Subject to the Availability of Funds Sample Clauses
The "Subject to the Availability of Funds" clause establishes that a party’s obligations—typically financial commitments—are contingent upon the actual availability of funds. In practice, this means that if the funding source, such as a government appropriation or grant, is reduced or not received, the obligated party is not required to fulfill payment or performance under the contract. This clause is commonly used in agreements involving public entities or projects dependent on external funding. Its core function is to protect parties from liability or breach when funding is uncertain or outside their control, thereby allocating risk related to funding shortfalls.
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Subject to the Availability of Funds. This agreement is subject to the availability of funds in accordance with Federal Appropriations law or if required by changes in State law, or because of court order, or because of insufficient appropriations made available the California State Legislature for the performance of this Agreement.
Subject to the Availability of Funds. All obligations of the Parties pursuant to this MOU are subject to appropriations and the availability of funds. A failure by the Parties to perform any condition on its part to be performed under this MOU as a result of the failure of the Legislature to appropriate funds shall not in any manner constitute a breach or default by the Parties.
Subject to the Availability of Funds. Any full or partial allocation of funds under this Grant is subject to the appropriation of funds by the Washington Legislature to OPD.