“Short Term Advances” has the meaning in Section 1(c) of Exhibit F.
“Significant Adverse Impact” has the meaning set forth in Section 3.2(e).
“Special Academic Costs” has the meaning in Section 1(e)(i) of Exhibit F.
“State Subsidy” means, where applicable: (a) Revenue collected by New University relating to any State share of instruction earned by New University students as a result of the Courses and credit hours of such students; and (b) the success points earned on a proportionate basis of such students compared to the total subsidy eligible enrollment.
“Student Financial Assistance Program” means any form of student financial assistance, grants or loans administered by any Governmental Entity, including the Title IV Programs, state grant programs, and veterans’ education benefits administered by the U.S. Department of Veterans’ Affairs.
“Supplier Party” has the meaning in Section 8.2.
“Support Costs” has the meaning in Section 2 of Exhibit F.
“Support Functions” has the meaning in Section 2.4.
“Support Transfer Notice” has the meaning in Section 14.9(a).
“Target Outreach and Admission Spend” has the meaning in Part A, Section IV of Exhibit D.
“Tax” means any and all taxes and all other charges, fees, duties, contributions, levies, assessments or liabilities in the nature of a tax, whether disputed or not, imposed by any Governmental Entity, and any interest, fines, penalties, assessments or additions to tax imposed with respect to such items or any contest or dispute thereof.
“Taxing Authority” means any Governmental Entity exercising regulatory authority in respect of any Taxes.
“Teach-Out Period” has the meaning in Section 14.7.
“Term” has the meaning in Section 14.1.
“Threshold Amount” has the meaning in Part B of Exhibit D.
“Title IV” means Title IV of the HEA, and any amendments or successor statutes thereto.
“Title IV Program” means the programs of federal student financial assistance administered pursuant to Title IV of the HEA.
“Transfer” has the meaning in Section 13.2.
“Transfer Agreement” has the meaning in Recital E.
“Transition Services Agreement” has the meaning in Section 14.8(c)(ii)(4).
“Triggering Loss” has the meaning in Section 14.4.
“UCC” has the meaning in Exhibit I-3.
“University Partner” has the meaning in the Prologue.
Exhibit A - Definitions