Common use of Source of Payment of Funding Loan and Other Obligations Clause in Contracts

Source of Payment of Funding Loan and Other Obligations. The Funding Loan and the Governmental Lender Notes are limited obligations of the Governmental Lender, payable solely from the Pledged Revenues and other funds and moneys and Security pledged and assigned hereunder. None of the Governmental Lender, the City of Anaheim, the State, or any political subdivision thereof (except the Governmental Lender, to the limited extent set forth herein) or any public agency shall in any event be liable for the payment of the principal of, premium (if any) or interest on the Funding Loan or the Governmental Lender Notes or for the performance of any pledge, obligation or agreement of any kind whatsoever with respect thereto except as set forth herein, and none of the Funding Loan or the Governmental Lender Notes or any of the Governmental Lender’s agreements or obligations with respect to the Funding Loan, the Governmental Lender Notes, or hereunder, shall be construed to constitute an indebtedness of or a pledge of the faith and credit of or a loan of the credit of or a moral obligation of any of the foregoing within the meaning of any constitutional or statutory provision whatsoever. The Governmental Lender has no taxing power.

Appears in 3 contracts

Samples: Funding Loan Agreement, Funding Loan Agreement, Funding Loan Agreement

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Source of Payment of Funding Loan and Other Obligations. The Funding Loan and the Governmental Lender Notes are limited obligations of the Governmental Lender, payable solely from the Pledged Revenues and other funds and moneys and Security pledged and assigned hereunder. None of the Governmental LenderLender (except as provided in the first sentence of this Section 5.1), the City of AnaheimChula Vista, the State, or any political subdivision thereof (except the Governmental Lender, to the limited extent set forth herein) or any public agency ), shall in any event be liable for the payment of the principal of, premium (if any) or interest on the Funding Loan or the Governmental Lender Notes or for the performance of any pledge, obligation or agreement of any kind whatsoever with respect thereto except as set forth herein, and none of the Funding Loan Loan, or the Governmental Lender Notes Note or any of the Governmental Lender’s agreements or obligations with respect to the Funding Loan, the Governmental Lender Notes, or hereunderhereunder or under any of the other Funding Loan Documents, shall be construed to constitute an indebtedness of or a pledge of the faith and credit of or a loan of the credit of or a moral obligation of any of the foregoing within the meaning of any constitutional or statutory provision whatsoever. The Governmental Lender has no taxing power.

Appears in 2 contracts

Samples: Funding Loan Agreement, Funding Loan Agreement

Source of Payment of Funding Loan and Other Obligations. The Funding Loan and the Governmental Lender Notes are limited obligations of the Governmental Lender, payable solely from the Pledged Revenues and other funds and moneys and Security pledged and assigned hereunder. None of Neither the Governmental Lender, the City of Anaheim, the State, or nor any political subdivision thereof (except the Governmental Lender, to the limited extent set forth herein) or nor any public agency shall in any event be liable for the payment of the principal of, premium (if any) or interest on the Funding Loan or the Governmental Lender Notes or for the performance of any pledge, obligation or agreement of any kind whatsoever with respect thereto except as set forth 1172875.DOC herein, and none of the Funding Loan or the Governmental Lender Notes or any of the Governmental Lender’s agreements or obligations with respect to the Funding Loan, the Governmental Lender Notes, or hereunder, shall be construed to constitute an indebtedness of or a pledge of the faith and credit of or a loan of the credit of or a moral obligation of any of the foregoing within the meaning of any constitutional or statutory provision whatsoever. The Governmental Lender has no taxing power.

Appears in 1 contract

Samples: Funding Loan Agreement

Source of Payment of Funding Loan and Other Obligations. The Funding Loan and the Governmental Lender Notes are is a limited obligations obligation of the Governmental Lender, payable solely from the Pledged Revenues and other funds and moneys and Security pledged and assigned hereunder. None of the Governmental LenderLender (except as provided in the first sentence of this Section 5.1), the City of AnaheimConcord, the State, or any political subdivision thereof (except the Governmental Lender, to the limited extent set forth herein) or any public agency ), shall in any event be liable for the payment of the principal of, premium (if any) or interest on the Funding Loan or the Governmental Lender Notes or for the performance of any pledge, obligation or agreement of any kind whatsoever with respect thereto except as set forth herein, and none of the Funding Loan Loan, or the Governmental Lender Notes Note or any of the Governmental Lender’s agreements or obligations with respect to the Funding Loan, the Governmental Lender NotesNote, or hereunderhereunder or under any of the other Funding Loan Documents, shall be construed to constitute an indebtedness of or a pledge of the faith and credit of or a loan of the credit of or a moral obligation of any of the foregoing within the meaning of any constitutional or statutory provision whatsoever. The Governmental Lender has no taxing power.

