Limit of Obligation Sample Clauses

Limit of Obligation. By making this commitment to transport Gas to the Customer, the Company is not agreeing that it has any obligation, beyond the term of this Special Contract, to transport Gas to the Customer’s Beluga Power Plant.
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Limit of Obligation. The Grants made hereunder shall be paid solely from lawfully available funds that have been appropriated by the County from property taxes collected from the Annexed Area. Consequently the County shall have no obligation or liability to pay any Grants unless the County appropriates funds to make such payment during the tax year in which such Grant is payable, provided, however, that the County acknowledges its current intent to make such appropriations when Grants are required to be paid hereunder. Under no circumstances shall the County’s obligations hereunder be deemed to create any debt within the meaning of any constitutional or statutory provision. Further, the County shall not be obligated to pay any commercial bank, lender or similar institution for any loan or credit agreement made by Rackspace. None of the County’s obligations under this Agreement shall be pledged or otherwise encumbered in favor of any commercial lender and/or similar financial institution.
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Limit of Obligation. BC Housing’s payment to the Society pursuant to this agreement is limited to payment of the Shelter Subsidy. Any funding required by the Society to augment the difference between the Tenant Rent Contribution less Tenant Shelter Contribution, and the cost of providing support services to the Tenant, is the responsibility of the Society and/or the Health Authority pursuant to the Health Agreement.
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Limit of Obligation. Grants made hereunder shall be paid solely from lawfully available funds that have been appropriated by the City from property and sales taxes collected from the Annexed Area. Consequently the City shall have no obligation or liability to pay any Grants unless the City appropriates funds to make such payment during the tax year in which such Grant is payable, provided, however, that the City acknowledges its current intent to make such appropriations when Grants are required to be paid hereunder. Under no circumstances shall the City’s obligations hereunder be deemed to create any debt within the meaning of any constitutional or statutory provision. Further, the City shall not be obligated to pay any commercial bank, lender or similar institution for any loan or credit agreement made by Rackspace. None of the City’s obligations under this Agreement shall be pledged or otherwise encumbered in favor of any commercial lender and/or similar financial institution.
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Limit of Obligation. VEIC has no legal or financial obligation beyond the funds committed to Contractor in support of the HSL program. VEIC is not subject to further recourse in the event loan losses exceed the amount of its contribution to the Loan Loss Reserve.
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Limit of Obligation. The obligations of the Recipient specified in paragraph III above shall not apply, and the Recipient shall have no further obligations, with respect to any Proprietary Information to the extent that such Proprietary Information. A. Is generally known to the public at the time of disclosure (which recipient can prove by written evidence), or becomes generally known through no wrongful act of the Recipient. B. Is in the Recipient's possession at the time of disclosure (which recipient can prove by written evidence), otherwise than as a result of the Recipient's breach of a legal obligation; C. Becomes known to the Recipient through disclosure by sources other than the Disclosing Party (which recipient can prove by written evidence) having the legal right TO disclose such Proprietary Information; D. Is independently developed by the Recipient without reference to or reliance upon the Proprietary Information; or E. Is required to be disclosed by the Recipient to comply with applicable laws or government regulations, provided the Recipient provides prior written notice of such disclosure to the Disclosing Party and takes reasonable and lawful actions to avoid and/or minimize the extent of such disclosure. Specific information disclosed in connection with the transaction described herein shall not be deemed to be within the public domain merely because it is in the scope of more general information in the public domain. Further, a combination of features shall not be deemed to be within the public domain merely because individual features are within the public domain.
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Limit of Obligation. For the avoidance of doubt, the parties acknowledge that the obligation imposed under clause 19. 3.1 does not extend to: (a) seeking or obtaining any binding tax ruling; or (b) incurring any costs in respect of challenges to proposed tax assessments unless the Crown agrees to reimburse the reasonable costs incurred by Te Runanga or the Ngai Tahu Recipient in relation to items covered by the Crown’s indemnity, before any challenge is made.
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Limit of Obligation. The Grants made hereunder shall be paid solely from the $5,000,000 set aside by the City pursuant to Section 5.1 above. Under no circumstances shall the City’s obligations hereunder be deemed to create any debt within the meaning of any constitutional or statutory provision. Further, the City shall not be obligated to pay any commercial bank, lender or similar institution for any loan or credit agreement made by Developer. The Developer may pledge payments it is to receive hereunder to a commercial bank, lender or similar institution to help finance the project provided that they may not seek recovery against the City until an amount is due hereunder and then only in that amount. The City and the Developer will work together to structure such pledge so that it is acceptable to the Developer’s lender.
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Limit of Obligation. Awards made hereunder shall be paid solely from lawfully available funds that have been appropriated by the CRA. Under no circumstances shall the CRA’S obligations hereunder be deemed to create any debt within the meaning of any constitutional or statutory provision. Further, the CRA shall not be obligated to pay any commercial bank, lender or similar institution for any loan or credit agreement made by OWNER. None of the CRA’S obligations under this Agreement shall be pledged or otherwise encumbered in favor of any commercial lender and/or similar financial institution, or assigned to a third party.
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Related to Limit of Obligation

