Common use of Certification of Funds Clause in Contracts

Certification of Funds. None of the rights, duties, or obligations in this Agreement will be binding on the State or a Subscribing Entity, and the Service Provider will not begin its performance under any Order, until all the following conditions occur for that Order: i. all statutory provisions under the ORC, including Section 126.07, have been met; ii. all necessary funds are made available by the appropriate State agencies; iii. if required, approval of this Agreement or the applicable Order is given by the Controlling Board of Ohio; and iv. if the Subscribing Entity is relying on federal or third-party funds for its Order, the Subscribing Entity gives the Service Provider written notice that such funds have been made available. Additional or alternate legal requirements may apply to political subdivisions that are a Subscribing Entity for an Order to be binding on it.

Appears in 4 contracts

Samples: Master Cloud Services Agreement, Master Service Agreement, Master Service Agreement

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