Philanthropic Gifts Clause Samples

Philanthropic Gifts. Any funds received by a Party through philanthropic gifts, grants, or donations from individuals or nongovernmental organizations shall be the sole property of the Party that received them. Operator may, with prior approval of IPS, which shall not be unreasonably withheld, erect signage in honor of or tribute to donors. The Parties may agree in writing to engage in joint fundraising efforts and shall allocate any funds raised through such efforts in the manner set forth in such written agreement.

Philanthropic Gifts. Parent Company will honor the intent of all gifts, bequests, grants and donations provided to either MSHA or Wellmont by a donor to be used for charitable purposes by a tax-exempt organization.

Philanthropic Gifts. Any funds received by either Party through philanthropic gifts, grants, or donations from individuals or nongovernmental organizations shall be the sole property of the Party that received them; provided, however, that any gifts received by a Party, but specifically restricted for the benefit of the other Party, shall be delivered to that Party immediately upon receipt. Operator may, with prior approval of IPS, which shall not be unreasonably withheld, erect signage in honor of or tribute to donors. Operator specifically will be permitted to name any physical space or program and to affix signage to classroom doors and other spaces within the interior of the Building recognizing contributions of donors, and in particular, honoring the life of ▇▇. ▇▇▇ ▇▇▇▇▇▇▇▇.” The Parties may agree in writing to engage in joint fundraising efforts and shall allocate any funds raised through such efforts in the manner set forth in such written agreement.

Philanthropic Gifts. Any funds received by a Party through philanthropic gifts, grants, or donations from individuals or nongovernmental organizations shall be the sole property of the Party that received them; provided, however, that any gifts received by a Party, but specifically restricted for the benefit of the other Party, shall be delivered to that Party immediately upon receipt. Operator may, with prior approval of IPS, which shall not be unreasonably withheld, erect signage in honor of or tribute to donors. The Parties may agree in writing to engage in joint fundraising efforts and shall allocate any funds raised through such efforts in the manner set forth in such written agreement.