Common use of Funding Provision Clause in Contracts

Funding Provision. This Agreement depends upon the continued availability of appropriated funds and expenditure authority from the Legislature for this purpose. If for any reason the Legislature fails to appropriate funds or grant expenditure authority, or funds become unavailable by operation of law or federal funds reductions, this Agreement may be terminated by the DEPARTMENT. Termination for any of these reasons is not a default by the DEPARTMENT nor does it give rise to a claim against the DEPARTMENT.

Funding Provision. This Agreement depends upon the continued availability of appropriated funds and expenditure authority from the Legislature for this purpose. If for any reason the Legislature fails to appropriate funds or grant expenditure authority, or funds become unavailable by operation of law or federal funds reductions, this Agreement may be terminated by the DEPARTMENTSTATE. Termination for any of these reasons is not a default by the DEPARTMENT STATE nor does it give rise to a claim against the DEPARTMENTSTATE.