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. 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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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. 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. 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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Related to School Funding

  • 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.

  • 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:

  • Research Funding Genocea shall pay to Isconova in total [* * *] payable as follows: (i) $[* * *] in equal monthly installments for each remaining month in 2009 following the Effective Date and (ii) $[* * *] in equal monthly installments during the period from January 1, 2010 until March 31, 2012. The Research Funding shall be used solely for the performance of activities under the Research and Phase 1 Supply Plan and the Development and Scale-Up Plan and, for the avoidance of doubt, solely to fund Development and research activities for human (and not veterinary) applications in accordance with such Research and Phase 1 Supply Plan and Development and Scale-Up Plan. Notwithstanding anything to the contrary above, the Parties agree that this restriction shall only apply to the allocation and use of the Research Funding as such, and shall not be construed as limiting or affecting the ownership of any Isconova Technology and Joint Technology created, conceived, reduced to practice or Invented hereunder. Isconova’s ownership and/or rights to the Isconova Technology and Joint Technology shall exclusively be governed by the provisions in Section 3.3. and Isconova’s use of the Isconova Technology and Joint Technology shall be subject only to the licenses granted to Genocea in Sections 3.1.1 through 3.1.3. Isconova shall during the Research Term allocate not less than two (2) dedicated FTEs for Isconova’s research work for Genocea hereunder and each such dedicated FTE shall be paid through Research Funding. During the Research Term, Isconova shall, within fifteen (15) days after the end of each month, deliver to Genocea a report setting forth the number of Isconova FTEs that worked on activities under the Development and Scale-Up Plan and the Research and Phase 1 Supply Plan, as well as other costs and expenses of Isconova evidencing recourses spent on Isconova’s research work hereunder. Researching Funding THIS EXHIBIT HAS BEEN REDACTED AND IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST. REDACTED MATERIAL IS MARKED WITH [* * *] AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. payments shall be made within fifteen (15) days after the end of each calendar month.

  • Funding This Contract is subject to termination or cancellation, without penalty to System Agency, either in whole or in part, subject to the availability of state funds. System Agency is a state agency whose authority and appropriations are subject to actions of the Texas Legislature. If System Agency becomes subject to a legislative change, revocation of statutory authority, or lack of appropriated funds that would render either System Agency’s or Grantee’s delivery or performance under the Contract impossible or unnecessary, the Contract will be terminated or cancelled and be deemed null and void. In the event of a termination or cancellation under this Section, System Agency will not be liable to Grantee for any damages, that are caused or associated with such termination, or cancellation, and System Agency will not be required to give prior notice.

  • Additional Funding If the General Partner determines that it is in the best interests of the Partnership to provide for additional Partnership funds (“Additional Funds”) for any Partnership purpose, the General Partner may (i) cause the Partnership to obtain such funds from outside borrowings, or (ii) elect to have the General Partner or any of its Affiliates provide such Additional Funds to the Partnership through loans or otherwise.

  • Fund Administration Treasury Services a. Prepare for the review by designated officer(s) of the Trusts’ financial information that will be included in the Trusts’ semi-annual and annual shareholder reports (which shall also be subject to review by the Trusts’ legal counsel), and other quarterly reports (as mutually agreed upon), including tax footnote disclosures where applicable;

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