Common use of Article X, Section 20/XXXXX Clause in Contracts

Article X, Section 20/XXXXX. The Parties understand and acknowledge that the Town is subject to Article X, § 20 of the Colorado Constitution ("XXXXX"). The Parties do not intend to violate the terms and requirements of XXXXX by the execution of this Agreement. It is understood and agreed that this Agreement does not create a multi-fiscal year direct or indirect debt or obligation within the meaning of XXXXX and, therefore, notwithstanding anything in this Agreement to the contrary, all payment obligations of the Town are expressly dependent and conditioned upon the continuing availability of funds beyond the term of the Town’s current fiscal period ending upon the next succeeding December 31. Financial obligations of the Town payable after the current fiscal year are contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available in accordance with the rules, regulations, and resolutions of Town of Xxxxx, and other applicable law. Upon the failure to appropriate such funds, this Agreement shall be terminated.

Article X, Section 20/XXXXX. The Parties understand and acknowledge that the Town is subject to Article X, § 20 of the Colorado Constitution ("XXXXX"). The Parties do not intend to violate the terms and requirements of XXXXX by the execution of this Agreement. It is understood and agreed that this Agreement does not create a multi-fiscal year direct or indirect debt or obligation within the meaning of XXXXX and, therefore, notwithstanding anything in this Agreement to the contrary, all payment obligations of the Town are expressly dependent and conditioned upon the continuing availability of funds beyond the term of the Town’s current fiscal period ending upon the next succeeding December 31. Financial obligations of the Town payable after the current fiscal year are contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available in accordance with the rules, regulations, and resolutions of Town of XxxxxLyons, and other applicable law. Upon the failure to appropriate such funds, this Agreement shall be terminated.

Article X, Section 20/XXXXX. The Parties understand and acknowledge that the Town is subject to Article X, § 20 of the Colorado Constitution ("XXXXX"). The Parties do not intend to violate the terms and requirements of XXXXX by the execution of this Agreement. It is understood and agreed that this Agreement does not create a multi-fiscal year direct or indirect debt or obligation within the meaning of XXXXX and, therefore, notwithstanding anything in this Agreement to the contrary, all payment obligations of the Town are expressly dependent and conditioned upon the continuing availability of funds beyond the term of the Town’s current fiscal period ending upon the next succeeding December 31. Financial obligations of the Town payable after the current fiscal year are contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available in accordance with the rules, regulations, and resolutions of Town of XxxxxCentennial, and other applicable law. Upon the failure to appropriate such funds, this Agreement shall be terminated.

Article X, Section 20/XXXXX. The Parties understand and acknowledge that the Town is subject to Article X, § 20 of the Colorado Constitution ("XXXXXTABOR"). The Parties do not intend to violate the terms and requirements of XXXXX by the execution of this Agreement. It is understood and agreed that this Agreement does not create a multi-fiscal year direct or indirect debt or obligation within the meaning of XXXXX and, therefore, notwithstanding anything in this Agreement to the contrary, all payment obligations of the Town are expressly dependent and conditioned upon the continuing availability of funds beyond the term of the Town’s current fiscal period ending upon the next succeeding December 31. Financial obligations of the Town payable after the current fiscal year are contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available in accordance with the rules, regulations, and resolutions of Town of Xxxxx, and other applicable law. Upon the failure to appropriate such funds, this Agreement shall be terminated.

Article X, Section 20/XXXXX. The Parties understand and acknowledge that the Town is subject to Article X, § 20 of the Colorado Constitution ("“XXXXX"”). The Parties do not intend to violate the terms and requirements of XXXXX by the execution of this Agreement. It is understood and agreed that this Agreement does not create a multi-fiscal year direct or indirect debt or obligation within the meaning of XXXXX and, therefore, notwithstanding anything in this Agreement to the contrary, all payment obligations of the Town are expressly dependent and conditioned upon the continuing availability of funds beyond the term of the Town’s 's current fiscal period ending upon the next succeeding December 31. Financial obligations of the Town payable after the current fiscal year are contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available in accordance with the rules, regulations, and resolutions of Town of XxxxxAvon, and other applicable law. Upon the failure to appropriate such funds, this Agreement shall be terminated.

