Description of Joint Financing Arrangement Clause Samples

The Description of Joint Financing Arrangement clause defines the terms and structure of how multiple parties will collectively fund a project or venture. It typically outlines the proportion of financial contributions each party is responsible for, the timing and method of payments, and any conditions or triggers for additional funding. By clearly specifying these details, the clause ensures all parties understand their financial obligations and helps prevent disputes over funding responsibilities during the course of the arrangement.
Description of Joint Financing Arrangement. Capital Investment CAPITAL MAINTENANCE ACCOUNT YEARLY CONTRIBUTION Large Size District >6,000 ● Bellingham School District $4,000 Moderate Size District >1,000 – 5,999 ● ▇▇▇▇▇▇ School District ● Ferndale School District ● Lynden School District ● Meridian School District ● Mount Baker School District ● Nooksack Valley School District $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 Small Size District < 999 ● $2,000 YEARLY TOTAL $22,000 It is hereby mutually agreed that the Member Districts shall provide the necessary building facilities and equipment in accordance with an asset preservation program compliant with WAC ▇▇▇-▇▇▇-▇▇▇. Future capital improvements and major equipment purchases shall be financed according to a separate plan compliant with WAC ▇▇▇-▇▇▇-▇▇▇. CAPITAL MAINTENANCE ACCOUNT CONTRIBUTIONS BY CONSORTIUM DISTRICTS (per WAC 392-600-040)
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Description of Joint Financing Arrangement 
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Related to Description of Joint Financing Arrangement

  • Financing Agreement This Amendment shall constitute a Financing Agreement.

  • FINANCIAL AGREEMENT In addition to all of Institute of Healthcare, Inc academic standards and policies, I understand that The Institute of Healthcare is not currently recognized with institutional accreditation recognized by the United States Department of Education. Students are not able or eligible to participate in federal financial aid programs in association with the Institute of Healthcare, Inc. With that being said, the applicant will be withdrawn from the course for failure to meet financial obligation. “Prior to signing this enrollment agreement, you must be given a catalog or brochure and a School Performance Fact Sheet, which are encouraged to review prior to signing this agreement. These documents contain important policies and performance data for this institution. This institution is required to have you sign and date the information included in the School Performance Fact Sheet relating to completion rates placement rates, license examination passage rates, and salaries or wages, and the most recent three- year cohort default rate, if applicable, prior to signing this agreement. “As a prospective student, you are encouraged to review this catalog prior to signing an enrollment agreement. You are also encouraged to review the School Performance Fact Sheet, which must be provided to you prior to signing an enrollment agreement.” “I understand that this is a legally binding contract. My signature below certifies that I have read, understood, and agreed to my rights and responsibilities, and that the Institutions cancellation and refund policies have been clearly explained to me.” Applicant Signature Applicant Print Name Date Authorized Employee of Institute of Healthcare, Inc. Signature Print Title Date “NOTICE” “YOU MAY ASSERT AGAINST THE HOLDER OF THE PROMISSORY NOTE YOU SIGNED IN ORDER TO FINANCE THE COST OF THE EDUCATIONAL PROGRAM ALL OF THE CLAIMS AND DEFENSES THAT YOU COULD ASSERT AGAINST THIS INSTITUTION, UP TO THE AMOUNT YOU HAVE ALREADY PAID UNDER THE PROMISSORY NOTE.” TOTAL CHARGES FOR THE CURRENT PERIOD OF ATTENDANCE: $1,595.00 ESTIMATED TOTAL CHARGES FOR THE ENTIRE EDUCATIONAL PROGRAM: $1,595.00 SCHOOL PERFORMANCE FACT SHEET EMERGENCY MEDICAL TECHNICIAN PROGRAM: 4, 8 and 12 WEEK COURSES OFFERED 2018 N/A N/A N/A N/A 2019 N/A N/A N/A N/A Students Initials: Date: ▇▇▇▇ ▇/▇ ▇/▇ ▇/▇ ▇/▇ ▇/▇ 2019 N/A N/A N/A N/A N/A You may obtain from the institution a list of the employment positions determined to be in the field for which a student received education and training. Please request from Administration. 2018 N/A N/A N/A 2019 N/A N/A N/A 2018 N/A N/A N/A 2019 N/A N/A N/A 2018 N/A N/A 2019 N/A N/A 2018 N/A N/A 2019 N/A N/A Student’s Initials: Date: Initial only after you have had sufficient time to read and understand the information. License Examination Passage Rates (includes data for the two calendar years prior to reporting) ▇▇▇▇ ▇/▇ ▇/▇ ▇/▇ ▇/▇ ▇/▇ 2019 N/A N/A N/A N/A N/A Licensure examination passage data is not available from the state agency administering the examination. We are unable to collect data from graduates. Student’s Initials: Date: 2018 N/A N/A N/A N/A N/A N/A N/A 2019 N/A N/A N/A N/A N/A N/A N/A Student’s Initials: Date: