Common use of School Debt Clause in Contracts

School Debt. The School is responsible for all debts of the School. The Sponsor may not assume the debt from any contractual services made between the governing body of the School, the Management Company, and/or a third parties.

School Debt. The School is shall be responsible for all the debts of the School. The 2 Sponsor may not assume the debt from any contractual contracted services made between the 3 governing body of the School, the Management Company, and/or a third parties.

School Debt. The School is shall be responsible for all the debts of the School. The 19 Sponsor may not assume the debt from any contractual contracted services made between the 20 governing body of the School, the Management Company, and/or a third parties.