Examples of Master Funding Agreement in a sentence
Depending upon the severity of the breach, this may be considered a material breach of the terms of the funding agreement and lead to the termination of the Master Funding Agreement.
These delegated authorities shall be returned to the Trust providing that the terms set out in the Notice have been complied with and continue to be complied with, to the satisfaction of the Secretary of State.Perry Beeches The Academy Trust is required, pursuant to the provisions of the Academies Financial Handbook and the Master Funding Agreement, to comply with the terms of this Notice.
Pursuant to clause 38 of the Master Funding Agreement, the Secretary of State may, in his absolute discretion provide Capital Expenditure funding in accordance with any arrangements he considers appropriate.
Should it become evident that the Trust is unlikely to fulfil the requirements set out in this Notice or within the above timescales the EFA will begin to consider and explore the contractual intervention options available, including termination of the Master Funding Agreement.