Common use of Limitation of County’s Liability Clause in Contracts

Limitation of County’s Liability. Anything herein to the contrary notwithstanding, any financial obligation the County may incur hereunder, including for the payment of money, shall not be deemed to constitute a pecuniary liability or a debt or general obligation of the County [(it being intended herein that any obligations of the County with respect to the Special Source Revenue Credits shall be payable only from FILOT payments received from or payable by the Company or any Sponsor Affiliates)]; provided, however, that nothing herein shall prevent the Company from enforcing its rights hereunder by suit for mandamus or specific performance.

Appears in 3 contracts

Samples: Tax and Special Source Credit Agreement, Tax and Special Source Credit Agreement, Special Source Credit Agreement

AutoNDA by SimpleDocs

Limitation of County’s Liability. Anything herein to the contrary notwithstanding, any financial obligation the County may incur hereunder, including for the payment of money, shall not be deemed to constitute a pecuniary liability or a debt or general obligation of the County [(it being intended herein that any obligations of the County with respect to the Special Source Revenue Credits shall be payable only from FILOT payments Payments received from or payable by the Company or any Sponsor Affiliates)]; provided, however, that nothing herein shall prevent the Company from enforcing its rights hereunder by suit for mandamus or specific performance.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement

Limitation of County’s Liability. Anything herein to the contrary notwithstanding, any financial obligation the County may incur hereunder, including for the payment of money, shall not be deemed to constitute a pecuniary liability or a debt or general obligation of the County [(it being intended herein that any obligations of the County with respect to the Special Source Revenue Credits shall be payable only from FILOT payments received from or payable by the Company or any Sponsor Affiliates)]; provided, however, that nothing herein shall prevent the Company from enforcing its rights hereunder by suit for mandamus or specific performance.

Appears in 1 contract

Samples: Tax and Special Source Credit Agreement

AutoNDA by SimpleDocs

Limitation of County’s Liability. Anything herein to the contrary notwithstanding, any financial obligation the County may incur hereunder, including for the payment of money, shall not be deemed to constitute a pecuniary liability or a debt or general obligation of the County [(it being intended herein that any obligations of the County with respect to the Special Source Revenue Credits shall be payable only from FILOT payments Payments received from or payable by the Company Co-Sponsors or any Sponsor Affiliates)]; provided, however, that nothing herein shall prevent the Company Co-Sponsors from enforcing its their rights hereunder by suit for mandamus or specific performance.

Appears in 1 contract

Samples: Tax and Special Source Credit Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!