Bequests definition

Bequests means donations received through the donor’s will or other testamentary instrument.
Bequests means donations received through the donor’s will or other testamentary instruments.

Examples of Bequests in a sentence

  • Supervised Persons are subject to and must comply with the policy on Gifts, Bequests, Meals, Entertainment and Loans from clients or vendors contained in the Northern Trust Corporation Guidelines Relating to Standards of Conduct.

  • The District has received requests to accept gifts or donations of the following: The acceptance of these donations meets all requirements of Board Policy 3290, Gifts, Donations, Grants, and Bequests.

  • Bequests are recorded as revenue at the time the Organization has an established right to the bequest and the proceeds are measurable.

  • Bequests in excess of US$100 are subject to the approval of the employee's immediate supervisor and Compliance.

  • Bequests Bequests that satisfy the definition of an asset are recognised as assets and revenue when it is probable that the future economic benefits or service potential will flow to the municipality, and the fair value of the assets can be measured reliably.

  • Subject to federal rules, allowable deductions may include all or a part of:• Funeral expenses and expenses incurred in administering property subject to claims;• Debts of the decedent;• Mortgages and liens;• Net losses during administration;• Expenses incurred in administering property not subject to claims;• Bequests, etc., to surviving spouse; or• Charitable, public, and similar gifts and bequests.Attach a complete description of your allowable deductions.

  • Supervised Persons are subject to and must comply with the policy on Gifts, Bequests, Meals, Entertainment and Loans from clients or vendors contained in the Northern Trust Corporation Standards of Conduct.

  • Steger and Timo Trimborn, Quantifying Optimal Growth Policy, June 2010 3093 Huw David Dixon, A Unified Framework for Using Micro-Data to Compare Dynamic Wage and Price Setting Models, June 2010 3094 Helmuth Cremer, Firouz Gahvari and Pierre Pestieau, Accidental Bequests: A Curse for the Rich and a Boon for the Poor, June 2010 3095 Frank Lichtenberg, The Contribution of Pharmaceutical Innovation to Longevity Growth in Germany and France, June 2010 3096 Simon P.

  • Donations and Other Bequests Donations and bequests are recognised as revenue when received.

  • Contributions: Bequests, grants, and funds received from members are accounted for as contributions.

Related to Bequests

  • Gift means any gratuity, discount, entertainment, hospitality, loan, forbearance, or other tangible or intangible item having monetary value including, but not limited to, cash, food and drink, and honoraria for speaking engagements related to or attributable to government employment or the official position of an officer or employee.

  • Lifetime means the time period over which Energy Savings will be delivered and for the purposes of Schedules B, C, D, E, and G are for reference only, as the relevant time period is already taken into account in the savings factors in those Schedules.

  • Child or Children means a child or children unmarried

  • Acquired used as a verb shall have a correlative meaning.

  • Purchases On the settlement date for the purchase (or earlier, if market practice requires delivery of the purchase price before the settlement date), Bank will debit the Cash Account for the settlement amount and credit a separate account at the Bank. Bank then will post the Securities Account as awaiting receipt of the expected Financial Assets. Customer will not be entitled to the Financial Assets that are awaiting receipt until Bank or a Subcustodian actually receives them. Bank reserves the right to restrict in good faith the availability of contractual settlement date accounting for credit or operational reasons.

  • Devise means, when used as a noun, a testamentary disposition of real or personal property and, when used as a verb, to dispose of real or personal property by will.

  • Gifts means, for purposes of this Policy, money, advances, personal services, gratuities, loans, extensions of credit, forgiveness of debts, memberships, subscriptions, travel, meals, charitable donations, refreshments, hospitality, promises, discounts or forbearance that are not generally available to members of the public. A Gift need not be intended to influence or reward an Employee.

  • Assign means to directly or indirectly sell, transfer, assign, distribute, exchange, pledge, hypothecate, mortgage, grant a security interest in, encumber or otherwise dispose of Registrable Securities, whether voluntarily or by operation of law, including by way of a merger. “Assignor,” “Assignee,” “Assigning” and “Assignment” have meanings corresponding to the foregoing.

  • Permitted Assign means, for a person that is an employee, executive officer, director or consultant of an issuer or of a related entity of the issuer,

  • Permitted Assigns means a Transferee of shares of Common Stock that agrees to become party to, and to be bound to the same extent as its Transferor by the terms of, this Agreement.

  • Not Domestic Law means any obligation that is not governed by the laws of (A) the relevant Reference Entity, if such Reference Entity is a Sovereign, or (B) the jurisdiction of organisation of the relevant Reference Entity, if such Reference Entity is not a Sovereign.

  • Qualified Domestic Relations Order means any judgment, decree, or order, including approval of a property settlement agreement, that:

  • Transferred shall have a correlative meaning.

  • Related Rights has the meaning set forth in Section 1.1 of the Purchase and Sale Agreement.

  • Permitted Assignee means (a) with respect to a partnership, its partners or former partners in accordance with their partnership interests, (b) with respect to a corporation, its stockholders in accordance with their interest in the corporation, (c) with respect to a limited liability company, its members or former members in accordance with their interest in the limited liability company, (d) with respect to an individual party, any Family Member of such party, (e) an entity that is controlled by, controls, or is under common control with a transferor, or (f) a party to this Agreement.

  • Guardian in respect of a Minor shall mean the person(s) appointed as the guardian(s) under or acting by virtue of the Guardianship of Minors Ordinance (Cap 13. of the Laws of Hong Kong).

  • Encumber “Encumbering,” or “Encumbrance” means the creation of a security interest, lien, pledge, mortgage or other encumbrance, whether such encumbrance be voluntary, involuntary or by operation of Applicable Law.

  • NQSO means any Option that is not an ISO.

  • Executor means any executor, administrator or other person administering the estate of a deceased person;

  • School or We or Us means Notre Dame School Cobham as now or in the future constituted (and any successor). The School is constituted as a charitable company limited by guarantee.

  • Not Domestic Issuance means any obligation other than an obligation that was, at the time the relevant obligation was issued (or reissued, as the case may be) or incurred, intended to be offered for sale primarily in the domestic market of the relevant Reference Entity. Any obligation that is registered or qualified for sale outside the domestic market of the relevant Reference Entity (regardless of whether such obligation is also registered or qualified for sale within the domestic market of the relevant Reference Entity) shall be deemed not to be intended for sale primarily in the domestic market of the Reference Entity.

  • Purchase means taking by sale, lease, discount, negotiation, mortgage, pledge, lien, security interest, issue or reissue, gift, or any other voluntary transaction creating an interest in property.

  • Permitted Assignees shall have the meaning set forth in Section 3(e) hereto;

  • Acquire means procure with appropriated funds by and for the use of NASA through purchase or lease. “Entity owned, directed or subsidized by the People’s Republic of China” means any organization incorporated under the laws of the People’s Republic of China.

  • Encumbered shall have corresponding meanings.

  • Restricted rights, as used in this clause, means the rights of the Government in restricted computer software, as set forth in a Restricted Rights Notice of paragraph (g) if included in this clause, or as otherwise may be provided in a collateral agreement incorporated in and made part of this contract, including minor modifications of such computer software.