Common use of Commitment of Current Revenues Only Clause in Contracts

Commitment of Current Revenues Only. In the event that, during any term hereof, the governing body of any party does not appropriate sufficient funds to meet the obligations of Buyer under this Agreement, then any party may terminate this Agreement upon ninety (90) days written notice to the other party. Each of the parties agrees, however, to use its best 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 each party pursuant to the provisions of Tex. Loc. Govt. Code Xxx. 271.903.

Commitment of Current Revenues Only. In the event that, during any term hereof, the governing body of any party the Owner does not appropriate sufficient funds fund to meet the obligations of Buyer such party under this Agreement, then any party the Owner may terminate this Agreement Contract upon ninety (90) days written notice to the other party. Each of the parties hereto agrees, however, to use its best efforts to secure funds necessary for the continued performance of this AgreementContract. The parties intend this provision to be a continuing right to terminate this Agreement at the expiration of each budget period of each party the Owner pursuant to the provisions of Tex. Loc. Govt. Code Xxx. , §271.903.

Commitment of Current Revenues Only. In the event that, during any term hereof, the governing body of any party the Owner does not appropriate sufficient funds to meet the obligations of Buyer the Owner under this Agreement, then any party the Owner may terminate this Agreement upon ninety (90) days written notice to the other party. Each of the parties hereto agrees, however, to use its best 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 each party the Owner pursuant to the provisions of Tex. Loc. Govt. Code Xxx. §271.903.

Commitment of Current Revenues Only. In the event that, during any term hereof, the governing body of any party the Owner does not appropriate sufficient funds to meet the obligations of Buyer such party under this Agreement, then any party the Owner may terminate this Agreement Contract upon ninety (90) days written notice to the other party. Each of the parties hereto agrees, however, to use its best efforts to secure funds necessary for the continued performance of this AgreementContract. The parties intend this provision to be a continuing right to terminate this Agreement at the expiration of each budget period of each party the Owner pursuant to the provisions of Tex. Loc. Govt. Code Xxx. § 271.903.