Common use of Bank Transfer Information Clause in Contracts

Bank Transfer Information. The School shall submit a bank information form, which will provide all necessary information for the School’s bank account where payments from the Sponsor will be deposited. The bank account must be in the same legal name of the School, and the bank information form must be signed by the active governing board chair of the School. The Sponsor shall not send payments to a trust account or to any bank account other than the one held and controlled by the School.

Appears in 15 contracts

Samples: Charter School Renewal Contract, Charter School Renewal Contract, Charter Contract

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Bank Transfer Information. The School shall submit a bank information form, form 1 which will provide all necessary information for the School’s bank account where 2 payments from the Sponsor will be deposited. The bank account must be in the 3 same legal name of the School, and the bank information form must be signed by 4 the active governing board Governing Board chair of the Schoolschool. The Sponsor shall not send 5 payments to a trust account or to any bank account other than the one held and 6 controlled by the School.

Appears in 1 contract

Samples: Charter School Contract

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Bank Transfer Information. The School shall submit a bank information form, form 5 which will provide all necessary information for the School’s bank account where 6 payments from the Sponsor will be deposited. The bank account must be in the 7 same legal name of the School, and the bank information form must be signed by 8 the active governing board Governing Board chair of the Schoolschool. The Sponsor shall not send 9 payments to a trust account or to any bank account other than the one held and 10 controlled by the School.

Appears in 1 contract

Samples: Charter School Contract

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