Disposition of Academy Assets Upon Termination or Revocation of Contract Clause Samples

Disposition of Academy Assets Upon Termination or Revocation of Contract. Following termination or revocation of the Contract, the Academy shall follow the applicable wind-up and dissolution provisions set forth in the Academy’s articles of incorporation, Part 6A of the Code, and Applicable Law.
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Disposition of Academy Assets Upon Termination or Revocation of Contract. Following termination or revocation of the Contract, the Academy shall follow the applicable wind-up and dissolution provisions set forth in the Academy’s articles of incorporation and in accordance with Applicable Law. Public School Academy / School of Excellence Master Calendar of Reporting Requirements July 1, 2016 – June 30, 2017 DUE DATE REPORT DESCRIPTION SUBMIT TO: July 1 Board Adopted 2016-2017 School Calendar/School Day Schedule. CSO July 1 Board Adopted Annual Operating Budget for the General Fund and School Service Fund for 2016-2017. CSO July 1 Copy of Notice of Public Hearing for Annual Operating Budget for 2016-2017. CSO July 1 Copy of Parent Satisfaction Survey and Results from 2015-2016, if applicable. CSO July 25 DS-4168 Report of Days and Clock Hours of Pupil Instruction for 2015- 2016 academic year, if applicable (See MDE website, ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇, for MDE due date and form). CSO August 3 Annual Organizational Meeting Minutes for 2016-2017. CSO August 3 Board Resolution appointing Chief Administrative Officer for 2016- 2017. CSO August 3 Board Resolution appointing Freedom of Information Act Coordinator for 2016-2017. CSO August 3 Board Designated Legal Counsel for 2016-2017. CSO August 3 Board adopted Annual Calendar of Regularly Scheduled Meetings for 2016-2017. CSO August 20 Annual Education Report 2015-2016 academic year to be submitted and presented at a public meeting. CSO August 29 4th Quarter Financial Statements – quarter ending 06/30. CSO September 6 Organizational Chart for 2016-2017. CSO September 6 Board approved Student Handbook 2016-2017. CSO September 6 Board approved Employee Handbook 2016-2017. CSO September 6 Copy of School Improvement Plan covering 2016-2017 academic year. CSO September 6 School Information Update- See Epicenter Task for template CSO October 3 Completed PSA Insurance Questionnaires. Required forms available at ▇▇▇.▇▇▇▇.▇▇▇/▇▇▇ CSO October 3 Staff Roster (GVSU Format) CSO October 3 Annual Nonprofit Corporation Information Update for 2016. CSO October 10 Unaudited Count Day Submission. CSO October 10 Criminal History Record Registration- New Schools CSO October 12 DS-4898 PSA Preliminary Pupil Membership Count for September 2016 Enrollment and Attendance for 1st & 2nd Year PSAs and Academies who added grade levels. (See MDE website, ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇ for MDE due date). CSO October 28 Audited Financial Statements for fiscal year ending June 30, 2016. (See MDE Website, ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇, for MDE...
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Related to Disposition of Academy Assets Upon Termination or Revocation of Contract

  • Retention or Repurchase of Assets Essential to Receiver (a) The Receiver may refuse to sell to the Assuming Institution, or the Assuming Institution agrees, at the request of the Receiver set forth in a written notice to the Assuming Institution, to assign, transfer, convey, and deliver to the Receiver all of the Assuming Institution's right, title and interest in and to, any Asset or asset essential to the Receiver as determined by the Receiver in its discretion (together with all Credit Documents evidencing or pertaining thereto), which may include any Asset or asset that the Receiver determines to be: (i) made to an officer, director, or other Person engaging in the affairs of the Failed Bank, its Subsidiaries or Affiliates or any related entities of any of the foregoing; (ii) the subject of any investigation relating to any claim with respect to any item described in Section 3.5(a) or (b), or the subject of, or potentially the subject of, any legal proceedings; (iii) made to a Person who is an Obligor on a loan owned by the Receiver or the Corporation in its corporate capacity or its capacity as receiver of any institution; (iv) secured by collateral which also secures any asset owned by the Receiver; or (v) related to any asset of the Failed Bank not purchased by the Assuming Institution under this Article III or any liability of the Failed Bank not assumed by the Assuming Institution under Article II. (b) Each such Asset or asset purchased by the Receiver shall be purchased at a price equal to the Repurchase Price thereof less the Related Liability Amount with respect to any Related Liabilities related to such Asset or asset, in each case determined as of the date of the notice provided by the Receiver pursuant to Section 3.6(a). The Receiver shall pay the Assuming Institution not later than the twentieth (20th) Business Day following receipt of related Credit Documents and Credit Files together with interest on such amount at the Settlement Interest Rate for the period from and including the date of receipt of such documents to and including the day preceding the day on which payment is made. The Assuming Institution agrees to administer and manage each such Asset or asset in accordance with usual and prudent banking standards and business practices until each such Asset or asset is purchased by the Receiver. All transfers with respect to Asset or assets under this Section 3.6 shall be made as provided in Section 9.6. The Assuming Institution shall transfer all such Asset or assets and Related Liabilities to the Receiver without recourse, and shall indemnify the Receiver against any and all claims of any Person claiming by, through or under the Assuming Institution with respect to any such Asset or asset, as provided in Section 12.4.

  • Complete Disposal Upon Termination of Service Agreement Upon Termination of the Service Agreement Provider shall dispose or delete all Student Data obtained under the Service Agreement. Prior to disposition of the data, Provider shall notify LEA in writing of its option to transfer data to a separate account, pursuant to Article II, section 3, above. In no event shall Provider dispose of data pursuant to this provision unless and until Provider has received affirmative written confirmation from LEA that data will not be transferred to a separate account.

  • Termination of Contract for Cause 5.1.1 If A-E breaches any of the covenants or conditions of this CONTRACT, COUNTY shall have the right to terminate this CONTRACT upon ten (10) days written notice prior to the effective day of termination. 5.1.2 A-E shall have the opportunity to cure the alleged breach prior to termination. 5.1.3 In the event the alleged breach is not cured by A-E prior to termination, all work performed by A-E pursuant to this CONTRACT, which work has been reduced to plans or other documents, shall be made available to COUNTY.

  • Termination of Contract The Department may terminate the Contract for refusal by the Contractor to comply with this section by not allowing access to all public records, as defined in Chapter 119, F. S., made or received by the Contractor in conjunction with the Contract.

  • Action upon Termination or Removal Promptly upon the effective date of termination of this Agreement pursuant to Section 8, or the removal or resignation of the Administrator pursuant to Section 8, the Administrator shall be entitled to be paid by the Servicer all fees accruing to it to the date of such termination or removal.