Common use of FUNDING CONTINGENCY Clause in Contracts

FUNDING CONTINGENCY. This Agreement is subject to the annual budget approval by the School Board and the annual budget appropriations of funds by the County of Loudoun Board of Supervisors. At the time of the award of this Agreement, funds will not be available for this Agreement. The School Board’s obligations under this Agreement are contingent upon the availability for appropriated funds from which payment for this Agreement can be made. No legal liability on the part of the School Board for any payment may arise until funds are made available to the School Board for this Agreement.

Appears in 4 contracts

Samples: Charter School Renewal Agreement, Charter School Renewal Agreement, Charter School Agreement

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FUNDING CONTINGENCY. This Agreement is subject to the annual budget approval by the School Board and the annual budget appropriations of funds by the County of Loudoun Board of Supervisors. At the time of the award of this Agreement, funds will not be available for this Agreement. The School Board’s obligations under this Agreement are contingent upon the availability for appropriated funds from which payment for this Agreement can be made. No legal liability on the part of the School Board for any payment may arise until funds are made available to the School Board for this Agreement.

Appears in 2 contracts

Samples: Charter School Renewal Agreement, Charter School Renewal Agreement

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