GIFTS OF STOCK Sample Clauses

GIFTS OF STOCK. In those instances where securities are transferred to the Trust, they will be sold as soon as practicable after arriving in our account. In those cases, the transfer is final. We do not wish to hold securities as we would funds, because of the possible market fluctuation. Your contribution will be determined based upon the mean value of the securities on the day the securities arrive in our account. FOUNDATIONS: Donations from private foundations, where a disqualified person receives an indirect benefit by way of enhanced property value, may give rise to penalties. We suggest you consult with appropriate counsel as to any possible enhancement effect to property of any disqualified person(s). Foundations are also restricted in funding personal pledges made by persons associated with the foundation. If a pledge is going to be fulfilled by a foundation, the pledge should be made by the foundation.
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs

Related to GIFTS OF STOCK

  • Rollover Contributions and Transfers The Custodian shall have the right to receive rollover contributions and to receive direct transfers from other custodians or trustees. All contributions must be made in cash or check.

  • MEMO OF CONSIDERATION RECEIVED on the day month and year first above written of and from the within named Purchasers the within mentioned sum of Rs. /- (Rupees only)paid as and by way of full consideration in terms of these presents. Sl. No. Details Amount (Rs) 1 By cheque no. dated 2 By cheque no. dated 3 By cheque no. dated 4 By cheque no. dated 5 By cheque no. dated 6 TDS ( ) 7 By cheque no. dated TOTAL (RUPEES ONLY) WITNESSES:

  • Reservation of Shares The Company will reserve and keep available that maximum number of its authorized but unissued securities which are issuable upon exercise of the Warrants and Placement Warrants outstanding from time to time.

  • Total Payments to Other Dist & Govt Units Tuition (In State) Payments for Regular Programs ‐ Transfers Payments for Special Education Programs ‐ Transfers Payments for Adult/Continuing Ed Programs ‐ Transfers Payments for CTE Programs ‐ Transfers

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