Special Obligation. Notwithstanding anything to the contrary contained herein, and excluding the City’s obligation to pay the City Contribution to the extent required by Section 9.3, the obligation of City to make any payment to Manager to pay or reimburse Manager for payment of the Spectacular Loan or Operating Loans under Section 9.3 is a special obligation of City payable solely from the Gross Revenues otherwise available therefor in accordance with the priority of payment set forth in Section 9.3 of this Agreement and not from any other funds or monies of City. The full faith and credit of City is not available for or pledged to pay or reimburse Manager to pay or repay the Spectacular Loan or Operating Loans.
Special Obligation. 1. In order to participate in a lawful function or event which a teacher conscientiously feels is unavoidable and indispensable to him/her, a one day leave of absence with pay each year, non‐ accumulative, may be allowed provided that:
Special Obligation. The District’s obligation to pay the Loan Repayments is a special obligation of the District limited solely to the Net Revenues and from amounts pledged by the District under Section 3.7. Under no circumstances is the District required to advance moneys derived from any source of income other than the Net Revenues and other sources specifically identified herein for the payment of the Loan Repayments, and no other funds or property of the District are liable for the payment of the Loan Repayments. Notwithstanding the foregoing provisions of this Section, however, nothing herein prohibits the District voluntarily from making any payment hereunder from any source of available funds of the District.
Special Obligation. The Note shall not constitute a debt or liability of the State or any public agency or a pledge of the faith and credit of the State or any political subdivision thereof, including any official or employee of the City, but shall be payable solely from the funds provided therefor pursuant to this Agreement. The Note is a special, limited obligation of the City, and the City shall under no circumstances be obligated to make payments of the principal of, premium, if any, and interest on the Note except from the Lease Payments received from the Corporation and the Note Proceeds. Neither the faith and credit nor the taxing power of the State or any political subdivision thereof is pledged to the payment of the principal of, premium, if any, or interest on the Note, nor is the State or any political subdivision thereof, including any official or employee of the City, in any manner obligated to make any appropriation for that purpose. No provision, covenant or agreement contained in this Agreement or any obligation herein imposed on the City, or the breach thereof, shall constitute or give rise to or impose upon the City a pecuniary liability, a charge upon its general credit or a pledge of its general revenues. In making the agreements, provisions and covenants set forth in this Agreement, the City has not obligated itself except with respect to the application of the Lease Payments to be paid by the Corporation. No recourse shall be had by the Lender or the Corporation for any claim based upon this Agreement or the Tax Agreement against any officer, employee or agent of the City alleging personal liability on the part of that person, unless the claim is based on the willful dishonesty of or intentional violation of Law by that person.
Special Obligation. Notwithstanding anything to the contrary contained herein, and excluding the City’s obligation to pay the City Contribution to the extent required by Section 9.3, the obligation of City to make any payment to Manager to pay or reimburse Manager for payment of the Spectacular Loan or Operating Loans under Section 9.3 is a special obligation of City payable solely from the Gross Revenues otherwise available therefor in accordance with the priority of payment set forth in Section 9.3 of this Agreement and not from any other funds or monies of City. The Parties understand and agree that the only obligation of the City as to the Spectacular Loan is to allow the payment of the principal and interest on the Spectacular Loan from the actual revenue received from the outdoor advertising signs on the exterior of ARTIC excluding the Spectacular. The full faith and credit of City is not available for or pledged to pay or reimburse Manager to pay or repay the Spectacular Loan or Operating Loans.
Special Obligation. The Agency’s authority to repay the Obligations is a special obligation of the Agency limited solely to Net Revenues and is subordinate to the payment of the Installment Payments (as such term is defined in the IPA) as provided in, and pursuant to, the IPA. Notwithstanding the foregoing, however, nothing herein prohibits the Agency from voluntarily making any payment hereunder from any source of available funds of the Agency.
Special Obligation. Notwithstanding any representation or statement to the contrary contained herein or in any of the other Bond Documents or Basic Documents, the obligations and agreements of the Issuer contained herein or contemplated hereby and in or contemplated by any other Bond Document or Basic Document, and in any other therewith, and any other instrument or document supplemental thereto shall be deemed the obligations and agreements of the Issuer, and not of any member, officer, agent (other than the Company) or employee of the Issuer in his individual capacity, and the members, officers, agents (other than the Company) and employees shall not be liable personally hereof or thereon or be subject to any personal liability or accountability based upon or in respect hereof or thereof or of any transaction contemplated hereby or thereby. The obligations and agreements of the Issuer contained herein shall not constitute or give rise to an obligation of the State or County of Clinton, New York and neither the State nor County of Clinton New York shall be liable thereon, and further, such obligations and agreements shall not constitute or give rise to a general obligation of the Issuer, but rather shall constitute limited obligations of the Issuer payable solely from the revenues of the Issuer derived and to be derived from the sale or other disposition of the Project Facility (except for revenues derived by the Issuer with respect to the Unassigned Rights). The Issuer shall not be obligated to take any action pursuant to any provision hereof and no order or decree of specific performance with respect to any of the obligations of the Issuer hereunder shall be sought or enforced against the Issuer unless (1) the party seeking such order or decree shall first have requested the Issuer in writing to take the action sought in such order or decree of specific performance, and 10 days shall have elapsed from the date of receipt of such request, and the Issuer shall have refused to comply with such request (or if compliance therewith would reasonably be expected to take longer than 10 days, if the Issuer shall have failed to institute and diligently pursue action to cause compliance with such request) or failed to respond within such notice period, and (2) if the Issuer refused to comply with such request and the Issuer's refusal to comply is based on its reasonable expectation that it will incur fees and expenses, the party seeking such order or decree shall have placed in an acc...
Special Obligation. “Special Obligation” shall have the meaning set forth in Section 11.3.
Special Obligation. The obligation of each Participant to make any and all payments hereunder is a special obligation of such Participant which the Participant is obligated to make solely from its Enterprise Revenues. The obligation of each Participant to make payments hereunder does not constitute a debt of such Participant or of the State of California or of any political subdivision thereof within the meaning of any constitutional or statutory debt limitation or restriction, nor a pledge of the full faith and credit and taxing power of such Participant or any other entity. Nothing herein shall be construed as prohibiting any Participant, in its sole discretion, from using any funds other than Enterprise Revenues for the purpose of satisfying any provisions of this Agreement, or from entering into contracts or incurring other obligations payable from its Enterprise Revenues on parity with such Participant’s obligation to make payments hereunder.
Special Obligation. The obligation of each of the SNWS Purveyor Members to make payments under this Agreement shall be a special obligation of that SNWS Purveyor Member, payable from and secured by a lien on (i) the gross revenues of the water system of that SNWS Purveyor Member, which for purposes of this Agreement shall be deemed to include connection fees and charges, tap fees, flat fees, metered charges, and all other fees and charges made for services, water, or other commodities furnished by or through the SNWS Purveyor Member's water system; and (ii) revenues from other sources that are legally available and specifically designated and authorized to be used for such purpose.
