Common use of Loss of Funding Clause in Contracts

Loss of Funding. Performance by University under the Agreement may be dependent upon the appropriation and allotment of funds by the Alabama State Legislature (the "Legislature"). If the Legislature fails to appropriate or allot the necessary funds, then University will issue written notice to Contractor and University may terminate the Agreement without further duty or obligation hereunder. Contractor acknowledges that appropriation, allotment, and allocation of funds are beyond the control of University.

Loss of Funding. Performance by University under the Agreement may be dependent upon the appropriation and allotment of funds by the Alabama State Legislature (the "Legislature"). If the Legislature fails to appropriate or allot the necessary funds, then University will issue written notice to Contractor Consultant and University may terminate the Agreement without further duty or obligation hereunder. Contractor Consultant acknowledges that appropriation, allotment, and allocation of funds are beyond the control of University.