Common use of Subject to Funds Availability Clause in Contracts

Subject to Funds Availability. This Grant Contract is subject to the appropriation and availability of State or Federal funds. In the event that the funds are not appropriated or are otherwise unavailable, the State reserves the right to terminate this Grant Contract upon written notice to the Grantee. The State’s right to terminate this Grant Contract due to lack of funds is not a breach of this Grant Contract by the State. Upon receipt of the written notice, the Grantee shall cease all work associated with the Grant Contract. Should such an event occur, the Grantee shall be entitled to compensation for all satisfactory and authorized services completed as of the termination date. Upon such termination, the Grantee shall have no right to recover from the State any actual, general, special, incidental, consequential, or any other damages whatsoever of any description or amount.

Appears in 20 contracts

Samples: Grant Contract, Governmental Grant Contract, Grant Contract

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Subject to Funds Availability. This The Grant Contract is subject to the appropriation and availability of State or Federal LaunchTN, state and/or federal funds. In the event that the funds are not appropriated or are otherwise unavailable, the State LaunchTN reserves the right to terminate this the Grant Contract upon written notice to the Grantee. The State’s right to terminate this Grant Contract due to lack of funds is Said termination shall not be deemed a breach of this Grant Contract contract by the StateLaunchTN. Upon receipt of the written notice, LaunchTN will no longer be responsible for costs incurred by the Grantee shall cease all work associated with the this Grant Contract. Should such an event occur, the Grantee shall be entitled to compensation for all satisfactory and authorized services completed as of the termination date. Upon such termination, the Grantee shall have no right to recover from the State LaunchTN any actual, general, special, incidental, consequential, consequential or any other damages whatsoever of any description or amount.

Appears in 2 contracts

Samples: Grant Agreement, Grant Contract

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Subject to Funds Availability. This Grant Contract is subject to the appropriation and availability of State or Federal funds. In the event that the funds are not appropriated or are otherwise unavailable, the State FTDD reserves the right to terminate this Grant Contract upon written notice to the GranteeContractor. The State’s FTDD's right to terminate this Grant Contract due to lack of funds is not a breach of this Grant Contract by the StateFTDD. Upon receipt of the written notice, the Grantee Contractor shall cease all work associated with the Grant Contract. Should such an event occur, the Grantee Contractor shall be entitled to compensation for all satisfactory and authorized services completed as of the termination date. Upon such termination, the Grantee Contractor shall have no right to recover from the State FTDD any actual, general, special, incidental, consequential, or any other damages whatsoever of any description or amount.

Appears in 1 contract

Samples: Grant Agreement

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