Growth Funds Sample Clauses

Growth Funds. After providing for specified costs associated with student growth, as described in Attachment 1, net Growth funds are considered “continuous” funds and are proportionately allocated to the unit. Growth funds are attributed to either an increase in funded Full-Time Equivalent Students (FTES) or an increase in the District’s Basic Allocation

Growth Funds. During the Extended Renewal Term, Pepsi shall calculate the total number of Cases purchased by the District from Pepsi pursuant to this Agreement and shall provide the District with growth funds calculated based on applicable rates set forth below (the “Growth Funds”). The Growth Funds shall be paid by Pepsi within sixty (60) days of the end of each applicable Year. The District acknowledges that Pepsi policies prohibit business practices involving improper revenue recognition, including but not limited to channel stuffing and/or trade loading. As such, the District agrees that to the extent any funding provided for herein is based on the District achieving a threshold amount of purchases in a given time period, Pepsi has and reserves the right to not count purchases towards a given threshold in the event Pepsi determines in its good faith and reasonable discretion that such purchases were not made in the normal course of business for current product needs. Material changes in historical purchasing patterns shall be considered by Pepsi in making any such determination.”

Growth Funds. A new Section 7F is hereby added to the Agreement as follows: