Common use of Additional Revenue Clause in Contracts

Additional Revenue. The Parties acknowledge that IPS may receive additional revenue beyond state tuition dollars, including but not limited to proceeds from the school- funding referendum approved by voters in the 2018 election, during the term of the Agreement. Upon development of a distribution method to include Innovation Schools and/or Charter Schools in distribution of this additional revenue, and IPS Board approval of such method, CHA shall receive any additional funding in the same way and at the same time as other similarly situated Innovation Network Charter Schools.

Additional Revenue. The Parties acknowledge that IPS may receive additional revenue beyond state tuition dollars, including but not limited to proceeds from the school- school-funding referendum approved by voters in the 2018 election, during the term of the Agreement. Upon development of a distribution method to include Innovation Schools and/or Charter Schools in distribution of this additional revenue, and IPS Board approval of such method, CHA Operator shall receive any additional funding in the same way and at the same time as other similarly situated Innovation Network Charter Schools, but in any event within 30 days of the distribution method’s approval.