Charitable Transfer definition

Charitable Transfer. Any Disposition of Covered Securities by a Xxxxxx Stockholder to the Xxxxxx Foundation, any other Charitable Transferee, the Xxxxxx Unitrust or any other Qualified Trust that is not an Exempt Transfer pursuant to clause (vii) of the definition of Exempt Transfer; provided, however, that any such transferee shall, by a written instrument in form and substance reasonably satisfactory to TCITP, agree to be bound by the provisions of this Agreement with respect to the Covered Securities that are the subject of such Charitable Transfer to the same extent as the Xxxxxx Stockholder making such Disposition.
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Charitable Transfer means a Transfer of capital stock of the Company to an organization exempt from taxation under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, provided that the Person does not retain any economic or other interest in the shares.
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Charitable Transfer means a distribution of Shares to an Affiliate or to a member, partner or employee of such Affiliate in connection with a bona fide gift to a Charitable Organization and the associated transfer to such Charitable Organization.
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Examples of Charitable Transfer in a sentence

  • Notwithstanding anything in this Section 2 to the contrary, each Party acknowledges and agrees that after the consummation of any Charitable Transfer in accordance with the terms hereof, the Shares subject to such Charitable Transfer shall no longer be subject to this Agreement.

  • Xxxxxxx and Energizer shall cooperate fully and use their best efforts to satisfy the conditions of the Charitable Transfer.

  • Energizer shall cause the Energizer Charitable Foundation to assume, as of the Distribution Date, the obligation to pay certain pledge commitments of the Xxxxxxx Purina Charitable Fund as set forth in Schedule 2.07; provided however, that the present value as of the Distribution Date, as determined by the Xxxxxxx Trustee, of such pledge commitments assumed by the Energizer Charitable Foundation shall be no greater than the Charitable Transfer Amount.

  • The date of such transfer shall be the "Charitable Transfer Date." The Charitable Transfer Amount shall include earnings (taking into account any appreciation or depreciation of the assets) for the period from the Distribution Date to the Charitable Transfer Date (the "Earnings Period"), net of a proportionate share of related investment fees, expenses and any taxes incurred by the Xxxxxxx Purina Charitable Fund for the Earnings Period.

  • Any pledge commitments entered into by the Energizer Charitable Foundation subsequent to the Distribution Date shall be the sole obligation of the Energizer Charitable Foundation and shall not be satisfied prior to the Charitable Transfer Date with any assets held by the Xxxxxxx Purina Charitable Fund on behalf of the Energizer Charitable Foundation.

  • No Xxxxxx Stockholder shall Dispose of any Xxxxxx Holdco Shares, except in an Exempt Transfer or a Charitable Transfer.

  • Language Family Description Ethnic sub-groups in the Project Area 35Table 9.

  • For Assets held at financial institutions other than Charles Schwab & Co., Inc., please complete the attached Schwab Charitable Transfer of Assets form.

  • Ayes 5 Nays 0 15.N. Resolution Authorizing the Charitable Transfer of Certain Surplus Personal Property (Resolution #072115B).

  • Ayes 5 Nays 0 15.E. Consideration of Approval of Resolution Authorizing the Charitable Transfer of Certain Surplus Personal Property (Resolution No. 012015A)Member Kane moved, with a second by Member Jackson, to approve Resolution #012015A.


More Definitions of Charitable Transfer

Charitable Transfer means a Transfer by a Stockholder to a Charitable Transferee pursuant to Section 3.02(b) below.
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Related to Charitable Transfer

  • Charitable trust means any trust provided for in Section 8.2(a)(ii) and Section 8.3(a).

  • Charitable Trustee means each Person, unaffiliated with the Trust and a Prohibited Owner, that is appointed by the Trust from time to time to serve as a trustee of a Charitable Trust as provided by Section 8.3(a).

  • Charitable Institution shall refer to an organization described in section 501(c)(3) of the Code (or any corresponding provision of a future United State Internal Revenue law) which is exempt from income taxation under section 501(a) thereof; and (iii) “presumptive remaindermen” shall refer to those Persons entitled to a share of a trust’s assets if it were then to terminate.

