Common use of Financial Viability Clause in Contracts

Financial Viability. If the department determines, in its absolute discretion, that the AFP’s financial position has or may adversely affect the AFP’s performance of the Project or delivery of services (Financial Viability Issue), the department may exercise certain rights as detailed in clause 17. This clause does not limit the department’s rights under the Funding Agreement.

Appears in 3 contracts

Samples: Funding Agreement, Funding Agreement, Funding Agreement

AutoNDA by SimpleDocs

Financial Viability. If the department Department determines, in its absolute discretion, that the AFP’s financial position has or may adversely affect the AFP’s performance of the Project or delivery of services (Financial Viability Issue), the department Department may exercise certain rights as detailed in clause 17. This clause does not limit the departmentDepartment’s rights under the Funding Agreement.

Appears in 2 contracts

Samples: Funding Agreement, Funding Agreement

Financial Viability. If the department determines, in its absolute discretion, Department determines that the AFP’s financial position has or may adversely affect the AFP’s performance of the Project or delivery of services (Financial Viability Issue), the department Department may (subject to applicable laws) exercise certain any rights as detailed in clause 1713. This clause does not limit the departmentDepartment’s rights under the Funding Agreement.

Appears in 1 contract

Samples: Funding Agreement

AutoNDA by SimpleDocs

Financial Viability. If the department determines, in its absolute discretion, Department determines that the AFP’s financial position has or may adversely affect the AFP’s performance of the Project or delivery of services (Financial Viability Issue)its obligations under a Program, the department Department may (subject to applicable laws) exercise certain any rights as detailed in clause 1712(a). This clause does not limit the departmentDepartment’s other rights under the Funding Agreement.

Appears in 1 contract

Samples: Funding Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!