Common use of Non Liability of Authority Expenses Indemnification Clause in Contracts

Non Liability of Authority Expenses Indemnification. SECTION 7.1 Non-Liability of Authority. Other than set forth herein or in the Indenture, the Authority shall not be obligated to pay 2022 Purchase Payments. Neither the faith and credit nor the taxing power of the State or any political subdivision thereof is pledged to the payment of the principal of, premium, if any, or interest on the 2022 Bonds.

Appears in 2 contracts

Samples: Installment Purchase Agreement, Installment Purchase Agreement

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Non Liability of Authority Expenses Indemnification. SECTION 7.1 Non-Liability of Authority. Other than set forth herein or in the Indenture, the Authority shall not be obligated to pay 2022 2015-A Purchase Payments. Neither the faith and credit nor the taxing power of the State or any political subdivision thereof is pledged to the payment of the principal of, premium, if any, or interest on the 2022 2015-A Bonds.

Appears in 2 contracts

Samples: Installment Purchase Agreement, Installment Purchase Agreement

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Non Liability of Authority Expenses Indemnification. SECTION 7.1 Non-Liability of Authority. Other than set forth herein or in the Indenture, the Authority shall not be obligated to pay 2022 2016-A Purchase Payments. Neither the faith and credit nor the taxing power of the State or any political subdivision thereof is pledged to the payment of the principal of, premium, if any, or interest on the 2022 2016-A Bonds.

Appears in 1 contract

Samples: Installment Purchase Agreement

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