Common use of FINANCIAL AND LEGISLATIVE CONTINGENCIES Clause in Contracts

FINANCIAL AND LEGISLATIVE CONTINGENCIES. In the event the University System budget request is appropriated by the legislature in the amount requested, this agreement shall remain in full force and effect. Should the appropriation be less than the request, this agreement may be opened for renegotiation by the employer as to any portion thereof, the performance of which is contingent upon availability of financial resources. Should the legislature alter or amend a statutory provision contained in this agreement, the agreement may be opened for renegotiation by either party as to those clauses of the agreement affected by the legislative action.

FINANCIAL AND LEGISLATIVE CONTINGENCIES. In the event the University System budget request of the university system educational units is appropriated by the legislature in the amount requested, this agreement shall remain in full force and effect. Should the appropriation be less than the requestrequest or should the appropriation be reduced during the term of this agreement, this agreement may be opened reopened for renegotiation by the employer Employer as to any portion thereof, for which the performance of which is contingent upon availability of financial resources. Should the legislature alter or amend a statutory provision contained in this agreement, agreement those clauses of the agreement affected by legislative action may be opened for renegotiation by either party as to those clauses of the agreement affected by the legislative actionparty.

FINANCIAL AND LEGISLATIVE CONTINGENCIES. ‌ In the event the University System budget request is appropriated by the legislature in the amount requested, this agreement shall remain in full force and effect. Should the appropriation be less than the request, this agreement may be opened for renegotiation by the employer as to any portion thereof, the performance of which is contingent upon availability of financial resources. Should the legislature alter or amend a statutory provision contained in this agreement, the agreement may be opened for renegotiation by either party as to those clauses of the agreement affected by the legislative action.

FINANCIAL AND LEGISLATIVE CONTINGENCIES. In the event the University System budget request is appropriated by the legislature in the amount requested, this agreement shall remain in full force and effect. Should the appropriation be less than the request, this agreement may be opened for renegotiation by the employer as to any portion thereof, thereof the performance of which is contingent upon availability of financial resources. Should the legislature alter or amend a statutory provision contained in this agreement, the agreement may be opened for renegotiation by either party as to those clauses of the agreement affected by the legislative action.

FINANCIAL AND LEGISLATIVE CONTINGENCIES. ‌ In the event the University System budget request is appropriated by the legislature in the amount requested, this agreement shall remain in full force and effect. Should the appropriation be less than the request, this agreement may be opened for renegotiation by the employer as to any portion thereof, thereof the performance of which is contingent upon availability of financial resources. Should the legislature alter or amend a statutory provision contained in this agreement, the agreement may be opened for renegotiation by either party as to those clauses of the agreement affected by the legislative action.