Common use of Full Faith and Credit Pledge Clause in Contracts

Full Faith and Credit Pledge. The Recipient pledges its full faith and credit and taxing power within the limitations of Article XI, sections 11 and 11 b, of the Oregon Constitution to pay the amounts due under this Contract. This Contract is payable from and secured by all lawfully available funds of Recipient.

Appears in 3 contracts

Samples: Financing Contract, Financing Contract, Financing Contract

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Full Faith and Credit Pledge. The Recipient pledges its full faith and credit and taxing power within the limitations of Article XI, sections 11 and 11 b11b, of the Oregon Constitution to pay the amounts due under this Contract. This All amounts due under this Contract is are payable from and secured by all lawfully available funds of Recipient.

Appears in 1 contract

Samples: Financing Contract

Full Faith and Credit Pledge. The Recipient pledges its full faith and credit and taxing power within the limitations of Article XI, sections 11 and 11 b, of the Oregon Constitution to pay the amounts due under this Contract. This All amounts due under this Contract is are payable from and secured by all lawfully available funds of Recipient.

Appears in 1 contract

Samples: Financing Contract

Full Faith and Credit Pledge. The Recipient pledges its full faith and credit and taxing power within the limitations of Article XI, sections 11 and 11 b, of the Oregon Constitution to pay the amounts due under this Contract. This All amounts due under this Contract is are payable from and secured by all lawfully available funds of Recipient.

Appears in 1 contract

Samples: Financing Contract

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Full Faith and Credit Pledge. The Recipient pledges its full faith and credit and taxing power within the limitations of Article XI, sections 11 and 11 b11b, of the Oregon Constitution to pay the amounts due under this Contract. This Contract is payable from and secured by all lawfully legally available funds of Recipient, including but not limited to all revenues derived from water system users.

Appears in 1 contract

Samples: Financing Contract

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