Common use of State Budget Contingency Clause Clause in Contracts

State Budget Contingency Clause. It is mutually agreed that if the Budget Act of the current year and/or any subsequent years covered under this Agreement does not appropriate sufficient funds for the program, this Agreement shall be of no further force and effect. In this event, the State shall have no liability to pay any funds whatsoever to Contractor or to furnish any other considerations under this Agreement and Contractor shall not be obligated to perform any provisions of this Agreement. If funding for any fiscal year is reduced or deleted by the Budget Act for purposes of this program, the State shall have the option to either cancel this Agreement with no liability occurring to the State, or offer an agreement amendment to Contractor to reflect the reduced amount.

Appears in 3 contracts

Sources: Subgrant Agreement, Subgrant Agreement, Subgrant Agreement

State Budget Contingency Clause. A. It is mutually agreed that if the Budget Act of the current year and/or any subsequent years covered under this Agreement does not appropriate sufficient funds for the program, this Agreement shall be of no further force and effect. In this event, the State shall have no liability to pay any funds whatsoever to Contractor Vendor or to furnish any other considerations under this Agreement and Contractor Vendor shall not be obligated to perform any provisions of this Agreement. . B. If funding for any fiscal year is reduced or deleted by the Budget Act for purposes of this program, the State shall have the option to either cancel either: 1) Cancel this Agreement with no liability occurring to the State, or offer 2) Offer an agreement amendment Agreement Amendment to Contractor Vendor to reflect the reduced amount.

Appears in 1 contract

Sources: Request for Offer

State Budget Contingency Clause. It is mutually agreed that if the Budget Act of the current year and/or any subsequent years covered under this Agreement does not appropriate sufficient funds for the program, this Agreement shall be of no further force and effect. In this event, the State shall have no liability to pay any funds whatsoever to Contractor Subgrantee or to furnish any other considerations under this Agreement and Contractor Subgrantee shall not be obligated to perform any provisions of this Agreement. If funding for any fiscal year is reduced or deleted by the Budget Act for purposes of this program, the State shall have the option to either cancel this Agreement with no liability occurring to the State, or offer an agreement amendment to Contractor subgrantee to reflect the reduced amount.

Appears in 1 contract

Sources: Standard Agreement

State Budget Contingency Clause. It is mutually agreed that if the Budget Act of the current year and/or any subsequent years covered under this Agreement agreement does not appropriate sufficient funds for the program, this Agreement agreement shall be of no further force and effect. In this event, the State shall have no liability to pay any funds whatsoever to the Contractor or to furnish any other considerations under this Agreement agreement and the Contractor shall not be obligated to perform any provisions of this Agreementagreement. If funding for any fiscal year is reduced or deleted by the Budget Act for purposes of this program, the State shall have the option to either cancel this Agreement agreement with no liability occurring to the State, State or offer an agreement amendment to the Contractor to reflect the reduced amount.

Appears in 1 contract

Sources: Technology, Digital and Data Consulting Master Service Agreement (Msa)