Appears in 1 contract

Samples: Funding Loan Agreement

Source of Payment of Funding Loan and Other Obligations. The Funding Loan and the Governmental Lender Notes are limited obligations of the Governmental Lender, Note is payable solely from the Pledged Revenues and any other revenues, funds and moneys and Security or assets of the Governmental Lender pledged and assigned hereunderunder this Funding Loan Agreement and not from any other revenues, funds or assets of the Governmental Lender. None of the Governmental Lender, the City of Anaheim, the State, or any political subdivision thereof (except the Governmental Lender, to the limited extent set forth herein) or nor any public agency shall in any event be liable for the payment of the principal of, premium (if any) or interest on the Governmental Lender Note and the Funding Loan or the Governmental Lender Notes or for the performance of any pledge, obligation or agreement of any kind whatsoever with respect thereto except as set forth herein, and none of the Funding Loan or the Governmental Lender Notes Note or any of the Governmental Lender’s agreements or obligations with respect to the Funding Loan, the Governmental Lender NotesNote, or hereunder, shall be construed to constitute an indebtedness of or a pledge of the faith and credit of or a loan of the credit of or a moral obligation of any of the foregoing within the meaning of any constitutional or statutory provision whatsoever. The Neither the faith, revenues, credit nor taxing power of the Governmental Lender, the State or any other political corporation or subdivision or 4810-8817-5806.3 agency thereof shall be pledged to the payment ofthe principal of, premium (if any), or interest on the Governmental Lender has no taxing powerNote or this Funding Loan Agreement.

Appears in 1 contract

Samples: Funding Loan Agreement

Source of Payment of Funding Loan and Other Obligations. The Funding Loan and the Governmental Lender Notes Note are limited obligations of the Governmental Lender, payable solely from the Pledged Revenues and other funds and moneys and Security pledged and assigned hereunder. None of the Governmental Lender, the City any of Anaheimits members, the State, or nor any political subdivision thereof (except the Governmental Lender, to the limited extent set forth herein) or nor any public agency shall in any event be liable for the payment of the principal of, premium Prepayment Premium (if any) or interest on the Funding Loan or the Governmental Lender Notes Note or for the performance of any pledge, obligation or agreement of any kind whatsoever with respect thereto except as set forth herein, and none of the Funding Loan or the Governmental Lender Notes Note or any of the Governmental Lender’s agreements or obligations with respect to the Funding Loan, the Governmental Lender NotesNote, or hereunder, shall be construed to constitute an indebtedness of or a pledge of the faith and credit of or a loan of the credit of or a moral obligation of any of the foregoing within the meaning of any constitutional or statutory provision whatsoever. The Governmental Lender has no taxing power.

Appears in 1 contract

Samples: Funding Loan Agreement

Source of Payment of Funding Loan and Other Obligations. The Funding Loan and the Governmental Lender Notes Note are limited obligations of the Governmental Lender, payable solely from the Pledged Revenues and other funds and moneys and Security pledged and assigned hereunder. None Neither of the Governmental Lender, the City any of Anaheimits program participants, the State, or nor any political subdivision thereof (except the Governmental Lender, to the limited extent set forth herein) or nor any public agency shall in any event be liable for the payment of the principal of, premium (if any) or interest on the Funding Loan or the Governmental Lender Notes Note or for the performance of any pledge, obligation or agreement of any kind whatsoever with respect thereto except as set forth herein, and none of the Funding Loan or the Governmental Lender Notes Note or any of the Governmental Lender’s agreements or obligations with respect to the Funding Loan, the Governmental Lender NotesNote, or hereunder, shall be construed to constitute an indebtedness of or a pledge of the faith and credit of or a loan of the credit of or a moral obligation of any of the foregoing within the meaning of any constitutional or statutory provision whatsoever. The Governmental Lender has no taxing power.

