Common use of PROVIDED Clause in Contracts

PROVIDED. The Grantee understands and agrees that the Lancaster County Visitors Promotion Fund (“Promotion Fund”) is the sole source of payment of Xxxxxxx’s claim(s) for Grant Funds pursuant to this Grant Contract. Xxxxxxx’s claim(s) shall not be paid from the Lancaster County General Fund, or from any other Lancaster County Fund. If for any reason the amount of funds in the Promotion Fund shall be insufficient to meet all obligations of the Promotion Fund, then the Sponsor, in its sole and absolute discretion, will determine the amount of Grant Funds, if any, that can be paid to the Grantee based on the amount of the funds available in the Promotion Fund, until sufficient funds in the Promotion Fund become available to pay Xxxxxxx’s claim(s) for Grant Funds in full, and the Parties agree that no interest on the amount of such claim(s) shall be due or owing from Sponsor to Grantee as a result of any such delay in Sponsor’s payment of Xxxxxxx’s claim(s), whether such claim(s) be considered liquidated or unliquidated. Xxxxxxx agrees that Xxxxxxx has no reasonable expectation of payment of any kind from any other source except the Promotion Fund.

Appears in 5 contracts

Samples: Grant Contract, Grant Contract, Grant Contract

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PROVIDED. The Grantee understands and agrees that the Lancaster County Visitors Promotion Fund (“Promotion Fund”) is the sole source of payment of XxxxxxxGrantee’s claim(s) for Grant Funds pursuant to this Grant Contract. XxxxxxxGrantee’s claim(s) shall not be paid from the Lancaster County General Fund, or from any other Lancaster County Fund. If for any reason the amount of funds in the Promotion Fund shall be insufficient to meet all obligations of the Promotion Fund, then the Sponsor, in its sole and absolute discretion, will determine the amount of Grant Funds, if any, that can be paid to the Grantee based on the amount of the funds available in the Promotion Fund, until sufficient funds in the Promotion Fund become available to pay XxxxxxxGrantee’s claim(s) for Grant Funds in full, and the Parties agree that no interest on the amount of such claim(s) shall be due or owing from Sponsor to Grantee as a result of any such delay in Sponsor’s payment of XxxxxxxGrantee’s claim(s), whether such claim(s) be considered liquidated or unliquidated. Xxxxxxx Grantee agrees that Xxxxxxx Grantee has no reasonable expectation of payment of any kind from any other source except the Promotion Fund.

Appears in 3 contracts

Samples: Grant Contract, Grant Contract, Grant Contract

PROVIDED. The Grantee understands and agrees that the Lancaster County Visitors Promotion Fund (“Promotion Fund”) is the sole source of payment of Xxxxxxx’s claim(s) for Grant Funds pursuant to this Grant Contract. Xxxxxxx’s claim(s) shall not be paid from the Lancaster County General Fund, or from any other Lancaster County Fund. If for any reason the amount of funds in the Promotion Fund shall be insufficient to meet all obligations of the Promotion Fund, then the Sponsor, in its sole and absolute discretion, will determine the amount of Grant Funds, if any, that can be paid to the Grantee based on the amount of the funds available in the Promotion Fund, until sufficient funds in the Promotion Fund become available to pay XxxxxxxGrantee’s claim(s) for Grant Funds in full, and the Parties agree that no interest on the amount of such claim(s) shall be due or owing from Sponsor to Grantee as a result of any such delay in Sponsor’s payment of Xxxxxxx’s claim(s), whether such claim(s) be considered liquidated or unliquidated. Xxxxxxx agrees that Xxxxxxx Grantee has no reasonable expectation of payment of any kind from any other source except the Promotion Fund.

Appears in 1 contract

Samples: Grant Contract

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PROVIDED. The Grantee understands and agrees that the Lancaster County Visitors Promotion Fund (“Promotion Fund”) is the sole source of payment of Xxxxxxx’s Grantee's claim(s) for Grant Funds pursuant to this Grant Contract. Xxxxxxx’s Grantee's claim(s) shall not be paid from the Lancaster County General Fund, or from any other Lancaster County Fund. If for any reason the amount of funds in the Promotion Fund shall be insufficient to meet all obligations of the Promotion Fund, then the Sponsor, in its sole and absolute discretion, will determine the amount of Grant Funds, if any, that can be paid to the Grantee based on the amount of the funds available in the Promotion Fund, until sufficient funds in the Promotion Fund become available to pay Xxxxxxx’s Grantee's claim(s) for Grant Funds in full, and the Parties agree that no interest on the amount of such claim(s) shall be due or owing from Sponsor to Grantee as a result of any such delay in Sponsor’s 's payment of Xxxxxxx’s Grantee's claim(s), whether such claim(s) be considered liquidated or unliquidated. Xxxxxxx Grantee agrees that Xxxxxxx Grantee has no reasonable expectation of payment of any kind from any other source except the Promotion Fund.

Appears in 1 contract

Samples: Grant Contract

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