Common use of Activity budget Clause in Contracts

Activity budget. EDUCATIONAL PARTNER shall prepare a projected or preliminary activity budget in a reasonable time frame prior to the activity date and shall deliver such projected Activity budget to DUKE. DUKE acknowledges that the preliminary activity budget is for budgetary and feasibility purposes only and is not an assurance of gain or loss to be realized by the activity. EDUCATIONAL PARTNER shall prepare a final activity reconciliation detailing actual income and expenses within 60 days following the conclusion of the activity date and shall deliver such projected Activity budget to DUKE. After Activity completion or for cause at any point and in compliance with the terms of this Agreement, including preservation of the independence of the Activity, DUKE shall have the right to require EDUCATIONAL PARTNER to submit copies of all contracts, documents, correspondence, account and expense records, and any other documentation, which relate to the Activity.

Activity budget. EDUCATIONAL PARTNER shall prepare a projected or preliminary activity budget in a reasonable time frame prior to the activity date and shall deliver such projected Activity budget to DUKE. DUKE ▇▇▇▇ acknowledges that the preliminary activity budget is for budgetary and feasibility purposes only and is not an assurance of gain or loss to be realized by the activity. EDUCATIONAL PARTNER shall prepare a final activity reconciliation detailing actual income and expenses within 60 days following the conclusion of the activity date and shall deliver such projected Activity budget to DUKE. After Activity completion or for cause at any point and in compliance with the terms of this Agreement, including preservation of the independence of the Activity, DUKE shall have the right to require EDUCATIONAL PARTNER to submit copies of all contracts, documents, correspondence, account and expense records, and any other documentation, which relate to the Activity.