Common use of Non-Renewal, Revocation, or Expiration Clause in Contracts

Non-Renewal, Revocation, or Expiration. If the Charter is not renewed, is revoked, or expires: a. the Organizer shall follow the procedures set forth in the Charter School Closure Plan (hereinafter referred to as “Closure Plan”); b. the Organizer shall be responsible for winding down the operations of the Charter School, including payment of any and all debts, loans, liabilities (contingent or otherwise) and obligations incurred at any time by the Organizer in connection with the operation of the Charter School; under no circumstances, shall the City or the City's officers, employees, agents, or representatives, including the Sponsor and the City’s Charter School Board, or those acting on behalf of the City's officers, employees, agents and representatives, be responsible for such obligations; and c. the Organizer shall cooperate with the Charter Schools Director to effect the orderly closing of the Charter School and shall comply with all applicable laws.

Non-Renewal, Revocation, or Expiration. If the Charter is not renewed, is revoked, or expires: a. the Organizer shall follow the procedures set forth in the Charter School Closure Plan (hereinafter referred to as “Closure Plan”); b. the Organizer shall be responsible for winding down the operations of the Charter School, including payment of any and all debts, loans, liabilities (contingent or otherwise) and obligations incurred at any time by the Organizer in connection with the operation of the Charter School; under no circumstances, shall the City or the City's officers, employees, agents, or representatives, including the Sponsor and the City’s 's Charter School Board, or those acting on behalf of the City's officers, employees, agents and representatives, be responsible for such obligations; and c. the Organizer shall cooperate with the Charter Schools Director to effect the orderly closing of the Charter School and shall comply with all applicable laws.