Endowment Care Fund Sample Clauses

Endowment Care Fund. 29 6.7 Maintenance of the Cemetery................................... 29 6.8 [Reserved].................................................... 29 6.9 Completion of Construction of Sky Rose Chapel and Buddhist Pagoda Infrastructure................................ 29 6.10
Sample 1
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Endowment Care Fund. Following consummation of the transactions contemplated by this Agreement, Buyer shall not improperly utilize or invest the Endowment Care Fund, shall manage the same in full compliance with California Regulations and shall not withdraw any principal from the Endowment Care Fund.
Sample 1
Endowment Care Fund. A deposit will be paid into a trust fund, the income from which will be applied to the care and embellishment of the cemetery in conformity with the laws of the State of Utah governing ENDOWMENT CEMETERIES. Also a MARKER TRUST FUND for the guaranteed care of markers installed in Xxxxxxxxx’x Memorial Parks is on deposit with a company authorized to do business as a trust company in Utah. Vases are not covered. Any materials other than Bronze or Granite as defined in the rules & regulations will require a waiver and are not covered. Ceramic and metal photographs are only covered by any warranty offered by the manufacturer. In accepting money for deposit in the ENDOWMENT CARE FUND or the MARKER TRUST FUND, Xxxxxxxxx shall merely act as the agent of Purchaser and shall deposit such money in the trust funds at the bank in accordance with the terms of the trust instruments covering said funds and Utah law.
Sample 1
Endowment Care Fund. Seller hereby binds itself to maintain the interment spaces or other interment facilities described herein, and to deposit from payments received hereunder the amounts required by law to an Endowment Care Fund created for the continual maintenance of all developed cemetery property without further assessment to Purchaser. Such deposit to the Endowment Care Fund shall be in trust with an established State or National bank or savings and loan association licensed in this State as Trustee and in accordance with the applicable laws governing such Endowment Care Fund, and the net income from the Endowment Care Fund shall be used solely for the continuing care and maintenance of the developed cemetery and to pay such costs as may be reasonably necessary for the administration of the Endowment Care Fund.
Sample 1
Endowment Care Fund. Any endowment care funds maintained by Landlord as of the Commencement Date shall be retained by Landlord as an asset of Landlord and all obligations and liabilities associated with such funds shall constitute part of Landlord’s Liabilities. Landlord shall not take any action, or omit to take any action, the effect of which would be to impose liability on the Tenant for Landlord’s endowment care funds. Landlord shall not dispose of its endowment care funds until after the Commencement Date and then only upon receipt of all applicable regulatory approvals, including Orphans’ Court approval.
Sample 1

Related to Endowment Care Fund

  • Health Care Spending Account After six (6) months of permanent employment, full time and part time (20/40 or greater) employees may elect to participate in a Health Care Spending Account (HCSA) Program designed to qualify for tax savings under Section 125 of the Internal Revenue Code, but such savings are not guaranteed. The HCSA Program allows employees to set aside a predetermined amount of money from their pay, not to exceed the maximum amount authorized by federal law, per calendar year, of before tax dollars, for health care expenses not reimbursed by any other health benefit plans. HCSA dollars may be expended on any eligible medical expenses allowed by Internal Revenue Code Section 125. Any unused balance is forfeited and cannot be recovered by the employee.

  • Health Spending Account contributions by the Executive will cease on the Effective Date. The Executive may submit claims against the balance accrued to the Effective Date, until the end of the calendar year in which the Effective Date occurs.

  • HUMANITY FUND The Company agrees to deduct on a weekly basis the amount of forty (40) cents per week from the wages of all employees in the bargaining unit for all hours worked and, prior to the 15th day of the month following, to pay the amount so deducted to the "Humanity Fund" and to forward such payment to United Steelworkers National Office, 000 Xxxxxxxx Xxxxxx Xxxx, Xxxxxxx, Xxxxxxx, X0X 0X0 and to advise in writing both the Humanity Fund at the aforementioned address and the local union that such payment has been made, the amount of such payment and the names of all employees in the bargaining unit on whose behalf such payment has been made. All employee deductions are voluntary and may be cancelled upon request.

  • FEMA Fund Certifications Submission of this proposal is Vendor’s certification that Vendor agrees to this term. Vendor certifies that IF and when Vendor accepts a TIPS purchase paid for in full or part with FEMA funds, Vendor certifies that: (1) Vendor agrees to provide the TIPS Member, the FEMA Administrator, the Comptroller General of the United States, or any of their authorized representatives access to and rights to reproduce any books, documents, papers, and records of the Contractor which are directly pertinent to this contract for the purposes of making audits, examinations, excerpts, and transcriptions. The Vendor agrees to provide the FEMA Administrator or an authorized representatives access to construction or other work sites pertaining to the work being completed under the contract. Vendor acknowledges and agrees that no language in this contract or the contract with the TIPS Member is intended to prohibit audits or internal reviews by the FEMA Administrator or the Comptroller General of the United States.

  • Hospice Individuals whose permanent residence and principal work location are outside the State of Minnesota and outside of the service areas of the health plans participating in Advantage. If these individuals use the plan administrator’s national preferred provider organization in their area, services will be covered at Benefit Level Two. If a national preferred provider is not available in their area, services will be covered at Benefit Level Two through any other provider available in their area. If the national preferred provider organization is available but not used, benefits will be paid at the POS level described in paragraph “i” below. All terms and conditions outlined in the Summary of Benefits will apply.

  • Health Care Savings Plan As provided in this Agreement, eligible ASF Members will participate in the health care savings plan (HCSP) established under Minnesota Statute 352.98, and as administered by the Plan Administrator. The Employer is responsible only for transferring funds, as specified in this agreement, to the Plan Administrator. Subd. 1. All ASF Members who receive severance pay as defined in Section A of this article must participate in the health care savings plan. Subd. 2. All severance pay as defined in Section B of this article shall be transferred to the severed employee's health care savings plan account. At the time of separation, if an ASF Member has an approved exception to participation in the health care savings plan account from the plan administrator, then the ASF Member shall receive this payment in one lump sum payment of cash.

  • Traditional Individual Retirement Custodial Account The following constitutes an agreement establishing an Individual Retirement Account (under Section 408(a) of the Internal Revenue Code) between the depositor and the Custodian.

  • Health and Welfare Fund Pursuant to provisions contained in a pre­ vious Collective Bargaining Agreement, there has been established a Health and Welfare Fund known as the “ Retail Meat Cutter Unions and Employers Joint Health and Welfare Fund For The Chicago Area” ; said Fund is hereinafter referred to as the “ Health and Welfare Fund.”

  • Vision Care Plan The County agrees to provide a Vision Care Plan for all employees and dependents. The Plan will be the Vision Service Plan - Plan A with benefits at 12/12/24 month intervals and with twenty dollar ($20.00) deductible for examinations and twenty dollar ($20.00) deductible for materials. The County will fully pay the monthly premium for the employee and dependents and pick up inflationary costs during the term of the Agreement.

  • Flexible Spending Account The parties agree that the State shall have the right to use State Employee Health Plan funds to cover the administrative costs of operating the medical and dependent care flexible spending account programs.

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