Program Revenues Clause Samples
The 'Program Revenues' clause defines how income generated from a specific program or project will be handled and allocated among the parties involved. Typically, this clause outlines what constitutes program revenues, such as ticket sales, sponsorships, or merchandise, and specifies the process for collecting, reporting, and distributing these funds. Its core function is to ensure transparency and fairness in the management of program-generated income, reducing the risk of disputes over financial entitlements.
Program Revenues. The Program pricing and fees shall be as set forth in EXHIBIT A to the Agreement.
Program Revenues. Each Party will be entitled to and responsible for those fees and charges as set forth in Exhibit B hereto [Fee Schedule]. Except for those fees expressly set forth in this Agreement (including Exhibit B), Bank shall not impose any other fees on Company in connection with this Agreement. The Parties acknowledge and agree that the [***]. At any time, if Bank and Company agree upon additional services from Bank, the Parties will negotiate in good faith to determine the pricing for such additional services. Company shall be entitled to compensation as set forth on Exhibit A hereto.
Program Revenues. Program Revenues are all revenues and income generated or appropriated for and received by or on behalf of the School as attributed to any Student, the School or the Program which includes, but is not limited to, the following sources as applicable: state and local per-pupil basic education funds and other public school state and local funding; federal funds specific to the Program and/or its students; other funding including, but not limited to, Title I of the Elementary and Secondary Education Act of 1965, as amended (20 ▇.▇.▇. §▇▇▇▇ et seq., as amended); State provided facility funding and other income or revenue sources provided by law and obtained by the School and/or K12 which are not specifically excluded herein and all contributions and grants (including but not limited to Charter School Block Grants and other grants as applicable) received by or on behalf of the School and granted as a matter of right and/or practice or through competitive and non-competitive grant processes, which are to assist in the improvement of the Facility, the implementation or maintenance of the Program, and/or School operations. Program Revenues shall not include: (i) income generated by Students individually or collectively via student fundraisers (whether not such fund raiser is School-sponsored), and (ii) private charitable donations made to the School’s general fund; all to the extent K12 is not required to manage, track, report on or otherwise assist with the generation, disbursement or collection of such income or donations.
Program Revenues. For each of Seller's fiscal years ending on December 31, 1995, 1996 and 1997 none of the Schools have received greater than eighty-five percent (85%), and for each of Seller's fiscal years ending on December 31, 1998 and 1999 no greater than ninety percent (90%), of such School's respective revenues from programs authorized by Title IV or other federal student financial aid funds, and each of the Schools satisfies the requirements regarding Title IV program funds established by the DOE as set forth at 34 C.F.R. (S)600.5. The attached Schedule 5.23 contains a correct ------------- statement of Seller's percentage of revenue from such federal funding sources.
Program Revenues. For Seller's fiscal year ending on December 31, 1998, the School did not receive greater than eighty-five percent (85%) of its revenues from programs authorized by Title IV or other federal student financial aid funds, and for Seller's fiscal years ending on December 31, 1999, 2000, 2001 and 2002, no greater than ninety percent (90%), of the School's revenues from programs authorized by Title IV or other federal student financial aid funds, and the School satisfies the requirements regarding Title IV program funds established by the DOE as set forth at 34 C.F.R. Section 600.5. The attached Schedule 5.23 contains a correct statement of the School's percentage of revenue from such federal funding sources during each of such fiscal years.
Program Revenues. The Parties will be mutually responsible for collecting all Program Revenues generated in connection with the Programs and causing such Program Revenues to be deposited into the collecting Party’s respective Program Revenue Account as further described herein.
Program Revenues. For each of the Company's fiscal years ending on December 31, 1998, 1997 and 1996, none of the Schools have received greater than eighty-five percent
Program Revenues. For the Company's current fiscal year and for the past five fiscal years, the School did not receive revenues from programs authorized by Title IV or other federal student financial aid funds in excess of requirements mandated by Title IV, and the School satisfies the requirements regarding Title IV program funds established by the DOE as set forth at 34 C.F.R. Section 600.5.
Program Revenues. For each of Seller's fiscal years ending on June 30, 1998, 1997 and 1996, none of the Schools have received greater than eighty-five percent (85%) of such School's respective revenues from programs authorized by Title IV or other federal student financial aid funds, and for Seller's fiscal year ending on June 30, 1999, none of the Schools have received greater than ninety percent (90%), of such School's respective revenues from programs authorized by Title IV or other federal student financial aid funds, and each of the Schools satisfies the requirements regarding Title IV program funds established by the DOE as set forth at 34 C.F.R. (S)600.5. The attached Schedule 5.23 contains a correct statement of each ------------- School's percentage of revenue from such federal funding sources.
Program Revenues. Program Revenues are all revenues and income generated or appropriated for and received by the Program as attributed to the Students in the Program which includes, but is not limited to, the following sources as applicable: state and local per-pupil basic education funds and other public school state and local funding; federal funds specific to the Program and/or its Students; other funding including but not limited to, Title I of the Elementary and Secondary Education Act of 1965, as amended (20 ▇.▇.▇. §▇▇▇▇ et seq., as amended); and other income or revenue sources provided by law and obtained by the School and/or K12 which are not specifically excluded herein and all contributions and grants (including but not limited to Charter School Block Grants and other grants as applicable) received by the School and granted as a matter of right and/or practice or through competitive and non-competitive grant processes, which are to assist in the improvement of the Facility, the implementation or maintenance of the Program, and/or day-to-day School operations.