Appears in 1 contract

Samples: Funding Loan Agreement

Source of Payment of Funding Loan and Other Obligations. The Funding Loan and the Governmental Lender Notes are is a limited obligations obligation of the Governmental Lender, payable solely from the Pledged Revenues and other funds and moneys and Security pledged and assigned hereunder. None of the Governmental LenderLender (except as provided in the first sentence of this Section 5.1), the City of AnaheimSan Xxxx, the State, or any political subdivision thereof (except the Governmental Lender, to the limited extent set forth herein) or any public agency ), shall in any event be liable for the payment of the principal of, premium (if any) or interest on the Funding Loan or the Governmental Lender Notes or for the performance of any pledge, obligation or agreement of any kind whatsoever with respect thereto except as set forth herein, and none of the Funding Loan Loan, or the Governmental Lender Notes or any of the Governmental Lender’s agreements or obligations with respect to the Funding Loan, the Governmental Lender Notes, or hereunderhereunder or under any of the other Funding Loan Documents, shall be construed to constitute an indebtedness of or a pledge of the faith and credit of or a loan of the credit of or a moral obligation of any of the foregoing within the meaning of any constitutional or statutory provision whatsoever. The Governmental Lender has no taxing power.

Appears in 1 contract

Samples: Funding Loan Agreement

Source of Payment of Funding Loan and Other Obligations. The Funding Loan and the Governmental Lender Notes Note are limited obligations of the Governmental Lender, payable solely from the Pledged Revenues and other funds and moneys and Security pledged and assigned hereunder. None of the Governmental Lender, the City of Anaheim, the State, or any political subdivision thereof (except the Governmental Lender, to the limited extent set forth herein) or nor any public agency shall in any event be liable for the payment of the principal of, premium (if any) or interest on the Governmental Lender Note and the Funding Loan or the Governmental Lender Notes or for the performance of any pledge, obligation or agreement of any kind whatsoever with respect thereto except as set forth herein, and none of the Funding Loan or the Governmental Lender Notes Note or any of the Governmental Lender’s agreements or obligations with respect to the Funding Loan, the Governmental Lender NotesNote, or hereunder, shall be construed to constitute an indebtedness of or a pledge of the faith and credit of or a loan of the credit of or a moral obligation of any of the foregoing within the meaning of any constitutional or statutory provision whatsoever. The Governmental Lender has no taxing power.

Appears in 1 contract

Samples: Funding Loan Agreement

Source of Payment of Funding Loan and Other Obligations. The Funding Loan and the Governmental Lender Notes are special, limited obligations of the Governmental Lender, payable solely from the Pledged Revenues and other funds and moneys and Security pledged and assigned hereunder. None of the Governmental Lender, the City of Anaheim, the State, or any political subdivision thereof (except the Governmental Lender, to the limited extent set forth herein) or nor any public agency shall in any event be liable for the payment of the principal of, premium (if any) or interest on the Funding Loan or the Governmental Lender Notes or for the performance of any pledge, obligation or agreement of any kind whatsoever with respect thereto except as set forth herein, and none of the Funding Loan or the Governmental Lender Notes or any of the Governmental Lender’s agreements or obligations with respect to the Funding Loan, the Governmental Lender Notes, or hereunder, shall be construed to constitute an indebtedness of or a pledge of the faith and credit of or a loan of the credit of or a moral obligation of any of the foregoing within the meaning of any constitutional or statutory provision whatsoever. The Governmental Lender has no taxing power.

Appears in 1 contract

Samples: Funding Loan Agreement

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Source of Payment of Funding Loan and Other Obligations. The Funding Loan and the Governmental Lender Notes Note are limited obligations of the Governmental Lender, payable solely from the Pledged Revenues and other funds and moneys and Security pledged and assigned hereunder. None of the Governmental LenderLender (except as provided in the first sentence of this Section 5.1), the City of AnaheimRichmond, California, or the State, State or any political subdivision thereof (except the Governmental Lender, to the limited extent set forth herein) or nor any other public agency shall in any event be liable for the payment of the principal of, premium Prepayment Premium (if any) or interest on the Governmental Lender Note and the Funding Loan or the Governmental Lender Notes or for the performance of any pledge, obligation or agreement of any kind whatsoever with respect thereto except as set forth herein, and none of the Funding Loan or the Governmental Lender Notes Note or any of the Governmental Lender’s agreements or obligations with respect to the Funding Loan, the Governmental Lender NotesNote, or hereunderhereunder or under any of the other Funding Loan Documents, shall be construed to constitute an indebtedness of or a pledge of the faith and credit of or a loan of the credit of or a moral obligation of any of the foregoing within the meaning of any constitutional or statutory provision whatsoever. The Governmental Lender has no taxing power.

