Common use of Funding Priorities Clause in Contracts

Funding Priorities. At least annually, the University President will communicate to the Alumni Foundation CEO the University’s current private funding priorities. The University shall rely upon the Alumni Foundation, or its designee, to help assess the private funding feasibility of each. The Alumni Foundation shall diligently pursue the University’s funding priorities and shall avoid activities that conflict with those priorities.

Funding Priorities. At least annually, the University President will communicate to the Alumni Foundation President and CEO the University’s current private funding priorities. The University shall rely upon the Alumni Foundation, or its designee, to help assess the private funding feasibility of each. The Alumni Foundation shall diligently pursue the University’s funding priorities and shall avoid activities that conflict with those priorities.