Financial Responsibility. The allocation of funds by the City pursuant to this Agreement shall in no way obligate the City for any financial responsibility incurred by the Project in excess of the funding pledged herein.
Appears in 10 contracts
Samples: Housing Development Organization Agreement, Agreement, Housing Development Organization Agreement
Financial Responsibility. The allocation of funds by the City pursuant to this Agreement shall in no way obligate the City for any financial responsibility incurred by the Project Operating Activities in excess of the funding pledged herein.
Appears in 6 contracts
Samples: Housing Development Organization Agreement, Urbana Home Consortium, Urbana Home Consortium
Financial Responsibility. The allocation of funds by the City pursuant to this Agreement shall in no way obligate the City for any financial responsibility incurred by the Project in excess of the funding pledged herein. The City reserves the right to withhold pledged funds if the City is not satisfied with the terms and conditions of performance outlined in this Agreement.
Appears in 2 contracts
Samples: Developer Agreement, Housing Development Organization Agreement