Common use of Liability for Indebtedness Clause in Contracts

Liability for Indebtedness. It is expressly understood and agreed that, except as otherwise provided in this Amended and Restated Agreement, nothing in this Amended and Restated Agreement has the effect of causing either party to assume, guarantee, or become in any way liable for any bond, warrant, note or other indebtedness or obligation of the other party.

Appears in 1 contract

Sources: Interlocal Agreement for the Design and Construction of Erosion Control Facilities

Liability for Indebtedness. It is expressly understood and agreed that, except as otherwise provided in this Amended and Restated Agreement, that nothing in this Amended and Restated Agreement has the effect of causing either party a Party to assume, guarantee, or become in any way liable for any bond, warrant, note or other indebtedness or obligation of the other partyParties.

Appears in 1 contract

Sources: Cost Sharing Agreement

Liability for Indebtedness. It is expressly understood and agreed that, except as otherwise provided in this Amended and Restated Agreement, nothing in this Amended and Restated Agreement has the effect of causing either party to assume, guarantee, or become in any way liable for any bond, warrant, note or other indebtedness or obligation of the other party.

Appears in 1 contract

Sources: Interlocal Agreement