Examples of Funding Agreement in a sentence
These may include further clauses to enable the Secretary of State to rectify any breaches of the terms of the lease, to intervene in the Company in order to secure a permanent site for your Studio School or to terminate the Funding Agreement if it is not possible to secure a permanent site for your Studio School.
Clauses 10E and 10F will be inserted into the majority of Funding Agreements; this enables the Secretary of State to continue to use the school site for another Free School or Academy should the Funding Agreement be terminated in order to protect the public investment in the land.
Further clauses (and potentially additional definitions) may also need to be inserted into the Funding Agreement specific to your Studio School dependent upon the specific land arrangements for the school site to further provide protection for the investment of public monies in the site.