Common use of Issuer's Limited Liability Clause in Contracts

Issuer's Limited Liability. It is recognized that the Issuer’s only source of funds with which to carry out its commitments under this Agreement will be from the proceeds from the sale of the Bonds or from any available income or earnings derived therefrom, or from any funds which otherwise might be made available by the Company; and it is expressly agreed that the Issuer shall have no financial liability, obligation, or responsibility with respect to this Agreement or the Project except to the extent of funds available from such sources.

Appears in 2 contracts

Samples: Loan Agreement (Environmental Power Corp), Loan Agreement (Environmental Power Corp)

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Issuer's Limited Liability. It is recognized that the Issuer’s 's only source of funds with which to carry out its commitments under this Agreement will be from the proceeds from the sale of the Bonds or from any available income or earnings derived therefrom, from payment made or caused to be made by the Company hereunder, or from any funds which otherwise might be made available by the Company; and it is expressly agreed that the Issuer shall have no financial liability, obligation, or responsibility with respect to this Agreement or the Project Projects except to the extent of funds available from such sources.

Appears in 1 contract

Samples: Payment Agreement (Central Power & Light Co /Tx/)

Issuer's Limited Liability. It is recognized that the Issuer’s 's only source of funds with which to carry out its commitments under this Agreement will be from the proceeds from the sale of the Bonds or from any available income or earnings derived therefrom, or from any funds which otherwise might be made available by the Company; and it is expressly agreed that the Issuer shall have no financial liability, obligation, or responsibility with respect to this Agreement or the Project Projects except to the extent of funds available from such sources.

Appears in 1 contract

Samples: Installment Payment Agreement (Central Power & Light Co /Tx/)

Issuer's Limited Liability. It is recognized that the Issuer’s 's only source of funds with which to carry out its commitments under this Agreement will be from the proceeds from the sale of the Bonds or from any available income or earnings derived therefrom, or from any funds which otherwise might be made available by the Company; , and it is expressly agreed that the Issuer shall have no financial liability, obligation, or responsibility with respect to this Agreement or the Project except to the extent of funds available from such sources.

Appears in 1 contract

Samples: Loan Agreement (Stratagene Corp)

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Issuer's Limited Liability. It is recognized that the Issuer’s 's only source of funds with which to carry out its commitments under this Agreement will be from the proceeds from the sale of the Bonds or from any available income or earnings derived therefrom, or from any funds which otherwise might be made available by the Company; and it is expressly agreed that the Issuer shall have no financial liability, obligation, or responsibility with respect to this Agreement or the Project except to the extent of funds available from such sources.

Appears in 1 contract

Samples: Bond Amortization Agreement (United States Steel Corp)

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