Common use of CALCULATING THE AMOUNT OF LOSS OF REVENUES BY THE DISTRICT Clause in Contracts

CALCULATING THE AMOUNT OF LOSS OF REVENUES BY THE DISTRICT. Subject to the provisions of Sections 4.11 and 6.7, the amount to be paid by Applicant to compensate District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year starting in the year of the Application Approval Date and ending on the Final Termination Date (as set out in Exhibit 5), the “M&O Amount,” shall be determined in compliance with Applicable School Finance Law in effect for such year and according to the following formula: A. The M&O Amount owed by Applicant to District (also known as the revenue protection payment as set out in TEXAS EDUCATION CODE Section 48.256(d)) means the Original M&O Revenue minus the New M&O Revenue; based on the following definitions:

CALCULATING THE AMOUNT OF LOSS OF REVENUES BY THE DISTRICT. Subject to the provisions of Sections 4.11 4.10, 7.1 and 6.77.2, the amount to be paid by the Applicant to compensate the District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year starting in the year of the Application Approval Review Start Date and ending on the Final Termination Date (as set out in Exhibit 5), the “M&O Amount,” ”) shall be determined in compliance with the Applicable School Finance Law in effect for such year and according to the following formula: A. The Notwithstanding any other provision in this Agreement, the M&O Amount owed by the Applicant to the District (also known as the revenue protection payment as set out in TEXAS EDUCATION CODE Section 48.256(d)) means the Original M&O Revenue minus the New M&O Revenue; , based on the following definitions, where:

CALCULATING THE AMOUNT OF LOSS OF REVENUES BY THE DISTRICT. Subject only to the provisions of Sections 4.11 and 6.7Section 7.1 of this Agreement, the amount to be paid by Applicant to compensate District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year starting in the year of the Application Approval Review Start Date and ending on the Final Termination Date (as set out in Exhibit 5)Date, the “"M&O Amount,” " shall be determined in compliance with the Applicable School Finance Law in effect for such year and according to the following formula: A. The Notwithstanding any other provision in this Agreement, the M&O Amount owed by Applicant to District (also known as the revenue protection payment as set out in TEXAS EDUCATION CODE Section 48.256(d)) means the Original M&O Revenue minus the New M&O Revenue; based on the following definitionsdefinitions where: