Common use of Term of Charter Clause in Contracts

Term of Charter. Unless terminated earlier pursuant to Section 1002.33, Florida Statutes, or upon the terms contained herein, this charter shall cover a period of five (5) years [excluding two (2) planning years permitted by Section 1002.33(7)(a)12, Florida Statutes], commencing on July 1, 2021 and ending on June 30, 2026. The School may defer the opening of its operations for up to three (3) years to provide time for adequate facility planning. The School must provide written notice of such intent to the Sponsor and the parents of enrolled students at least thirty (30) calendar days before the first day of school. The first two (2) planning year(s) will extend the term of this Charter. Failure to open the School after all available deferral years is good cause for termination of this Charter.

Term of Charter. Unless terminated earlier pursuant to Section 1002.33, Florida Statutes, or upon the terms contained herein, this charter shall cover a period of five (5) years [excluding two (2) planning years permitted by Section 1002.33(7)(a)12, Florida Statutes], commencing on July 1, 2021 and ending on June 30, 2026. The School may defer the opening of its operations for up to three (3) years to provide time for adequate facility planning. The School must provide written notice of such intent to the Sponsor and the parents of enrolled students at least thirty (30) 30 calendar days before the first day of school. The first two (2) planning year(s) will extend the term of this Charter. Failure to open the School after all available deferral years is good cause for termination of this Charter.