Common use of Funding Out Provision Clause in Contracts

Funding Out Provision. The state agency may terminate this contract if funds are not appropriated to the contracting agency or are not otherwise available for the purpose of making payments without incurring any obligation for payment after the date of termination, regardless of the terms of the contract. The state agency shall provide the Contractor thirty

Funding Out Provision. The state agency may terminate this contract if funds are not appropriated to the contracting agency or are not otherwise available for the purpose of making payments without incurring any obligation for payment after the date of termination, regardless of the terms of the contract. The state agency shall provide the Contractor thirtythirty (30) calendar days’ written notice of termination of the contract due to lack of available funding.

Funding Out Provision. The state agency may terminate this contract agreement if funds are not appropriated to the contracting agency or are not otherwise available for the purpose of making payments without incurring any obligation for payment after the date of termination, regardless of the terms of the contractagreement. The state agency shall provide the Contractor thirtythirty (30) calendar days written notice of termination of the agreement due to lack of available funding.

Funding Out Provision. The state agency may terminate this contract agreement if funds are not appropriated to the contracting agency or are not otherwise available for the purpose of making payments without incurring any obligation for payment after the date of termination, regardless of the terms of the contractagreement. The state agency shall provide the Contractor thirtythirty (30) calendar day’s written notice of termination of the agreement due to lack of available funding.