Appropriations and Continuation of Charter Sample Clauses

The "Appropriations and Continuation of Charter" clause establishes the conditions under which a chartered entity may continue to operate, contingent upon the allocation of necessary funding. In practice, this clause typically requires that the entity's activities are subject to the availability of appropriated funds from a governing body, such as a legislature or board, and may specify that the charter remains in effect only as long as such appropriations are made. This ensures that the entity cannot operate without financial support, thereby preventing unfunded mandates and aligning the entity's existence with budgetary decisions.
Appropriations and Continuation of Charter. The terms of this Agreement are contingent upon sufficient appropriations and authorizations being made by the Legislature of New Mexico to School for the performance of this Agreement. If sufficient appropriations and authorizations are not made by the Legislature, this Agreement shall terminate immediately upon written notice being given by School to Contractor. School’s decision as to whether sufficient appropriations are available shall be accepted by Contractor and shall be final. If School proposes an amendment to the Agreement to unilaterally reduce funding, Contractor shall have the option to terminate the Agreement or agree to the reduced funding, within thirty
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Appropriations and Continuation of Charter 
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Related to Appropriations and Continuation of Charter

  • Continuation of Coverage If your coverage is terminated, you may be eligible to continue your coverage in accordance with state or federal law. In accordance with R.I. General Laws §. 27-19.1, if your employment is terminated due to one of the following reason, your healthcare coverage may be continued, provided that you continue to pay the applicable premiums. • Involuntary layoff or death; • The workplace ceasing to exist; or • Permanent reduction in size of the workforce. The period of this continuation will be for up to eighteen (18) months from your termination date, but not to exceed the period of continuous employment preceding termination with your employer. The continuation period will end for any person covered under your policy on the date the person becomes employed by another group and is eligible for benefits under that group’s plan.

  • CONTINUATION OF COMPANY In the event of an occurrence described in Section 1.04, if there is at least (1) one remaining Member, the remaining Member has the right to continue the business of the Company. The remaining Member’s successor, assignee, or transferee may continue the business of the Company, provided the successor, assignee, or transferee consents to the continuation in writing and submits any necessary filings to the office of the Secretary of State.

  • Certification of Funds; Budget and Fiscal Provisions; Termination in the Event of Non-Appropriation This Agreement is subject to the budget and fiscal provisions of the City’s Charter. Charges will accrue only after prior written authorization certified by the Controller, and the amount of City’s obligation hereunder shall not at any time exceed the amount certified for the purpose and period stated in such advance authorization. This Agreement will terminate without penalty, liability or expense of any kind to City at the end of any fiscal year if funds are not appropriated for the next succeeding fiscal year. If funds are appropriated for a portion of the fiscal year, this Agreement will terminate, without penalty, liability or expense of any kind at the end of the term for which funds are appropriated. City has no obligation to make appropriations for this Agreement in lieu of appropriations for new or other agreements. City budget decisions are subject to the discretion of the Mayor and the Board of Supervisors. Contractor’s assumption of risk of possible non-appropriation is part of the consideration for this Agreement. THIS SECTION CONTROLS AGAINST ANY AND ALL OTHER PROVISIONS OF THIS AGREEMENT.