Common use of Maintenance of Corporate Status; Tax Exemptions Clause in Contracts

Maintenance of Corporate Status; Tax Exemptions. The Education Corporation shall maintain its status as a not-for-profit New York education corporation and its federal tax-exempt status pursuant to § 501(c)(3) of the Internal Revenue Code. The Education Corporation shall provide the Trustees with copies of all applications and filings relating to its seeking and maintaining its § 501(c)(3) tax-exempt status.

Appears in 5 contracts

Samples: Charter Agreement, Charter Agreement, Charter Agreement

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