Common use of Termination for Unavailability of Funds Clause in Contracts

Termination for Unavailability of Funds. In the event that federal and/or state funds to finance this Contract become unavailable after the effective date of this Contract, or prior to the anticipated contract expiration date, SCDHHS may terminate the Contract without penalty. This notification will be made in writing. Availability of funds shall be determined solely by SCDHHS.

Appears in 4 contracts

Sources: Managed Care Organization Contract Amendment, Contract for Medical Services, Contract for the Purchase and Provision of Services

Termination for Unavailability of Funds. In the event that federal and/or state funds to finance this Contract become unavailable after the effective date of this Contract, or prior to the anticipated contract expiration date, SCDHHS may terminate the Contract without penalty. This notification will be made in writing. Availability of funds shall be determined solely by SCDHHS▇▇▇▇▇▇.

Appears in 1 contract

Sources: Contract for Medical Services