Common use of Submission Process Clause in Contracts

Submission Process. The School shall submit all required financial statements to the Sponsor in the timeline and format prescribed by the Sponsor and/or State. Failure of the School to comply with timely submission of all financial statements in the required format specified by the Sponsor shall constitute a material breach of this Charter and may result in termination of this Charter.

Submission Process. The School shall submit all required financial statements to the Sponsor in the timeline and format prescribed by the Sponsor and/or State. Failure of the School to comply with timely submission of all financial statements in the required format specified by the Sponsor shall constitute a material breach of this Charter Contract and may result in the Sponsor’s withholding subsequent payments to the School without penalty of interest and/or termination of this CharterContract.

Submission Process. The School shall submit all required financial statements to the Sponsor in the timeline and format prescribed by the Sponsor and/or State. Failure of the School to comply with timely submission of all financial statements in the required format specified by the Sponsor shall constitute a material breach of this Charter and may result in the Sponsor’s withholding subsequent payments to the School without penalty of interest and/or termination of this Charter.

Submission Process. The School shall submit all required financial statements to the Sponsor in the timeline and format prescribed by the Sponsor and/or State. Failure of the School to comply with timely submission of all financial statements in the required format specified by the Sponsor shall constitute a material breach of this Charter and may result in termination of this Charter.