Charitable Objective Sample Clauses

Charitable Objective. All funds of the Foundation are to serve or promote the enhancement of the quality of life of the communities served by the Foundation and its charitable mission. No distribution shall be made from the Fund to any individual or entity if such distribution may in the judgment of the Foundation impair or endanger the Foundation's tax exempt status under Code Section 501(c)(3) or result in the imposition of any excise tax, penalty, or other tax, fine, or assessment under the Code.
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Charitable Objective. 4.1 Celator is aware that Princeton is a member of the “Needle-free vaccination via Nanoparticle Aerosols” project which is being funded by the Xxxx & Xxxxxxx Xxxxx Foundation, through Harvard University. As a member of this project Princeton has agreed to ensure that public health solutions in developing countries, exclusive of the Major Market Countries, are optimized through (i) the broad availability of data and information to the scientific community and (ii) the access to affordable health solutions for the benefit of people most in need within the developing countries (“the Charitable Objective”. The Charitable Objective will be achieved through the following objectives a) reporting of inventions, b) publication of results of work under the grant, c) identification of background technologies and strategy to ensure access, d) strategy to secure if necessary and manage and allocate IP rights and e) potential post project development plans and f) strategies regarding the commercialization and sustainability of the projects anticipated final health solution. Princeton expressly reserves the right to use the Invention, Princeton Patent Rights, Licensed Products, Licensed Methods, Data, and associated information and technology for the achievement of the Charitable Objective as defined in the “Needle Free Vaccination via Nanoparticle Aerosols” project. EXCLUSIVE LICENSE AGREEMENT: Princeton University and Celator Pharmaceuticals
Charitable Objective. All funds of MIB Agents are to serve or promote MIB Agents’ charitable mission. No distribution shall be made from the Fund to any individual or entity if such distribution may in the judgment of MIB Agents impair or endanger the Foundation's tax exempt status under Code Section 501(c)(3) or result in the imposition of any excise tax, penalty, or other tax, fine, or assessment under the Code.

Related to Charitable Objective

  • Charitable Contributions Make any charitable or similar contributions, except in amounts not to exceed five thousand dollars ($5,000) individually, and twenty thousand dollars ($20,000) in the aggregate.

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