Common use of Tax-Exempt Activities Clause in Contracts

Tax-Exempt Activities. So long as this Agreement shall be in effect, the Ministry shall conduct all of its activities and operations, and use the charitable gift portion of any Annuities distributed to the Ministry, or, if reinsured, use the present value of the otherwise-anticipated future proceeds of such gift portion, in a manner that:

Appears in 3 contracts

Samples: Engagement Agreement, Engagement Agreement, Engagement Agreement

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Tax-Exempt Activities. So long as this Indemnity Agreement shall be in effect, the Ministry shall conduct all of its activities and operations, and use the charitable gift portion of any Annuities distributed to the Ministry, or, if reinsured, use the present value of the otherwise-anticipated future proceeds of such gift portion, in a manner that:

Appears in 1 contract

Samples: Indemnity Agreement

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