Endowment Holder definition

Endowment Holder means an entity qualified to hold the Endowment Fund pursuant to Government Code §§ 65965-65968 and is otherwise approved by the IRT.
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Endowment Holder means either CDFW or another entity qualified to hold the Endowment Fund pursuant to Government Code §§ 65965-65968 and is otherwise approved by the IRT.
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Endowment Holder means the Grand Foundation or, if the Grand Foundation is unable or unwilling to serve in such capacity, another entity selected by the non-Federal Party after consultation with BLM to hold and administer the Endowment as a fiduciary on the terms of the Endowment Agreement.
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Examples of Endowment Holder in a sentence

  • Endowment Deposits received by the Endowment Holder shall be deposited into the Endowment Fund.

  • Annual Inflation Adjustments to Endowment Fund ReportBy April 1st of each year following the Bank Establishment Date and until the Endowment Amount is 100% funded, the Bank Sponsor shall report to the IRT and the Endowment Holder, in hard copy, in editable electronic format, and uploaded to RIBITS the following:The adjusted Endowment Amount determined in accordance with Section VI.E.2.The resulting adjusted Endowment Deposit amounts.

  • Endowment Deposits received by the Endowment Holder shall be deposited into the Endowment Fund, held in trust, and administered in strict accordance with the Government Code Sections 65965-65968, Probate Code sections 18501-18510, and the Endowment Agreement.

  • The Endowment Holder may impose any administrative rules, forms, procedures or requirements that it determines to be consistent with its obligations under applicable law in connection with requests to disburse amounts from the Endowment.

  • In support of the Endowment Fund, the Endowment Holder is responsible for investing, managing and distributing funds annually to the Conservancy as a non-wasting corpus.

  • Prior to receipt of initial Endowment Deposit from the Bank Sponsor, CDFG staff must review and approve an application from the Endowment Holder to hold a conservation easement for mitigation lands under Government Code Section 65965 as well as their qualifications to hold mitigation funds to manage those lands.

  • Endowment Deposits received by the Endowment Holder are to be invested, managed, and dispersed per the terms of the Trust Agreement (Exhibit D-3).

  • The Endowment shall provide that it may be commingled with other Endowment Holder funds for investment purposes, but it shall be accounted for as a Donor Advised Fund and shall be subject to the Endowment Agreement.

  • An Endowment Agreement will be entered into between the Project Administrator and a designated non-profit organization (Endowment Holder), and the Project Administrator will require each Developer to contribute funds for purposes of managing and maintaining the conservation lands and the solar project lands on a long-term basis (managing and monitoring during the Project’s life will be on a “pay-as-you-go” arrangement).

  • The Endowment Holder will be responsible for managing the endowment and the disbursement of management funds from the endowment in accordance with Long Term Habitat Management Plan and the Endowment Agreement.


More Definitions of Endowment Holder

Endowment Holder means either CDFW or another entity qualified to hold the Endowment Fund pursuant to Government Code sections 65965-65968.
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Endowment Holder means either CDFW or another entity qualified to hold the Endowment Funds pursuant to Government Code sections 65965-65968. In this case the endowment holder will be the San Diego Foundation.
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Endowment Holder means an entity qualified to hold the Endowment Fund pursuant to Government Code sections 65965-65968.
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Related to Endowment Holder

  • Entitlement Holder shall have the meaning specified in Section 8-102 of the UCC.

  • Account Holder The term “Account Holder” means the person listed or identified as the holder of a Financial Account. A person, other than a Financial Institution, holding a Financial Account for the benefit of another person as an agent, a custodian, a nominee, a signatory, an investment advisor, an intermediary, or as a legal guardian, is not treated as the Account Holder. In these circumstances that other person is the Account Holder. For example in the case of a parent/child relationship where the parent is acting as a legal guardian, the child is regarded as the Account Holder. With respect to a jointly held account, each joint holder is treated as an Account Holder.

  • Contract holder means the person to whom the Benefit Plan is issued. Any other person approved for coverage with the Contract Holder under this plan is a dependent. Under Group coverage, the Contract Holder is the Member who is eligible for coverage because of his or her affiliation with a Group.

  • Constituent Holder means any stockholder, collective investment fund included within a Qualifying Fund (as defined in paragraph (D) below) or beneficial holder whose stock ownership is counted for the purposes of qualifying as holding the Proxy Access Request Required Shares (as defined in paragraph (D) below) or qualifying as an Eligible Stockholder (as defined in paragraph (D) below);

  • Founder means, in respect of an issuer, a person who,