  • Charitable gaming or "charitable games" means those raffles and games of chance explicitly

  • Charitable purpose means a charitable purpose under section 7 of the Charities and Trustee Investment (Scotland) Act 2005 which is also regarded as a charitable purpose in relation to the application of the Taxes Acts;

  • Charitable purposes means the relief of poverty; the improvement of health through the alleviation of illness, disease, or injury; the operation of an organization exclusively for the provision of professional, laundry, printing, and purchasing services to hospitals or charitable institutions; the operation of a home for the aged, as defined in section 5701.13 of the Revised Code; the operation of a radio or television broadcasting station that is licensed by the federal communications commission as a noncommercial educational radio or television station; the operation of a nonprofit animal adoption service or a county humane society; the promotion of education by an institution of learning that maintains a faculty of qualified instructors, teaches regular continuous courses of study, and confers a recognized diploma upon completion of a specific curriculum; the operation of a parent-teacher association, booster group, or similar organization primarily engaged in the promotion and support of the curricular or extracurricular activities of a primary or secondary school; the operation of a community or area center in which presentations in music, dramatics, the arts, and related fields are made in order to foster public interest and education therein; the production of performances in music, dramatics, and the arts; or the promotion of education by an organization engaged in carrying on research in, or the dissemination of, scientific and technological knowledge and information primarily for the public.

  • Charitable contribution means any donation or gift of money or any other thing of value.

  • Permitted Transfer has the meaning set forth in Section 10.02.

  • Exempt Transfer means, in relation to shares held by a member:

  • Eligible Transferee means and include a commercial bank, financial institution or other "accredited investor" (as defined in Regulation D of the Securities Act).

  • Permitted Transfers has the meaning set forth in Section 4.2.17(d).

  • Charitable sales promotion means an advertising or sales campaign, conducted by a commercial co-venturer, which represents that the purchase or use of goods or services offered by the commercial co-venturer will benefit, in whole or in part, a charitable organization or purpose.

  • Prohibited Transferee means any of the Persons listed on Schedule I attached to this Agreement.

  • Charitable organization means a charitable organization as described by Section 501(c)(3) of the Internal Revenue Code of 1986, as in effect from time to time.

  • Prohibited Transfer means any Transfer or purported Transfer of Corporation Securities to the extent that such Transfer is prohibited and/or void under this Article IX.

  • Charitable Beneficiary means one (1) or more beneficiaries of the Trust as determined pursuant to Section 5.9(iii)(f), provided that each such organization must be described in Section 501(c)(3) of the Code and contributions to each such organization must be eligible for deduction under each of Sections 170(b)(1)(A), 2055 and 2522 of the Code.

  • Title Transfer means the transfer of title to Gas between two (2) Shippers at a Delivery Point, provided that each such party has executed a Transportation Service Agreement, or the transfer of title to Gas between two (2) Shippers at ATP, provided each such party has executed either a Transportation Service Agreement or a Title Transfer Agreement.

  • Qualified Transferee means an “accredited investor” as defined in Rule 501 promulgated under the Securities Act.

  • Permitted Transferee Any Transferee of a Residual Certificate other than a Disqualified Organization or Non-United States Person.

  • Affiliate Transferee has the meaning set forth in Section 3.2(a).

  • Restricted Fund means a fund in which the use of the principal or principal and income is restricted by agreement with, or direction by, the donor to a specific purpose. Restricted fund does not include a fund over which the owner has complete control. The owner is deemed to have complete control over a fund that is to be used for general operating or building purposes.

  • Affiliate Transfer is defined in Section 7.03(a)(i).

  • Permitted Transferees means a person or entity to whom a Holder of Registrable Securities is permitted to transfer such Registrable Securities prior to the expiration of the Founder Shares Lock-up Period or Private Placement Lock-up Period, as the case may be, under the Insider Letter and any other applicable agreement between such Holder and the Company, and to any transferee thereafter.

  • Charity means a body which is either a “Scottish charity” within the meaning of section 13 of the Charities and Trustee Investment (Scotland) Act 2005 or a “charity” within the meaning of section 1 of the Charities Act 2006, providing (in either case) that its objects are limited to charitable purposes;

  • Prohibited Distributions means any and all dividends or other distributions paid by the Corporation with respect to any Excess Securities received by a Purported Transferee.

  • Non-Permitted Transferee A Person other than a Permitted Transferee.