Common use of State Funding Clause in Contracts

State Funding. (a) This Contract shall not be construed as creating any debt on behalf of the State of Texas or the GLO in violation of Article III, Section 49, of the Texas Constitution. The GLO’s obligations hereunder are subject to the availability of state funds. If adequate funds are not appropriated or become unavailable, the GLO may terminate this Contract. In that event, the Parties shall be discharged from further obligations, subject to the equitable settlement of their interests accrued up to the date of termination.

Appears in 28 contracts

Samples: Services Contract, Glo Contract, Services Contract

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State Funding. (a) This Contract shall not be construed as creating any debt on behalf of the State of Texas or and/or the GLO in violation of Article III, Section 49, of the Texas Constitution. The GLO’s In compliance with Article VIII, Section 6 of the Texas Constitution, all obligations of the GLO hereunder are subject to the availability of state funds. If adequate such funds are not appropriated or become unavailable, the GLO this Contract may terminate this Contract. In that event, be terminated and the Parties shall be discharged from further obligations, subject to the equitable settlement of their interests respective interests, accrued up to the date of termination.

Appears in 9 contracts

Samples: Project Cooperation Agreement, Project Cooperation Agreement, Project Cooperation Agreement

State Funding. (a) This Contract shall not be construed as creating any debt on behalf of the State of Texas or the GLO in violation of Article III, Section 49, of the Texas Constitution. The GLO’s obligations hereunder are subject to the availability of state funds. If adequate funds are not appropriated or become unavailable, the GLO may terminate this Contract. In that event, the Parties shall be discharged from further obligations, subject to the equitable settlement of their interests interests, accrued up to the date of termination.

Appears in 4 contracts

Samples: Professional Services Contract, Professional Services Contract, Professional Services Contract

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State Funding. (a) This Contract shall not be construed as creating any debt on behalf of the State of Texas or the GLO in violation of Article III, Section 49, of the Texas Constitution. The GLO’s obligations hereunder are subject to the availability of state funds. If adequate funds are not appropriated or become unavailable, the GLO may terminate this Contract and any Job Order issued under this Contract. In that event, the Parties shall be discharged from further obligations, subject to the equitable settlement of their interests accrued up to the date of termination.

Appears in 1 contract

Samples: Construction Services

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