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

Limitation of Issuer’s Liability. Anything contained in this Loan Agreement to the contrary notwithstanding, any obligation the Issuer may incur in connection with the undertaking of the Project for the payment of money shall not be deemed to constitute a debt or general obligation of the Issuer or the Xxxxxx County Board of Commissioners but shall be payable solely from the revenues and receipts derived by it from the loan of the proceeds of the sale of the Bonds pursuant to this Loan Agreement, including payments received under the Note and from payments pursuant to the Letter of Credit. No provision in this Loan Agreement or any obligation herein imposed upon the Issuer, or the breach thereof, shall constitute or give rise to or impose upon the Issuer a pecuniary liability or a charge upon its general credit or taxing powers. No officer or member of the Issuer shall be personally liable on this Loan Agreement.

Limitation of Issuer’s Liability. Anything contained in this Loan Agreement to the contrary notwithstanding, any obligation the Issuer may incur in connection with the undertaking of the Project for the payment of money shall not be deemed to constitute a debt or general obligation of the Issuer Issuer, the State or the Xxxxxx County Board of Commissioners any political subdivision thereof, but shall be payable solely from the rents, revenues and receipts derived by it from the loan of the proceeds of the sale of the Bonds pursuant to this Loan Agreement, including payments received under the Note and from payments made pursuant to the Letter of CreditCredit Facility. No provision in this Loan Agreement or any obligation herein imposed upon the Issuer, or the breach thereof, shall constitute or give rise to or impose upon the Issuer Issuer, the County, the State or any political subdivision thereof a pecuniary liability or a charge upon its general credit or taxing powers. No officer or member of the Issuer shall be personally liable on this Loan AgreementAgreement or any of the Issuer Documents.

Limitation of Issuer’s Liability. Anything contained in this Loan Agreement to the contrary notwithstanding, any obligation the Issuer may incur in connection with the undertaking of the Project for the payment of money shall not be deemed to constitute a debt or general obligation of the Issuer Issuer, the State or the Xxxxxx County Board of Commissioners any political subdivision thereof, but shall be payable solely from the revenues and receipts derived received by it from under this Agreement and the loan of the proceeds of the sale of the Bonds pursuant to this other Borrower Loan Agreement, including payments received under the Note Documents and from payments made pursuant to the Letter of Credit, if any. No provision in this Loan Agreement or any obligation herein imposed upon the Issuer, or the breach thereof, shall constitute or give rise to or impose upon the Issuer Issuer, the State or any political subdivision thereof a pecuniary liability or a charge upon its general credit or taxing powers. The Issuer has no taxing power. No officer officer, director, employee, council member or member agent of the Issuer or shall be personally liable on this Loan Agreement.

Limitation of Issuer’s Liability. Anything contained in this Loan Agreement to the contrary notwithstanding, any obligation the Issuer may incur in connection with the undertaking of the Project project for the payment of money shall not be deemed to constitute a debt or general obligation of the Issuer Issuer, the Governmental Unit, the State or the Xxxxxx County Board of Commissioners any political subdivision thereof, but shall be payable solely from the revenues and receipts derived by it from the loan of the proceeds of the sale of the Bonds pursuant to this Loan AgreementAgreement and the Note, including payments received under the Note Note, and from payments made pursuant to the Letter of Credit. No provision in this Loan Agreement or any obligation herein imposed upon the Issuer, Issuer or the breach thereof, shall constitute or give rise to or impose upon the Issuer Issuer, the Governmental Unit, the State or any political subdivision thereof a pecuniary liability or a charge upon its general credit or taxing powers. No officer or member of the Issuer shall be personally liable on this Loan Agreement.

Limitation of Issuer’s Liability. Anything contained in this Loan Agreement to the contrary notwithstanding, any obligation the Issuer may incur in connection with the undertaking of the Project for or the payment of money shall not be deemed to constitute a debt or general obligation of the Issuer Issuer, the State or the Xxxxxx County Board of Commissioners any political subdivision thereof, but shall be payable solely from the revenues and receipts derived Revenues received by it from as described in this Agreement and the loan Indenture (or, in the case of payments of the proceeds Purchase Price of Bonds, from amounts available for that purpose as described in this Agreement and the sale of the Bonds pursuant to this Loan Agreement, including payments received under the Note and from payments pursuant to the Letter of CreditIndenture). No provision in this Loan Agreement or any obligation herein imposed upon the Issuer, or the breach thereof, shall constitute or give rise to or impose upon the Issuer Issuer, the State or any political subdivision thereof a pecuniary liability or a charge upon its their general credit or taxing powers. No officer officer, director, employee, member or member agent of the Issuer shall be personally liable on under this Loan Agreement.