CONTINGENCY STATEMENT Clause Samples
A Contingency Statement is a contractual provision that makes the agreement dependent on the occurrence of specific events or conditions. In practice, this clause might state that the contract is only binding if the buyer secures financing, the property passes inspection, or certain regulatory approvals are obtained. Its core function is to protect parties from being obligated to proceed if essential requirements are not met, thereby managing risk and ensuring that commitments are only enforceable when all necessary conditions are satisfied.
CONTINGENCY STATEMENT. This agreement is contingent upon the passage by Congress of an appropriation from which expenditures may be legally met and shall not obligate APHIS-WS upon failure of Congress to so appropriate. This agreement may also be reduced or terminated if Congress only provides APHIS-WS funds for a finite period under a Continuing Resolution.
CONTINGENCY STATEMENT. An annual legislative appropriation determines the state of Florida’s payment obligation under the agreement.
CONTINGENCY STATEMENT. The State of Florida’s performance and obligation to pay under this contract is contingent upon an annual appropriation by the Florida Legislature.
CONTINGENCY STATEMENT. For costs borne by WS-CO, this agreement is contingent upon the passage of the Agriculture, Rural Development, and Related Agencies Appropriation Act for the current fiscal year from which expenditures may be legally met and shall not obligate APHIS upon failure of Congress to so appropriate. This Agreement also may be reduced or terminated if Congress provides APHIS funds only for a finite period under a Continuing Resolution.
CONTINGENCY STATEMENT. For costs borne by WS, this agreement is contingent upon the passage of an appropriation from which expenditures may be legally met and shall not obligate USDA upon failure of Congress to so appropriate. This Agreement also may be reduced or terminated if Congress provides USDA funds only for a finite period under a Continuing Resolution.
CONTINGENCY STATEMENT. For costs borne by USDA-APHIS-WS, this agreement is contingent upon the passage of the Agriculture, Rural Development, and Related Agencies Appropriation Act for the current fiscal year from which expenditures may be legally met and shall not obligate USDA-APHIS-WS upon failure of Congress to so appropriate. This Agreement also may be reduced or terminated if Congress provides USDA-APHIS- WS funds only for a finite period under a Continuing Resolution.
CONTINGENCY STATEMENT. An annual legislative appropriation determines the state of Florida’s payment obligation under the agreement. The ELC shall fully cooperate with OEL and any other state or federal authorities on any fraud or other types of investigations. This includes, but is not limited to, producing any requested documents and providing witnesses to testify when requested.
CONTINGENCY STATEMENT. Provisions of services covered by the Agreement is contingent upon the receipt by APHIS of a deposit from the Cooperator, in advance, in an amount sufficient to cover services to be rendered and upon the availability of APHIS personnel to conduct services. APHIS reserves the right to terminate this Agreement if advanced payments are not received as required or it funding is not adequate to cover expenses. Any additional costs incurred by APHIS in the termination phase and any additional cost to APHIS to reopen the program must be fully paid in advance by the Cooperator prior to resumption of inspection services. The Cooperator is liable for fees assessed for services performed under this agreement. APHIS will assess a late payment penalty for failure to pay fees when due. In addition, the overdue fees shall accrue interest as required by 31 U.S.C. 3 3717.