Appears in 1 contract

Samples: Funding Loan Agreement

Source of Payment of Funding Loan and Other Obligations. The Funding Loan and the Governmental Lender Notes are is a limited obligations obligation of the Governmental Lender, payable solely from the Pledged Revenues and other funds and moneys and Security pledged and assigned hereunder. None of the Governmental LenderLender (except as provided in the first sentence of this Section 5.1), the City of AnaheimOakley, the State, or any political subdivision thereof (except the Governmental Lender, to the limited extent set forth herein) or any public agency ), shall in any event be liable for the payment of the principal of, premium (if any) or interest on the Funding Loan or the Governmental Lender Notes or for the performance of any pledge, obligation or agreement of any kind whatsoever with respect thereto except as set forth herein, and none of the Funding Loan Loan, or the Governmental Lender Notes Note or any of the Governmental Lender’s agreements or obligations with respect to the Funding Loan, the Governmental Lender NotesNote, or hereunderhereunder or under any of the other Funding Loan Documents, shall be construed to constitute an indebtedness of or a pledge of the faith and credit of or a loan of the credit of or a moral obligation of any of the foregoing within the meaning of any constitutional or statutory provision whatsoever. The Governmental Lender has no taxing power.

Appears in 1 contract

Samples: Funding Loan Agreement

Source of Payment of Funding Loan and Other Obligations. The Funding Loan and the Governmental Lender Notes are is a limited obligations obligation of the Governmental Lender, payable solely from the Pledged Revenues and other funds and moneys and Security pledged and assigned hereunder. None of the Governmental LenderLender (except as provided in the first sentence of this Section 5.1), the City of AnaheimWalnut Creek, the State, or any political subdivision thereof (except the Governmental Lender, to the limited extent set forth herein) or any public agency ), shall in any event be liable for the payment of the principal of, premium (if any) or interest on the Funding Loan or the Governmental Lender Notes or for the performance of any pledge, obligation or agreement of any kind whatsoever with respect thereto except as set forth herein, and none of the Funding Loan Loan, or the Governmental Lender Notes Note or any of the Governmental Lender’s agreements or obligations with respect to the Funding Loan, the Governmental Lender NotesNote, or hereunderhereunder or under any of the other Funding Loan Documents, shall be construed to constitute an indebtedness of or a pledge of the faith and credit of or a loan of the credit of or a moral obligation of any of the foregoing within the meaning of any constitutional or statutory provision whatsoever. The Governmental Lender has no taxing power.

Appears in 1 contract

Samples: Funding Loan Agreement

Source of Payment of Funding Loan and Other Obligations. The Funding Loan and the Governmental Lender Notes Note are limited obligations of the Governmental Lender, payable solely from the Pledged Revenues and other funds and moneys and Security pledged and assigned hereunder. None of the Governmental Lender, any of its members, the City Association of AnaheimBay Area Governments, the State, or any political subdivision thereof (except the Governmental Lender, to the limited extent set forth herein) or nor any public agency shall in any event be liable for the payment of the principal of, premium (if any) or interest on the Funding Loan or the Governmental Lender Notes Note or for the performance of any pledge, obligation or agreement of any kind whatsoever with respect thereto except as set forth herein, and none of the Funding Loan or the Governmental Lender Notes Note or any of the Governmental Lender’s agreements or obligations with respect to the Funding Loan, the Governmental Lender NotesNote, or hereunder, shall be construed to constitute an indebtedness of or a pledge of the faith and credit of or a loan of the credit of or a moral obligation of any of the foregoing within the meaning of any constitutional or statutory provision whatsoever. The Governmental Lender has no taxing power.

Appears in 1 contract

Samples: Borrower Loan Agreement

Source of Payment of Funding Loan and Other Obligations. The Funding Loan and the Governmental Lender Notes are limited obligations of the Governmental Lender, payable solely from the Pledged Revenues and other funds and moneys and Security pledged and assigned hereunder. None of the Governmental Lender, the City of Anaheim, the State, or any political subdivision thereof (except the Governmental Lender, to the limited extent set forth herein) or nor any public agency shall in any event be liable for the payment of the principal of, premium (if any) or interest on the Funding Loan or the Governmental Lender Notes and the Funding Loan or for the performance of any pledge, obligation or agreement of any kind whatsoever with respect thereto except as set forth herein, and none of the Funding Loan or the Governmental Lender Notes or any of the Governmental Lender’s agreements or obligations with respect to the Funding Loan, the Governmental Lender Notes, or hereunder, shall be construed to constitute an indebtedness of or a pledge of the faith and credit of or a loan of the credit of or a moral obligation of any of the foregoing within the meaning of any constitutional or statutory provision whatsoever. The Governmental Lender has no taxing power.

Appears in 1 contract

Samples: Funding Loan Agreement

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