Insufficient Funding Sample Clauses

Insufficient Funding. COUNTY’s obligations under this Agreement are contingent upon the availability of local, state and/or federal funds. In the event such funding is reduced or eliminated, COUNTY shall, at its sole discretion, determine whether this Agreement shall be terminated. COUNTY shall provide CONTRACTOR seven (7) days advance written notice of its intent to terminate this Agreement due to insufficient funding.
AutoNDA by SimpleDocs
Insufficient Funding. In the event that additional funding is needed to complete the Scope of Work, the TA will identify the additional amounts needed and review those estimates with the Sponsor. The Parties will work together to identify potential sources of funding, as well as obtain the necessary funds to complete the Scope of Work. If additional funding is needed due to a change in the Scope of Work, as requested by the Sponsor, the TA will identify the additional amounts needed and review those estimates with the Sponsor. It is the responsibility of the Sponsor to identify the potential sources of funding, as well as obtain the necessary funds to complete the changed Scope of Work. The TA may consider requests for additional funding, but is under no obligation to grant such requests.
Insufficient Funding. Under conditions of reduced funding, the City reserves the right to immediately terminate this Agreement. S18 SUSPENSION OF FUNDS City may suspend payments to Subrecipient under the following circumstances:
Insufficient Funding. SUB-GRANTEE’S obligations under this Agreement are contingent upon the availability of local, state and/or federal funds. In the event such funding is reduced or eliminated, SUB-GRANTEE shall, at its sole discretion, determine whether this Agreement shall be terminated. SUB-GRANTEE shall provide SUB-SUB-GRANTEE seven (7) days advance written notice of its intent to terminate this Agreement due to insufficient funding.
Insufficient Funding. In the event funding from state, federal, or other sources is withdrawn, reduced, or limited in any way after the after the effective date of this contract and prior to normal completion, the DEPARTMENT may terminate the contract under Section XI.C. "Termination by DEPARTMENT for Convenience" clause, subject to renegotiation under those new funding limitations and conditions.
Insufficient Funding. In the event that additional funding is needed to complete the Scope of Work, the TA will identify the additional amounts needed and review those estimates with the Sponsor and the Airport. The Parties will work together to identify potential sources of funding, as well as obtain the necessary funds to complete the Scope of Work. If additional funding is needed due to a change in the Scope of Work, as requested by the Airport, the TA will identify the additional amounts needed and review those estimates with the Airport. In such case, it is the responsibility of the the Airport to identify the potential sources of funding, as well as obtain the necessary funds to complete the changed Scope of Work. The TA may consider requests for additional funding, but is under no obligation to grant such requests.
Insufficient Funding. The Participant, acknowledging that this Agreement is funded in whole or in part by funds secured from the state government, agrees that should there be a reduction or discontinuance of such funds by action of the state government, XXXX-CT shall have, in its sole discretion the right to terminate this Agreement in whole or in part. Any such termination shall take effect upon the date set forth in a written notice thereof to the Participant.
AutoNDA by SimpleDocs
Insufficient Funding. COUNTY’s obligations under this MOU are contingent upon the availability of local funding resulting from the sales and use tax established by Measure Z. In the event such funding is reduced or eliminated, COUNTY shall, at its sole discretion, determine whether this MOU shall be terminated. COUNTY shall provide NCSAC seven (7) days advance written notice of its intent to terminate this MOU due to insufficient funding. / / / /
Insufficient Funding. If the Funding provided by the County is insufficient to procure the Insurance required by this Agreement, the Coalition shall make reasonable efforts to raise additional funds through other means, such as donations, grants, fundraisers, or direct contributions from some or all property owners, with the goal of ensuring the Insurance is available for the property owners as contemplated herein. If such efforts are unsuccessful, the Coalition shall notify the County and the parties shall meet in good faith to discuss alternate means of providing insurance for the Vine Trail similar in nature and scope as the Insurance, including mitigation of any risks that may be increasing the cost of insurance. If the parties cannot agree on a means to provide comparable insurance for the Vine Trail, the parties shall proceed to mediation pursuant to section 11 with the goal of agreeing on a way to obtain insurance at a reasonable cost. The Coalition shall invite representatives of the property owners to participate in such conferences and mediation as and when they occur.

Related to Insufficient Funding

  • Insufficient Funds If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, L/C Borrowings, interest and fees then due hereunder, such funds shall be applied (i) first, toward payment of interest and fees then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of interest and fees then due to such parties, and (ii) second, toward payment of principal and L/C Borrowings then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal and L/C Borrowings then due to such parties.

  • Sufficient Funds Buyer has, and will have at the Effective Time, sufficient funds to consummate the transactions contemplated by this Agreement, subject to the terms and conditions of this Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.