Article X, Section 20/XXXXX. The Parties understand and acknowledge that the Town City is subject to Article X, § 20 of the Colorado Constitution ("“XXXXX"”). The Parties do not intend to violate the terms and requirements of XXXXX by the execution of this Agreement. It is understood and agreed that this Agreement does not create a multi-fiscal year direct or indirect debt or obligation within the meaning of XXXXX and, therefore, notwithstanding anything in this Agreement to the contrary, all payment obligations of the Town City are expressly dependent and conditioned upon the continuing availability of funds beyond the term of the Town’s City's current fiscal period ending upon the next succeeding December 31. Financial obligations of the Town City payable after the current fiscal year are contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available in accordance with the rules, regulations, and resolutions of Town City of XxxxxFruita, and other applicable law. Upon the failure to appropriate such funds, this Agreement shall be terminated.

Article X, Section 20/XXXXX. The Parties understand and acknowledge that the Town is subject to Article X, § 20 of the Colorado Constitution ("XXXXX"). The Parties do not intend to violate the terms and requirements of XXXXX by the execution of this Agreement. It is understood and agreed that this Agreement does not create a multi-multi- fiscal year direct or indirect debt or obligation within the meaning of XXXXX and, therefore, notwithstanding anything in this Agreement to the contrary, all payment obligations of the Town are expressly dependent and conditioned upon the continuing availability of funds beyond the term of the Town’s current fiscal period ending upon the next succeeding December 31. Financial obligations of the Town payable after the current fiscal year are contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available in accordance with the rules, regulations, and resolutions of Town of Xxxxx, and other applicable law. Upon the failure to appropriate such funds, this Agreement shall be terminated.

Article X, Section 20/XXXXX. The Parties understand and acknowledge that the Town City is subject to Article X, § 20 of the Colorado Constitution ("XXXXX"). The Parties do not intend to violate the terms and requirements of XXXXX by the execution of this AgreementContract. It is understood and agreed that this Agreement Contract does not create a multi-fiscal year direct or indirect debt or obligation within the meaning of XXXXX and, therefore, notwithstanding anything in this Agreement Contract to the contrary, all payment obligations of the Town City are expressly dependent and conditioned upon the continuing availability of funds beyond the term of the Town’s City's current fiscal period ending upon the next succeeding December 31. Financial obligations of the Town City payable after the current fiscal year are contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available in accordance with the rules, regulations, and resolutions of Town City of XxxxxCentennial, and other applicable law. Upon the failure to appropriate such funds, this Agreement Contract shall be terminated.

Article X, Section 20/XXXXX. The Parties understand and acknowledge that the Town City is subject to Article X, § 20 of the Colorado Constitution ("XXXXX"“TABOR”). The Parties do not intend to violate the terms and requirements of XXXXX by the execution of this Agreement. It is understood and agreed that this Agreement does not create a multi-fiscal year direct or indirect debt or obligation within the meaning of XXXXX and, therefore, notwithstanding anything in this Agreement to the contrary, all payment obligations of the Town City are expressly dependent and conditioned upon the continuing availability of funds beyond the term of the Town’s City's current fiscal period ending upon the next succeeding December 31. Financial obligations of the Town City payable after the current fiscal year are contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available in accordance with the rules, regulations, and resolutions of Town of Xxxxxthe City, and other applicable law. Upon the failure to appropriate such funds, this Agreement shall be terminated.

Article X, Section 20/XXXXX. The Parties understand and acknowledge that the Town City is subject to Article X, § 20 of the Colorado Constitution ("XXXXX"). The Parties do not intend to violate the terms and requirements of XXXXX by the execution of this Agreement. It is understood and agreed that this Agreement does not create a multi-fiscal year direct or indirect debt or obligation within the meaning of XXXXX and, therefore, notwithstanding anything in this Agreement to the contrary, all payment obligations of the Town City are expressly dependent and conditioned upon the continuing availability of funds beyond the term of the Town’s City's current fiscal period ending upon the next succeeding December 31. Financial obligations of the Town City payable after the current fiscal year are contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available in accordance with the rules, regulations, and resolutions of Town City of XxxxxCentennial, and other applicable law. Upon the failure to appropriate such funds, this Agreement shall be terminated.

