Common use of Available Funds-Contingency-Termination Clause in Contracts

Available Funds-Contingency-Termination. a. The State is prohibited by law from making commitments beyond the term of the current State Fiscal Year. Payment to Local Agency beyond the current State Fiscal Year is contingent on the appropriation and continuing availability of Agreement Funds in any subsequent year (as provided in the Colorado Special Provisions). If federal funds or funds from any other non-State funds constitute all or some of the Agreement Funds, the State’s obligation to pay Local Agency shall be contingent upon such non-State funding continuing to be made available for payment. Payments to be made pursuant to this Agreement shall be made only from Agreement Funds, and the State’s liability for such payments shall be limited to the amount remaining of such Agreement Funds. If State, federal or other funds are not appropriated, or otherwise become unavailable to fund this Agreement, the State may, upon written notice, terminate this Agreement, in whole or in part, without incurring further liability. The State shall, however, remain obligated to pay for Services and Goods that are delivered and accepted prior to the effective date of notice of termination, and this termination shall otherwise be treated as if this Agreement were terminated in the public interest as described in §2.C.

Appears in 19 contracts

Samples: Colorado Intergovernmental Agreement, Colorado Intergovernmental Agreement, Local Agency Agreement

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Available Funds-Contingency-Termination. a. The State is prohibited by law from making commitments beyond the term of the current State Fiscal Year. Payment to Local Agency beyond the current State Fiscal Year is contingent on the appropriation and continuing availability of Agreement Funds in any subsequent year (as provided in the Colorado Special Provisions). If federal funds or funds from any other non-State funds constitute all or some of the Agreement Funds, the State’s obligation to pay Local Agency shall be contingent upon such non-State funding continuing to be made available for payment. Payments to be made pursuant to this Agreement shall be made only from Agreement Funds, and the State’s liability for such payments shall be limited to the amount remaining of such Agreement Funds. If State, federal or other funds are not appropriated, or otherwise become unavailable to fund this Agreement, the State may, upon written notice, terminate this Agreement, in whole or in part, without incurring further liability. The State shall, however, remain obligated to pay for Services and Goods that are delivered and accepted prior to the effective date of notice of termination, and this termination shall otherwise be treated as if this Agreement were terminated in the public interest as described in §2.C.2.C

Appears in 15 contracts

Samples: Colorado Intergovernmental Agreement, Colorado Intergovernmental Agreement, Colorado Intergovernmental Agreement

Available Funds-Contingency-Termination. a. The State is prohibited by law from making commitments beyond the term of the current State Fiscal Year. Payment to Local Agency Grantee beyond the current State Fiscal Year is contingent on the appropriation and continuing availability of Agreement Grant Funds in any subsequent year (as provided in the Colorado Special Provisions). If federal funds or funds from any other non-State funds constitute all or some of the Agreement Grant Funds, the State’s obligation to pay Local Agency Grantee shall be contingent upon such non-State funding continuing to be made available for payment. Payments to be made pursuant to this Agreement shall be made only from Agreement Grant Funds, and the State’s liability for such payments shall be limited to the amount remaining of such Agreement Grant Funds. If State, federal or other funds are not appropriated, or otherwise become unavailable to fund this Agreement, the State may, upon written notice, terminate this Agreement, in whole or in part, without incurring further liability. The State shall, however, remain obligated to pay for Services and Goods that are delivered and accepted prior to the effective date of notice of termination, and this termination shall otherwise be treated as if this Agreement were terminated in the public interest as described in §2.C.2.E.

Appears in 10 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

Available Funds-Contingency-Termination. a. The State is prohibited by law from making commitments beyond the term of the current State Fiscal Year. Payment to Local Agency Subrecipient beyond the current State Fiscal Year is contingent on the appropriation and continuing availability of Agreement Grant Funds in any subsequent year (as provided in the Colorado Special Provisions). If federal funds or funds from any other non-State funds constitute all or some of the Agreement Grant Funds, the State’s obligation to pay Local Agency Subrecipient shall be contingent upon such non-State funding continuing to be made available for payment. Payments to be made pursuant to this Agreement shall be made only from Agreement Grant Funds, and the State’s liability for such payments shall be limited to the amount remaining of such Agreement Grant Funds. If State, federal or other funds are not appropriated, or otherwise become unavailable to fund this Agreement, the State may, upon written notice, terminate this Agreement, in whole or in part, without incurring further liability. The State shall, however, remain obligated to pay for Services and Goods that are delivered and accepted prior to the effective date of notice of termination, and this termination shall otherwise be treated as if this Agreement were terminated in the public interest as described in §2.C.2.E.

