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.
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.
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.
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.
Limit of Obligation. For the avoidance of doubt, the parties acknowledge that the obligation imposed under clause 19.3.1 does not extend to:
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.
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.
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.
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.
