Common use of Termination for Insufficient Funding Clause in Contracts

Termination for Insufficient Funding. The State may immediately terminate or suspend this MPC and any work order contract if it does not obtain funding from the Minnesota legislature or other funding source; or if funding cannot be continued at a level sufficient to allow for the payment of the services covered here. Termination or suspension must be by written or fax notice to the Other Party. The State is not obligated to pay for any services that are provided after notice and effective date of termination or suspension. However, the Other Party will be entitled to payment, determined on a pro rata basis, for services satisfactorily performed to the extent that funds are available. The State will not be assessed any penalty if the master contract or work order is terminated because of the decision of the Minnesota legislature or other funding source, not to appropriate funds. The State must provide the Other Party notice of the lack of funding within a reasonable time of the State’s receiving that notice.

Termination for Insufficient Funding. The State may immediately terminate or suspend this MPC and any work order contract if it does not obtain funding from the Minnesota legislature or other funding source; or if funding cannot be continued at a level sufficient to allow for the payment of the services covered here. Termination or suspension must be by written or fax notice to the Other PartyLocal Government. The State is not obligated to pay for any services that are provided after notice and effective date of termination or suspension. However, the Other Party Local Government will be entitled to payment, determined on a pro rata basis, for services satisfactorily performed to the extent that funds are available. The State will not be assessed any penalty if the master contract or work order is terminated because of the decision of the Minnesota legislature or other funding source, not to appropriate funds. The State must provide the Other Party Local Government notice of the lack of funding within a reasonable time of the State’s receiving that notice.

Termination for Insufficient Funding. The State may immediately terminate or suspend this MPC Master Contract and any work order contract if it does not obtain funding from the Minnesota legislature or other funding source; or if funding cannot be continued at a level sufficient to allow for the payment of the services covered here. Termination or suspension must be by written or fax notice to the Other PartyLocal Government. The State is not obligated to pay for any services that are provided after notice and effective date of termination or suspension. However, the Other Party Local Government will be entitled to payment, determined on a pro rata basis, for services satisfactorily performed to the extent that funds are available. The State will not be assessed any penalty if the master contract or work order is terminated because of the decision of the Minnesota legislature or other funding source, not to appropriate funds. The State must provide the Other Party Local Government notice of the lack of funding within a reasonable time of the State’s receiving that notice.

Termination for Insufficient Funding. If the State is the Requesting Party, The State may immediately terminate or suspend this MPC and any work order contract Work Order if it does not obtain funding from the Minnesota legislature Legislature, or other funding source; or if funding cannot be continued at a level sufficient to allow for the payment of the services covered here. Termination or suspension must be by written or fax notice to the Other PartyLocal Government. The State is not obligated to pay for any services that are provided after notice and effective date of termination or suspensiontermination. However, the Other Party Local Government will be entitled to payment, determined on a pro rata basis, for services satisfactorily performed to the extent that funds are available. The State will not be assessed any penalty if the master contract or work order Work Order is terminated because of the decision of the Minnesota legislature Legislature, or other funding source, not to appropriate funds. The State must provide the Other Party Local Government notice of the lack of funding within a reasonable time of the State’s receiving that notice.