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Section 6.02. Limitations on City Obligations. The Grant Payments made and any <br />other financial obligation of the City hereunder shall be paid solely from lawfully available funds <br />that have been budgeted and appropriated each year during the Term by the City as provided in <br />this Agreement. Under no circumstances shall the City's obligations hereunder be deemed to <br />create any debt within the meaning of any constitutional or statutory provision. Consequently, <br />notwithstanding any other provision of this Agreement, the City shall have no obligation or <br />liability to pay any Grant Payments or other payments unless the City budgets and appropriates <br />funds to make such payments during the City's fiscal year in which such Grant Payment(s) or <br />other payments are payable under this Agreement. If the City fails to appropriate funds for a <br />Grant Payment, Corvac may, at its option, terminate this Agreement effective upon written <br />notice to the City. <br />Section 6.03. No Recourse. Corvac shall have no recourse against the City for the <br />City's failure to budget and appropriate funds during any fiscal year to meet the purposes and <br />satisfy its obligations under this Agreement. <br />ARTICLE VII <br />INFORMATION <br />Section 7.01. Information. Corvac shall, at such times and in such form as the City <br />may reasonably request from Corvac, provide information concerning the performance of <br />Corvac's obligations under this Agreement. <br />Section 7.02. Annual Certification Related to Jobs and Compliance With <br />Agreement. Beginning in the year 2015 and continuing each year thereafter during the Term, <br />Corvac shall submit to the City, on or before January 31, a certified statement acceptable to the <br />city manager of the City, signed by an authorized officer or employee of Corvac, providing the <br />following information: <br />