Northern Arizona University Sample Clauses

Northern Arizona University. Northern Arizona University will pay the lesser of $490,321 or fifty percent (50%) of the Route 10 Costs in FY2015. Payments shall be made to NAIPTA in equal installments no less frequently than quarterly, on or before the 15th day of each quarter (or month), commencing July 15, 2014. In regard to its financing obligations for the operation of the Project, Flagstaff is acting only in its capacity as administrator of Designated Transit Tax revenues.
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