Common use of Cash Reserves Clause in Contracts

Cash Reserves. Charter School acknowledges that the recommended cash reserve is 5% of expenditures, as provided in section 15450, title 5 of the California Code of Regulations.

Appears in 10 contracts

Samples: Material Revision to Charter, Material Revision to Charter, Material Revision to the Charter

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Cash Reserves. Charter School acknowledges that the recommended cash reserve is 5% of expenditures, as provided in section 15450, title Title 5 of the California Code of Regulations.

Appears in 2 contracts

Samples: Material Revision to Charter, Material Revision to the Charters

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