Common use of Donations Clause in Contracts

Donations. The Board may accept on behalf of the corporation any donation, contribution, gift, bequest or devise for the general purposes or for any special purpose of the Corporation. If required under section 6113 of the Internal Revenue Code, the corporation shall include prominent, appropriate fundraising disclosure language in accordance with Notice 88- 120 (e.g., “Donations, contributions or gifts to Quartz Health Plan Corporation. are not deductible as charitable contributions for federal income tax purposes.”).

Appears in 4 contracts

Samples: Exchange Agreement, Exchange Agreement, Exchange Agreement

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Donations. The Board may accept on behalf of the corporation any donation, contribution, gift, bequest or devise for the general purposes or for any special purpose of the Corporation. If required under section 6113 of the Internal Revenue Code, the corporation shall include prominent, appropriate fundraising disclosure language in accordance with Notice 88- 120 (e.g., “Donations, contributions or gifts to Quartz Xxxxxxxxx Health Plan Corporation. Plan, Inc. are not deductible as charitable contributions for federal income tax purposes.”).

Appears in 2 contracts

Samples: Exchange Agreement, Members Agreement

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Donations. The Board may accept on behalf of the corporation any donation, contribution, gift, bequest or devise for the general purposes or for any special purpose of the Corporation. If required under section 6113 of the Internal Revenue Code, the corporation shall include prominent, appropriate fundraising disclosure language in accordance with Notice 88- DM_US 67582217-5.096210.0011 15 120 (e.g., “Donations, contributions or gifts to Quartz Xxxxxxxxx Health Plan Corporation. Plan, Inc. are not deductible as charitable contributions for federal income tax purposes.”).

Appears in 1 contract

Samples: Stockholders Agreement

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