  • Payment of Obligation 35 10.2 Covenants...................................................... 35 10.3

  • Payment of Obligations Pay, discharge or otherwise satisfy at or before maturity or before they become delinquent, as the case may be, all its material obligations of whatever nature, except where the amount or validity thereof is currently being contested in good faith by appropriate proceedings and reserves in conformity with GAAP with respect thereto have been provided on the books of the Borrower or its Subsidiaries, as the case may be.

  • Guaranty of Obligation Guarantor hereby irrevocably and unconditionally guarantees to Lender and its successors and assigns the payment and performance of the Guaranteed Obligations as and when the same shall be due and payable, whether by lapse of time, by acceleration of maturity or otherwise. Guarantor hereby irrevocably and unconditionally covenants and agrees that it is liable for the Guaranteed Obligations as a primary obligor.

  • SURVIVAL OF OBLIGATION Termination of this ESA for any reason shall not relieve the Town or the Competitive Supplier of any obligation accrued or accruing prior to such termination.

  • Duration of Obligations The Manager’s obligation to provide Disentanglement Services will continue during the period commencing on the date that a Termination Notice is delivered and ending on the date on which the Successor Manager or the re-engaged Manager assumes all of the obligations of the Manager hereunder (the “Disentanglement Period”).

  • Repayment of Obligations Notwithstanding anything to the contrary contained herein, the Borrower shall repay the Advances Outstanding, all accrued and unpaid Yield, any Breakage Fees, Increased Costs, all accrued and unpaid costs and expenses of the Administrative Agent and Lenders and all other Obligations (other than unmatured contingent indemnification obligations) in full on the Facility Maturity Date.

  • Guaranty of Obligations (a) The Guarantor hereby irrevocably and unconditionally guarantees, with effect from date hereof, the prompt and complete payment when due of all of Supplier’s payment obligations under the FSA (to the extent such payment obligations exceed the amount of any Performance Assurance provided to the Creditor by Supplier as defined in and in accordance with the FSA), whether on scheduled payment dates, when due upon demand, upon declaration of termination or otherwise, in accordance with the terms of the FSA and giving effect to any applicable grace period, and, provided only that the Creditor is the prevailing party in any judicial suit, action or proceeding arising out of, resulting from, or in any way relating to this Guaranty, or if by mutual agreement by Guarantor and Creditor, all reasonable out-of-pocket costs and expenses incurred by Creditor in the enforcement of the Guarantor’s obligations or collection under this Guaranty, including reasonable attorney’s fees and expenses (collectively, the “Obligations”). [Optional provision: Notwithstanding anything to the contrary herein, the liability of the Guarantor under this Guaranty and Creditor’s right of recovery hereunder for all Obligations is limited to a total aggregate amount of $ (“Guaranty Amount”), where Guaranty Amount shall be no less than Five Hundred Thousand US Dollars ($500,000).] (b) The limitations on liabilities of the Supplier set forth in Article 10 of the FSA shall also apply to the liabilities of the Guarantor hereunder.

  • Termination of Obligations Termination of this Agreement pursuant to Section 10.1 hereof shall terminate all obligations of the parties hereunder, except for the obligations under Article IX, Article X, and Sections 11.4, 11.7, 11.14, 11.15 and 11.16 hereof; provided, however, that termination pursuant to paragraphs (b) or (c) of Section 10.1 shall not relieve the defaulting or breaching party or parties from any liability to the other parties hereto.

  • Reaffirmation of Obligations Each Loan Party (a) acknowledges and consents to all of the terms and conditions of this Amendment, (b) affirms all of its obligations under the Loan Documents and (c) agrees that this Amendment and all documents executed in connection herewith do not operate to reduce or discharge such Loan Party’s obligations under the Loan Documents.

  • SURVIVABILITY OF OBLIGATIONS All provisions of the Contract that impose continuing obligations on the parties, including but not limited to the warranty, indemnity, and confidentiality obligations of the parties, shall survive the expiration or termination of the Contract.

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