Common use of Rental Payments to Constitute Clause in Contracts

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 and shall not in any way be construed to be a debt of Lessee in contravention of any applicable constitutional or statutory limitations or requirements concerning the creation of indebtedness by Xxxxxx, nor shall anything contained herein constitute a pledge of the general tax revenues, funds or monies of Lessee.

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 limitations limitation or requirements requirement concerning the creation of indebtedness by Xxxxxx, nor shall anything contained herein constitute a pledge of the general tax revenues, funds or monies moneys of Lessee.

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 and shall not in any way be construed to be a debt of Lessee in contravention of any applicable constitutional or statutory limitations limitation or requirements requirement concerning the creation of indebtedness by XxxxxxLessee, nor shall anything contained herein constitute a pledge of the general tax revenues, funds or monies moneys of Lessee.

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 and shall not in any way be construed to be a debt of Lessee in contravention of any applicable constitutional constitutional, statutory or statutory limitations charter limitation or requirements requirement concerning the creation of indebtedness by XxxxxxLessee, nor shall anything contained herein constitute a pledge of the general tax revenues, funds faith and credit or monies taxing power of Lessee.