Termination Due to Lack of Funding Sample Clauses

Termination Due to Lack of Funding. The Board is a governmental entity that is entirely dependent upon the State of Maryland and the local government to provide funding. This Agreement is subject to the availability and appropriation of funds as determined by the Board at its sole discretion. Should there not be sufficient funds to continue this Agreement; the Board may terminate this Agreement, without any liability, with three (3) days written notice to the Consultant, which shall be known as the effective date of termination. Consultant will be compensated for actual services provided up to the effective date of the termination provided that such services were rendered in accordance with the provisions of this Agreement. Consultant shall not be entitled to anticipatory profits, consequential damages, or any other type of damage or cost.
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Termination Due to Lack of Funding. In the event funding from the Authority, federal or other sources is withdrawn, reduced, or limited in any way after the effective date of this agreement and prior to normal completion, the Authority may terminate the agreement, reduce funding, or re-negotiate subject to those new funding conditions.
Termination Due to Lack of Funding. This Agreement is subject to the condition precedents that: (i) Village funds are available, appropriated and budgeted, for the Services annually for each year of the Term; (ii) the Village secures and obtains any necessary proceeds, grants or loans for the accomplishment of the Services pursuant to any borrowing legislation adopted by the Village Commission relative to the Services; and (iii) the Village Commission enacts legislation or other necessary resolutions, which awards and authorizes the execution of this Agreement and the annual appropriation and budgeting for the Services. The Village represents to Consultant that the Village has adopted a resolution authorizing execution of this Agreement, if required by applicable law.
Termination Due to Lack of Funding. If sufficient funds are not appropriated by the Federal government to continue the reimbursement claimed by an institution participating in the CACFP, NDE may terminate the agreement immediately, without advance notice. If possible, NDE will attempt to notify the institution participating in the CACFP in writing by regular mail at least 30 days before the termination becomes effective.
Termination Due to Lack of Funding. XXXXXX and XXXXXX acknowledge that both Parties are political subdivisions of the Commonwealth of Massachusetts established pursuant to law and that they are funded in large part through Federal, state and local monies. Notwithstanding any other provision in this Lease, both Parties shall have the right, exercised in each Party’s discretion, to terminate this Lease on less than one year’s notice, but not less than forty-five (45) days’ notice, by written notice to the other in the event a lack of governmental funding makes it impossible for the terminating Party to perform its Lease obligations for a full year prior to termination. The termination notice shall include documentation of the funding insufficiency.
Termination Due to Lack of Funding. Each Party acknowledges that both Parties are political subdivisions of the Commonwealth of Massachusetts established pursuant to law and that they are funded in large part through Federal, state, and local monies. The maximum extent of each Town's financial liability in connection with this Agreement shall not exceed the amount validly appropriated by, or available to, each said Town for said purposes. Notwithstanding any other provision in this Agreement, both Parties shall have the right, exercised in each Party’s discretion, to terminate this Agreement on less than one year’s notice, but not less than forty-five (45) days’ notice, by written notice to the other in the event a lack of appropriation makes it impossible for the terminating Party to perform its obligations under the Agreement. The termination notice shall include documentation of the funding insufficiency.
Termination Due to Lack of Funding. Either party may terminate this Agreement if CBSA fails to achieve its bridge financing or other funding of at least $750,000 on or before December 31, 1999. Until such funding is obtained, Employee's salary shall accrue but remain unpaid.
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Termination Due to Lack of Funding. The Landlord may terminate this Lease if, by the date that is six (6) years after the date this Lease is entered into, the Tenant has not provided evidence satisfactory to the Landlord that eighty percent (80%) of the estimated costs of constructing a new building on the Premises have been raised by the Tenant.
Termination Due to Lack of Funding. If Multi-Year Funding is specified for this project, and should additional funding NOT be appropriated, the Owner shall pay the Design-Build Firm for all work performed up to the approved appropriation for the work completed. The Design-Build Firm is not entitled and shall not be paid additional compensation for termination due to additional funding not being approved. If DESIGN-BUILD FIRM stops work as a result of the OWNER’s lack of sufficient funding to pay for the remaining work and after OWNER obtains additional funding DESIGN-BUILD FIRM is directed to recommence work, then DESIGN-BUILD FIRM shall be entitled to a Change Order for all cost and damage incurred as a result of the work stoppage and remobilization, along with a time extension.
Termination Due to Lack of Funding. Appropriation If, in the judgment of the Director of Accounts and Reports, Department of Administration, sufficient funds are not appropriated to continue the function performed in this agreement and for the payment of the charges hereunder, State may terminate this agreement at the end of its current fiscal year. State agrees to give written notice of termination to contractor at least 30 days prior to the end of its current fiscal year, and shall give such notice for a greater period prior to the end of such fiscal year as may be provided in this contract, except that such notice shall not be required prior to 90 days before the end of such fiscal year. Contractor shall have the right, at the end of such fiscal year, to take possession of any equipment provided State under the contract. State will pay to the contractor all regular contractual payments incurred through the end of such fiscal year, plus contractual charges incidental to the return of any such equipment. Upon termination of the agreement by State, title to any such equipment shall revert to contractor at the end of the State's current fiscal year. The termination of the contract pursuant to this paragraph shall not cause any penalty to be charged to the agency or the contractor.
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