Common use of Advances Subject to Annual Appropriation Clause in Contracts

Advances Subject to Annual Appropriation. It is hereby acknowledged that under applicable Oklahoma law, the Board may not become obligated beyond its fiscal year (July 1 through June 30), and therefore, the covenants made herein by the Board shall be on a year-to- year basis. The Board’s obligation to make Advances is subject to the availability of funds and annual appropriations thereof by the Board.

Appears in 13 contracts

Samples: Capital Improvements Agreement, Capital Improvements Agreement, Capital Improvements Agreement

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Advances Subject to Annual Appropriation. It is hereby acknowledged that under applicable Oklahoma law, the Board may not become obligated beyond its fiscal year (July 1 through June 30), ) and therefore, the covenants made herein by the Board shall be on a year-to- to-year basis. The Board’s obligation to make Advances is subject to the availability of funds and annual appropriations thereof by the Board.

Appears in 5 contracts

Samples: Capital Improvements Agreement, Capital Improvements Agreement, Capital Improvements Agreement

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