Common use of Initial Procedure for Withdrawal Clause in Contracts

Initial Procedure for Withdrawal. Consistent with 603 CMR 41.03(2), the communities of Boxborough, Carlisle, Dover, Lincoln, Sudbury, Wayland, and Weston may withdraw from the District effective on the first July 1 after the first December 1 following the Commissioner of Education’s approval of the 2016 Amended Regional Agreement, all of the following requirements having been met by each departing member: (a) On or before March 1, 2016, voted by simple majority of its legislative body to confirm its commitment to withdraw from the District; (b) On or before March 1, 2016, voted to approve the 2016 Amended Regional Agreement; (c) Approval of the 2016 Amended Regional Agreement by the Commissioner of Education. A vote by any member to adopt the 2016 Amended Regional Agreement shall also constitute approval of the withdrawal of any or all of the communities of Boxborough, Carlisle, Dover, Lincoln, Sudbury, Wayland, and Weston from the District pursuant to the Initial Procedure for Withdrawal. The terms of School Committee members representing communities which withdraw under this Initial Procedure for Withdrawal shall end on the withdrawal date of the community which the member represents. No such community shall have any right or claim onto the assets of the District. Such communities shall continue to be responsible for their respective shares of the District’s indebtedness as of the withdrawal date, except that no community withdrawing under this Initial Procedure for Withdrawal shall be responsible for District debt incurred after December 10, 2015.

Appears in 3 contracts

Samples: Regional Agreement, Regional Agreement, Regional Agreement

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Initial Procedure for Withdrawal. Consistent with 603 CMR 41.03(2), the communities of Boxborough, Carlisle, Dover, Lincoln, Sudbury, Wayland, and Weston Xxxxxx may withdraw from the District effective on the first July 1 after the first December 1 following the Commissioner of Education’s approval of the 2016 Amended Regional Agreement, all of the following requirements having been met by each departing member: (a) On or before March 1, 2016, voted by simple majority of its legislative body to confirm its commitment to withdraw from the District; (b) On or before March 1, 2016, voted to approve the 2016 Amended Regional Agreement; (c) Approval of the 2016 Amended Regional Agreement by the Commissioner of Education. A vote by any member to adopt the 2016 Amended Regional Agreement shall also constitute approval of the withdrawal of any or all of the communities of Boxborough, Carlisle, Dover, Lincoln, Sudbury, Wayland, and Weston from the District pursuant to the Initial Procedure for Withdrawal. The terms of School Committee members representing communities which withdraw under this Initial Procedure for Withdrawal shall end on the withdrawal date of the community which the member represents. No such community shall have any right or claim onto the assets of the District. Such communities shall continue to be responsible for their respective shares of the District’s indebtedness as of the withdrawal date, except that no community withdrawing under this Initial Procedure for Withdrawal shall be responsible for District debt incurred after December 10, 2015.

Appears in 3 contracts

Samples: Regional Agreement, Regional Agreement, Regional Agreement

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Initial Procedure for Withdrawal. Consistent with 603 CMR 41.03(2), the communities of Boxborough, Carlisle, Dover, Lincoln, Sudbury, Wayland, and Weston may withdraw from the District effective on the first July 1 after the first December 1 following the Commissioner of Education’s approval of the 2016 Amended Regional Agreement, all of the following requirements having been met by each departing member:, (a) On or before March 1, 2016, voted by simple majority of its legislative body to confirm its commitment to withdraw from the District; (b) On or before March 1, 2016, voted to approve the 2016 Amended Regional Agreement; ; (c) Approval of the 2016 Amended Regional Agreement by the Commissioner of Education. A vote by any member to adopt the 2016 Amended Regional Agreement shall also constitute approval of the withdrawal of any or all of the communities of Boxborough, Carlisle, Dover, Lincoln, Sudbury, Wayland, and Weston from the District pursuant to the Initial Procedure for Withdrawal. The terms of School Committee members representing communities which withdraw under this Initial Procedure for Withdrawal shall end on the withdrawal date of the community which the member represents. No such community shall have any right or claim onto the assets of the District. Such communities shall continue to be responsible for their respective shares of the District’s indebtedness as of the withdrawal date, except that no community withdrawing under this Initial Procedure for Withdrawal shall be responsible for District debt incurred after December 10, 2015.

Appears in 1 contract

Samples: Regional Agreement

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