Common use of Appropriation Approval Clause in Contracts

Appropriation Approval. Buyer shall on an annual basis seek an appropriation by the State of Illinois for the Renewable Energy Resources Fund sufficient to allow payment under this Agreement. If Buyer fails to receive such appropriation approval for a given fiscal year, Buyer shall notify Seller of such and Buyer may terminate or suspend this Agreement within thirty (30) calendar days after the date of such notification to Seller. Buyer must provide notice of such termination or suspension to Seller in accordance with the provisions of Article 14. If suspended, Seller may sell RECs from the System to another party during the suspended period. If terminated, neither Party shall have any further liability hereunder upon such termination.

Appropriation Approval. Buyer shall on an annual basis seek an Payment under this Agreement is subject to Xxxxx’s receipt of a sufficient financial appropriation by from the State of Illinois for the Renewable Energy Resources Fund sufficient to allow payment under this AgreementFund. If Buyer fails to receive such appropriation approval for a given fiscal year, Buyer shall notify Seller of such and Buyer may terminate or suspend this Agreement within thirty (30) calendar days after the date of such notification to Seller. Buyer must provide notice of such termination or suspension to Seller in accordance with the provisions of Article 14. If suspended, Seller may sell RECs from the System to another party during the suspended period. If terminated, neither Party shall have any further liability hereunder upon such termination.

Appropriation Approval. Buyer Payment under this Agreement is subject to Xxxxx’s receipt of a sufficient financialBuyer shall on an annual basis seek an appropriation by fromby the State of Illinois for the Renewable Energy Resources Fund sufficient to allow payment under this Agreement. If Buyer fails to receive such appropriation approval for a given fiscal year, Buyer shall notify Seller of such and Buyer may terminate or suspend this Agreement within thirty (30) calendar days after the date of such notification to Seller. Buyer must provide notice of such termination or suspension to Seller in accordance with the provisions of Article 14. If suspended, Seller may sell RECs from the System to another party during the suspended period. If terminated, neither Party shall have any further liability hereunder upon such termination.

Appropriation Approval. Buyer Payment under this Agreement is subject to Buyer’s receipt of a sufficient financialBuyer shall on an annual basis seek an appropriation by fromby the State of Illinois for the Renewable Energy Resources Fund sufficient to allow payment under this Agreement. If Buyer fails to receive such appropriation approval for a given fiscal year, Buyer shall notify Seller of such and Buyer may terminate or suspend this Agreement within thirty (30) calendar days after the date of such notification to Seller. Buyer must provide notice of such termination or suspension to Seller in accordance with the provisions of Article 14. If suspended, Seller may sell RECs from the System to another party during the suspended period. If terminated, neither Party shall have any further liability hereunder upon such termination.

Appropriation Approval. Buyer shall on an annual basis seek an Payment under this Agreement is subject to Buyer’s receipt of a sufficient financial appropriation by from the State of Illinois for the Renewable Energy Resources Fund sufficient to allow payment under this AgreementFund. If Buyer fails to receive such appropriation approval for a given fiscal year, Buyer shall notify Seller of such and Buyer may terminate or suspend this Agreement within thirty (30) calendar days after the date of such notification to Seller. Buyer must provide notice of such termination or suspension to Seller in accordance with the provisions of Article 14. If suspended, Seller may sell RECs from the System to another party during the suspended period. If terminated, neither Party shall have any further liability hereunder upon such termination.