Effect of Inadequate Funding Sample Clauses

Effect of Inadequate Funding. In the event there is inadequate funding to implement the HCP/NCCP, USFWS and CDFG will assess the impact of the funding deficiency on the scope and validity of the Permits. Unless the Permittees exercise the authority to withdraw pursuant to Section 20.0 of this Agreement or the Wildlife Agencies revoke the Permits pursuant to Section 19.0 of this Agreement, the Parties agree that they will meet and confer to cooperatively develop a strategy to address the funding shortfall, and to undertake all practicable efforts to maintain the level of conservation and Take authorization afforded by the Permits until the funding situation can be remedied.
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Effect of Inadequate Funding. In the event there is inadequate funding to implement the BRCP, the Wildlife Agencies will assess the impact of the funding deficiency on the scope and validity of the Permits. Unless the Permittees exercise the authority to withdraw, as provided in Agreement Section 7, or the Wildlife Agencies revoke the Permits, in whole or in part, as provided in Agreement Section 7, the Parties agree that they will meet and confer to develop a strategy to address the funding shortfall and to undertake all practicable efforts to maintain both the level of conservation provided under the BRCP and the level of Authorized Take coverage afforded by the Permits until the funding deficiency can be remedied. The strategy to address a funding shortfall may include, but is not necessarily limited to, the actions described in BRCP Chapter 9, Section 9.3.1. However, the Permittees do not intend to, nor are they required to use, funds from their respective general funds to implement the BRCP in the event of funding shortfalls, either in the short term or the long term. If overall BRCP fee revenues for the term of the Permits fall short of BRCP projections because fewer Covered Activities are proposed or implemented, the resulting shortfall in BRCP funding could prevent or constrain the Permittees’ ability to implement the BRCP fully. If it appears that the allowed Authorized Take will not be used during the term of the Permits, substantially reducing BRCP fee revenues, the Parties anticipate that the Permittees will apply for an extension of the Permits in accordance with Agreement Section 7.5 to allow the full use of Authorized Take and full implementation of the BRCP, or will apply for a Permit modification or amendment in accordance with Agreement Section .
Effect of Inadequate Funding. ‌ As described in Chapter 9.4.5, the HCP/NCCP includes conservative assumptions and safeguards intended to ensure adequate funding for implementation, as well as a range of actions that the Permittees can take in the event of a temporary funding shortfall. In the event there is inadequate funding to implement the HCP/NCCP despite these assumptions, safeguards, and actions, the Wildlife Agencies will assess the impact of the funding deficiency on the scope and validity of the Permits. Unless the Permittees exercise the authority to withdraw, as provided in Section 16.5, or the Wildlife Agencies revoke the Permits, in whole or in part, as provided in Section 15, the Parties agree that they will meet and confer to develop a strategy to address the funding shortfall and to undertake all practicable efforts to maintain the level of conservation and Authorized Take coverage afforded by the Permits until the funding deficiency can be remedied.
Effect of Inadequate Funding. If funding becomes inadequate to implement the Plan, the Wildlife Agencies will assess the impact of the funding deficiency on the scope and validity of the Permits. Except in cases of withdrawal by Permittee or permit revocation by the Wildlife Agencies, the Parties agree to meet and confer to develop a strategy to address the funding shortfall, and to undertake all practicable efforts to maintain the level of conservation and Take authorization afforded by the Permits consistent with protection of the Covered Species and their habitats until the funding situation can be remedied. If circumstances warrant suspension or revocation of the Federal Permit or State Permit, in whole or in part, the applicable Wildlife Agency(ies) shall use its reasonable efforts to meet and confer with the Permittee within thirty (30) days of such determination to identify potential actions, if any, that may be available to forestall the suspension or revocation of a Permit(s).
Effect of Inadequate Funding. If funding is inadequate to implement the NCCP/HCP, USFWS and CDFG will assess the impact of the funding deficiency on the scope and validity of the Permits. Unless the Water Authority withdraws pursuant to Section 20.0 of this Agreement or the Wildlife Agencies revoke the Permits pursuant to Section 19.0 of this Agreement, the Parties agree to meet and confer to develop a strategy to address the funding shortfall, and to undertake all practicable efforts to maintain the level of conservation and Take authorization afforded by the Permits until the funding situation can be remedied. Where the Water Authority has funded an endowment or has provided a supplemental endowment to fully satisfy certain mitigation obligations under the NCCP/HCP and the endowment or supplemental endowment has been reviewed and approved in writing as adequate by the Wildlife Agencies, the endowment and any supplemental endowment are deemed adequate funding to carry out such obligations and the Wildlife Agencies shall not require additional funds or resources.

Related to Effect of Inadequate Funding

  • Effect of Breach In the event that Executive breaches any provision of this Agreement, Executive agrees that the Company may suspend all payments to Executive under this Agreement (including any Severance Payment), recover from Executive any damages suffered as a result of such breach and recover from Executive any reasonable attorneys’ fees or costs it incurs as a result of such breach. In addition, Executive agrees that the Company may seek injunctive or other equitable relief, without the necessity of posting bond, as a result of a breach by Executive of any provision of this Agreement.

  • EFFECT OF COMPLIANCE Compliance with and fulfillment of this Agreement shall be deemed to resolve all issues raised in the NOV.

  • Effect of Agreement Nothing herein contained shall be deemed to require to the Trust to take any action contrary to its Declaration of Trust or its By-Laws or any applicable law, regulation or order to which it is subject or by which it is bound, or to relieve or deprive the Trustees of the Trust of their responsibility for and control of the conduct of the business and affairs of the Trust.

  • Effect of Contract Any and all prior agreements, resolutions, practices, policies, rules and regulations regarding terms and conditions of employment, to the extent inconsistent with the provisions of this Contract, are hereby superseded.

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