Charitable Donation Sample Clauses

Charitable Donation. The Company agrees to donate $10,000 worth of its common restricted stock to the Charity of Executive’s choice upon his appointment to the role of Chairman of the Board at the current market price. On or about June 26, 2015 All of the shares of the Company’s common stock to be issued hereunder are “restricted securities” as defined in the Securities and Exchange Act of 1933, as amended, and Rule 144 as promulgated thereunder, are as such are subject to the Company’s Trading Policy and its blackout periods for insiders.

Charitable Donation. If ▇▇▇▇▇▇ decides to donate the Vessel to a tax exempt organization during the Listing Period or within six (6) months thereafter, Seller shall not be obligated to pay Broker a brokerage commission, but instead shall authorize Broker to handle the donation on ▇▇▇▇▇▇'s behalf and to retain any finder's fee paid by the tax exempt organization. Seller shall be solely responsible for the tax consequences of any such donation. Broker recommends that Seller obtain the advice of a qualified tax professional before making any such donation.

Charitable Donation. The donations made under the terms of this Agreement shall for all purposes be treated as charitable donations and it is the intent of the Parties that donations be made and used in compliance with all applicable federal and state laws governing donations made to charitable organizations. The Recipient represents and warrants to the LifeWise that it is a tax-exempt entity pursuant to Section 501(c)(3) or other applicable sections of the Internal Revenue Code. The Parties acknowledge that they may be required by law to report information about the donations provided under this Agreement and will do so to comply with legal obligations.

Charitable Donation. Within 90 days of execution of this Agreement GVI will create the Charitable Fund required to receive the Charitable Donation, which shall be used to distribute funds to organizations for the purpose of serving or enhancing the delivery and advocacy of support and scholarship services to vulnerable, disenfranchised individuals and reducing vulnerability to crime, including reducing and preventing sex trafficking, sexual crimes, and other crimes and providing services or tools to help support survivors on their paths toward freedom and healing. The Charitable Fund must be a registered 501(c)(3) public charity in good standing with the Internal Revenue Service (IRS) and the United States Virgin Islands Bureau of Internal Revenue (BIR) and have an existing product that actively manages funds for charitable use distribution only. In the event that the Charitable Fund is not created within 20 days of the execution of this Agreement, the Parties shall, within 7 business days, agree upon and establish an interest-bearing escrow account into which the Charitable Donation shall be deposited, and JPMC shall have 7 business days from the establishment of the escrow account to deposit the Charitable Donation into the escrow account. The terms of the escrow account shall provide that the Charitable Donation shall be held in escrow until such time as the Charitable Fund is created, and that the Charitable Donation may only be released from the escrow account to the Charitable Fund. In the event that the Charitable Fund is not created within 90 days of the execution of this Agreement, GVI may, with prior written notice to JPMC, extend the time period to create the Charitable Fund by an additional 90 days, and the grant funds will remain in the escrow account. In the event that the Charitable Fund is not created after the second 90-day period, the Parties may agree to further extend the time period for creating the Charitable Fund. For the avoidance of doubt, the Parties intend that these funds are used for the charitable purposes stated herein and do not intend that these funds revert to JPMC.

Charitable Donation. All payments made under the terms of this Agreement (the "Donation") shall be treated as charitable donations for all purposes. It is the intent of the Parties that the Donation be made and used in compliance with all applicable federal and state laws governing donations made to charitable organizations. The Parties acknowledge that they may be required by law to report information about the Donation and each Party agrees to report such information as legally required.

Charitable Donation. SURFF will accept from Thyssen Mining, Inc. the property described on Exhibit A as a charitable donation in that SURFF is an entity exempt from taxation pursuant to Section 501 C 3 of the Internal Revenue Code. The acceptance of the donation by SURFF is contingent upon SDSTA entering into this agreement with respect to said property.

Charitable Donation. One-thousand dollars ($1,000) shall be paid to People and Pets Together (▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇). The check shall be delivered to: People & Pets Together, ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ South, separate 1099s shall be issued for the above payments: The first 1099 shall be issued to OEHHA, ▇.▇. ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (EIN: ▇▇-▇▇▇▇▇▇▇) in the amount of $2,250. The second 1099 shall be issued in the amount of $750 to CAG and delivered to: Yeroushalmi & Yeroushalmi, ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇.

Charitable Donation. Following the Closing, FNFG will make a donation of $7,500,000 to the FNFG Foundation in order to support the market areas served by NewAlliance Bank prior to the date of this Agreement.

Charitable Donation. ▇▇▇▇▇▇▇▇▇▇’s gratuitous funds transfer into the Foundation’s possession to achieve the goals of the Foundation in compliance with the Law of Ukraine "On Charitable Activities and Charitable Organizations", the Charter of the Foundation and this Agreement.