Common use of Acceptance of Gifts and Grants Clause in Contracts

Acceptance of Gifts and Grants. The Board of Directors is authorized to accept conditional and unconditional gifts and grants, outright or in trust. Conditional gifts requiring ongoing commitment of funds must be authorized by the governing bodies of the school administrative units served by the Program, including the members of an AOS within the Program.

Acceptance of Gifts and Grants. The Board of Directors is authorized to accept conditional and unconditional gifts and grants, outright or in trust. Conditional gifts requiring ongoing commitment of funds must be authorized by the governing bodies of the school administrative units served by the Program, including the members of an AOS within the ProgramParties to this Agreement.

Acceptance of Gifts and Grants. The Board of Directors is authorized to accept conditional and unconditional gifts and grants, outright or in trust. Conditional gifts requiring ongoing commitment of funds must be authorized by the governing bodies a vote of two-thirds of the school administrative units served by full membership of the Program, including the members Board of an AOS within the ProgramDirectors.

Acceptance of Gifts and Grants. The Board of Directors is authorized to accept conditional and unconditional gifts and grants, outright or in trust. Conditional gifts requiring ongoing commitment of funds must be authorized by the governing bodies an affirmative vote of two-thirds of the school administrative units served by full membership of the Program, including the members Board of an AOS within the ProgramDirectors.

Acceptance of Gifts and Grants. The Board of Directors is authorized to accept conditional and unconditional gifts and grants, outright or in trust. Conditional gifts requiring ongoing commitment of funds must be authorized by the governing bodies of the school administrative units served by the Program, including the members of an AOS within the Programthat are Parties to this Agreement.