Common use of Continuation of Lease by Xxxxxx Clause in Contracts

Continuation of Lease by Xxxxxx. Lessee intends to continue making the payments under the Agreement. Lessee reasonably believes that legally available funds in an amount sufficient to make all payments during the term of the Agreement can be obtained. Xxxxxx agrees that, during the budgeting process for each budget year, the Lessee's staff will provide to the appropriate governing body proper notification of any payments due under the Agreement during the applicable budget year. Notwithstanding this covenant, if Xxxxxx fails to appropriate funds sufficient for the payments under the Agreement, the Agreemen t shall terminate as provided above.

Continuation of Lease by Xxxxxx. Lessee intends to continue making the payments under the Agreement. Lessee reasonably believes that legally available funds in an amount sufficient to make all payments during the term of the Agreement can be obtained. Xxxxxx agrees that, during the budgeting process for each budget year, the Lessee's staff will provide to the appropriate governing body proper notification of any payments due under the Agreement during the applicable budget year. Notwithstanding this covenant, if Xxxxxx fails to appropriate funds sufficient for the payments under the Agreement, the Agreemen t Agreement shall terminate as provided above.