Common use of No Recourse to Issuer Clause in Contracts

No Recourse to Issuer. The Issuer will not be obligated to pay the Bonds or any fees or expenses incurred in connection therewith except from revenues provided by the Company. The issuance of the Bonds will not directly or indirectly or contingently obligate the Issuer or the State to levy or pledge any form of taxation whatever or to make any appropriation for their payment. Neither the Issuer nor any member, director, employee, agent or officer of the Issuer nor any person executing the Bonds shall be liable personally for the Bonds or be subject to any personal liability or accountability by reason of the issuance of the Bonds.

No Recourse to Issuer. The Issuer will not be obligated to pay the Bonds or any fees or expenses incurred in connection therewith except from revenues provided by the CompanyCompany or from other sources specified in the Indenture. The issuance of the Bonds will not directly or indirectly or contingently obligate the Issuer or the State to levy or pledge any form of taxation whatever or to make any appropriation for their payment. Neither the Issuer nor any member, director, employee, agent member or officer of the Issuer nor any person executing the Bonds shall be liable personally for the Bonds or be subject to any personal liability or accountability by reason of the issuance of the Bonds.

No Recourse to Issuer. The Bonds will at all times constitute special, limited obligations of the Issuer. The Issuer will not be obligated to pay the Bonds or any fees or expenses incurred in connection therewith except from revenues provided by the Company. The issuance of the Bonds will not directly or indirectly or contingently obligate the Issuer Issuer, the Commonwealth or the State any of its political subdivisions to levy or pledge any form of taxation whatever or to make any appropriation for their payment. Neither the Issuer nor any member, director, employee, agent commissioner or officer of the Issuer nor any person executing the Bonds shall will be liable personally for the Bonds or be subject to any personal liability or accountability by reason of the issuance of the Bonds.

No Recourse to Issuer. The Issuer will not be obligated to pay the Bonds or any fees or expenses incurred in connection therewith except from revenues provided by the Company. The issuance of the Bonds will not directly or indirectly or contingently obligate the Issuer or the State to levy or pledge any form of taxation whatever or to make any appropriation for their payment. Neither the Issuer nor any member, director, employee, agent member or officer of the Issuer nor any person executing the Bonds shall be liable personally for the Bonds or be subject to any personal liability or accountability by reason of the issuance of the Bonds.