Common use of Additional Termination Provisions Clause in Contracts

Additional Termination Provisions. a. Upon execution of this Agreement funds appropriated by the State Legislature for the purpose of payment under the HHAP shall be made available for payment under this Agreement subject to the terms and conditions of this Agreement. However, in the unlikely eventuality that the Corporation determines that State funds are unavailable at any time during the duration of this Agreement, this Agreement may be terminated. The Corporation shall give timely written notice to the Sponsor in the event of termination under this paragraph. In the event of such termination the Corporation shall be obligated to pay the Sponsor only for expenditures made and obligations incurred by the Sponsor until such time as written notice of the termination is received by the Sponsor from the Corporation.

Additional Termination Provisions. a. Upon execution of this Agreement AGREEMENT funds appropriated by the State Legislature for the purpose of payment under the HHAP shall be made available for payment under this Agreement AGREEMENT subject to the terms and conditions of this AgreementAGREEMENT. However, in the unlikely eventuality that the Corporation determines that State funds are unavailable at any time during the duration of this AgreementAGREEMENT, this Agreement AGREEMENT may be terminated. The Corporation shall give timely written notice to the Sponsor in the event of termination under this paragraph. In the event of such termination the Corporation shall be obligated to pay the Sponsor only for expenditures made and obligations incurred by the Sponsor until such time as written notice of the termination is received by the Sponsor from the Corporation.