Common use of BUDGET CONTINGENCY Clause in Contracts

BUDGET CONTINGENCY. If the Budget Act of the current year covered under this Grant Agreement does not appropriate sufficient funds for the Proposition 84 Implementation Grant Program, this Grant Agreement shall be of no force and effect. This provision shall be construed as a condition precedent to the obligation of State to make any payments under this Grant Agreement. In this event, State shall have no liability to pay any funds whatsoever to Grantee or to furnish any other considerations under this Grant Agreement and Grantee shall not be obligated to perform any provisions of this Grant Agreement. Nothing in this Grant Agreement shall be construed to provide Grantee with a right of priority for payment over any other Grantee. If funding for any fiscal year after the current year covered by this Grant Agreement is reduced or deleted by the Budget Act for purposes of this program, State shall have the option to either cancel this Grant Agreement with no liability occurring to State, or offer a Grant Agreement amendment to Grantee to reflect the reduced amount.

BUDGET CONTINGENCY. If the Budget Act of the current year and/or subsequent years covered under this Grant Agreement does not appropriate sufficient funds for the Proposition 84 Implementation Grant Programthis program, this Grant Agreement shall be of no force and effect. This provision shall be construed as a condition precedent to the obligation of State to make any payments under this Grant Agreement. In this event, the State shall have no liability to pay any funds whatsoever to the Grantee or to furnish any other considerations under this Grant Agreement and the Grantee shall not be obligated to perform any provisions of this Grant Agreement. Nothing in this Grant Agreement shall be construed to provide Grantee with a right of priority for payment over any other Granteegrantee. If this Agreement’s funding for any fiscal year after the current year covered by this Grant Agreement is reduced or deleted by the Budget Act for purposes Act, by Executive Order, or by order of this programthe Department of Finance, the State shall have the option to either cancel this Grant Agreement with no liability occurring to the State, or offer a Grant an Agreement amendment to the Grantee to reflect the reduced amount.

BUDGET CONTINGENCY. If the Budget Act of the current year and/or subsequent years covered under this Grant Agreement does not appropriate sufficient funds for the Proposition 84 Implementation Grant Programthis program, this Grant Agreement shall be of no force and effect. This provision shall be construed as a condition precedent to the obligation of the State to make any payments under this Grant Agreement. In this event, the State shall have no liability to pay any funds whatsoever to the Grantee or to furnish any other considerations under this Grant Agreement and the Grantee shall not be obligated to perform any provisions of this Grant Agreement. Nothing in this Grant Agreement shall be construed to provide the Grantee with a right of priority for payment over any other Granteegrantee. If this Agreement’s funding for any fiscal year after the current year covered by this Grant Agreement is reduced or deleted by the Budget Act for purposes Act, by Executive Order, or by order of this programthe Department of Finance, the State shall have the option to either cancel this Grant Agreement with no liability occurring to the State, or offer a Grant an Agreement amendment to the Grantee to reflect the reduced amount.