Borrowing. Except as permitted in the Academies Financial Handbook, the Academy Trust must not borrow against Publicly Funded Assets, or so as to put Publicly Funded Assets at risk, without the Secretary of State’s consent.
Appears in 69 contracts
Samples: Single Funding Agreement, Single Funding Agreement, Funding Agreement
Borrowing. Except as permitted in the Academies Financial Handbook, the Academy Trust must not borrow against Publicly Funded Assets, or so as to put Publicly Funded Assets at risk, without the Secretary of State’s 's consent.
Appears in 2 contracts
Samples: Deed of Variation of Funding Agreement, Master Funding Agreement
Borrowing. Except as permitted in the Academies Financial Handbook, the Academy Trust must not borrow against Publicly Funded Assets, or so as to put Publicly Funded Assets at risk, without the Secretary of State’s consent.the
Appears in 1 contract
Samples: Single Funding Agreement