Common use of NON-FUNDING CLAUSE Clause in Contracts

NON-FUNDING CLAUSE. (a) The County has requested or intends to request an appropriation of Transportation Funds to be paid to the MSD for the purposes set forth in this Agreement. If Transportation Funds are not appropriated and made available beyond December 31 of the county fiscal year in which this Agreement becomes effective, the County’s obligation to contribute Transportation Funds to the MSD under this Agreement beyond that date will be null and void. This Agreement places no obligation on the County to Contribute Transportation Funds to the MSD in succeeding fiscal years. The County’s obligation to contribute Transportation Funds to the MSD under this Agreement will terminate and become null and void on the last day of the county fiscal year for which funds were budgeted and appropriated, except as to those portions of payments agreed upon for which funds are budgeted and appropriated. The Parties agree that such termination of the County’s obligation under this Paragraph will not be construed as a breach of this Agreement or as an event of default under this Agreement, and that such termination of the County’s obligation under this Paragraph will be without penalty and that no right of action for damages or other relief will accrue to the benefit of the MSD, its successors, or its assigns as to this Agreement, or any portion thereof, which may terminate and become null and void.

NON-FUNDING CLAUSE. (ai) The County has requested or intends to request an appropriation of Transportation TRCC Funds to be paid to the MSD City for the purposes set forth in this Agreement. If Transportation TRCC Funds are not appropriated and made available beyond December 31 of the county fiscal year in which this Agreement becomes effective, the County’s obligation to contribute Transportation TRCC Funds to the MSD City under this Agreement beyond that date will be null and void. This Agreement places no obligation on the County to Contribute Transportation contribute TRCC Funds to the MSD City in succeeding fiscal years. The County’s obligation to contribute Transportation TRCC Funds to the MSD City under this Agreement will terminate and become null and void on the last day of the county fiscal year for which funds were budgeted and appropriated, except as to those portions of payments agreed upon for which funds are budgeted and appropriated. The Parties agree that such termination of the County’s obligation under this Paragraph will not be construed as a breach of this Agreement or as an event of default under this Agreement, and that such termination of the County’s obligation under this Paragraph will be without penalty and that no right of action for damages or other relief will accrue to the benefit of the MSDCity, its successors, or its assigns as to this Agreement, or any portion thereof, which may terminate and become null and void.

NON-FUNDING CLAUSE. (ai) The County has requested or intends to request an appropriation of Transportation TRCC Funds to be paid to the MSD City for the purposes set forth in this Agreement. If Transportation TRCC Funds are not appropriated and made available beyond December 31 of the county fiscal year in which this Agreement becomes effective, the County’s obligation to contribute Transportation TRCC Funds to the MSD City under this Agreement beyond that date will be null and void. This Agreement places no obligation on the County to Contribute Transportation TRCC Funds to the MSD City in succeeding fiscal years. The County’s obligation to contribute Transportation TRCC Funds to the MSD City under this Agreement will terminate and become null and void on the last day of the county fiscal year for which funds were budgeted and appropriated, except as to those portions of payments agreed upon for which funds are budgeted and appropriated. The Parties agree that such termination of the County’s obligation under this Paragraph will not be construed as a breach of this Agreement or as an event of default under this Agreement, and that such termination of the County’s obligation under this Paragraph will be without penalty and that no right of action for damages or other relief will accrue to the benefit of the MSDCity, its successors, or its assigns as to this Agreement, or any portion thereof, which may terminate and become null and void.

NON-FUNDING CLAUSE. (ai) The County has requested or intends to request an appropriation of Transportation TRCC Funds to be paid to the MSD Recipient for the purposes set forth in this Agreement. If Transportation TRCC Funds are not appropriated and made available beyond December 31 of the county fiscal year in which this Agreement becomes effective, the County’s obligation to contribute Transportation TRCC Funds to the MSD Recipient under this Agreement beyond that date will be null and void. This Agreement places no obligation on the County to Contribute Transportation contribute TRCC Funds to the MSD Recipient in succeeding fiscal years. The County’s obligation to contribute Transportation TRCC Funds to the MSD Recipient under this Agreement will terminate and become null and void on the last day of the county fiscal year for which funds were budgeted and appropriated, except as to those portions of payments agreed upon for which funds are budgeted and appropriated. The Parties agree that such termination of the County’s obligation under this Paragraph will not be construed as a breach of this Agreement or as an event of default under this Agreement, and that such termination of the County’s obligation under this Paragraph will be without penalty and that no right of action for damages or other relief will accrue to the benefit of the MSDRecipient, its successors, or its assigns as to this Agreement, or any portion thereof, which may terminate and become null and void.