School Funding Sample Clauses

School Funding. ‌ The School will receive funding in accordance with the provisions of chapter 28A.710 RCW and associated rules and procedures.
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School Funding. BOARD will provide all funding the SCHOOL would normally receive, including entitlement funding available in all federal programs. BOARD will also ensure SCHOOL is included in applications for competitive grant funding as appropriate to its needs.
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School Funding. The District will provide all funding that the School would normally receive, including entitlement funding (e.g. Title I, Parts A, C, D; Title II, Part A; Title III; Title IV, Parts A and B; Title IX, Part A). The District will also ensure that the School is included in applications for competitive grant funding as appropriate to its needs.
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School Funding. Within thirty (30) days after Tenant pays its real and personal property taxes for 2011, and continuing for each calendar year thereafter during the Term of this Agreement (each, a “Tax Year”), but no later than January 31st of the following year, Landlord and Tenant shall determine the amount of real and personal property taxes that Tenant paid for the prior Tax Year, commencing with the 2011 Tax Year, for the benefit of the Xxxxxxx Place School District (the “Xxxxxxx District”) by applying the school district tax rate to the assessed value of the On-Site Project and all property thereon subject to personal property taxes (“Annual Xxxxxxx District Tax Revenue”). If the Annual Xxxxxxx District Tax Revenue is less than $4,300,000, then no later than March 31st of each calendar year after the previous Tax Year, Tenant shall pay Landlord, as Additional Rent, an amount which equals $4,300,000 less the Annual Xxxxxxx District Tax Revenue. Tenant shall have no obligation to make additional payments to Landlord under this Section 5(e) for any particular Tax Year if the Annual Xxxxxxx Tax Revenue for such Tax Year is equal to or greater than $4,300,000. If the Xxxxxxx District is consolidated with one or more school districts or is eliminated or otherwise ceases to function as a school district or as a taxing jurisdiction, and the real and/or personal property taxes paid by taxpayers for the benefit of the Xxxxxxx District (or its consolidated, reconfigured or replacement district as provided in this sentence) are reduced, the $4,300,000 amount by which Tenant’s payment obligation is determined shall be reduced accordingly. Tenant shall not receive credit against the above-described obligation for any taxes levied by taxing authorities that do not finance the Xxxxxxx District (or its consolidated, reconfigured or replacement district as provided in the preceding sentence) such as, by way of example only, the Special School District or the Community College District.” To the fullest extent permitted by law, the Landlord shall indemnify and hold harmless the Tenant from and against any claims against the Tenant, including interest, penalties and litigation expenses, from third parties, relating to the use by the Landlord of the rent paid by Tenant in accordance with Section 5(e) (“School Funding Damages”). In the event that the Landlord is unable under Missouri law to indemnify the Tenant for any School Funding Damages, Tenant may offset the amount of the School Fun...
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School Funding. Proposition 98, a constitutional amendment approved by the voters in 1988 and modified in 1990, establishes a minimum funding requirement for K-12 schools and community colleges, referred to as the minimum funding guarantee. The state meets the minimum guarantee through a combination of GF and local property tax revenues, as specified in the three main tests for calculating the guarantee. Each test takes into account certain inputs, including GF revenue, per capita personal income and student attendance. In Test 1 years, where schools receive a set percentage of state revenue, decreased property tax revenues are not backfilled by the state GF. If either Test 2 or Test 3 are operative, in which case the funding guarantee is based on prior year funding levels (including local property tax revenue) and other economic factors, the state GF must backfill any decreased property tax revenues for nonbasic aid districts. The LAO’s most recent forecasts predict Test 1 will be operative through fiscal year 2023- 24, with increased uncertainty in the latter part of the forecast period. These uncertainties are exacerbated by questions surrounding the COVID-19 pandemic and its impacts on projected economic recovery.
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School Funding. The District will make all necessary efforts to maintain funding under any applicable laws during a closure of any District facility due to the COVD-19 pandemic. The Association supports the District in its efforts to maintain funding in these efforts.
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School Funding. In the event the current foundation of school funding through property taxation and involving the funding formulas is significantly restructured by the action of the Texas Legislature passed during the term of this Agreement such that the property tax contribution is significantly reduced, at HISD’s option the parties agree to review and possibly amend the terms of this Agreement.
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School Funding. All Beacon Zone Schools shall be funded via a weighted student funding formula based on student need and in accordance with Board policy ADE and any subsequent updates to that policy. Funding structures will be aligned with the Denver Plan strategy of empowering schools through flexible, school-based decision-making, including the use of resources.
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Related to School Funding

