Common use of FINANCIAL ARRANGEMENTS AND SUPPORT Clause in Contracts

FINANCIAL ARRANGEMENTS AND SUPPORT. 10.1 Recognizing the significant financial investments required to support Southern Mountain Caribou recovery, Canada and British Columbia, subject to sections 10.2 to 10.4, commit to contribute funding, including for the specific Conservation and Recovery Measures as identified in Annex 2, as well as overarching activities such as science and engagement activities, outlined annually in the Joint Southern Mountain Caribou Work Plan. 10.2 Each Party’s commitment to fund or implement any Conservation and Recovery Measure in this Agreement, including without limitation, the specific Conservation and Recovery Measures that are outlined in Annex 2, are subject to an appropriation being available for that particular measure during the applicable fiscal year of the Party. 10.3 Canada and British Columbia acknowledge and agree that any funding to implement this Agreement is subject to their respective priorities and budgetary constraints. 10.4 Canada and British Columbia further acknowledge that neither Party is providing assurances to the other Party that it will obtain funding, or any required approvals or mandates that may be required to implement any Conservation and Recovery Measures.

Appears in 5 contracts

Samples: Conservation Agreement, Conservation Agreement, Conservation Agreement

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