Common use of Termination or Reduction of Funds Clause in Contracts

Termination or Reduction of Funds. i. The Subcontractor agrees that major changes to this contract, both in terms of program content, funding levels, including termination by the State of NJ, may be required prior to its implementation or during the term of its operations due to new or revised legislation, regulations or level of funding. The Subcontractor agrees that any such changes deemed necessary by the MCOWD shall be immediately incorporated into this grant, including termination of said agreement. ii. Future payments under this Agreement may be suspended or terminated upon refusal to accept or satisfy any additional conditions that may be imposed by the County, State or Federal government at any time.

Termination or Reduction of Funds. i. The Subcontractor agrees that major changes to this contract, both in terms of program content, funding levels, including termination by the State of NJ, may be required prior to its implementation or during the term of its operations due to new or revised legislation, regulations or level of funding. The Subcontractor agrees that any such changes deemed necessary by the MCOWD MCOCO shall be immediately incorporated into this grant, including termination of said agreement. ii. Future payments under this Agreement may be suspended or terminated upon refusal to accept or satisfy any additional conditions that may be imposed by the County, State or Federal government at any time.