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

Available Funds-Contingency-Termination. The State is prohibited by law from making fiscal commitments beyond the term of the State’s current fiscal year. Therefore, Xxxxxxx’s compensation is contingent upon the continuing availability of State appropriations as provided in the Colorado Special Provisions, set forth below. If federal funds are used with this Grant in whole or in part, the State’s performance hereunder is contingent upon the continuing availability of such funds. Payments pursuant to this Grant shall be made only from available funds encumbered for this Grant and the State’s liability for such payments shall be limited to the amount remaining of such encumbered funds. If State or federal funds are not appropriated, or otherwise become unavailable to fund this Grant, the State may immediately terminate this Grant in whole or in part without further liability in accordance with the provisions herein.

Appears in 23 contracts

Samples: Faster Transit Grant Agreement, Fta Section 5339(a) Grant Agreement, Fta Section 5310 Grant Agreement

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Available Funds-Contingency-Termination. The State is prohibited by law from making fiscal commitments beyond the term of the State’s current fiscal year. Therefore, Xxxxxxx’s compensation is contingent upon the continuing availability of State appropriations as provided in the Colorado Special Provisions, set forth below. If federal funds are used with this Grant in whole or in part, the State’s performance hereunder is contingent upon the continuing availability of such funds. Payments pursuant to this Grant shall be made only from available funds encumbered for this Grant and the State’s liability for such payments shall be limited to the amount remaining of such encumbered funds. If State or federal funds are not fully appropriated, or otherwise become unavailable to fund for this Grant, the State may immediately terminate this Grant in whole or in part to the extent of funding reduction without further liability in accordance with the provisions herein.

Appears in 7 contracts

Samples: Grant Agreement, Grant Agreement, Resiliency Planning Grant Agreement

Available Funds-Contingency-Termination. The State is prohibited by law from making fiscal commitments beyond the term of the State’s current fiscal year. Therefore, XxxxxxxContractor’s compensation beyond the State’s current Fiscal Year is contingent upon the continuing availability of State appropriations as provided in the Colorado Special Provisions, set forth below. If federal funds are used with to fund this Grant Contract, in whole or in part, the State’s performance hereunder is contingent upon the continuing availability of such funds. Payments pursuant to this Grant Contract shall be made only from available funds encumbered for this Grant Contract and the State’s liability for such payments shall be limited to the amount remaining of such encumbered funds. If State or federal funds are not appropriated, or otherwise become unavailable to fund this GrantContract, the State may immediately terminate this Grant Contract immediately, in whole or in part part, without further liability in accordance with the provisions hereinhereof.

Appears in 6 contracts

Samples: Colorado Department of Revenue Contract, Aircraft Purchase Contract, Master Contract

Available Funds-Contingency-Termination. The State is prohibited by law from making fiscal commitments beyond the term of the State’s current fiscal year. Therefore, XxxxxxxGrantee’s compensation is contingent upon the continuing availability of State appropriations as provided in the Colorado Special Provisions, set forth below. If federal funds are used with this Grant in whole or in part, the State’s performance hereunder is contingent upon the continuing availability of such funds. Payments pursuant to this Grant shall be made only from available funds encumbered for this Grant and the State’s liability for such payments shall be limited to the amount remaining of such encumbered funds. If State or federal funds are not fully appropriated, or otherwise become unavailable to fund for this Grant, the State may immediately terminate this Grant in whole or in part to the extent of funding reduction without further liability in accordance with the provisions herein.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

Available Funds-Contingency-Termination. The State is prohibited by law from making fiscal commitments beyond the term of the State’s current fiscal yearFiscal Year. Therefore, XxxxxxxContractor’s compensation beyond the State’s current Fiscal Year is contingent upon the continuing availability of State appropriations as provided in the Colorado Special Provisions, set forth below. If federal funds are used with to fund this Grant Contract, in whole or in part, the State’s performance hereunder is contingent upon the continuing availability of such funds. Payments pursuant to this Grant Contract shall be made only from available funds encumbered for this Grant Contract and the State’s liability for such payments shall be limited to the amount remaining of such encumbered funds. If State or federal funds are not appropriated, or otherwise become unavailable to fund this GrantContract, the State may immediately terminate this Grant Contract immediately, in whole or in part part, without further liability in accordance with the provisions hereinhereof.

Appears in 1 contract

Samples: Contract

Available Funds-Contingency-Termination. The State is prohibited by law from making fiscal commitments beyond the term of the State’s current fiscal year. Therefore, Xxxxxxx’s compensation is contingent upon the continuing availability of State appropriations as provided in the Colorado Special Provisions, set forth below. If federal funds Federal Funds or Matching Funds are used with this Grant in whole or in part, the State’s performance hereunder is contingent upon the continuing availability of such funds. Payments pursuant to this Grant shall be made only from available funds encumbered for this Grant and the State’s liability for such payments shall be limited to the amount remaining of such encumbered funds. If State State, Federal Funds or federal funds Matching Funds are not fully appropriated, or otherwise become unavailable to fund for this Grant, the State may immediately terminate this Grant in whole or in part without further liability in accordance with the provisions herein.

Appears in 1 contract

Samples: Grant Agreement

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Available Funds-Contingency-Termination. The State is prohibited by law from making fiscal commitments beyond the term of the State’s current fiscal year. Therefore, Xxxxxxx’s compensation is contingent upon the continuing availability of State appropriations as provided in the Colorado Special Provisions, set forth below. If federal funds are used with this Grant Subgrant in whole or in part, the State’s performance hereunder is contingent upon the continuing availability of such funds. Payments pursuant to this Grant Subgrant shall be made only from available funds encumbered for this Grant Subgrant and the State’s liability for such payments shall be limited to the amount remaining of such encumbered funds. If State or federal funds are not appropriated, or otherwise become unavailable to fund this Grant, the State may immediately terminate this Grant Subgrant in whole or in part without further liability in accordance with the provisions herein.

Appears in 1 contract

Samples: Grant Agreement

Available Funds-Contingency-Termination. The State is prohibited by law from making fiscal commitments beyond the term of the State’s current fiscal year. Therefore, Xxxxxxx’s compensation is contingent upon the continuing availability of State appropriations as provided in the Colorado Special Provisions, set forth below. If federal funds are used with this Grant in whole or in part, the State’s performance hereunder is contingent upon the continuing availability of such funds. Payments pursuant to this Grant shall be made only from available funds encumbered for this Grant and the State’s liability for such payments shall be limited to the amount remaining of such encumbered funds. If State or federal funds are not appropriated, or otherwise become unavailable to fund this Grant, the State may immediately terminate this Grant in whole or in part without further liability in accordance with the provisions herein.

Appears in 1 contract

Samples: Grant Agreement

Available Funds-Contingency-Termination. The State is prohibited by law from making fiscal commitments beyond the term of the State’s current fiscal year. Therefore, XxxxxxxBorrower’s compensation is contingent upon the continuing availability of State appropriations as provided in the Colorado Special Provisions, set forth below. If federal funds are used with this Grant Loan Agreement in whole or in part, the State’s performance hereunder is contingent upon the continuing availability of such funds. Payments pursuant to this Grant Loan Agreement shall be made only from available funds encumbered for this Grant Loan Agreement and the State’s liability for such payments shall be limited to the amount remaining of such encumbered funds. If State or federal funds are not fully appropriated, or otherwise become unavailable to fund for this GrantLoan Agreement, the State may immediately terminate this Grant Loan Agreement in whole or in part to the extent of funding reduction without further liability in accordance with the provisions herein.

Appears in 1 contract

Samples: Loan Agreement

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