Common use of DISPOSITION OF NET EARNINGS Clause in Contracts

DISPOSITION OF NET EARNINGS. Auxiliary agrees to comply with CSU and Campus policy on expenditure of funds including, but not limited to, CSU guidelines for the disposition of revenues in excess of expenses and CSU policies on maintaining appropriate reserves. Cal. Educ. Code §89904; Executive Order 1059.

Appears in 15 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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DISPOSITION OF NET EARNINGS. Auxiliary agrees to comply with CSU and Campus policy on expenditure of funds including, but not limited to, CSU guidelines for the disposition of revenues in excess of expenses and CSU policies on maintaining appropriate reserves. Cal. Educ. Code §89904; Executive Order 1059.

Appears in 1 contract

Samples: Operating Agreement

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