Common use of BUDGET REDUCTIONS Clause in Contracts

BUDGET REDUCTIONS. ‌ In the event that the Board adopts, in any fiscal year, a County Budget which provides for reductions in the salaries and benefits paid to the majority of County employees and imposes similar reductions with respect to County contracts, the County reserves the right to reduce its payment obligation under this Contract correspondingly for that fiscal year and any subsequent fiscal year during the Term of this Contract (including any extensions), and the Services to be provided by Contractor under this Contract will also be reduced correspondingly. The County’s notice to Contractor regarding said reduction in payment obligation will be provided within 30 Days of the Board’s approval of such actions. Except as set forth in the preceding sentence, Contractor must continue to provide all of the Services set forth in this Contract.

Appears in 1 contract

Samples: Assignment Agreement

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BUDGET REDUCTIONS. ‌ In the event that the County’s Board of Supervisors adopts, in any fiscal year, a County Budget which provides for reductions in the salaries and benefits paid to the majority of County employees and imposes similar reductions with respect to County contracts, the County reserves the right to reduce its payment obligation under this Contract correspondingly for that fiscal year and any subsequent fiscal year during the Term term of this Contract (including any extensions), and the Services to be provided by Contractor under this Contract will also be reduced correspondingly. The County’s notice to Contractor regarding said reduction in payment obligation will be provided within 30 Days of the Board’s approval of such actions. Except as set forth in the preceding sentence, Contractor must continue to provide all of the Services set forth in this Contract.

Appears in 1 contract

Samples: Sample Contract

BUDGET REDUCTIONS. ‌ In the event that the Board adopts, in any fiscal year, a County Budget which provides for reductions in the salaries and benefits paid to the majority of County employees and imposes similar reductions with respect to County contracts, the County reserves the right to reduce its payment obligation under this Contract correspondingly for that fiscal year and any subsequent fiscal year during the Term term of this Contract (including any extensions), and the Services services to be provided by Contractor under this Contract will also be reduced correspondingly. The County’s notice to the Contractor regarding said reduction in payment obligation will be provided within 30 Days of the Board’s approval of such actions. Except as set forth in the preceding sentence, the Contractor must continue to provide all of the Services services set forth in this Contract.

Appears in 1 contract

Samples: Armed and Unarmed Security Guard Services

BUDGET REDUCTIONS. ‌ In the event that the Board adopts, in any fiscal year, a County Budget which provides for reductions in the salaries and benefits paid to the majority of County employees and imposes similar reductions with respect to County contracts, the County reserves the right to reduce its payment obligation under this Contract correspondingly for that fiscal year and any subsequent fiscal year during the Term term of this Contract (including any extensions), and the Services to be provided by Contractor under this Contract will also be reduced correspondingly. The County’s notice to Contractor regarding said reduction in payment obligation will be provided within 30 Days of the Board’s approval of such actions. Except as set forth in the preceding sentence, Contractor must continue to provide all of the Services set forth in this Contract.

Appears in 1 contract

Samples: file.lacounty.gov

BUDGET REDUCTIONS. ‌ In the event that the Board adopts, in any fiscal yearFiscal Year, a County Budget which provides for reductions in the salaries and benefits paid to the majority of County employees and imposes similar reductions with respect to County contracts, the County reserves the right to reduce its payment obligation under this Contract Master Agreement correspondingly for that fiscal year Fiscal Year and any subsequent fiscal year Fiscal Year during the Term of this Contract Master Agreement (including any extensionsoption terms), and the Services to be provided by Contractor under this Contract Master Agreement will also be reduced correspondingly. The County’s notice to Contractor regarding said reduction in payment obligation obligations will be provided within 30 Days of the Board’s approval of such actions. Except as set forth in the preceding sentence, Contractor must continue to provide all of the Services set forth in this ContractMaster Agreement.

Appears in 1 contract

Samples: Master Agreement

BUDGET REDUCTIONS. In the event that the Board adopts, in any fiscal yearFiscal Year, a County Budget which provides for reductions in the salaries and benefits paid to the majority of County employees and imposes similar reductions with respect to County contracts, the County reserves the right to reduce its payment obligation under this Contract Master Agreement correspondingly for that fiscal year Fiscal Year and any subsequent fiscal year Fiscal Year during the Term of this Contract Master Agreement (including any extensionsoption terms), and the Services to be provided by Contractor under this Contract Master Agreement will also be reduced correspondingly. The County’s notice to Contractor regarding said reduction in payment obligation obligations will be provided within 30 Days of the Board’s approval of such actions. Except as set forth in the preceding sentence, Contractor must continue to provide all of the Services set forth in this ContractMaster Agreement.

Appears in 1 contract

Samples: Master Agreement

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BUDGET REDUCTIONS. In the event that the Board adopts, in any fiscal year, a County Budget which provides for reductions in the salaries and benefits paid to the majority of County employees and imposes similar reductions with respect to County contracts, the County reserves the right to reduce its payment obligation under this Contract correspondingly for that fiscal year and any subsequent fiscal year during the entire Term of this Contract (including any extensions), and the Services to be provided by Contractor under this Contract will may also be reduced correspondingly. The County’s notice to Contractor regarding said reduction in payment obligation will be provided within 30 Days of the Board’s approval of such actions. Except as set forth in the preceding sentence, Contractor must continue to provide all of the Services set forth in this Contract.

Appears in 1 contract

Samples: Assignment Agreement

BUDGET REDUCTIONS. In the event that the County’s Board of Supervisors 24 adopts, in any fiscal year, a County Budget which provides for reductions in the salaries and benefits paid to the majority of County employees and imposes similar reductions with respect to County contracts, 1 the County reserves the right to reduce its payment obligation under this Contract correspondingly Agreement to 2 implement such Board reductions for that fiscal year and any subsequent fiscal year during 3 the Term term of this Contract Agreement (including any extensions), and the Services work to be provided by the 4 Contractor under this Contract will Agreement shall also be reduced correspondingly. The County’s notice 5 to the Contractor regarding said reduction in payment obligation will shall be provided within 30 Days thirty 6 (30) calendar days of the Board’s approval of such actionsaction. Except as set forth in the 7 preceding sentence, the Contractor must shall continue to provide all of the Services work set forth in this Contract.this

Appears in 1 contract

Samples: Funding Agreement

BUDGET REDUCTIONS. In the event that the County’s Board of Supervisors adopts, in any fiscal year, a County Budget which provides for reductions in the salaries and benefits paid to the majority of County employees and imposes similar reductions with respect to County contracts, the County reserves the right to reduce its payment obligation under this Contract correspondingly Agreement to implement such Board reductions for that fiscal year and any subsequent fiscal year during the Term term of this Contract Agreement (including any extensions), and the Services work to be provided by the Contractor under this Contract will Agreement shall also be reduced correspondingly. The County’s notice to the Contractor regarding said reduction in payment obligation will shall be provided within 30 Days thirty (30) calendar days of the Board’s approval of such actionsaction. Except as set forth in the preceding sentence, the Contractor must shall continue to provide all of the Services work set forth in this ContractAgreement.

Appears in 1 contract

Samples: Funding Agreement

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