Common use of Funding Out Clause in Contracts

Funding Out. If the governing body of a party should not appropriate or otherwise make available funds sufficient to fulfill the party’s obligations under this Agreement, such party may unilaterally terminate this Agreement, without financial penalty, upon 90 days written notice to the other party.

Appears in 3 contracts

Samples: User Agreement, User Agreement, User Agreement

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Funding Out. If the governing body of a party should not appropriate or otherwise make available funds sufficient to fulfill the party’s obligations under this Agreement, such party may unilaterally terminate this Agreement, without financial penalty, upon 90 ninety (90) days written notice to the other party.

Appears in 1 contract

Samples: User Agreement

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