Current Revenues. Under Texas law, a contract with a governmental entity that contains a claim against future revenues is void; therefore, each party paying for the performance of governmental functions or services must make those payments from current revenues available to the paying party.
Appears in 85 contracts
Sources: Agreement for Services and Goods, Construction Contract, Construction Services Agreement
Current Revenues. Under Texas law, a contract with a governmental entity that contains a claim against future revenues is void; therefore, each party paying for the performance of governmental functions or services must make those payments from current revenues available to the paying party.of
Appears in 13 contracts
Sources: Construction Services Agreement, Construction Agreement, Construction Contract