Common use of Academy Funds Clause in Contracts

Academy Funds. The Board shall determine the depository institution of all funds received by the Academy. All funds received by the Academy shall be deposited in the Academy’s depository account. Signatories on the depository account shall be Board members and/or Board designated employees. All interest or investment earnings on Academy deposits shall accrue to the Academy. The Board shall pay its obligations under this Agreement on a consistent and timely basis.

Academy Funds. The Board shall determine the depository institution of all funds received by the Academy. All funds received by the Academy shall be initially deposited in the Academy’s 's depository account. Signatories on the depository account shall be current Board members and/or properly designated annually by Board designated employeesresolution. All interest or investment earnings on Academy deposits shall accrue to the Academy. The Board shall pay its obligations under this Agreement provide Academy funding on a consistent and timely basisbasis to Choice Schools in order that Choice Schools may fulfill its obligations under this Agreement.

Academy Funds. The Board shall determine the depository institution of all funds received by the Academy. All funds received by the Academy shall be initially deposited in the Academy’s depository account. Signatories on the depository account shall be current Board members and/or properly designated annually by Board designated employeesresolution. All interest income or investment earnings on Academy deposits shall accrue to the Academy. The Board shall pay its obligations under this Agreement provide Academy funding on a consistent and timely basisbasis to Choice to fulfill its obligations under this Agreement.

Academy Funds. The Board shall determine the depository institution of all funds received by the Academy. All funds received by the Academy shall be initially deposited in the Academy’s depository account. Signatories on the depository account shall be current Board members and/or Board designated employees. All interest or investment earnings on Academy deposits shall accrue to the Academy. The Board shall pay its obligations under this Agreement on a consistent and timely basis.members

Academy Funds. The Board shall determine the depository institution of all funds received by the Academy. All funds received by the Academy shall be deposited in the Academy’s depository account. Signatories on the depository account shall be members of the Board members and/or or individuals properly designated annually by Board designated employeesresolution. All interest or investment earnings on Academy deposits shall accrue to the Academy. The Board shall pay its obligations under this Agreement on a consistent and timely basis.

Academy Funds. The Board shall determine the depository institution of all funds received by the Academy. All funds received by the Academy shall be deposited in the Academy’s depository account. Signatories on the depository account shall be Board members and/or properly designated annually by Board designated employees. All interest or investment earnings on Academy deposits shall accrue to the Academy. The Board shall pay its obligations under this Agreement on a consistent and timely basisresolution.