Common use of Termination Due to Funding Clause in Contracts

Termination Due to Funding. In the event funding from any state, federal, or other source is withdrawn, reduced, or limited in any way after the date this Contract is signed and prior to the termination date, HCA may, in whole or in part, suspend or terminate this Contract upon fifteen (15) calendar days’ prior written notice to Contractor or upon the effective date of withdrawn or reduced funding, whichever occurs earlier. At HCA’s sole discretion the Contract may be renegotiated under the revised funding conditions. If this Contract is so terminated or suspended, HCA shall be liable only for payment in accordance with the terms of this Contract for services rendered prior to the effective date.

Appears in 5 contracts

Samples: Washington Behavioral Health, Washington Behavioral Health, Washington Behavioral Health

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