Common use of CONTINUITY OF THE FUND Clause in Contracts

CONTINUITY OF THE FUND. The Fund shall continue so long as assets are available in the Fund and the purposes of the Fund can be served by its continuation. If the Fund is terminated, the Community Foundation shall use any remaining assets in the Fund exclusively for charitable or other exempt purposes that: a. are within the scope of the charitable and other exempt purposes of the Community Foundation; and b. most nearly approximate, in the good faith opinion of the Board, the original purpose of the Fund.

CONTINUITY OF THE FUND. The Fund shall continue so long as assets are available in the Fund and the purposes of the Fund can be served by its continuation. If the Fund is terminated, the Community Legacy Foundation shall use any remaining assets in the Fund exclusively for charitable or other exempt purposes that: a. are within the scope of the charitable and other exempt purposes of the Community Legacy Foundation; and b. most nearly approximate, in the good faith opinion of the Board, the original purpose of the Fund.

CONTINUITY OF THE FUND. The Fund shall continue so long as assets are available in the Fund and the purposes of the Fund can be served by its continuation. If the Fund is terminated, the Community Foundation shall use any remaining assets in the Fund exclusively for charitable educational, charitable, or other exempt purposes that: a. are within the scope of the charitable educational, charitable, and other exempt purposes of the Community Foundation; and b. most nearly approximate, in the good faith opinion of the Board, the original purpose of the Fund.

CONTINUITY OF THE FUND. The Fund shall continue so long as assets are available in the Fund and the purposes of the Fund can be served by its continuation. If the Fund is terminated, the Community Foundation shall use any remaining assets in the Fund exclusively for charitable or other exempt purposes that: : a. are within the scope of the charitable and other exempt purposes of the Community Foundation; and and b. most nearly approximate, in the good faith opinion of the Board, the original purpose of the Fund.

CONTINUITY OF THE FUND. The Fund shall continue so long as assets are available in the Fund and the purposes of the Fund can be served by its continuation. If the Fund is terminated, the Community Foundation shall use any remaining assets in the Fund exclusively for charitable or other exempt purposes that:; a. are within the scope of the charitable and other exempt purposes of the Community Foundation; and b. most nearly approximate, in the good faith opinion of the Board, the original purpose of the Fund.

CONTINUITY OF THE FUND. The Fund shall continue so long as assets are available in the Fund and the purposes of the Fund can be served by its continuation. If the Fund is terminated, the Community Foundation shall use any remaining assets in the Fund exclusively for charitable educational, charitable, or other exempt purposes that: : a. are within the scope of the charitable educational, charitable, and other exempt purposes of the Community Foundation; and and b. most nearly approximate, in the good faith opinion of the Board, the original purpose of the Fund.

CONTINUITY OF THE FUND. The Fund shall continue perpetually so long as assets are available in the Fund and the purposes of the Fund can be served by its continuation. If the Fund is terminated, the Community Foundation shall use any remaining assets in the Fund exclusively for charitable or other exempt purposes that: a. are within the scope of the charitable and other exempt purposes of the Community Foundation; and b. most nearly approximate, in the good faith opinion of the Board, the original purpose of the Fund.

CONTINUITY OF THE FUND. The Fund shall continue so long as assets are available in the Fund and the purposes of in the Fund can be served by its continuation. If the Fund is terminated, the Community Foundation shall use devote any remaining assets in the Fund exclusively for charitable or other exempt purposes that: a. are (a) Are within the scope of the charitable and other exempt purposes of the Community Foundation's Bylaws and Articles of Incorporation; and b. most (b) Most nearly approximate, in the good faith opinion of the Board, the original purpose of the Fund.

CONTINUITY OF THE FUND. The Fund shall continue so long as the assets are available in the Fund meet the minimum fund balance required by Community Foundation policy for funds of its type and the purposes of in the Fund can be served by its continuation. If the Fund is terminated, the Community Foundation shall use devote any remaining assets in the Fund exclusively for charitable or other exempt purposes that: a. are (a) Are within the scope of the charitable and other exempt purposes of the Community Foundation's Bylaws anad Articles of Incorporation; and b. most (b) Most nearly approximate, in the good faith opinion of the Board, the original purpose of the Fund.

CONTINUITY OF THE FUND. The Fund shall continue in perpetuity so long as assets are available in the Fund and the purposes of the Fund can be served by its continuation. If the Fund is terminated, the Community Foundation shall shall, after consultation and in agreement with the Fund Founder, use any remaining assets in the Fund exclusively for charitable or other exempt purposes that: a. are within the scope of the charitable and other exempt purposes of the Community Foundation; and b. most nearly approximate, in the good faith opinion of the Board, the original purpose of the Fund.

CONTINUITY OF THE FUND. The Fund shall continue so long as assets are available in the Fund and the purposes of the Fund can be served by its continuation. If the Fund is terminated, the Community Foundation shall use any remaining assets in the Fund exclusively for charitable or other exempt purposes that: a. are : a.are within the scope of the charitable and other exempt purposes of the Community Foundation; and and b. most nearly approximate, in the good faith opinion of the Board, the original purpose of the Fund.