Common use of TERM & PRICING Clause in Contracts

TERM & PRICING. This contract shall commence for a One Year period beginning on October 1, 2015 and end on September 30, 2016 with the option to renew for Two (2), One-year terms. No agreement or contract shall be executed which binds the city for the purchase of services or commodities for a period in excess of one (1) fiscal year, unless the following statement is included in the contract: "The performance of the City of Lake Wales and its obligation to pay under this contract is contingent upon annual appropriation by the City Commission of Lake Wales."

Appears in 3 contracts

Samples: Agreement for Purchase of Sodium Hypochlorite, Agreement for Generator, Agreement for Purchase of Polymer

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TERM & PRICING. This contract shall commence for a One Year period beginning on October 1, 2015 the date of approval of the City Commission and end on September 30, 2016 2019 with the option to renew for Two (2), One-year Year terms. No agreement or contract shall be executed which binds the city for the purchase of services or commodities for a period in excess of one (1) fiscal year, unless the following statement is included in the contract: "The performance of the City of Lake Wales and its obligation to pay under this contract is contingent upon annual appropriation by the City Commission of Lake Wales."

Appears in 2 contracts

Samples: Construction Agreement, Construction Agreement

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