Common use of Funding Decrease Clause in Contracts

Funding Decrease. The Commonwealth reserves the right, at its sole discretion, to reduce the total cost of this Agreement when: (1) During any quarter of the agreement period, the Grantee spends less than the total amount planned on the approved Program Budget of this Agreement for such quarter; or (2) The Federal or State funds appropriated by the U.S. Congress and/or State Legislature are less than anticipated by the Commonwealth after Execution of this Agreement hereunder; or (3) The funds appropriated are later unavailable due to a reduction or reservation in the appropriation. Such decreases will be made in accordance with paragraph 6 ("Funding Adjustments").

Funding Decrease. The Commonwealth reserves the right, at its sole discretion, to reduce the total cost of this Agreement when: (1) During any quarter of the agreement period, the Grantee spends less than the total amount planned on the approved Program Budget of this Agreement for such quarter; or (2) The Federal or State funds appropriated by the U.S. Congress and/or State Legislature are less than anticipated by the Commonwealth after Execution of this Agreement hereunder; or (3) The funds appropriated are later unavailable due to a reduction or reservation in the appropriation. Such decreases will be made in accordance with paragraph 6 4 ("“Funding Adjustments"”).

Funding Decrease. The Commonwealth reserves the right, at its sole discretion, to reduce the total cost of this Agreement when: (1) . During any quarter of the agreement period, the Grantee spends less than the total amount planned on the approved Program Budget of this Agreement for such quarter; quarter; or (2) . The Federal or State funds appropriated by the U.S. Congress and/or State Legislature are less than anticipated by the Commonwealth after Execution of this Agreement hereunder; hereunder; or (3) . The funds appropriated are later unavailable due to a reduction or reservation in the appropriation. Such decreases will be made in accordance with paragraph 6 4 ("“Funding Adjustments"”).