Common use of Certification of Funds Clause in Contracts

Certification of Funds. 5.1 It is expressly understood and agreed by the Parties that none of the rights, duties, and obligations described in this Agreement shall be binding on either Party until all relevant statutory provisions of the Ohio Revised Code, including, but not limited to, R.C. 126.07, have been complied with, and until such time as all necessary funds are available or encumbered and, when required, such expenditure of funds is approved by the Controlling Board of the State of Ohio, or in the event that grant funds are used, until such time that University gives Contractor written notice that such funds have been made available to University by University’s funding source.

Certification of Funds. 5.1 It is expressly understood and agreed by the Parties parties that none of the rights, duties, and obligations described in this Agreement shall be binding on either Party party until all relevant statutory provisions of the Ohio Revised Code, including, but not limited to, R.C. 126.07, have been complied with, and until such time as all necessary funds are available or encumbered and, when required, such expenditure of funds is approved by the Controlling Board of the State of Ohio, or in the event that grant funds are used, until such time that University the College Foundation gives Contractor Consultant written notice that such funds have been made available to University the College Foundation by Universitythe College Foundation’s funding source.

Certification of Funds. 5.1 It is expressly understood and agreed by the Parties parties that none of the rights, duties, and obligations described in this Agreement shall be binding on either Party party until all relevant statutory provisions of the Ohio Revised Code, including, but not limited to, R.C. 126.07, have been complied with, and until such time as all necessary funds are available or encumbered and, when required, such expenditure of funds is approved by the Controlling Board of the State of Ohio, or in the event that grant funds are used, until such time that University the College gives Contractor Consultant written notice that such funds have been made available to University the College by Universitythe College’s funding source.

Certification of Funds. 5.1 It is expressly understood and agreed by the Parties parties that none of the rights, duties, and obligations described in this Agreement shall be binding on either Party party until all relevant statutory provisions of the Ohio Revised Code, including, but not limited to, R.C. 126.07, have been complied with, and until such time as all necessary funds are available or encumbered and, when required, such expenditure of funds is approved by the Controlling Board of the State of Ohio, or in the event that grant funds are used, until such time that University gives Contractor written notice that such funds have been made available to University by University’s funding source.