Common use of FUNDING CONTINGENCY Clause in Contracts

FUNDING CONTINGENCY. University's performance under this Agreement may be dependent upon appropriation of funds by the Texas State legislature ("Legislature") and/or allocation of funds by University's Board of Regents ("Board"). If the Legislature fails to appropriate the necessary funds or the Board fails to allocate the necessary funds, University may terminate this Agreement without liability by providing written notice to Contractor.

Appears in 9 contracts

Samples: Standard Purchasing Agreement, Standard Purchasing Agreement, Purchasing Agreement

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FUNDING CONTINGENCY. University's ’s performance under this Agreement may be dependent upon appropriation of funds by the Texas State legislature Legislature ("Legislature") and/or allocation of funds by University's ’s Board of Regents ("Board"). If the Legislature fails to appropriate the necessary funds or the Board fails to allocate the necessary funds, University may terminate this Agreement without liability by providing written notice to Contractor.

Appears in 3 contracts

Samples: Standard Purchasing Agreement, Standard Purchasing Agreement, Standard Purchasing Agreement

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