Common use of Expenditure of Funds Clause in Contracts

Expenditure of Funds. The Academy may expend funds that it receives from the State School Aid Fund for any purpose permitted by the State School Aid Act of 1979 and may enter into contracts and agreements determined by the Academy as consistent with the purposes for which the funds were appropriated.

Appears in 4 contracts

Samples: Oversight Agreement, Oversight Agreement, www.emich.edu

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Expenditure of Funds. The Academy may expend funds that it receives from the State School Aid Fund for any purpose permitted by the State School Aid Act of 1979 and may enter into contracts and agreements determined by the Academy as Board to be consistent with the purposes for which the funds were appropriated.

Appears in 3 contracts

Samples: Contract Terms and Conditions, Fiscal Agent Agreement, Fiscal Agent Agreement

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