Common use of Restricted Assets Clause in Contracts

Restricted Assets. Local Church does not have donations, endowments, memorial bequests, or financial accounts that are dedicated or restricted as to use and is not a party to any agreement, mortgage, promissory note that that restricts the use or spending of its funds.

Appears in 15 contracts

Samples: Disaffiliation Agreement, Disaffiliation Agreement, Disaffiliation Agreement

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Restricted Assets. The Local Church does not have donations, endowments, memorial bequests, or financial accounts that are dedicated or restricted as to use use, except as disclosed on Exhibit to this Agreement, and is they are not a party to any agreement, mortgage, promissory note that that restricts the use or spending of its their funds.

Appears in 2 contracts

Samples: Agreement to Separate, Agreement to Separate

Restricted Assets. Local Church does not have donations, endowments, memorial bequests, or financial accounts that are dedicated or restricted as to use use, except as disclosed on Exhibit H to this Agreement or in its statement of financial position that is attached as Exhibit F to this Agreement, and is not a party to any agreement, mortgage, promissory note that that restricts the use or spending of its funds.

Appears in 1 contract

Samples: Disaffiliation Agreement

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Restricted Assets. Local Church does not have donations, endowments, memorial bequests, or financial accounts that are dedicated or restricted as to use use, except as disclosed in Exhibit C to this Agreement, and is not a party to any agreement, mortgage, mortgage or promissory note that that restricts the use or spending of its funds.

Appears in 1 contract

Samples: Disaffiliation Agreement

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