Appears in 8 contracts

Samples: Colorado Subaward Agreement, Colorado Subaward Agreement, Colorado Subaward Agreement

Available Funds-Contingency-Termination. a. The State is prohibited by law from making commitments beyond the term of the current State Fiscal Year. Payment to Local Agency Contractor beyond the current State Fiscal Year is contingent on the appropriation and continuing availability of Agreement Contract Funds in any subsequent year (as provided in the Colorado Special Provisions). If federal funds or funds from any other non-State funds constitute all or some of the Agreement Funds, Contract Funds the State’s obligation to pay Local Agency Contractor shall be contingent upon such non-State funding continuing to be made available for payment. Payments to be made pursuant to this Agreement Contract shall be made only from Agreement Contract Funds, and the State’s liability for such payments shall be limited to the amount remaining of such Agreement Contract Funds. If State, federal or other funds are not appropriated, or otherwise become unavailable to fund this AgreementContract, the State may, upon written notice, terminate this AgreementContract, in whole or in part, without incurring further liability. The State shall, however, remain obligated to pay for Services and Goods that are delivered and accepted prior to the effective date of notice of termination, and this termination shall otherwise be treated as if this Agreement Contract were terminated in the public interest as described in §2.C.2.E.

Appears in 3 contracts

Samples: Intergovernmental Agreement, State of Colorado Contract, State of Colorado Contract

Available Funds-Contingency-Termination. a. The State is prohibited by law from making commitments beyond the term of the current State Fiscal Year. Payment to Local Agency Subrecipient beyond the current State Fiscal Year is contingent on the appropriation and continuing availability of Agreement Grant Funds in any subsequent year (as provided in the Colorado Special Provisions). If federal funds or funds from any other non-State funds constitute all or some of the Agreement Grant Funds, the State’s obligation to pay Local Agency Subrecipient shall be contingent upon such non-State funding continuing to be made available for payment. Payments to be made pursuant to this Agreement shall be made only from Agreement Grant Funds, and the State’s liability for such payments shall be limited to the amount remaining of such Agreement Grant Funds. If State, federal or other funds are not appropriated, or otherwise become unavailable to fund this Agreement, the State may, upon written notice, terminate this Agreement, in whole or in part, without incurring further liability. The State shall, however, remain obligated to pay for Services and Goods that are delivered and accepted prior to the effective date of notice of termination, and this termination shall otherwise be treated as if this Agreement were terminated in the public interest as described in §2.C.0.

Appears in 2 contracts

Samples: Colorado Subaward Agreement, Colorado Subaward Agreement

Available Funds-Contingency-Termination. a. The State is prohibited by law from making commitments beyond the term of the current State Fiscal Year. Payment to Local Agency beyond the current State Fiscal Year is contingent on the appropriation and continuing availability of Agreement Funds in any subsequent year (as provided in the Colorado Special Provisions). If federal funds or funds from any other non-State funds OLA #: 331002688 Routing #: 22-HA2-XC-00014 constitute all or some of the Agreement Funds, the State’s obligation to pay Local Agency shall be contingent upon such non-State funding continuing to be made available for payment. Payments to be made pursuant to this Agreement shall be made only from Agreement Funds, and the State’s liability for such payments shall be limited to the amount remaining of such Agreement Funds. If State, federal or other funds are not appropriated, or otherwise become unavailable to fund this Agreement, the State may, upon written notice, terminate this Agreement, in whole or in part, without incurring further liability. The State shall, however, remain obligated to pay for Services and Goods that are delivered and accepted prior to the effective date of notice of termination, and this termination shall otherwise be treated as if this Agreement were terminated in the public interest as described in §2.C.

