Common use of BUDGET CONTINGENCY Clause in Contracts

BUDGET CONTINGENCY. A. It is mutually understood between the Parties that this Agreement may have been written before ascertaining the availability of congressional or legislative appropriation of funds, for themutual benefit of both Parties in order to avoid program and fiscal delays that would occur if this Agreement were executed after that determination was made.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

AutoNDA by SimpleDocs

BUDGET CONTINGENCY. A. It is mutually understood between the Parties that this Agreement may have been written before ascertaining the availability of congressional or legislative appropriation of funds, for themutual the mutual benefit of both Parties in order to avoid program and fiscal delays that would occur if this Agreement were executed after that determination was made.

Appears in 2 contracts

Samples: Learning Lab Grant Agreement, Model Agreement

AutoNDA by SimpleDocs

BUDGET CONTINGENCY. A. It is mutually understood between the Parties that this Agreement may have been written before ascertaining the availability of congressional or legislative appropriation of funds, for themutual the mutual TOC benefit of both Parties in order to avoid program and fiscal delays that would occur if this Agreement were executed after that determination was made.

Appears in 1 contract

Samples: Standard Agreement

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