Common use of NO PLEDGE OF CREDIT Clause in Contracts

NO PLEDGE OF CREDIT. Neither this Agreement nor any other Operative Agreement shall be deemed to create a debt of the BOR for the payment of any sum beyond the Fiscal Year of execution.‌

Appears in 2 contracts

Samples: Project Operating Agreement, Master Concession Agreement

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NO PLEDGE OF CREDIT. Neither this Agreement Lease nor any other Operative Agreement shall be deemed to create a debt of the BOR for the payment of any sum beyond the Fiscal Year of execution.‌execution.

Appears in 2 contracts

Samples: Housing Lease Agreement, Housing Lease Agreement

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