  • Per-pupil Funding The School's non-facility general fund per-pupil funding shall be as defined in Sec. 302D-28, HRS. The Commission shall distribute the School's per-pupil allocation each fiscal year pursuant to Sec. 302D-28(f), HRS, and shall provide the School with the calculations used to determine the per-pupil amount each year. All funds distributed to the School from the Commission shall be used solely for the School's educational purposes as appropriated by the Legislature, and the School shall have discretion to determine how such funding shall be allocated at the school level to serve those purposes subject to applicable laws and this Contract.

  • Loan Funding The obligation of the Lender to close the transactions contemplated by this Agreement shall be subject to satisfaction of the following conditions, unless waived in writing by the Lender: (a) all legal matters and Loan Documents incident to the transactions contemplated hereby shall be reasonably satisfactory, in form and substance, to Lender's counsel; (b) the Lender shall have received (i) certificates by an authorized officer or representative of Borrower upon which the Lender may conclusively rely until superseded by similar certificates delivered to the Lender, certifying that (1) all requisite action taken in connection with the transactions contemplated hereby has been duly authorized and (2) the names, signatures, and authority of Borrower's authorized signers executing the Loan Documents, and (ii) such other documents as the Lender may reasonably require to be executed by, or delivered on behalf of, Borrower; (c) the Lender shall have received the Notes with all blanks appropriately completed, executed by an authorized signer for Borrower; (d) the Borrower shall have paid to the Lender the fee(s) then due and payable under this Agreement and the other Loan Documents; (e) Borrower and Guarantor shall each have maintained their respective financial condition in a manner satisfactory to the Lender, and no material adverse change shall have occurred in Borrower's or Guarantor's financial condition or prospects; (f) the Lender shall have received the written opinion(s) of legal counsel for the Borrower selected by the Borrower and satisfactory to the Lender, and covering the Loan Documents and such other matter(s) as the Lender may reasonably require; (g) the Lender shall have received written instructions by the Borrower with respect to disbursement of the proceeds of the Loan; and (h) the Lender shall have received all Security Instruments duly executed by all parties thereto.

  • Fiscal Funding Notwithstanding any other provision of this agreement, the parties hereto agree that the charges hereunder are payable to the Contractor by the District solely from appropriations received by District. In the event such appropriations are determined by the Chief Financial Officer/Comptroller of the District to no longer exist or to be insufficient with respect to the charges payable hereunder, this Agreement shall immediately terminate without further obligation to the District upon notice that such appropriations no longer exist and are insufficient. If this Agreement is so terminated, then the District shall only pay Contractor for goods and/or services provided by Contractor and accepted by the District up to, through, and including the date of termination. Following the termination of this Agreement under this Section, the parties’ duties to one another shall cease except for those obligations that shall survive the termination of this Agreement, including, but not limited to, the District’s payment obligations for goods and/or services accepted by the District before the date of termination, and the Contractor’s duties to insure and/or indemnify the District and to cooperate with any audit. Termination of this Agreement pursuant to this Section shall not limit either of the parties’ remedies for any breach of this Agreement.

  • Residential Funding Residential Funding Corporation, a Delaware corporation, in its capacity as seller of the Mortgage Loans to the Company and any successor thereto.

