Common use of Holdback/Proration Clause in Contracts

Holdback/Proration. In the event of a state holdback or a proration 16 which changes District funding, the School’s funding will be adjusted 17 proportionately. The Sponsor will not be responsible for any liabilities 18 incurred by the School in the event of a state holdback.

Appears in 2 contracts

Sources: Charter School Contract, Charter School Contract

Holdback/Proration. In the event of a state holdback or a proration 16 22 which changes District funding, the School’s funding will be adjusted 17 23 proportionately. The Sponsor will not be responsible for any liabilities 18 24 incurred by the School in the event of a state holdback.

Appears in 1 contract

Sources: Charter School Contract