Common use of Program Revenues Clause in Contracts

Program Revenues. For each of Seller's fiscal years ending on December 31, 1995, 1996 and 1997 none of the Schools have received greater than eighty-five percent (85%), and for each of Seller's fiscal years ending on December 31, 1998 and 1999 no greater than ninety percent (90%), of such School's respective revenues from programs authorized by Title IV or other federal student financial aid funds, and each of the Schools satisfies the requirements regarding Title IV program funds established by the DOE as set forth at 34 C.F.R. (S)600.5. The attached Schedule 5.23 contains a correct ------------- statement of Seller's percentage of revenue from such federal funding sources.

Program Revenues. For each of Seller's ’s fiscal years year ending on December 31, 19951999, 1996 and 1997 none of the Schools have received School did not receive greater than eighty-five percent (85%), and for each ) of Seller's fiscal years ending on December 31, 1998 and 1999 no greater than ninety percent (90%), of such School's respective its revenues from programs authorized by Title IV or other federal student financial aid funds, and each for Seller’s fiscal years ending on December 31, 2000, 2001, 2002 and 2003, no greater than ninety percent (90%), of the Schools School’s revenues from programs authorized by Title IV or other federal student financial aid funds, and the School satisfies the requirements regarding Title IV program funds established by the DOE as set forth at 34 C.F.R. (S)600.5§600.5. The attached Schedule 5.23 contains a correct ------------- statement of Seller's the School’s percentage of revenue from such federal funding sourcessources during each of such fiscal years.

Program Revenues. For each of Seller's fiscal years year ending on December 31, 19951998, 1996 and 1997 none of the Schools have received School did not receive greater than eighty-five percent (85%), and for each ) of Seller's fiscal years ending on December 31, 1998 and 1999 no greater than ninety percent (90%), of such School's respective its revenues from programs authorized by Title IV or other federal student financial aid funds, and each for Seller's fiscal years ending on December 31, 1999, 2000, 2001 and 2002, no greater than ninety percent (90%), of the Schools School's revenues from programs authorized by Title IV or other federal student financial aid funds, and the School satisfies the requirements regarding Title IV program funds established by the DOE as set forth at 34 C.F.R. (S)600.5Section 600.5. The attached Schedule 5.23 contains a correct ------------- statement of Sellerthe School's percentage of revenue from such federal funding sourcessources during each of such fiscal years.