Common use of Financial Obligations Are Separate Clause in Contracts

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

Appears in 4 contracts

Samples: Charter School Contract, Charter School Contract, Charter School Contract

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

Appears in 1 contract

Samples: Charter School Contract

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