Common use of Tax Exempt Activity Limitations Clause in Contracts

Tax Exempt Activity Limitations. SWE is prohibited from engaging in certain activities that are specified in the applicable tax laws. For example, SWE as a tax-exempt organization is prohibited from participating in or intervening in any political campaign on behalf of or in opposition to a candidate for public office. The Section shall not engage in activities that are not tax exempt under IRS 501(c)3 and shall seek guidance from SWE in connection with Section activities and the applicability of IRS 501(c)3.

Appears in 4 contracts

Samples: Section Agreement, Section Agreement, Section Agreement

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