RE-APPROPRIATION. The parties hereto understand and agree that any state funds not expended by the end of the declared BIENNIUM, including the ten percent (10%) retainage as described in SPECIAL TERMS AND CONDITIONS, Section 20: REIMBURSEMENT, will lapse on that date unless specifically re-appropriated in an enacted Capital Budget. THE BOARD will make all necessary efforts to seek re-appropriation of funds into the declared BIENNIUM. If funds are so re-appropriated, THE BOARD’S obligation under the terms of this Contract shall be contingent upon the terms of such re-appropriation.
Appears in 2 contracts
Samples: Capital Agreement, Capital Agreement
RE-APPROPRIATION. The parties hereto understand and agree that any state funds not expended by the end of the declared BIENNIUM, including the ten percent (10%) retainage as described in SPECIAL TERMS AND CONDITIONS, Section 20: REIMBURSEMENT, will lapse on that date unless specifically re-re- appropriated in an enacted Capital Budget. THE BOARD will make all necessary efforts to seek re-re- appropriation of funds into the declared BIENNIUM. If funds are so re-appropriated, THE BOARD’S obligation under the terms of this Contract shall be contingent upon the terms of such re-re- appropriation.
Appears in 1 contract
Samples: Capital Agreement
RE-APPROPRIATION. The parties hereto understand and agree that any state funds not expended by the end of the declared BIENNIUM, including the ten percent (10%) retainage as described in SPECIAL TERMS AND CONDITIONS, Section 2017: REIMBURSEMENT, will lapse on that date unless specifically re-re- appropriated in an enacted Capital Budget. THE BOARD The Board will make all necessary efforts to seek re-re- appropriation of funds into the declared BIENNIUM. If funds are so re-appropriated, THE BOARD’S the Board’s obligation under the terms of this Contract shall be contingent upon the terms of such re-re- appropriation.
Appears in 1 contract
Samples: Capital Agreement