CONTINGENT FUNDING Sample Clauses
The Contingent Funding clause establishes that the availability or disbursement of funds under an agreement is dependent on the occurrence of specific events or fulfillment of certain conditions. In practice, this means that a party is only obligated to provide funding if predefined milestones are met, such as regulatory approvals, achievement of project benchmarks, or receipt of matching funds from other sources. This clause serves to protect the funding party from undue risk by ensuring that their financial commitment is only triggered when agreed-upon criteria are satisfied, thereby aligning funding with project progress or external factors.
POPULAR SAMPLE Copied 2 times
CONTINGENT FUNDING. 1 1. Any obligation of COUNTY under this Contract is contingent upon the following:
2 a. The continued availability of federal, state and County funds for reimbursement of 3 COUNTY’s expenditures, and
4 b. Inclusion of sufficient funding for the services hereunder in the applicable budget(s) 5 approved by the Orange County Board of Supervisors.
6 2. In the event such funding is subsequently reduced or terminated, COUNTY may suspend, 7 terminate or renegotiate this Contract upon thirty (30) calendar days’ written notice provided to
CONTINGENT FUNDING. 1. Any obligation of County under this Contract is contingent upon the following:
a) The continued availability of federal, state and county funds for reimbursement of County’s expenditures, and
b) Inclusion of sufficient funding for the services hereunder in the applicable budget(s) approved by the Board of Supervisors.
2. In the event such funding is subsequently reduced or terminated, County may suspend, terminate or renegotiate this Contract upon thirty (30) calendar days’ written notice given Contractor. If County elects to renegotiate this Contract due to reduced or terminated funding, Contractor shall not be obligated to accept the renegotiated terms.
CONTINGENT FUNDING. 1. Any obligation of COUNTY under this Agreement is contingent upon the following:
a. The continued availability of federal, state and county funds for reimbursement of COUNTY’s expenditures, and
b. Inclusion of sufficient funding for the services hereunder in the applicable budget approved by the Board of Supervisors.
2. In the event such funding is subsequently reduced or terminated, COUNTY may terminate or renegotiate this Agreement upon thirty (30) calendar days written notice given CONTRACTOR.
CONTINGENT FUNDING. 20 1. Any obligation of COUNTY under this Contract is contingent upon the following:
21 a. The continued availability of federal, state and county funds for reimbursement of
23 b. Inclusion of sufficient funding for the services hereunder in the applicable budget(s)
25 2. In the event such funding is subsequently reduced or terminated, COUNTY may suspend,
CONTINGENT FUNDING. 1. Any obligation of COUNTY under this Agreement is contingent upon the following:
9 a. The continued availability of federal, state and county funds for reimbursement of 10 COUNTY’s expenditures, and
CONTINGENT FUNDING. 12 1. Any obligation of COUNTY under this Agreement is contingent upon the following:
13 a. The continued availability of federal, state and county funds for reimbursement of 14 COUNTY’s expenditures, and
15 b. Inclusion of sufficient funding for the services hereunder in the applicable budget(s) 16 approved by the Board of Supervisors.
17 2. In the event such funding is subsequently reduced or terminated, COUNTY may suspend, 18 terminate or renegotiate this Agreement upon thirty (30) calendar days’ written notice given
CONTINGENT FUNDING. 1. Any obligation of COUNTY under this Agreement is contingent upon the following:
a. The continued availability of federal, state and county funds for reimbursement of COUNTY’s expenditures, and
b. Inclusion of sufficient funding for the services hereunder in the applicable budget(s) approved by the Board of Supervisors.
2. In the event such funding is subsequently reduced or terminated, COUNTY may suspend, terminate or renegotiate this Agreement upon thirty (30) calendar days’ written notice given CONTRACTOR. If COUNTY elects to renegotiate this Agreement due to reduced or terminated funding, CONTRACTOR shall not be obligated to accept the renegotiated terms.
CONTINGENT FUNDING. 35 1. Any obligation of COUNTY under this Agreement is contingent upon the following:
36 a. The continued availability of federal, state and county funds for reimbursement of 37 COUNTY’s expenditures, and
1 b. Inclusion of sufficient funding for the services hereunder in the applicable budget 2 approved by the Board of Supervisors.
3 2. In the event such funding is subsequently reduced or terminated, COUNTY may suspend, 4 terminate or renegotiate this Agreement upon thirty (30) calendar day’s written notice given 5 CONTRACTOR. If COUNTY elects to renegotiate this Agreement due to reduced or terminated 6 funding, CONTRACTOR shall not be obligated to accept the renegotiated terms.
CONTINGENT FUNDING. 13 a. Any obligation of COUNTY under this Agreement is contingent upon the following:
14 1) The continued availability of federal, state and county funds for reimbursement of 15 COUNTY’s expenditures, and
16 2) Inclusion of sufficient funding for the services hereunder in the applicable budget 17 approved by the Board of Supervisors.
18 b. In the event such funding is subsequently reduced or terminated, COUNTY may 19 terminate or renegotiate this Agreement upon one hundred twenty (120) calendar day written notice 20 given CONTRACTOR. COUNTY agrees to provide CONTRACTOR reasonable notice of any changes 21 in funding and to pay CONTRACTOR for any ongoing work being performed by CONTRACTOR 22 through to a reasonable point of termination. COUNTY agrees to return the portion of any products to 23 CONTRACTOR not paid for in full should funding for this initiative be discontinued.
CONTINGENT FUNDING. 2 1. Any obligation of COUNTY under this Contract is contingent upon the following: 3 COUNTY’s expenditures, and