Common use of Continued Liability Clause in Contracts

Continued Liability. After a Participant withdraws or terminates, such withdrawing party shall be subject to assessment by the Authority to maintain the solvency of any program of the Authority for any year during which the party was a Participant, unless the coverage agreement otherwise provides.

Appears in 3 contracts

Samples: California Charter Schools Joint Powers Authority, California Charter Schools Joint Powers Authority, California Charter Schools

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Continued Liability. After a Participant withdraws or terminates, such withdrawing party shall be subject to assessment by the Authority to maintain the solvency of any program of the Authority for any year during which the party was a Participant, unless the coverage agreement otherwise provides.. PROGRAM ADMINISTRATOR

Appears in 1 contract

Samples: California Charter Schools Association Joint Powers Authority

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