PFI Schools definition
Examples of PFI Schools in a sentence
The parties agree that, in relation to schools other than the PFI Schools, clause 2.3 shall apply.
For the purposes of this Clause 18 the PFI Schools are the schools referred to in Recital C together with any successor schools or academies.
Further, the DFE: confirms that it shall maintain full revenue support to the Authority for the term of the Project Agreement in accordance with the terms of the Promissory Note; and intends that schools, other than the PFI Schools, maintained by the Authority should not be adversely affected financially by the School's status as an academy rather than a school maintained by the Authority whether initially, on an on-going basis, or in the event of any future closure of the School.
The parties acknowledge that neither the Authority nor any of the PFI Schools should suffer, in connection with the Project Agreement, any adverse consequences arising out of the School's status as an academy rather than a school maintained by the Authority and that the aim of this Agreement is to avoid or, if that is not practicable, to mitigate any such effects.
The Parties agree that, in relation to schools other than the PFI Schools, clause 2.3 shall apply.