Common use of Legal Agreement Clause in Contracts

Legal Agreement. In consideration of the Company undertaking to establish and maintain, and to carry on or provide for the carrying on of a number of schools / independent schools in England specially organised to make special educational provision for pupils with SEN (“the Special Academies”) or meeting the requirements referred to in clause 12 (“the Mainstream Academies”), or meeting such requirements as referred to in clause 12B (“the Alternative Provision Academies”), the Secretary of State agrees to make payments to the Company in accordance with the conditions and requirements set out in this Agreement and Supplemental Agreements. If it is agreed between the Secretary of State and the Company that the Company will establish and maintain, and to carry on or provide for the carrying on of an Academy, the parties will enter into a Supplemental Agreement in relation to that Academy. For the avoidance of doubt, any obligations imposed upon or powers given to an Academy by this Agreement or any Supplemental Agreement are also imposed upon the Company.

Appears in 4 contracts

Samples: Master Funding Agreement, Master Funding Agreement, Master Funding Agreement

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