Capital Revenue Sample Clauses

Capital Revenue. The DRCS shall be entitled to at least two types of capital revenue based on number and grade groupings of attending students as described in Section 228.056, Florida Statutes, as amended: (1) DRS capital funds pursuant to Section 228.053(9)(e) and (f), Florida Statutes, and (2) charter schools capital outlay funds pursuant to Section 228.0561, Florida Statutes. These funds may be supplemented, but not supplanted, by donations, grants, and other financial sources. FSU shall receive the charter capital funds and applicable DRS capital funds from the DOE or BOR, as appropriate, and within 10 days of receipt shall transfer the total capital funds received to FSUS Inc., or its assignee as required by any capital financing arrangement, to service debt, remodel, renovate, or construct facilities as prescribed in applicable law, rule, or policy.
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Related to Capital Revenue

  • Minimum Revenue Borrower and its Subsidiaries shall have annual Revenue from sales of the Product (for each respective calendar year, the “Minimum Required Revenue”):

  • Gross Revenue 16.1.1 For the purposes of this PPP Agreement and its Schedules, Gross Revenue shall be defined as:

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