Borrowing. Except as permitted in the Academies Financial Handbook, the Academy Trust must not borrow against Publicly Funded Assets, or so as to put Publicly Funded Assets at risk, without the Secretary of State’s consent.
Appears in 74 contracts
Sources: Deed of Variation of Funding Agreement, Single Funding Agreement, Single Funding Agreement
Borrowing. Except as permitted in the Academies Financial Handbook, the Academy Trust must not borrow against Publicly Funded Assets, or so as to put Publicly Funded Assets at risk, without the Secretary of State’s 's consent.
Appears in 2 contracts
Sources: Deed of Variation of Funding Agreement, Master Funding Agreement
Borrowing. Except as permitted in the Academies Financial Handbook, the Academy Trust must not borrow against Publicly Funded Assets, or so as to put Publicly Funded Assets at risk, without the Secretary of State’s consent.the
Appears in 1 contract
Sources: Single Funding Agreement