Common use of Termination Upon Non-Appropriation Clause in Contracts

Termination Upon Non-Appropriation. Skyward acknowledges that this Agreement is a commitment of Licensee’s current revenues and that payment obligations of Licensee created by this Agreement are conditioned upon the availability of funds that are duly appropriated and allocated for the payment of goods and services under this Agreement. If such

Termination Upon Non-Appropriation. Skyward acknowledges that this Agreement is a commitment of Licensee’s current revenues and that payment obligations of Licensee created by this Agreement are conditioned upon the availability of funds that are duly appropriated and allocated for the payment of goods and services under this Agreement. If suchsuch funds are not appropriated and allocated by Licensee’s governing board, then this Agreement may be terminated by Licensee at the end of the fiscal period for which funds are appropriated and allocated. Licensee shall provide Skyward with prompt written notice of any such non-appropriation event.