Common use of Budgetary considerations Clause in Contracts

Budgetary considerations. Resources for implementation of this Agreement may come from either Party, depending upon budgetary availability. Neither Party is obligated to expend any resources in connection with this Agreement. No implementation of any portion of this Agreement or commencement of any specific projects may be initiated prior to the written assurance of such budgetary availability to the other Party hereto. To the extent any external funding is required by a Party in order to implement this Agreement and funding for such purposes is not appropriated to a Party or is not otherwise available to a Party, the Party shall have no further financial obligations upon such determination. Should either Party not have funding to carry out any obligations of a particular exchange effort conducted under this Agreement, it shall immediately notify the other Party of such fact and of such portions of this Agreement that may be deemed terminated or modified with respect to that particular project.

Budgetary considerations. Resources for implementation of this Agreement may come from either Party, depending upon budgetary availability. Neither Party is obligated to expend any resources in connection with this AgreementMOU. No implementation of any portion of this Agreement or commencement of any specific projects may be initiated prior to the written assurance of such budgetary availability to the other Party hereto. To the extent any external funding is required by a Party in order to implement this Agreement and funding for such purposes is not appropriated to a Party or is not otherwise available to a Party, the Party shall have no further financial obligations upon such determination. Should either Party not have funding to carry out any obligations of a particular exchange effort conducted under this Agreement, it shall immediately notify the other Party of such fact and of such portions of this Agreement that may be deemed terminated or modified with respect to that particular project.

Budgetary considerations. Resources for implementation of this Agreement may come from either Partyparty, depending upon budgetary availability. Neither Party party is obligated to expend any resources in connection with this Agreement. No implementation of any portion of this Agreement or commencement of any specific projects may be initiated prior to the written assurance of such budgetary availability to the other Party party hereto. To the extent any external funding is required by a Party either party in order to implement this Agreement and funding for such purposes is not appropriated to a Party or is not otherwise available to a Partyavailable, the Party such party shall have no further financial obligations upon such determination. Should either Party party not have funding to carry out any obligations of a particular exchange effort conducted under this Agreement, it shall immediately notify the other Party party of such fact and of such portions of this Agreement that may be deemed terminated or modified with respect to that particular project.