Common use of Termination Due To Lack Of Funding Appropriation Clause in Contracts

Termination Due To Lack Of Funding Appropriation. If, in the judgment of the Chief Financial Officer, sufficient funds are not appropriated to continue the function performed in this Agreement and for the payment of the charges hereunder, County may terminate this Agreement at the end of its current fiscal year. County agrees to give written notice of termination to Contractor at least thirty (30) days prior to the end of its current fiscal year, and shall give such notice for a greater period prior to the end of such fiscal year as may be provided for in the Agreement, except that such notice shall not be required prior to ninety (90) days before the end of such fiscal year. Contractor shall have the right, at the end of such fiscal year, to take possession of any equipment provided to County under the Agreement. County will pay to Contractor all regular contractual payments incurred through the end of such fiscal year, plus contractual charges incidental to the return of any related equipment. Upon termination of the Agreement by County, title to any such equipment shall revert to Contractor at the end of County’s current fiscal year. The termination of the Agreement pursuant to this paragraph shall not cause any penalty to be charged to the County or the Contractor.

Termination Due To Lack Of Funding Appropriation. If, in the judgment of the Chief Financial OfficerCounty Administrator, sufficient funds are not appropriated to continue the function performed in this Agreement agreement and for the payment of the charges hereunder, Xxxxxxx County may terminate this Agreement agreement at the end of its current fiscal year. Xxxxxxx County agrees to give written notice of termination to Contractor vendor/contractor at least thirty (30) 30 days prior to the end of its current fiscal year, and shall give such notice for a greater period prior to the end of such fiscal year as may be provided for in the Agreementthis contract, except that such notice shall not be required prior to ninety (90) 90 days before the end of such fiscal year. Contractor Vendor/contractor shall have the right, at the end of such fiscal year, to take possession of any unpaid equipment provided to Xxxxxxx County under the Agreementcontract. Xxxxxxx County will pay to Contractor the vendor/contractor all regular contractual payments incurred through the end of such fiscal year, plus contractual charges incidental to the return of any related such equipment. Upon termination of the Agreement agreement by Xxxxxxx County, title to any such unpaid equipment shall revert to Contractor vendor/contractor at the end of Xxxxxxx County’s 's current fiscal year. The termination of the Agreement contract pursuant to this paragraph shall not cause any penalty to be charged to the Xxxxxxx County or the Contractorvendor/contractor.