Common use of Standards Applied Clause in Contracts

Standards Applied. It is the State's intent to analyze 100% of the program warrants and EFT transactions for a three consecutive month period to develop average clearance patterns for the interest calculation. The dollar-weighted average day of clearance shall be determined as specified in Section 7.6 of this Agreement.

Appears in 2 contracts

Sources: Cash Management Improvement Act Agreement, Cash Management Improvement Act Agreement

Standards Applied. It As stated in Section 7.1 of this Agreement, it is the State's intent to analyze 100% of the program warrants and EFT transactions for a three consecutive month period to develop average clearance patterns for the interest calculation. The dollar-weighted average day of clearance shall be determined as specified in Section 7.6 of this Agreement.

Appears in 1 contract

Sources: Cash Management Improvement Act Agreement