  • Initial Funding The obligation of the Lenders to make the Initial Funding is subject to the receipt by the Agent and the Lenders of all fees payable pursuant to Section 2.04 on or before the Closing Date and the receipt by the Agent of the following documents and satisfaction of the other conditions provided in this Section 6.01, each of which shall be satisfactory to the Agent in form and substance:

  • Program Funding Upon entry into force of this Compact in accordance with Section 7.3, MCC will grant to the Government, under the terms of this Compact, an amount not to exceed Four Hundred Xxxxx-Xxxx Xxxxxxx Xxxx Xxxxxxx Xxxxxxxx Xxxxxx Xxxxxx Dollars (US$459,500,000) (“Program Funding”) for use by the Government to implement the Program. The allocation of Program Funding is generally described in Annex II.

  • Formula Funding Funding equivalent to the level of funding which would be provided through the funding formula of the LA to a maintained school which had all of that Academy's relevant characteristics, including its number of pupils;

  • Research Funding Alnylam will fund 100% of the costs of conducting the Research Program in accordance with the Research Plan (collectively, the “Research Costs”) to the extent that such Research Costs are incurred under the Budget, including without limitation FTEs (whether employed by Isis or Alnylam) plus any out-of-pocket expenses specified in the Research Plan. By [***], 2009 with respect to the second Calendar Quarter of 2009 and thereafter within [***] Days following [***] each Calendar Quarter, Alnylam will pay Isis [***] for the Alnylam-funded Isis FTEs assigned to the Research Program for such Calendar Quarter (a prorated amount shall be payable for any portion of a Calendar Quarter). With respect to any work to be performed in support of the Research Program during the [***] days following the Restatement Date, if the Parties have not agreed on an initial Research Plan, then Alnylam will make [***] payments for such work based on [***] Isis FTEs. No later than [***] days following the end of each Calendar Quarter, Isis will provide Alnylam with a report of the number of FTEs actually assigned to the Research Program with a summary of the FTEs who performed under the Research Program (“Actual FTE Costs”) and a reasonably detailed accounting of all other Research Costs actually incurred by Isis during such Calendar Quarter (“Actual External Costs”). Alnylam shall not be responsible for any Research Costs incurred by Isis that exceed the [***] amount in the Budget for the work specified in the Research Plan to be conducted by Isis (“Excess Amount”), unless the RMC approves an amendment to the Budget to include such Excess Amount. Similarly, (i) Alnylam will promptly provide Isis a summary of the Alnylam FTEs who performed under the Research Program for a given Calendar Quarter and a reasonably detailed accounting of all other Research Costs actually incurred by Alnylam during such Calendar Quarter, and (ii) Research Costs incurred by Alnylam that exceed the total amount in the Budget for the work specified in the Research Plan to be conducted by Alnylam will not reduce the amounts committed in the Budget to fund Isis’ Research Costs. In addition, upon reasonable request, each Party shall provide the other Party with reasonable documentation of Research Costs incurred by such Party during the Research Term and shall grant the other Party reasonable audit rights consistent with the terms set forth in Section 9.3 in connection with such Research Costs.

  • Federal Funding For an Authorized User using Federal funds, Contractor shall cooperate in adding to the Authorized User’s Agreement any Federal funding contract clauses necessary for the Authorized User’s Project. An Authorized User shall identify to Contractor, as a condition of using this Contract and during the RFQ process, whether Federal funds will be utilized for the Project.

  • State Funding (a) This Contract shall not be construed as creating any debt on behalf of the State of Texas and/or the GLO in violation of Article III, Section 49, of the Texas Constitution. In compliance with Article VIII, Section 6, of the Texas Constitution, it is understood that all obligations of the GLO hereunder are subject to the availability of state funds. If such funds are not appropriated or become unavailable, the GLO may terminate this Contract. In that event, the Parties shall be discharged from further obligations, subject to the equitable settlement of their respective interests, accrued up to the date of termination.

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