Appears in 1 contract

Samples: Local Agency Agreement

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Available Funds-Contingency-Termination. a. The State is prohibited by law from making commitments beyond the term of the current State Fiscal Year. Payment to Local Agency Subrecipient beyond the current State Fiscal Year is contingent on the appropriation and continuing availability of Agreement Grant Funds in any subsequent year (as provided in the Colorado Special Provisions). If federal funds or funds from any other non-State funds constitute all or some of the Agreement Grant Funds, the State’s 's obligation to pay Local Agency Subrecipient shall be contingent upon such non-State funding continuing to be made available for payment. Payments to be made pursuant to this Agreement shall be made only from Agreement Grant Funds, and the State’s 's liability for such payments shall be limited to the amount remaining of such Agreement Grant Funds. If State, federal or other funds are not appropriated, or otherwise become unavailable to fund this Agreement, the State may, upon written notice, terminate this Agreement, in whole or in part, without incurring further liability. The State shall, however, remain obligated to pay for Services and Goods that are delivered and accepted prior to the effective date of notice of termination, and this termination shall otherwise be treated as if this Agreement were terminated in the public interest as described in §2.C.2.E.

Appears in 1 contract

Samples: Colorado Subaward Agreement

Available Funds-Contingency-Termination. a. The State is prohibited by law from making commitments beyond the term of the current State Fiscal Year. Payment to Local Agency Grantee beyond the current State Fiscal Year is contingent on the appropriation and continuing availability of Agreement Grant Funds in any subsequent year (as provided in the Colorado Special Provisions). If federal funds or funds from any other non-State funds constitute all or some of the Agreement Grant Funds, the State’s obligation to pay Local Agency Grantee shall be contingent upon such non-State funding continuing to be made available for payment. Payments to be made pursuant to this Agreement shall be made only from Agreement Grant Funds, and the State’s liability for such payments shall be limited to the amount remaining of such Agreement Grant Funds. If State, federal State or other funds are not appropriated, or otherwise become unavailable to fund this Agreement, the State may, upon written notice, terminate this Agreement, in whole or in part, without incurring further liability. The State shall, however, remain obligated to pay for Services and Goods that are delivered and accepted prior to the effective date of notice of termination, and this termination shall otherwise be treated as if this Agreement were terminated in the public interest as described in §2.C.2.D.

Appears in 1 contract

Samples: Grant Agreement

Available Funds-Contingency-Termination. a. The State is and Local Agency are prohibited by law from making commitments beyond the term of the current State and Local Agency Fiscal YearYears. Payment to Local Agency beyond the current State Fiscal Year is contingent on the appropriation and continuing availability of Agreement Funds in any subsequent year (as provided in the Colorado Special Provisions). If federal funds or funds from any other non-State funds constitute all or some of the Agreement Funds, the State’s obligation to pay Local Agency shall be contingent upon such non-State funding continuing to be made available for payment. Payments to be made pursuant to this Agreement shall be made only from Agreement Funds, and the State’s liability for such payments shall be limited to the amount remaining of such Agreement Funds. If State, federal or other funds are not appropriated, or otherwise become unavailable to fund this Agreement, the State may, upon written notice, terminate this Agreement, in whole or in part, without incurring further liability. The State and Local Agency shall, however, remain obligated to pay for Services and Goods that are delivered and accepted prior to the effective date of notice of termination, and this termination shall otherwise be treated as if this Agreement were terminated in the public interest as described in §2.C.

Appears in 1 contract

Samples: Colorado Intergovernmental Agreement

Available Funds-Contingency-Termination. a. The State is prohibited by law from making commitments beyond the term of the current State Fiscal Year. Payment to Local Agency Grantee beyond the current State Fiscal Year is contingent on the appropriation and continuing availability of Agreement Grant Funds in any subsequent year (as provided in the Colorado Special Provisions). If federal funds or funds from any other non-State funds constitute all or some of the Agreement Grant Funds, the State’s obligation to pay Local Agency Grantee shall be contingent upon such non-State funding continuing to be made available for payment. Payments to be made pursuant to this Agreement shall be made only from Agreement Grant Funds, and the State’s liability for such payments shall be limited to the amount remaining of such Agreement Grant Funds. If State, federal or other funds are not appropriated, or otherwise become unavailable to fund this Agreement, the State may, upon written notice, terminate this Agreement, in whole or in part, without incurring further liability. The State shall, however, remain obligated to pay for Services and Goods that are delivered and accepted prior to the effective date of notice of termination, and this termination shall otherwise be treated as if this Agreement were terminated in the public interest as described in §2.C.2.D.

Appears in 1 contract

Samples: Grant Agreement

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