Common use of Limitation of Duties Clause in Contracts

Limitation of Duties. The Fiscal Agent has no responsibilities or duties to verify the Academy's pupil membership count, as defined in the State School Aid Act of 1979, as amended, or to authorize, to approve or to determine the accuracy of the State Aid School Payments received on behalf of the Academy from the State Treasurer. The duties of the Fiscal Agent are limited to the receipt and transfer to the Academy of State School Aid Payments and Other Funds received by the University Board on behalf of the Academy. The Fiscal Agent shall have no duty to monitor or approve expenditures made by the Academy Board.

Appears in 4 contracts

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

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Limitation of Duties. The Fiscal Agent has no responsibilities or duties to verify the Academy's pupil membership count, as defined in the State School Aid Act of 1979, as amended, or to authorize, to approve or to determine the accuracy of the State School Aid School Payments received on behalf of the Academy from the State Treasurer. The duties of the Fiscal Agent are limited to the receipt and transfer to the Academy of State School Aid Payments and Other Funds received by the University Board on behalf of the Academy. The Fiscal Agent shall have no duty to monitor or approve expenditures made by the Academy Board.

Appears in 2 contracts

Samples: Fiscal Agent Agreement, Contract Terms and Conditions

Limitation of Duties. The Fiscal Agent has no responsibilities or duties to verify verity the Academy's pupil membership count, as defined in the State School Aid Act of 1979, as amended, or to authorize, to approve or to determine the accuracy of the State School Aid School Payments received on behalf of the Academy from the State Treasurer. The duties of the Fiscal Agent are limited to the receipt and transfer to the Academy of State School Aid Payments and Other Funds received by the University Board on behalf of the Academy. The Fiscal Agent shall have no duty to monitor or approve expenditures made by the Academy Board.

Appears in 1 contract

Samples: Fiscal Agent Agreement

Limitation of Duties. The Fiscal Agent has no responsibilities or duties to verify the Academy's System’s pupil membership count, as defined in the State School Aid Act of 1979, as amendedAct, or to authorize, to approve approve, or to determine the accuracy of the State School Aid School Payments received on behalf of the Academy System from the State Treasurer. The duties of the Fiscal Agent are limited to the receipt and transfer to the Academy System of State School Aid Payments and Other Funds of the System received by the University Board on behalf of the AcademySystem. The Fiscal Agent shall have no duty to monitor or approve expenditures made by the Academy System Board.

Appears in 1 contract

Samples: Management Services Agreement

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Limitation of Duties. The Fiscal Agent has no responsibilities or duties to verify the Academy's ’s pupil membership count, as defined in the State School Aid Act of 1979, as amended, or to authorize, to approve or to determine the accuracy of the State Aid School Payments payments received on behalf of the Academy from the State Treasurer. The duties of the Fiscal Agent are limited to the receipt and transfer to the Academy of State School Aid Payments and Other Funds received by the University Board on behalf of the Academy. The Fiscal Agent shall have no duty to monitor monitor, account for or approve expenditures made by the Academy Board.

Appears in 1 contract

Samples: Terms and Conditions

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