Common use of Grounds for Revocation Clause in Contracts

Grounds for Revocation. As provided for in Tenn. Code ▇▇▇. § ▇▇-▇▇-▇▇▇, AUTHORIZER may move to revoke this Agreement and the Charter of CHARTER SCHOOL in the event AUTHORIZER determines CHARTER SCHOOL: i. Has been identified by the State Department of Education as a priority school, as defined by the state’s accountability system pursuant to Tenn. Code ▇▇▇. §49-1- 602; ii. Committed a material violation of any of the terms, conditions, standards, or procedures set forth in this Agreement; iii. Failure to operate in a manner that minimizes the health and safety risks to students enrolled in the CHARTER SCHOOL, employees and others, including, without limitation, the failure to comply with all applicable federal or state laws addressing the reporting of child abuse, accident prevention and disaster response, and any state regulations governing the operation of school facilities; iv. Failed to meet generally accepted standards of fiscal management; or v. Failure of the CHARTER SCHOOL to comply with any other provision of the Charter School Act of 2002, as amended, which may deemed a material violation. Other than for (i) above for which revocation shall take effect immediately following the close of the school year after the CHARTER SCHOOL is so identified as a priority school, if AUTHORIZER determines that any of the aforementioned grounds for revocation exist, or that other grounds exist for revocation of this Agreement and the Charter granted hereby, AUTHORIZER may issue a Notice of Cause pursuant to the provisions of Section 4 of this Exhibit E and institute revocation proceedings according to the procedures set forth in Section 5 of this Exhibit E. Except as specified in Section 3 of this Exhibit E herein and in the Agreement, a decision by AUTHORIZER to revoke this Agreement and the Charter granted hereby shall become effective at the close of the then current academic year.