Common use of No Recourse; Special Obligation Clause in Contracts

No Recourse; Special Obligation. Notwithstanding anything to the contrary contained herein, the obligations and agreements of the Agency contained herein and in any other agreement executed by the Agency and in any other instrument or document supplemental thereto executed in connection therewith shall be deemed the obligation and agreements of the Agency, and not of any executive director, director, officer, member, agent, or employee of the Agency in his or her individual capacity, and the members, officers, agents, and employees ofthe Agency shall not be liable personally thereon or be subject to any personal liability or accountability based upon or in respect hereofor thereofor ofany transaction contemplated hereby or thereby. The obligations and agreements of the Agency contained herein or therein shall not constitute or give rise to an obligation ofthe State ofNew York, the County of ▇▇▇▇▇▇▇▇, or any of the Taxing Jurisdictions, and neither the State, County, or any other Taxing Jurisdictions shall be liable thereon, and, further, such obligations and agreements shall not constitute or give rise to a general obligation of the Agency, but rather shall constitute a limited obligation of the Agency payable solely from revenues derived from the sale of the Facility.

No Recourse; Special Obligation. Notwithstanding anything to the contrary contained herein, the obligations and agreements of the Agency contained herein and in any other agreement executed by the Agency and in any other instrument or document supplemental thereto executed in connection therewith shall be deemed the obligation and agreements of the Agency, and not of any executive director, director, officer, member, agent, employee or employee representative of the Agency in his or her individual capacity, and the membersdirectors, officers, agentsmembers, agents (except the Company), employees and employees ofthe representatives of the Agency shall not be liable personally thereon or be subject to any personal liability or accountability based upon or in respect hereofor thereofor ofany hereof or thereof or of any transaction contemplated hereby or thereby. The obligations and agreements of the Agency contained herein or therein shall not constitute or give rise to an obligation ofthe State ofNew Yorkof the State, the County of ▇▇▇▇▇▇▇▇County, or any of the Taxing Jurisdictions, and neither the State, County, or any other Taxing Jurisdictions shall be liable thereon, and, further, such obligations and agreements shall not constitute or give rise to a general obligation of the Agency, but rather shall constitute a limited obligation of the Agency payable solely from revenues derived from the sale of the Facility.