Common use of Termination for Lack of Funds Clause in Contracts

Termination for Lack of Funds. If, for whatever reason, adequate funding is not made available to City to support or justify continuation of the level of Professional Services to be provided by Consultant under this Agreement, City may terminate or reduce the amount of Professional Services to be provided by Consultant under this Agreement. In such event, City will notify Consultant in writing at least thirty (30) days in advance of such termination or reduction of Professional Services for lack of funds.

Termination for Lack of Funds. If, for whatever reason, adequate funding is not made available to by City to support or justify continuation of the level of Professional Services services to be provided by Consultant under this Agreement, City may terminate or reduce the amount of Professional Services services to be provided by Consultant under this Agreement. In such event, City will notify Consultant in writing at least thirty (30) days in advance of such termination or reduction of Professional Services services for lack of funds.