Designated Charity definition

Designated Charity means any one or more organizations described in Sections 501(c)(3) and 170(c) of the Code, as may be designated by the Board of Directors from time to time to receive any Charitable Proceeds.
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Designated Charity means any one or more organizations described in Sections 501
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Designated Charity shall have the meaning given it in Section 15(c) of the Agreement.
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Examples of Designated Charity in a sentence

  • If the Board of Directors determines that continued payments for the designated organization have become unnecessary, obsolete, incapable of fulfillment, impractical or inconsistent with the community's charitable needs the Board may, in its discretion, select an alternative public charity with a similar mission and charitable purpose of the original Designated Charity as specified in the instrument of transfer or convert the Designated Fund to an Unrestricted Fund or Field of Interest Fund.

  • The Designated Agent shall have the exclusive right to vote all shares of Excess Stock as the attorney-in-fact for the Designated Charity.

  • Any Excess Liquidation Proceeds shall be paid to the Designated Charity.

  • If the Board of Trustees determines that continued payments for the designated organization have become unnecessary, obsolete, incapable of fulfillment, impractical or inconsistent with the community's charitable needs the Board may, in its discretion, select an alternative public charity with a similar mission and charitable purpose of the original Designated Charity as specified in the instrument of transfer or convert the Designated Fund to an Unrestricted Fund or Field of Interest Fund.

  • The Donor (or any person nominated by the Donor and acceptable to the Foundation) (the “Advisor”) may from time to time submit recommendations to the Foundation concerning the distribution of income to the Designated Charity for general charitable uses and purposes, subject to the Foundation’s spending policy with regard to permanent or endowed funds.

  • Any Resale Proceeds or Sales Proceeds in excess of the amount allocable to the Purported Acquiror pursuant to the preceding sentence, together with any Prohibited Distributions (such excess amount and Prohibited Distributions are collectively the "Subject Amounts"), shall be transferred to an entity designated by the Corporation that is described in Section 501(c)(3) of the Internal Revenue Code (the "Designated Charity").

  • The Donor or any person described in Section 4966(d)(2)(A)(iii) of the Code (i.e., Donor or persons appointed or designated by Donor), or persons related to such persons, shall not have a right to advise the Foundation to make distributions from the Fund to any organization or entity other than the Designated Charity.

  • To optimize the time and resources of communications staff, GTI has outlined three specific components through which staff will achieve the communications objectives of the activity, as well as a short list of immediate start-up activities.

  • Donor will pay its Donation to the Designated Charity in one lump some payment.

  • The parties do not intend to create or confer any rights on the Designated Charity as a third-party beneficiary of this Agreement.


More Definitions of Designated Charity

Designated Charity means a charity (as defined by section 2(1) of the Charities Act 1994) which has been designated by the Minister or an authorised body for the purpose of this section;
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Designated Charity means a fund, authority or institution which is:
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Related to Designated Charity

  • Designated caregiver means a person who:

  • Designated country means any of the following countries:

  • Registered Charity means a charity that is registered under the ACNC Act.

  • 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;

  • Enrolled Nurse means an employee:

  • Designated Company means any Subsidiary or Affiliate that has been designated by the Administrator from time to time in its sole discretion as eligible to participate in the Plan. For purposes of the 423 Component, only the Company and its Subsidiaries may be Designated Companies, provided, however that at any given time, a Subsidiary that is a Designated Company under the 423 Component will not be a Designated Company under the Non-423 Component.

  • PCP means Primary Care Provider.

  • Participating Marriage and Family Therapist means a Marriage and Family Therapist who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Participating Country’ means any country that the Association determines meets the requirements set forth in Section 11 of Resolution No. 194 of the Board of Governors of the Association, adopted on April 8, 1999; and ‘Participating Countries’ means, collectively, all such countries."; and (b) The second sentence of Section 5.01 is modified to read: "Except as the Borrower and the Association shall otherwise agree, no withdrawals shall be made: (a) on account of expenditures in the territories of any country which is not a Participating Country or for goods produced in, or services supplied from, such territories; or (b) for the purpose of any payment to persons or entities, or for any import of goods, if such payment or import, to the knowledge of the Association, is prohibited by a decision of the United Nations Security Council taken under Chapter VII of the Charter of the United Nations." Section 1.02. Unless the context otherwise requires, the several terms defined in the General Conditions and in the Preamble to this Agreement have the respective meanings therein set forth and the following additional terms have the following meanings:

  • Alternative education program means a school or separate class group designed to best serve students’ educational needs and interests and assist students in achieving the academic standards of the district and the state.

  • Qualified personnel means personnel who meet the statutory or regulatory qualifications for each respective profession currently applicable in this state.

  • Designated Computer means the computers and the upgraded computers thereof installed in the offices of the Licensee.

  • Enrolled student means a person that has officially registered with the school or school district and is taking part in the educational program.

  • Designated Employees means a person occupying any of the following position in the Company:

  • Designated Center means a State Development and Redevelopment Plan Center as designated by the State Planning Commission such as urban, regional, town, village, or hamlet.

  • Participating Countries means, collectively, all such countries.”

  • Qualified patient means a competent adult who is a resident of this State and who has satisfied the requirements of this Act in order to obtain a prescription for medication that the qualified patient may self-administer to end the qualified patient's life in a humane and dignified manner.[PL 2019, c. 271, §4 (NEW).]

  • Eligible patient means an individual who meets all of the following conditions:

  • Recovery Act designated country means any of the following countries:

  • Company's Personnel means the personnel to be provided by OIL or OIL's Contractor (other than the Contractor executing the Contract). The Company representatives of OIL are also included in the Company's personnel.

  • Participating Prosthetic Provider means a Prosthetic Provider who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Designated Entity shall have the same meaning provided in the Operating Agreement.

  • Participating Certified Nurse-Midwife means a Certified Nurse-Midwife who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Designated Employee means an employee who has been designated by the school to receive complaints of hazing, harassment and bullying pursuant to subdivision 16 V.S.A. 570a(a)(7). The designated employees for each school building are identified in Appendix A of this policy.

  • Drug-dependent person means a person who is using a

  • Participating physician means a physician licensed in Virginia to practice medicine, who practices