Common use of Divorced Advisors Clause in Contracts

Divorced Advisors. If founding donors or advisors to a donor advised fund are subsequently separated or divorced, the Foundation reserves the right to decline grant recommendations from either husband or wife unless unanimous consent is communicated in writing, or the appointment of advisors is restated or confirmed as deemed sufficient by the Foundation.

Appears in 4 contracts

Samples: Donor Advised Endowed Fund Agreement, Donor Advised Non Endowed Fund Agreement, Donor Advised Fund Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.