Common use of Cash Basis and Budget Laws Clause in Contracts

Cash Basis and Budget Laws. The right of Lender to enter into this Agreement is subject to the provisions of the Cash Basis Law (K.S.A. 10-1112 and 10-1113), the Budget Law (K.S.A. 79-2935), and other laws of the State of Kansas. This Agreement shall be construed and interpreted so as to ensure that Lender shall at all times stay in conformity with such laws, and as a condition of this Agreement Lender reserves the right to unilaterally sever, modify, or terminate this Agreement at any time if, in the opinion of its legal counsel, the Agreement may be deemed to violate the terms of such laws.

Appears in 7 contracts

Samples: Forgivable Loan Agreement and Promissory Note, Forgivable Loan Agreement and Promissory Note, Forgivable Loan Agreement and Promissory Note

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Cash Basis and Budget Laws. The right of Lender the parties to enter into this Agreement is subject to the provisions of the Cash Basis Law (K.S.A. 10-1112 and 10-1113), the Budget Law (K.S.A. 79-2935), and all other laws of the State of Kansas. This Agreement shall be construed and interpreted so as to ensure that Lender the parties shall at all times stay in conformity with such laws, and as a condition of this Agreement Lender reserves the parties reserve the right to unilaterally sever, modify, or terminate this Agreement at any time if, in the opinion of its legal counsel, the Agreement may be deemed to violate the terms of such laws.

Appears in 3 contracts

Samples: Intergovernmental Services Agreement, Government Services Agreement, Intergovernmental Services Agreement

Cash Basis and Budget Laws. The right of Lender the Client to enter into this Agreement is subject to the provisions of the Cash Basis Law (K.S.A. 10-1112 and 10-1113), the Budget Law (K.S.A. 79-2935), and other laws of the State of Kansas. This Agreement shall be construed and interpreted so as to ensure that Lender the Client shall at all times stay in conformity with such laws, and as a condition of this Agreement Lender the Client reserves the right to unilaterally sever, modify, or terminate this Agreement at any time if, in the opinion of its legal counsel, the Agreement may be deemed to violate the terms of such laws.

Appears in 3 contracts

Samples: Professional Services, Professional Services, Professional Services

Cash Basis and Budget Laws. The right of Lender the parties to enter into this Agreement is subject to the provisions of the Cash Basis Law (K.S.A. 10-1112 and 10-1113), the Budget Law (K.S.A. 79-2935), and other laws of the State of Kansas. This Agreement shall be construed and interpreted so as to ensure that Lender each party shall at all times stay in conformity with such laws, and as a condition of this Agreement Lender each party reserves the right to unilaterally sever, modify, or terminate this Agreement at any time if, in the opinion of its legal counsel, the Agreement may be deemed to violate the terms of such laws.

Appears in 1 contract

Samples: Contract for Services

Cash Basis and Budget Laws. The right of Lender Mortgagee to enter into this Agreement is subject to the provisions of the Cash Basis Law (K.S.A. §§ 10-1112 and 10-1113), the Budget Law (K.S.A. § 79-2935), and other laws of the State of Kansas. This Agreement shall will be construed and interpreted so as to ensure that Lender shall Mortgagee will at all times stay in conformity with such laws, and as a condition of this Agreement Lender Mortgagee reserves the right to unilaterally sever, modify, or terminate this Agreement at any time if, in the opinion of its legal counsel, the Agreement may be deemed to violate the terms of such laws.

Appears in 1 contract

Samples: Mortgage

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Cash Basis and Budget Laws. The right of Lender to enter into this Agreement thisAgreement is subject to the provisions of the Cash Basis Law (K.S.A. 10-1112 and 10-1113), the Budget Law (K.S.A. 79-2935), and other laws of the State of Kansas. This Agreement shall be construed and interpreted so as to ensure that Lender shall at all times stay in conformity with such laws, and as a condition of this Agreement Lender reserves the right to unilaterally sever, modify, or terminate this Agreement at any time if, in the opinion of its legal counsel, the Agreement may be deemed to violate the terms of such laws.

Appears in 1 contract

Samples: Forgivable Loan Agreement and Promissory Note

Cash Basis and Budget Laws. The right of Lender the Parties to enter into this Agreement is subject to the provisions of the Cash Basis Law (K.S.A. 10-1112 and 10-1113), the Budget Law (K.S.A. 79-2935), and all other laws of the State of Kansas. This Agreement shall be construed and interpreted so as to ensure that Lender the parties shall at all times stay in conformity with such laws, and as a condition of this Agreement Lender each party reserves the right to unilaterally sever, modify, or terminate this Agreement at any time if, in the opinion of its legal counsel, the Agreement may be deemed to violate the terms of such laws.

Appears in 1 contract

Samples: Funding Agreement

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