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Common use of Appropriated Funds Clause in Contracts

Appropriated Funds. Renewal of this PO or continuation beyond the current fiscal year, if any, will be in accordance with Texas Local Government Code § 271.903 concerning non-appropriation of funds for multi-year contracts. Notwithstanding any other provision of this PO or obligation imposed on PISD by this PO, PISD shall have the right to terminate this PO without default or liability to Vendor resulting from such termination, effective as of the expiration of each budget period of PISD if it is determined by PISD, in PISD’s sole discretion, that there are insufficient funds to extend this PO. The parties agree that this PO is a commitment of PISD’s current revenue only.

Appears in 2 contracts

Samples: Purchase Order Terms and Conditions, Purchase Order Terms and Conditions

Appropriated Funds. Renewal of this PO or continuation beyond the current fiscal year, if any, will be in accordance with Texas Local Government Code § 271.903 concerning non-appropriation of funds for multi-year contracts. Notwithstanding any other provision of this PO or obligation imposed on PISD WISD by this PO, PISD WISD shall have the right to terminate this PO without default or liability to Vendor resulting from such termination, effective as of the expiration of each budget period of PISD WISD if it is determined by PISDWISD, in PISDWISD’s sole discretion, that there are insufficient funds to extend this PO. The parties agree that this PO is a commitment of PISDWISD’s current revenue only.

Appears in 1 contract

Samples: Purchase Order

Appropriated Funds. Renewal of this PO or continuation beyond the current fiscal year, if any, will be in accordance with Texas Local Government Code § 271.903 concerning non-appropriation of funds for multi-year contracts. Notwithstanding any other provision of this PO or obligation imposed on PISD PAISD by this PO, PISD PAISD shall have the right to terminate this PO without default or liability to Vendor resulting from such termination, effective as of the expiration of each budget period of PISD PAISD if it is determined by PISDPAISD, in PISDPAISD’s sole discretion, that there are insufficient funds to extend this PO. The parties agree that this PO is a commitment of PISDPAISD’s current revenue only.

Appears in 1 contract

Samples: Purchase Order Terms and Conditions

Appropriated Funds. Renewal of this PO or continuation beyond the current fiscal year, if any, will be in accordance with Texas Local Government Code § 271.903 concerning non-appropriation of funds for multi-year contracts. Notwithstanding any other provision of this PO or obligation imposed on PISD TISD by this PO, PISD TISD shall have the right to terminate this PO without default or liability to Vendor resulting from such termination, effective as of the expiration of each budget period of PISD TISD if it is determined by PISDTISD, in PISDTISD’s sole discretion, that there are insufficient funds to extend this PO. The parties agree that this PO is a commitment of PISDTISD’s current revenue only.

Appears in 1 contract

Samples: Purchase Order

Appropriated Funds. Renewal of this PO or continuation beyond the current fiscal year, if any, will be in accordance with Texas Local Government Code § 271.903 concerning non-appropriation of funds for multi-year contracts. Notwithstanding any other provision of this PO or obligation imposed on PISD FISD by this PO, PISD FISD shall have the right to terminate this PO without default or liability to Vendor resulting from such termination, effective as of the expiration of each budget period of PISD FISD if it is determined by PISDFISD, in PISDFISD’s sole discretion, that there are insufficient funds to extend this PO. The parties agree that this PO is a commitment of PISDFISD’s current revenue only.

Appears in 1 contract

Samples: Purchase Order