Common use of Termination Due to the Lack of Funds Clause in Contracts

Termination Due to the Lack of Funds. In the event funds to finance this Agreement become unavailable or if federal or state funds upon which this Agreement is dependent are withdrawn or redirected, DEO may terminate this Agreement upon no less than twenty-four (24) hour notice in writing to Grantee. DEO shall be the final authority as to the availability of funds and will not reallocate funds earmarked for this Agreement to another program thus causing “lack of funds.” In the event of termination of this Agreement under this provision, Grantee will be compensated for any work satisfactorily completed prior to notification of termination.

Termination Due to the Lack of Funds. In the event funds to finance this Agreement Contract become unavailable or if federal or state funds upon which this Agreement Contract is dependent are withdrawn or redirected, DEO may terminate this Agreement Contract upon no less than twenty-four (24) hour hours’ notice in writing to GranteeContractor. DEO shall be the final authority as to the availability of funds and will not reallocate funds earmarked for this Agreement Contract to another program thus causing “lack of funds.” In the event of termination of this Agreement Contract under this provision, Grantee Contractor will be compensated for any work satisfactorily completed prior to notification of termination.

Termination Due to the Lack of Funds. In the event funds to finance this Agreement become unavailable or if federal or state funds upon which this Agreement is dependent are withdrawn or redirected, DEO may terminate this Agreement upon no less than twenty-four twenty‐four (24) hour notice in writing to Grantee. DEO shall be the final authority as to the availability of funds and will not reallocate funds earmarked for this Agreement to another program thus causing “lack of funds.” In the event of termination of this Agreement under this provision, Grantee will be compensated for any work satisfactorily completed prior to notification of termination.

Termination Due to the Lack of Funds. In the event funds to finance this Agreement become thisAgreementbecome unavailable or if federal or state funds upon which this Agreement is thisAgreementis dependent are withdrawn or redirected, DEO may terminate this Agreement upon Agreementupon no less than twenty-four (24) hour notice in writing to GranteetoGrantee. DEO shall be the final authority as to asto the availability of funds and will not reallocate funds earmarked for this Agreement to thisAgreementto another program thus causing “lack of funds.” In the event of termination of this Agreement under thisAgreementunder this provision, ,Grantee will be compensated for any work satisfactorily completed prior to notification of termination.