Common use of Termination for Non-Allocation of Funds Clause in Contracts

Termination for Non-Allocation of Funds. If funds are not allocated to DES to continue this Contract, or to Purchaser to continue any Work Order, in any future period, DES may terminate this Contract, or Purchaser may terminate any Work Order by thirty (30) calendar days written notice to Contractor or work with Contractor to arrive at a mutually acceptable resolution of the situation. DES or Purchaser will not be obligated to pay any further charges for Services including the net remainder of agreed to consecutive periodic payments remaining unpaid beyond the end of the then-current period(s). DES or Purchaser agrees to notify Contractor in writing of such non-allocation at the earliest possible time. No penalty shall accrue to DES or Purchaser in the event this section shall be exercised. This section shall not be construed to permit DES to terminate this Contract, or Purchaser to terminate any Work Order, in order to acquire similar Services from a third party.

Termination for Non-Allocation of Funds. If funds are not allocated to DES to continue this Contract, or to Purchaser to continue any Work Order, in any future period, DES may terminate this Contract, or Purchaser may terminate any Work Order by thirty (30) calendar days written notice to Contractor or work with Contractor to arrive at a mutually acceptable resolution of the situation. DES or Purchaser will not be obligated to pay any further charges for Services including the net remainder of agreed to consecutive periodic payments remaining unpaid beyond the end of the then-current period(s). DES or Purchaser Xxxxxxxxx agrees to notify Contractor in writing of such non-allocation at the earliest possible time. No penalty shall accrue to DES or Purchaser in the event this section shall be exercised. This section shall not be construed to permit DES to terminate this Contract, or Purchaser to terminate any Work Order, in order to acquire similar Services from a third party.

Termination for Non-Allocation of Funds. If funds are not allocated to DES or a Purchaser to continue this Contract, Master Contract or to Purchaser to continue any Work Order, Order in any future period, DES may terminate this Master Contract, or Purchaser may terminate any Work Order its Order(s) by thirty seven (307) calendar days Business Days written notice to Contractor or otherwise work with Contractor to arrive at a mutually acceptable resolution of the situation. DES or Purchaser Purchasers will not be obligated to pay any further charges for Materials or Services including the net remainder of agreed to consecutive periodic payments remaining unpaid beyond the end of the then-current period(s)period. DES or Purchaser Xxxxxxxxx agrees to notify Contractor in writing of such non-allocation at the earliest possible time. No penalty shall accrue to DES or Purchaser Purchasers in the event this section shall be exercised. This section shall not be construed to permit DES to terminate this Master Contract, or a Purchaser to terminate any Work Order, its Order Document/SOW(s) in order to acquire similar Materials or Services from a third party.