Common use of No Pecuniary Liability Clause in Contracts

No Pecuniary Liability. No provision, covenant or agreement contained in this Lease Agreement, the Indenture or the Bonds, or any obligation herein or therein imposed upon the Issuer, or the breach thereof, shall constitute or give rise to or impose upon the Issuer a pecuniary liability or a charge upon the general credit or taxing powers of the Issuer or the State of Kansas. Such limitation shall not apply to any liability or charge directly resulting from the Issuer’s breach of any provision, covenant or agreement contained herein.

Appears in 2 contracts

Sources: Lease Agreement, Lease Agreement

No Pecuniary Liability. No provision, covenant or agreement contained in this Lease AgreementLease, the Indenture or the Bonds, or any obligation herein or therein imposed upon the Issuer, or the breach thereof, shall constitute or give rise to or impose upon the Issuer a pecuniary liability or a charge upon the general credit or taxing powers of the Issuer City of Lawrence, Kansas or the State of Kansas. Such limitation shall not apply to any liability or charge directly resulting from the Issuer’s breach of any provision, covenant or agreement contained herein.of

Appears in 1 contract

Sources: Lease Agreement