Common use of Third Installment Clause in Contracts

Third Installment. The amount of the Board’s third quarterly payment shall be calculated based upon the number of students enrolled at the Charter School on the tenth day of the second semester, as verified by attendance records, multiplied by one-quarter (.25) of the per capita tuition amount. The third quarterly payment shall be made within 10 business days of receipt of all of the information required in this paragraph.

Appears in 4 contracts

Samples: Charter School Agreement, Charter School Agreement, Charter School Agreement

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