Gifts and Grants. Unless otherwise prohibited by law, the Authority may accept, in its own name and/or on behalf of Participant, any one of more of the Participants, or any class of Participants, gifts, grants, gratuities, advances, and secured, non-recourse loans in any form from any source, including the United States, the State of Texas, any agency or instrumentality of same, or any other person, and may make and enter into contracts, agreements and covenants which the Authority considers necessary and proper in connection with the acceptance of such gifts, grants, gratuities, advances, or loans. The Authority agrees that it shall make use of the proceeds of same only for the intended beneficiary or beneficiaries, and in connection therewith, may make adjustments to its fees, rates, and charges, under the Rate Order or otherwise, to such beneficiary or beneficiaries. In the event such gifts, grants, gratuities, advances, and secured, non-recourse loans benefit the Project or the GRP, they shall be credited to the benefit of the GRP and the Participants.
Gifts and Grants. The Authority may accept from any Person, public or private, gifts, grants, assistance funds, or bequests on behalf of the Authority, the Redesign District, or a public school placed in the Redesign District. Gifts, grants, assistance funds, or bequests, accepted by the Authority shall become the property of the Authority upon acceptance. except as otherwise agreed by the Authority and the grantor. The Authority may apply for and accept grants, loans, or contributions from any source otherwise available to the Redesign District or a public school placed in the Redesign District. The Authority may do anything within its power to secure the grants, loans, or other contributions on behalf of the Authority, the Redesign District, or a public school placed in the Redesign District, including, but not limited to, maintaining separate segregated funds for gifts, grants, assistance funds, or bequests.
Gifts and Grants. The Governing Board shall have the authority to accept gifts and grants, apply for, and use, grants, and may enter into agreements required in connection therewith, and hold, use, and dispose of money or property received as a gift or grant in accordance with the terms thereof.
Gifts and Grants. Hospital District shall receive and be vested in full ownership of all gifts and grants of money or other property to or for use with respect to the Hospital, from any source whatsoever.
Gifts and Grants. All gifts or grants, including but not limited to any bequest or devise under any trust or Last Will and Testament, made before or after the effective date of this consolidation to any Dissolving Corporation shall inure to the benefit of the New Corporation.
Gifts and Grants. The Board may, within the scope of this Agreement, accept gifts, may apply for and use grants of money or other property from the United States, the State of Minnesota, a local government unit or other governmental unit or organization or any person or entity for the purpose described herein. The Board may enter into any reasonable agreement required in connection therewith. The Board shall comply with any laws or regulations applicable to grants, donations, and agreements. The Board may hold, use, and dispose of such money or property in accordance with the terms of the gift, grant, or agreement relating thereto.
