Contract Contingent on Purchaser Securing Funding Clause Samples

Contract Contingent on Purchaser Securing Funding. The Purchaser’s performance and obligation to pay under this Agreement is contingent upon a specific bond issuance and annual appropriation by the Board of County Commissioners. The parties hereto understand that this Agreement is not a commitment of future bond issuances or appropriations. Provided, however, Purchaser will commit to the funding prior to October 1, 2017. The Purchaser may not terminate this contract for lack of funding after October 1, 2017.