NON-ALLOCATION OF OR INSUFFICIENT ALLOCATED FUNDS Sample Clauses

NON-ALLOCATION OF OR INSUFFICIENT ALLOCATED FUNDS. Upon written notice to Contractor, FCSS may terminate this Master Contract effective on the date stated in FCSS’ notice if, during the Master Contract Term, FCSS and/or other government agencies and/or grant or funding entities from whom FCSS or a School District receives or is to receive funds to pay for the Site Contracts or Tutoring Services Orders entered into pursuant to this Master Contract: (1) reduce or eliminate some or all funds to make each such payment, (2) fail to or determine not to appropriate or allocate funds for future payments, or (3) fail or determine not to allocate funds in an amount sufficient to make future payments.
AutoNDA by SimpleDocs
NON-ALLOCATION OF OR INSUFFICIENT ALLOCATED FUNDS. Notwithstanding any provision in this Agreement to the contrary, if for any fiscal year of this Agreement, District’s governing board, or other government agencies from whom District is to receive funds to pay for this Agreement, fails, after exercising reasonable efforts, to appropriate or allocate funds, or the amount of the funds allocated are insufficient, for future periodic payments under this Agreement, District may, upon thirty (30) days written notice to Contractor, order Contractor to cease the Work and terminate this Agreement. District will remain obligated to pay Contractor for any Work Contractor performed before the effective termination date but shall not be obligated to pay Contractor the balance unpaid on this Agreement after the effective termination date.

Related to NON-ALLOCATION OF OR INSUFFICIENT ALLOCATED FUNDS

  • Gross Income Allocation If any Partner has a deficit Capital Account at the end of any Fiscal Year which is in excess of the sum of (i) the amount such Partner is obligated to restore, if any, pursuant to any provision of this Agreement, and (ii) the amount such Partner is deemed to be obligated to restore pursuant to the penultimate sentences of Treasury Regulations Section 1.704-2(g)(1) and 1.704-2(i)(5), each such Partner shall be specially allocated items of Partnership income and gain in the amount of such excess as quickly as possible; provided that an allocation pursuant to this Section 5.05(c) shall be made only if and to the extent that a Partner would have a deficit Capital Account in excess of such sum after all other allocations provided for in this Article V have been tentatively made as if Section 5.05(b) and this Section 5.05(c) were not in this Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.