Common use of Tangible and Intangible Personal Property Clause in Contracts

Tangible and Intangible Personal Property. The Gift Date is the later of the date that the Completed Application and Agreement is postmarked by the United States Postal Service, or is delivered to an employee of the Foundation authorized to accept possession of the Application and Agreement, or the date that the property is delivered to and accepted by the Foundation. Life insurance and life income interests will be considered delivered when recorded on the books of the issuer of rights and ownership.

Tangible and Intangible Personal Property. The Gift Date gift date is the later of the date that the Completed Application and Donor(s) or Donor(s)’ agent places the completed Agreement is postmarked by in the United States Postal ServiceU.S. postal system, or is delivered delivers the same to an employee of the Foundation authorized to accept possession of the Application and Agreement, or the date that the property is delivered to and accepted by the Foundation. Life insurance and life income interests will be considered delivered when recorded on the books of the issuer of rights and ownership.