Common use of Withdrawal from Agreement Clause in Contracts

Withdrawal from Agreement. Any Party may withdraw from participation in the Program by giving written notice of such termination to all other Parties and specifying the effective date thereof. No Party or Parties withdrawing from participation hereunder shall be entitled to any refund of any monies previously contributed to Phase II expenses pursuant to this Agreement; provided, however, any such Party or Parties shall not be obligated to make any further contributions contemplated in this Agreement following the date of such withdrawal.

Appears in 3 contracts

Samples: Interlocal Program and Funding Agreement, Interlocal Program and Funding Agreement, Interlocal Program and Funding Agreement

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Withdrawal from Agreement. Any Party may withdraw from participation in the Program by giving written notice of such termination to all other Parties and specifying the effective date thereof. No Party or Parties withdrawing from participation hereunder shall be entitled to any refund of any monies previously contributed to Phase II expenses pursuant to this Agreement; provided, however, any such Party or Parties shall not be obligated to make any further contributions contemplated in this Agreement following the date of such withdrawal.

Appears in 1 contract

Samples: Interlocal Program and Funding Agreement

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