Common use of Limited Obligation Clause in Contracts

Limited Obligation. The Bonds and Additional Bonds are limited obligations of the District and are payable solely from and secured solely by the Special Tax Revenues and the amounts on deposit in the Bond Fund, the Special Tax Fund, the Redemption Fund, and the Delinquency Management Fund, created hereunder, and do not constitute a debt or liability of the City, the State, or of any political subdivision thereof.

Limited Obligation. The Bonds and Additional Bonds are limited obligations of the City on behalf of the District and are payable solely from and secured solely by the Special Tax Revenues and the amounts on deposit in the Bond Fund, the Special Tax Fund, the Redemption Fundcertain funds created hereunder as, and to the Delinquency Management Fundextent, created hereunder, and do not constitute a debt or liability of the City, the State, or of any political subdivision thereofset forth in Section 4.01.

Limited Obligation. The Bonds and Additional Bonds are limited obligations of the District and are payable solely from and secured solely by the Special Tax Revenues and the amounts on deposit in the Bond Fund, Fund and the Special Tax Fund, the Redemption Fund, and the Delinquency Management Fund, Fund created hereunder, and do not constitute a debt or liability of the City, the State, or of any political subdivision thereof.

Limited Obligation. The Bonds and Additional Bonds are limited obligations of the City on behalf of the District and are payable solely from and secured solely by the Special Tax Revenues and the amounts on deposit in the Bond Fund, the Reserve Fund and the Special Tax Fund, the Redemption Fund, and the Delinquency Management Fund, Fund created hereunder, and do not constitute a debt or liability of the City, the State, or of any political subdivision thereof.