Common use of Termination Due to Loss of Funding Clause in Contracts

Termination Due to Loss of Funding. The parties hereto expressly recognize that the Loan is made to the Borrower with State funds which are available to the Lender for the purposes of making a loan for the purposes described herein, and therefore, the Borrower expressly understands and agrees that all its rights, demands and claims to a loan arising under this Agreement are contingent upon availability of such funds to the Lender. In the event that such funds or any part thereof are not available to the Lender, the Lender may immediately terminate or amend this Agreement. FOR THE COLORADO DEPARTMENT OF TRANSPORTATION: By: Name: Title: FOR THE COLORADO BRIDGE ENTERPRISE: By: Name: Title: APPROVED: By: Name: Title: Assistant Attorney General

Appears in 1 contract

Samples: Intra Agency Agreement

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Termination Due to Loss of Funding. The parties hereto expressly recognize that the Loan is made to the Borrower with State funds which are available to the Lender for the purposes of making a loan for the purposes described herein, and therefore, the Borrower expressly understands and agrees that all its rights, demands and claims to a loan arising under this Agreement are contingent upon availability of such funds to the Lender. In the event that such funds or any part thereof are not available to the Lender, the Lender may immediately terminate or amend this Agreement. FOR THE COLORADO DEPARTMENT OF TRANSPORTATION: By: Name: Title: FOR THE COLORADO BRIDGE HIGH PERFORMANCE TRANSPORTATION ENTERPRISE: By: Name: Title: APPROVED: By: Name: Title: Assistant Attorney GeneralGeneral By: Date:

Appears in 1 contract

Samples: Intra Agency Agreement

Termination Due to Loss of Funding. The parties hereto expressly recognize that the Loan is made to the Borrower with State funds which are available to the Lender for the purposes of making a loan for the purposes described herein, and therefore, the Borrower expressly understands and agrees that all its rights, demands and claims to a loan arising under this Agreement are contingent upon availability of such funds to the Lender. In the event that such funds or any part thereof are not available to the Lender, the Lender may immediately terminate or amend this Agreement. FOR THE COLORADO DEPARTMENT OF TRANSPORTATION: By: Name: Title: FOR THE COLORADO BRIDGE HIGH PERFORMANCE TRANSPORTATION ENTERPRISE: By: Name: Title: APPROVED: By: Name: Title: Assistant Attorney General

Appears in 1 contract

Samples: Intra Agency Agreement

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Termination Due to Loss of Funding. The parties hereto expressly recognize that the Loan is made to the Borrower with State funds which are available to the Lender for the purposes of making a loan for the purposes described herein, and therefore, the Borrower expressly understands and agrees that all its rights, demands and claims to a loan arising under this Agreement are contingent upon availability of such funds to the Lender. In the event that such funds or any part thereof are not available to the Lender, the Lender may immediately terminate or amend this Agreement. FOR THE COLORADO DEPARTMENT OF TRANSPORTATION: By: Name: Title: FOR THE COLORADO BRIDGE ENTERPRISE: By: Name: Title: APPROVED: By: Name: Title: Assistant Attorney GeneralGeneral By: Date:

Appears in 1 contract

Samples: Intra Agency Agreement

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