REDUCTION IN FUNDS Sample Clauses

REDUCTION IN FUNDS. In the event state funds appropriated for the work contemplated under this Contract are withdrawn, reduced, or limited in any way by the Washington State Governor or Legislature during the Contract period, the parties hereto shall be bound by any such revised funding limitations as implemented at the discretion of THE BOARD, and shall meet and renegotiate the Contract accordingly. Any changes are to be incorporated into this document as additions or amendments to Special Conditions.
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REDUCTION IN FUNDS. The City of Vancouver may unilaterally terminate all or part of this Agreement, or may reduce its scope of work or budget under this Agreement, if there is a reduction of funds by the source of those funds, and if such funds are the basis for this Agreement.
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REDUCTION IN FUNDS. It is understood that funding may cease or be reduced at any time. In the event that adequate funds are not available to meet the obligations hereunder, either party reserves the right to terminate this Agreement upon thirty (30) days’ written notice.
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REDUCTION IN FUNDS. In the event state funds appropriated for the work contemplated under this Contract are withdrawn, reduced, or limited in any way by the Governor or the Washington State Legislature during the Contract period, the Agency may suspend or terminate the Contract under the Termination for Convenience clause without advance notice, subject to renegotiation at the Agency’s discretion, under those new funding limitations and conditions.
Sample 1
REDUCTION IN FUNDS. If funding from the state or other source is withdrawn, reduced, reallocated, or limited, after the effective date of this Contract and prior to normal completion, COMMERCE may immediately and unilaterally terminate the Contract, withdraw funding, or renegotiate the Contract subject to those new funding limitations and conditions. COMMERCE shall promptly notify the Contractor of such termination, withdrawal of funds, or intent to renegotiate the Contract. If the source of funding for this Contract is eliminated on a temporary or permanent basis, COMMERCE will not be responsible for reimbursing the Contractor for any work performed after the receipt of the notification. Failure of the Contractor to meet performance standards, production projections, or comply with federal or state requirements may result in reduction of funds.
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Related to REDUCTION IN FUNDS

  • REDUCTION IN FORCE It is understood and agreed that in addition to the above designated and related duties, full-time professional staff shall participate fully in the activities of institutional councils and/or committees. The employment status of the Employee shall be as follows: Executive/Managerial Appointment , not subject to tenure. Professional/Managerial Appointment , not subject to tenure. Other conditions of Employment:

  • Reduction in Hours Any reduction in regularly assigned time shall be considered a layoff under the provisions of this Article.

  • REDUCTION IN WORKFORCE 16.01 The employer will layoff employees in reverse order of seniority within the classification provided those retained have the ability to do the work. No new employee will be hired until all those qualified employees with recall rights have been given the opportunity to return to work and have failed to do so.

  • Reduction A. No regular employee or limited-term regular employee shall be reduced to a position in a lower class for reasons of unsatisfactory performance or physical disability except for reasonable cause.

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