Common use of CHARITY Clause in Contracts

CHARITY. [The Property will as a result of this Lease be held by [Academy Trust] an exempt charity] [The Property will as a result of this Lease be held by or in trust for [Academy Trust] a non-exempt charity and the restrictions on disposition imposed by sections 117 to 121 of the Charities Act 2011 will apply to the Property (subject to section 117 (3) of that Act)]

Appears in 2 contracts

Samples: Lease, Lease Agreement

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CHARITY. [The Property will as a result of this Lease be held by [Academy Trust] an exempt charity] [The Property will as a result of this Lease be held by or in trust for [Academy Trust] a non-non- exempt charity and the restrictions on disposition dispositions imposed by sections section 117 to 121 of the Charities Act 2011 will apply to the Property (subject to section 117 (3) of that Act)]117

Appears in 1 contract

Samples: Lease

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CHARITY. [The Property will as a result of this Lease be held by [Academy Trust] an exempt charity] [The Property will as a result of this Lease be held by or in trust for [Academy Trust] a non-exempt charity and the restrictions on disposition dispositions imposed by sections 117 to 121 section 36 of the Charities Act 2011 1993 will apply to the Property (subject to section 117 (336(9) of that Act).]

Appears in 1 contract

Samples: Lease

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