- Term and Contingency Sample Clauses

- Term and Contingency. The term of this Agreement is three (3) years from the time when both parties’ signatures are affixed to this Agreement. Any future agreements between the parties related to the Premises shall be under the terms and conditions mutually agreed to by the parties at that time. This Agreement depends upon the continued availability of appropriated funds and expenditure authority from the Common Council for this Agreement’s purpose. If for any reason the Common Council fails to appropriate funds or grant expenditure authority, or if funds become unavailable by operation of law, this Agreement will be terminated by the City by written notice. Termination for any of these reasons is not a default or breach by the City nor does it give rise to a claim against the City.