Common use of General Obligation Clause in Contracts

General Obligation. The Borrower’s repayment obligation constitutes a general obligation of the Borrower secured by a pledge of its full faith and revenue.

Appears in 6 contracts

Samples: Financing Agreement (Artesian Resources Corp), Financing Agreement (Artesian Resources Corp), Financing Agreement (Artesian Resources Corp)

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General Obligation. The Borrower’s repayment obligation constitutes a general obligation of the Borrower Borrower, secured by a pledge of its full faith faith, revenue and revenuecredit.

Appears in 3 contracts

Samples: Financing Agreement (Middlesex Water Co), Financing Agreement (Middlesex Water Co), Financing Agreement (Middlesex Water Co)

General Obligation. The Borrower’s repayment obligation constitutes a general obligation of the Borrower secured by a pledge of its full faith and revenuecredit.

Appears in 1 contract

Samples: Financing Agreement (Artesian Resources Corp)

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General Obligation. The Borrower’s repayment obligation constitutes a general obligation of the Borrower secured by a pledge of its full faith and revenueBorrower.

Appears in 1 contract

Samples: Financing Agreement (Artesian Resources Corp)

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