall not in any way constitute an obligation, either general, special, or moral, of the School. ACNW The District will never pledge the full faith and credit of the School for the payment of any ACNW District contract, mortgage, loan or other instrument of indebtedness.

Appears in 1 contract

Samples: Charter School Contract

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Financial Obligations Are Separate. Any contract, mortgage, loan or other instrument of indebtedness entered into by the School and a third party shall not in any way anyway constitute an obligation, either general, special, or moral, moral of ACNWthe Authorizer. The School will never pledge the full faith and credit of ACNW the Authorizer for the payment of any School contract, mortgage, loan or other instrument of indebtedness. Any contract, mortgage, loan or other instrument of indebtedness entered into by ACNW the Authorizer and a third party shall not in any way anyway constitute an obligation, either general, special, or moral, of the School. ACNW The Authorizer will never pledge the full faith and credit of the School for the payment of any ACNW Authorizer contract, mortgage, loan or other instrument of indebtedness.

Appears in 1 contract

Samples: Charter School Authorizer Contract

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