Common use of General Funding Clause in Contracts

General Funding. A multi-year lease or lease/purchase arrangement, or any contract continuing as a result of an extension option, must include a fiscal funding out provision in the lease or contract. Funds for this procurement have been provided through the County budget for this fiscal year only. Xxxxxxx County, on an annual basis and at their discretion, has the right to reconsider a contract during the budget process for ensuing years if financial resources of Xxxxxxx County are insufficient to meet the liabilities of said contract. After expiration of the lease, leased equipment shall be removed by the Vendor from the user department without penalty of any kind or form to Xxxxxxx County. All charges and physical activity related to delivery, installation, removal and re-delivery shall be the responsibility of the Vendor.

Appears in 17 contracts

Samples: Professional Services Agreement, Professional Services Agreement, Service Agreement

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