PRIVATE FOUNDATION RULES Sample Clauses

PRIVATE FOUNDATION RULES. If, and for so long as, the Supporting Organization is a private foundation which does not qualify as a supporting organization under Section 509(a)(3), then, notwithstanding any provision of this agreement, Trustees, Trustees' employees, and the Supporting Organization and its employees are prohibited from:
Sample 1
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PRIVATE FOUNDATION RULES. Notwithstanding any other provisions in these Articles of Incorporation, in the event that, and for so long as, the Corporation is classified as a private foundation within the meaning of Section 509(a) of the Internal Revenue Code, the Corporation:
Sample 1

Related to PRIVATE FOUNDATION RULES

  • Other Allocation Rules (a) For purposes of determining the Profits, Losses, or any other items allocable to any period, Profits, Losses, and any such other items shall be determined on a daily, monthly, or other basis, as determined by the Directors using any permissible method under Code Section 706 and the Regulations thereunder.

  • Place of Arbitration; Rules All arbitration will be conducted in Massachusetts unless we agree otherwise in writing in a specific case. All arbitration will be conducted before a single arbitrator in accordance with the rules of the American Arbitration Association.

  • Compliance with Federal Law, Regulations, and Executive Orders This is an acknowledgement that FEMA financial assistance will be used to fund the contract only. The contractor will comply will all applicable federal law, regulations, executive orders, FEMA policies, procedures, and directives.

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