Common use of Termination due to Insufficient Funding Clause in Contracts

Termination due to Insufficient Funding. Immediately, upon receipt from ASES of a written notice pursuant to Section 16.11.8.6 that appropriated federal and/or Puerto Rico funds become unavailable or that such funds will be insufficient for the payment of ASES’s obligation under this Contract when due, unless both Parties agree, through a written Amendment, to a modification of the obligations under this Contract.

Appears in 2 contracts

Samples: Contract (Triple-S Management Corp), Triple-S Management Corp

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Termination due to Insufficient Funding. Immediately, upon receipt from ASES of a providing the Contractor written notice pursuant to Section 16.11.8.6 that appropriated federal and/or Puerto Rico funds become unavailable or that such funds will be insufficient for the payment of ASES’s obligation obligations under this Contract when due, unless both Parties agree, through a written Amendment, to a modification of the obligations under this Contract.

Appears in 2 contracts

Samples: Contract (Triple-S Management Corp), Triple-S Management Corp

Termination due to Insufficient Funding. Immediately, upon receipt from ASES of a written notice pursuant to Section 16.11.8.6 35.5 that appropriated federal and/or Puerto Rico funds become unavailable or that such funds will be insufficient for the payment of ASES’s 's obligation under this Contract when due, unless both Parties agree, through a written Amendmentamendment, to a modification of the obligations under this Contract.

Appears in 1 contract

Samples: Triple-S Management Corp

Termination due to Insufficient Funding. Immediately, upon receipt from ASES of a written notice pursuant to Section 16.11.8.6 that appropriated federal and/or Puerto Rico funds become unavailable or that such funds will be insufficient for the payment of ASES’s 's obligation under this Contract when due, unless both Parties agree, through a written Amendment, to a modification of the obligations under this Contract.

Appears in 1 contract

Samples: Contract (Triple-S Management Corp)

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Termination due to Insufficient Funding. Immediately, upon receipt from ASES of a providing the Contractor written notice pursuant to Section 16.11.8.6 that appropriated federal and/or Puerto Rico funds become unavailable or that such funds will be insufficient for the payment of ASES’s obligation 's obligations under this Contract when due, unless both Parties agree, through a written Amendment, to a modification of the obligations under this Contract.

Appears in 1 contract

Samples: Contract (Triple-S Management Corp)

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