Limited Public Obligation Sample Clauses

Limited Public Obligation. Developer acknowledges that: (A) in no event may the City’s General Fund or any of the Agency’s general funds be obligated for any Agency indebtedness under this Financing Plan; and (B) the Agency must apply Net Available Increment (including Excess Increment, if any) only in compliance with the CCRL and this Financing Plan.
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Limited Public Obligation. Developer acknowledges that in no event may the City’s General Fund or any of Authority’s general funds be obligated to finance the Qualified Project Costs other than as set forth in this Financing Plan without City’s or Authority’s express written consent, as applicable.
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