Risk and Receipt of Funding Sample Clauses

Risk and Receipt of Funding. Subrecipient represents and warrants that, at all times during the Term, it does NOT have active exclusions in the System for Award Management (xxx.xxx). Subrecipient’s risk profile must be evaluated in accordance with 2 CFR § 200.332(b) and deemed favorable, and Subrecipient’s award will be reported at xxxx.xxx in compliance with 2 CFR §170, prior to Subrecipient’s receipt of funds. If the Subrecipient has any active exclusion, it will not be eligible for receipt of funding.
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Related to Risk and Receipt of Funding

  • Contingency of Funding 6.26.1 A-E acknowledges that funding or portions of funding for this CONTRACT may also be contingent upon receipt of funds from, and/or appropriation of funds by, the State of California or other funding sources to COUNTY. If such funding and/or appropriations are not forthcoming, or otherwise limited, COUNTY may immediately terminate or modify this CONTRACT without penalty.

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