Commitment of Current Revenues Only. In the event that, during any term hereof, the Commissioners Court does not appropriate sufficient funds to meet the obligations of Lessee under this Agreement, Lessee may terminate this Agreement upon ninety (90) days written notice to Lessor. Lessee agrees, however, to use reasonable efforts to secure funds necessary for the continued performance of this Agreement. The parties intend this provision to be a continuing right to terminate this Agreement at the expiration of each budget period of Buyer pursuant to the provisions of Tex. Loc. Govt. Code Xxx. § 271.903 (Xxxxxx Supp. 1996).
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement
Commitment of Current Revenues Only. In the event that, during any term hereof, the Commissioners Court of Lessee does not appropriate sufficient funds to meet the obligations of Lessee under this Agreement, Lessee may terminate this Agreement upon ninety sixty (9060) days written notice to Lessor. Lessee agrees, however, to use reasonable efforts to secure funds necessary for the continued performance of this Agreement. The parties intend this provision to be a continuing right to terminate this Agreement at the expiration of each budget period of Buyer Lessee pursuant to the provisions of Tex. Loc. Govt. Code Xxx. § ' 271.903 (Xxxxxx Supp. 1996).
Appears in 1 contract
Samples: Lease Agreement
Commitment of Current Revenues Only. In the event that, during any term hereof, the Commissioners Court does not appropriate sufficient funds to meet the obligations of Lessee under this Agreement, Lessee may terminate this Agreement upon ninety sixty (9060) days written notice to Lessor. Lessee agrees, however, to use reasonable efforts to secure funds necessary for the continued performance of this Agreement. The parties intend this provision to be a continuing right to terminate this Agreement at the expiration of each budget period of Buyer Lessee pursuant to the provisions of Tex. Loc. Govt. Code Xxx. § ' 271.903 (Xxxxxx Supp. 1996).
Appears in 1 contract
Samples: Lease Agreement