Article X, Section 20/XXXXX. The Parties understand and acknowledge that the Town City is subject to Article X, § 20 of the Colorado Constitution ("“XXXXX"”). The Parties do not intend to violate the terms and requirements of XXXXX by the execution of this Agreement. It is understood and agreed that this Agreement does not create a multi-fiscal year direct or indirect debt or obligation within the meaning of XXXXX and, therefore, notwithstanding anything in this Agreement to the contrary, all payment obligations of the Town City are expressly dependent and conditioned upon the continuing availability of funds beyond the term of the Town’s City's current fiscal period ending upon the next succeeding December 31. Financial obligations of the Town City payable after the current fiscal year are contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available in accordance with the rules, regulations, and resolutions of Town of Xxxxxthe City, and other applicable law. Upon the failure to appropriate such funds, this Agreement shall be terminated.

Article X, Section 20/XXXXX. The Parties understand and acknowledge that the Town City is subject to Article X, § 20 of the Colorado Constitution ("XXXXXTABOR"). The Parties do not intend to violate the terms and requirements of XXXXX by the execution of this Agreement. It is understood and agreed that this Agreement does not create a multi-fiscal year direct or indirect debt or obligation within the meaning of XXXXX and, therefore, notwithstanding anything in this Agreement to the contrary, all payment obligations of the Town City are expressly dependent and conditioned upon the continuing availability of funds beyond the term of the Town’s City's current fiscal period ending upon the next succeeding December 31. Financial obligations of the Town City payable after the current fiscal year are contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available in accordance with the rules, regulations, and resolutions of Town City of XxxxxCentennial, and other applicable law. Upon the failure to appropriate such funds, this Agreement shall be terminated.

Article X, Section 20/XXXXX. The Parties understand and acknowledge that the Town City is subject to Article X, § 20 of the Colorado Constitution ("“XXXXX"”). The Parties do not intend to violate the terms and requirements of XXXXX by the execution of this Agreement. It is understood and agreed that this Agreement does not create a multi-fiscal year direct or indirect debt or obligation within the meaning of XXXXX and, therefore, notwithstanding anything in this Agreement to the contrary, all payment obligations of the Town City are expressly dependent and conditioned upon the continuing availability of funds beyond the term of the Town’s City's current fiscal period ending upon the next succeeding December 31. Financial obligations of the Town City payable after the current fiscal year are contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available in accordance with the rules, regulations, and resolutions of Town the City of XxxxxCastle Pines North, and other applicable law. Upon the failure to appropriate such funds, this Agreement shall be terminated.

Article X, Section 20/XXXXX. The Parties understand and acknowledge that the Town is subject to Article X, § 20 of the Colorado Constitution ("XXXXXTABOR"). The Parties do not intend to violate the terms and requirements of XXXXX by the execution of this Agreement. It is understood and agreed that this Agreement does not create a multi-fiscal year direct or indirect debt or obligation within the meaning of XXXXX and, therefore, notwithstanding anything in this Agreement to the contrary, all payment obligations of the Town are expressly dependent and conditioned upon the continuing availability of funds beyond the term of the Town’s current fiscal period ending upon the next succeeding December 31. Financial obligations of the Town payable after the current fiscal year are contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available in accordance with the rules, regulations, and resolutions of Town of XxxxxLyons, and other applicable law. Upon the failure to appropriate such funds, this Agreement shall be terminated.

Article X, Section 20/XXXXX. The Parties parties understand and acknowledge that the Town City is subject to Article X, § 20 of the Colorado Constitution ("“XXXXX"”). The Parties parties do not intend to violate the terms and requirements of XXXXX by the execution of this Agreement. It is understood and agreed that this Agreement does not create a multi-fiscal year direct or indirect debt or obligation within the meaning of XXXXX and, therefore, notwithstanding anything in this Agreement to the contrary, all payment obligations of the Town City are expressly dependent and conditioned upon the continuing availability of funds beyond the term of the TownCity’s current fiscal period ending upon the next succeeding December 31. Financial obligations of the Town City payable after the current fiscal year are contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available in accordance with the rules, regulations, and resolutions of Town of XxxxxCity, and other applicable law. Upon the failure to appropriate such funds, this Agreement shall be terminated.