Common use of Termination for Lack of Funding Clause in Contracts

Termination for Lack of Funding. The City may terminate this Contract in whole or in part when funding is not lawfully available for expenditure or when sources of funding are terminated, suspended, reduced, or otherwise not forthcoming through no fault of City. In the event of unavailability of funds to pay any amounts due under this Contract, City shall immediately notify the Program Provider and this Contract shall terminate without penalty or expense to City. Upon termination, the City shall pay Program Provider for any approved and documented services completed up to the date of termination, but not to exceed the maximum amount allowed by this Contract.

Appears in 3 contracts

Samples: Contract for Services, Contract, Contract

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Termination for Lack of Funding. The City may terminate this Contract in whole or in part when funding is not lawfully available for expenditure or when sources of funding are terminated, suspended, reduced, or otherwise not forthcoming through no fault of City. In the event of unavailability of funds to pay any amounts due under this Contract, City shall immediately notify the Program Provider and this Contract shall terminate without penalty or expense to City. Upon termination, the City shall pay Program Provider for any approved and documented services completed up to the date of termination, but not to exceed the maximum amount allowed by this Contract.. L

Appears in 2 contracts

Samples: Contract, Contract Agreement

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Termination for Lack of Funding. The City CITY may terminate this Contract Agreement in whole or in part when funding is not lawfully available for expenditure or when sources of funding are terminated, suspended, reduced, or otherwise not forthcoming through no fault of CityCITY. In the event of unavailability of funds to pay any amounts due under this ContractAgreement, City CITY shall immediately notify the Program Provider COUNTY and this Contract Agreement shall terminate without penalty or expense to CityCITY. Upon termination, the City CITY shall pay Program Provider COUNTY for any approved and documented services completed up to the date of termination, but not to exceed the maximum amount allowed by this ContractAgreement.

Appears in 1 contract

Samples: Interlocal Agreement

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