As used in this article:

(1) "Bond" or "bonds" means any note, bond, installment contract, or other evidence of indebtedness issued pursuant to this chapter.

Terms Used In South Carolina Code 59-119-720

  • Authority: means the State Fiscal Accountability Authority. See South Carolina Code 59-119-720
  • Clemson: means Clemson University. See South Carolina Code 59-119-720
  • Contract: A legal written agreement that becomes binding when signed.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Facilities: means any or all of the following facilities operated to provide for the students, faculty, or staff at Clemson: dining or food service facilities; laundry facilities; canteen facilities; vending machines; convenience stores; any other facilities for the sale of sundry items; health services; book stores; parking lots and vehicle registration; and all furniture, furnishings and equipment in them, which are now owned by Clemson, or which may be acquired by Clemson for any of these purposes. See South Carolina Code 59-119-720
  • Trustees: means the Board of Trustees of Clemson or any successor body. See South Carolina Code 59-119-720

(2) "Clemson" means Clemson University.

(3) "Facilities" means any or all of the following facilities operated to provide for the students, faculty, or staff at Clemson: dining or food service facilities; laundry facilities; canteen facilities; vending machines; convenience stores; any other facilities for the sale of sundry items; health services; book stores; parking lots and vehicle registration; and all furniture, furnishings and equipment in them, which are now owned by Clemson, or which may be acquired by Clemson for any of these purposes.

(4) "Revenues" of any facilities means the entire receipts of Clemson from the operation of the facilities. ‘Net revenues’ means these receipts reduced by the necessary expenses for operation and maintenance of the facilities.

(5) "Authority" means the State Fiscal Accountability Authority.

(6) "Trustees" means the Board of Trustees of Clemson or any successor body.

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