Common use of Availability and Use of Funds Clause in Contracts

Availability and Use of Funds. The Firm understands and acknowledges that any and all payment of funds or the continuation thereof is contingent upon funds provided solely by ARRA or required state matching funds. Pursuant to Section 1604 of the ARRA, contractors agree not to undertake or make progress toward any activity using recovery funds that will lead to the development of such activity as casinos or other gambling establishments, aquariums, zoos, golf courses, swimming pools or any other activity specifically prohibited by the Recovery Act.

Appears in 32 contracts

Samples: Professional Services, Professional Services, Professional Services

AutoNDA by SimpleDocs

Availability and Use of Funds. The Firm understands and acknowledges ·that any and all payment paym�nt of funds or the continuation thereof is contingent upon funds provided solely by ARRA or required state matching funds. Pursuant to Section 1604 Section1604 of the ARRA, contractors agree not to undertake or undertake.or make progress toward any activity using recovery funds that will lead to the development of such activity as casinos or other gambling establishments, aquariums, zoos, golf courses, swimming pools or any other activity specifically prohibited by the Recovery Act.Act \...

Appears in 1 contract

Samples: Contract for Professional Services

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!