Common use of Funding Out Clause Clause in Contracts

Funding Out Clause. This Agreement may be terminated by the City without notice and without penalty or liability in the event that (1) the City lacks sufficient funds for this Agreement; (2) funds for this Agreement are not appropriated by the City Council of the City; and (3) funds for this Agreement that are or were to be provided by grant or through an outside service are withheld, denied or are otherwise not available to the City.

Funding Out Clause. This Agreement agreement may be terminated by the City city without notice and without penalty or liability in the event that (1) the City city lacks sufficient funds for this Agreementagreement; (2) funds for this Agreement agreement are not appropriated by the City Council of the City; and (3) funds for this Agreement agreement that are or were to be provided by grant or through an outside service are withheld, denied or are otherwise not available to the Citycity.