Common use of Post Termination Provisions Clause in Contracts

Post Termination Provisions. 1. The nonrenewal or termination of this PBA must comply with the requirements of Section 1002.33(8), Florida Statutes. If this PBA is not renewed or is terminated, the School shall be responsible for all the debts of the School. The District shall not assume the debt from any contract for services including lease or rental agreements, made between the School and a third party, except for a debt previously detailed and agreed upon, in writing, by both the District and the Governing Board and that may not reasonably be assumed to have been satisfied by the District.

Appears in 5 contracts

Samples: Based Agreement, Based Agreement, Performance Based Agreement

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Post Termination Provisions. 1. The nonrenewal or termination of this PBA must comply with the requirements of Section 1002.33(8), Florida Statutes. If this PBA is not renewed or is terminated, the School shall be responsible for all the debts of the School. The District shall not assume the debt from any contract for services including lease or rental agreements, made between the School and a third party, except for a debt previously detailed and agreed upon, in writing, by both the District and the Governing Board Foundation and that may not reasonably be assumed to have been satisfied by the District.

Appears in 1 contract

Samples: Performance Based Agreement

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