Common use of Financial Considerations Clause in Contracts

Financial Considerations. 5.1 In the event aggregate funding provided to SCDDO from county, state and/or federal sources is reduced or in any way becomes insufficient to fund this Agreement, the obligations of both SCDDO and the CSP must thereupon be: (1) reduced on a pro rata basis, or (2) renegotiated or terminated, provided that any termination of this Agreement must be without prejudice to any obligations or liabilities of the parties accrued prior to the termination.

Appears in 5 contracts

Samples: Developmental Disability Affiliation Agreement, Developmental Disability Affiliation Agreement, Developmental Disability Affiliation Agreement

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