Common use of Availability and Use of Funds Clause in Contracts

Availability and Use of Funds. The Firm understands and acknowledges that any and all payment of funds or the continuation thereof is contingent upon funds provided solely by ARRA or required state matching funds. Pursuant to Section 1604 of the ARRA, contractors agree not to undertake or make progress toward any activity using recovery funds that will lead to the development of such activity as casinos or other gambling establishments, aquariums, zoos, golf courses, swimming pools or any other activity specifically prohibited by the Recovery Act.

Appears in 35 contracts

Sources: Professional Services, Professional Services, Professional Services

Availability and Use of Funds. The Firm understands and acknowledges ·that any and all payment paym�nt of funds or the continuation thereof is contingent upon funds provided solely by ARRA or required state matching funds. Pursuant to Section 1604 Section1604 of the ARRA, contractors agree not to undertake or undertake.or make progress toward any activity using recovery funds that will lead to the development of such activity as casinos or other gambling establishments, aquariums, zoos, golf courses, swimming pools or any other activity specifically prohibited by the Recovery Act.Act \...

Appears in 1 contract

Sources: Contract for Professional Services