FUNDING IN SUBSEQUENT FISCAL YEARS Sample Clauses

FUNDING IN SUBSEQUENT FISCAL YEARS. It is expressly understood by the DISTRICT and CONSULTANT that funding for any subsequent fiscal year of the Agreement is contingent upon appropriation of monies by the DISTRICT’S Board of Supervisors, and the continuing receipt of state of federal grant funding, if applicable. In the event that funds are not available or appropriated, the DISTRICT reserves the right to terminate any Task Orders issued, in connection with this Agreement. The DISTRICT will be responsible for payment of any outstanding invoices and work completed by CONSULTANT prior to such termination.
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FUNDING IN SUBSEQUENT FISCAL YEARS. It is expressly understood by the City and the Consultant that funding for any subsequent fiscal year of the Agreement is contingent upon appropriation of monies by the City Commissioners, and the continuing receipt of state of federal grant funding, if applicable. In the event that funds are not available or appropriated, the City reserves the right to terminate the Agreement. The City will be responsible for payment of any outstanding invoices and work completed by the Consultant prior to such termination.

Related to FUNDING IN SUBSEQUENT FISCAL YEARS

  • Fiscal Year; Taxable Year The fiscal year and the taxable year of the Company is the calendar year.

  • Subsequent Taxable Events If, within 10 years from the date on which the relevant Participating TO's Interconnection Facilities are placed in service, (i) the Interconnection Customer Breaches the covenants contained in Article 5.17.2, (ii) a "disqualification event" occurs within the meaning of IRS Notice 88-129, or (iii) this LGIA terminates and the Participating TO retains ownership of the Interconnection Facilities and Network Upgrades, the Interconnection Customer shall pay a tax gross-up for the cost consequences of any current tax liability imposed on the Participating TO, calculated using the methodology described in Article 5.17.4 and in accordance with IRS Notice 90-60.

  • Fiscal Year The fiscal year of the Partnership shall be the calendar year.

  • Billing, Payment, Milestones, and Financial Security 6.1 Billing and Payment Procedures and Final Accounting

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