Teaching Facilities and Administrative Space Sample Clauses

Teaching Facilities and Administrative Space. Xxxxx is responsible for determining the need for and coordinating teaching and administrative space for the IAP. No later than one hundred twenty (120) days prior to the start of an IAP semester, Tiger will notify LSU of the number of students expected to enroll that semester and the IAP’s required Teaching Facilities and Administrative Space (defined in Section 2.7N)) for that semester. LSU commits to providing Teaching Facilities to accommodate at least up to four hundred (400) IAP Students and Administrative Space to accommodate up to at least ten (10) members of IAP Management and support staff. If the IAP requires additional Teaching Facilities or Administrative Space above and beyond LSU’s commitment, Tiger will advise LSU of the IAP’s requirements for the then upcoming semester, and LSU will notify Tiger within ten (10) Business Days after receipt of such notice from Tiger whether LSU will be able to provide the additional Teaching Facilities and Administrative Space for that semester. Tiger will reimburse the University for the use of Teaching Facilities at the rate of $112 per semester per student and will reimburse the University at the rate of $18 per square foot per annum for the use of Administrative Space (respectively, the “Teaching Facilities Reimbursement” and the “Administrative Space Reimbursement”). The Teaching Facilities Reimbursement and the Administrative Space Reimbursement shall each be increased annually on a pro-rata basis in accordance with the CPI; provided, however, that said reimbursements will only be adjusted for those years in which any change to the CPI is a positive number, and provided further that in no event will the individual adjustment for either reimbursement exceed six percent (6%) in any one year. If LSU in its discretion determines that it does not have available space, Tiger may lease space from a third-party, or from Shorelight pursuant to Section 2.6D below.
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