Common use of Xxxxx Adjustments Clause in Contracts

Xxxxx Adjustments. The Grantee acknowledges that the only source of funding for the Grants is the appropriation to CPB by the United States Congress, and that the Grants are, therefore, contingent upon CPB receiving its FY 2018 federal appropriation in the amount of $441,978,005. In the event reductions occur in the amount of that appropriation, by rescission or otherwise, before or after Grant funds are paid to the Grantee, the Grants shall automatically be reduced by a proportional amount. CPB will notify Grantee of the amount of any such reduction, and Xxxxxxx agrees to promptly return the amount to CPB. CPB may, at its sole discretion, elect to recover all or part of such funds immediately or by reducing future payments that may be due the Grantee under this or any other CPB grant program. The Grantee hereby agrees to any adjustments to its Grants as determined solely by CPB.

Xxxxx Adjustments. The Grantee acknowledges that the only source of funding for the Grants is the appropriation to CPB by the United States Congress, and that the Grants are, therefore, contingent upon CPB receiving its FY 2018 2017 federal appropriation in the amount of $441,978,005445,000,000. In the event reductions occur in the amount of that appropriation, by rescission or otherwise, before or after Grant funds are paid to the Grantee, the Grants shall automatically be reduced by a proportional amount. CPB will notify Grantee of the amount of any such reduction, and Xxxxxxx agrees to promptly return the amount to CPB. CPB may, at its sole discretion, elect to recover all or part of such funds immediately or by reducing future payments that may be due the Grantee under this or any other CPB grant program. The Grantee hereby agrees to any adjustments to its Grants as determined solely by CPB.

Xxxxx Adjustments. The Grantee acknowledges that the only source of funding for the Grants is the appropriation to CPB by the United States Congress, and that the Grants are, therefore, contingent upon CPB receiving its FY 2018 2019 federal appropriation in the amount of $441,978,005445,000,000. In the event reductions occur in the amount of that appropriation, by rescission or otherwise, before or after Grant funds are paid to the Grantee, the Grants shall automatically be reduced by a proportional amount. CPB will notify Grantee of the amount of any such reduction, and Xxxxxxx agrees to promptly return the amount to CPB. CPB may, at its sole discretion, elect to recover all or part of such funds immediately or by reducing future payments that may be due the Grantee under this or any other CPB grant program. The Grantee hereby agrees to any adjustments to its Grants as determined solely by CPB.

Xxxxx Adjustments. The Grantee acknowledges that the only source of funding for the Grants is the appropriation to CPB by the United States Congress, and that the Grants are, therefore, contingent upon CPB receiving its FY 2018 2020 federal appropriation in the amount of $441,978,005445,000,000. In the event reductions occur in the amount of that appropriation, which is by law allocated to such Grants, whether by rescission or otherwise, otherwise and whether before or after Grant funds are paid to the Grantee, the Grants shall automatically be reduced by a proportional amount. CPB will notify Grantee of the amount of any such reduction, and Xxxxxxx agrees to promptly return the amount to CPB. CPB may, at its sole discretion, elect to recover all or part of such funds immediately or by reducing future payments that may be due the Grantee under this or any other CPB grant program. The Grantee hereby agrees to any adjustments to its Grants as determined solely by CPB.