Common use of Falls Far Below Target Clause in Contracts

Falls Far Below Target.  Upon further review following a preliminary Pending rating, the Commission identifies significant financial risk and has concerns about financial viability such that heightened monitoring and/or intervention are necessary. 1.b. Unrestricted Days Cash: Unrestricted Cash divided by ((Total Expenses-Depreciation Expenses)/365) Preliminary Rating Final Rating (Following Additional Analysis) Meets Target:  60 Days Cash or Meets Target:  Indicates sound financial viability based on the overall financial record. Either the school has already met the

Appears in 26 contracts

Samples: Public Charter School Contract, Public Charter School Contract, Public Charter School Contract

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Falls Far Below Target. 🞏 Upon further review following a preliminary Pending rating, the Commission identifies significant financial risk and has concerns about financial viability such that heightened monitoring and/or intervention are necessary. 1.b. Unrestricted Days Cash: Unrestricted Cash divided by ((Total Expenses-Depreciation Expenses)/365) Preliminary Rating Final Rating (Following Additional Analysis) Meets Target: 🞏 60 Days Cash or Meets Target: 🞏 Indicates sound financial viability based on the overall financial record. Either the school has already met the

Appears in 5 contracts

Samples: Public Charter School Contract, Public Charter School Contract, Public Charter School Contract

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