Common use of REDUCTION IN FUNDS Clause in Contracts

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 In the event state funds appropriated for the work contemplated under this Contract are withdrawn, reduced, or limited in any way by the Washington State Governor or Legislature during the Contract period, the parties hereto shall be bound by any such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.

Appears in 3 contracts

Samples: Capital Agreement, Capital Agreement, Capital Agreement

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REDUCTION IN FUNDS. In the event state funds appropriated for the work contemplated under this Contract Grant Agreement are withdrawn, reduced, or limited in any way by the Governor or the Washington State Governor or Legislature during the Contract periodPeriod of Performance, the parties hereto shall be bound by any such revised funding limitations as implemented at the discretion of THE BOARDCOMMERCE, and shall meet and renegotiate the Contract Grant Agreement accordingly. Any changes are to be incorporated into this document as additions or amendments to Special Conditions.

Appears in 3 contracts

Samples: Capital Agreement, Capital Agreement, Capital Agreement

REDUCTION IN FUNDS. In the event state funds appropriated for the work contemplated under this Contract Grant Agreement are withdrawn, reduced, or limited in any way by the Governor or the Washington State Governor or Legislature during the Contract Grant Agreement period, the parties hereto shall be bound by any such revised funding limitations as implemented at the discretion of THE BOARDCOMMERCE, and shall meet and renegotiate the Contract Grant Agreement accordingly. Any changes are to be incorporated into this document as additions or amendments to Special Conditions.

Appears in 1 contract

Samples: Capital Agreement

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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 In the event state funds appropriated for the work contemplated under this Contract are withdrawn, reduced, or limited in any way by the Washington State Governor or Legislature during the Contract period, the parties hereto shall be bound by any such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 BOARDthe 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.

Appears in 1 contract

Samples: Capital Agreement

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