Common use of NOT A SEPARATE TRUST Clause in Contracts

NOT A SEPARATE TRUST. The Fund shall be a component part of the Legacy Foundation. All money and property in the Fund shall be held as general assets of the Legacy Foundation and not segregated as trust property of a separate trust.

Appears in 6 contracts

Samples: Scholarship Nonpermanent Fund Agreement, Scholarship Endowment Fund Agreement, Donor Advised Nonpermanent Fund Agreement

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NOT A SEPARATE TRUST. The Fund shall be a component part of the Legacy Foundation. All money and property in the Fund shall be held as general assets of the Legacy Foundation and not segregated as trust property of a separate trust.

Appears in 5 contracts

Samples: Scholarship Endowment Fund Agreement, Donor Advised Endowment Fund Agreement, Discretionary Scholarship Endowment Fund Agreement

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