Common use of EXECUTORY CLAUSE Clause in Contracts

EXECUTORY CLAUSE. In accordance with Section 41 of the New York State Finance Law, this Contract shall be deemed executory only to the extent of money available to the State for the performance of the terms hereof and no liability on account thereof shall be incurred by the State beyond moneys available for the purpose thereof.

Appears in 8 contracts

Sources: Design Build Agreement, Design Build Contract, Design Build Agreement

EXECUTORY CLAUSE. In accordance with Section 41 of the New York State Finance Law, this Contract contract shall be deemed executory only to the extent of money available to the State for the performance of the terms hereof this contract and no liability on account thereof shall be incurred by the State of New York beyond moneys available for the purpose thereofthis contract.

Appears in 1 contract

Sources: Lease Contract (Park Electrochemical Corp)