Common use of Restricted Gifts Clause in Contracts

Restricted Gifts. All gifts restricted for a specific library service may be initially authorized by the Library Executive Director, subject to Library Board of Trustees approval when required under Library and Foundation policies, specifically the Gift Acceptance Policy, and then accepted by the Foundation.

Restricted Gifts. All gifts restricted for a specific library service may will be initially authorized by the Library Executive DirectorCounty Librarian, subject to Library Board of Trustees Directors approval when required under Library and Foundation policies, specifically the Gift Acceptance Policy, and then accepted by the Foundation. The Foundation agrees to administer such gifts in accordance with the restrictions imposed by the donor or donors.

Restricted Gifts. All gifts restricted for a specific library service may be initially authorized by the Library Executive Director, subject to Library Board of Trustees approval when required under Library and Foundation policies, specifically the Gift Acceptance Policy, and then accepted by the Foundation. The Foundation agrees to administer such gifts in accordance with the restrictions imposed by the donor or donor following the procedures outlined in section 9.0.1 (a) (b) of this Memorandum of Understanding.