Rental Payments to Constitute a Current Expense of Lessee. Lessor and Lessee understand and intend that the obligation of Lessee to pay Rental Payments shall constitute a current expense of Lessee payable solely from its general fund or other funds that are legally available for that purpose and shall not in any way be construed to be a debt of Lessee in contravention of any applicable constitutional or statutory limitation or requirement concerning the creation of indebtedness by Xxxxxx, nor shall anything contained herein constitute a pledge of the general tax revenues, funds or moneys of Lessee.
Appears in 6 contracts
Samples: Equipment Lease/Purchase Agreement, Equipment Lease/Purchase Agreement, Equipment Lease/Purchase Agreement
Rental Payments to Constitute a Current Expense of Lessee. Lessor and Lessee understand and intend that the obligation of Lessee to pay Rental Payments shall constitute a current expense of Lessee payable solely from its general fund or other funds that are legally available for that purpose and shall not in any way be construed to be a debt of Lessee in contravention of any applicable constitutional or statutory limitation or requirement concerning the creation of indebtedness by XxxxxxLessee, nor shall anything contained herein constitute a pledge of the general tax revenues, funds or moneys of Lessee.
Appears in 5 contracts
Samples: Equipment Lease/Purchase Agreement, Taxable Ncreb Equipment Lease/Purchase Agreement, Tax Exempt Equipment Lease/Purchase Agreement
Rental Payments to Constitute a Current Expense of Lessee. Lessor and Lessee understand and intend that the obligation of Lessee to pay Rental Payments under each Lease shall constitute a current expense of Lessee payable solely from its general fund or other funds that are legally available for that purpose and shall not in any way be construed to be a debt of Lessee in contravention of any applicable constitutional or statutory limitation or requirement concerning the creation of indebtedness by XxxxxxLessee, nor shall anything contained herein in this Agreement or in any Lease constitute a pledge of the general tax revenues, funds or moneys of Lessee.
Appears in 2 contracts
Samples: Master Equipment Lease/Purchase Agreement, Master Equipment Lease/Purchase Agreement
Rental Payments to Constitute a Current Expense of Lessee. Lessor and Lessee understand and intend that the The obligation of Lessee to pay Rental Payments shall constitute hereunder is a current expense of Lessee payable solely from its general fund or other funds that are legally available for that purpose and shall not in any way be construed to be a debt of Lessee in contravention of any applicable constitutional limitations or statutory limitation or requirement concerning the creation of indebtedness by Xxxxxxrequirements, nor shall anything contained herein constitute a pledge of the general tax revenues, funds or moneys monies of Lessee.
Appears in 1 contract
Samples: Municipal Lease and Option Agreement
Rental Payments to Constitute a Current Expense of Lessee. Lessor and Lessee understand and intend that the obligation of Lessee to pay Rental Payments under each Lease shall constitute a current expense of Lessee payable solely from its general fund or other funds that are legally available for that purpose and shall not in any way be construed to be a debt of Lessee in contravention of any applicable constitutional or statutory limitation or requirement concerning the creation of indebtedness by XxxxxxLessee, nor shall anything contained herein constitute a pledge of the general tax revenues, funds or moneys of Lessee.in
Appears in 1 contract
Rental Payments to Constitute a Current Expense of Lessee. Lessor and Lessee understand and intend that the obligation of Lessee to pay Rental Payments under each Lease shall constitute a current expense of Lessee payable solely from its general fund or other funds that are legally available for that purpose and shall not in any way be construed to be a debt of Lessee in contravention of any applicable constitutional or statutory limitation or requirement concerning the creation of indebtedness by XxxxxxLessee, nor shall anything contained herein or in a Lease constitute a pledge of the general tax revenues, funds or moneys of Lessee.
Appears in 1 contract
Rental Payments to Constitute a Current Expense of Lessee. Lessor and Lessee understand and intend that the obligation of Lessee to pay Rental Payments hereunder shall constitute a current expense of Lessee payable solely from its general fund or other funds that are legally available for that purpose and shall not in any way be construed to be a debt of Lessee in contravention of any applicable constitutional or statutory limitation limitations or requirement requirements concerning the creation of indebtedness by XxxxxxLessee, nor shall anything contained herein constitute a pledge of the general tax revenues, funds or moneys of Lessee.
Appears in 1 contract
Samples: Master Lease/Purchase Agreement
Rental Payments to Constitute a Current Expense of Lessee. Lessor and Lessee understand and intend that the obligation of Lessee to pay Rental Payments shall constitute a current expense of Lessee payable solely from its general fund or other funds that are legally available for that purpose and shall not in any way be construed to be a debt of Lessee in contravention of any applicable constitutional or statutory limitation or requirement concerning the creation of indebtedness by Xxxxxx, nor shall anything contained herein constitute a pledge of the general tax revenues, funds or moneys of Lessee.in
Appears in 1 contract
Samples: Equipment Lease/Purchase Agreement
