Common use of Changes in Funding Clause in Contracts

Changes in Funding. Contractor understands and agrees that KHS shall have the right to terminate this Agreement upon written notice to Contractor in the event that (a) any state or federal agency or other funding source reduces, withholds or terminates funding which KHS anticipated using to pay Contractor for services provided under this Agreement or (b) KHS has exhausted all funds legally available for payments due under this Agreement, provided that KHS shall provide at least 90 days’ notice of such event.

Appears in 6 contracts

Samples: Professional Services Agreement, Professional Services Agreement, Professional Services Agreement

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Changes in Funding. Contractor understands and agrees that KHS shall have the right to terminate this Agreement immediately upon written notice to Contractor in the event that (a) any state or federal agency or other funding source reduces, withholds or terminates funding which KHS anticipated using to pay Contractor for services provided under this Agreement or (b) KHS has exhausted all funds legally available for payments due under this Agreement, provided that KHS shall provide at least 90 days’ notice of such event.that

Appears in 5 contracts

Samples: Professional Services Agreement, Professional Services Agreement, Professional Services Agreement

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Changes in Funding. Contractor understands and agrees that KHS shall have the right to terminate this Agreement upon written notice to Contractor in the event that (a) any state or federal agency or other funding source reduces, withholds or terminates funding which KHS anticipated using to pay Contractor for services provided under this Agreement or (b) KHS has exhausted all funds legally available for payments due under this Agreement, provided that KHS shall provide at least 90 ninety (90) days’ notice of such event.

Appears in 2 contracts

Samples: Professional Services Agreement, Professional Services Agreement

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