Mutual Benefit definition

Mutual Benefit means equality and respect within the relationship between the partners and agreements in which both parties gain value.
Mutual Benefit means parties are respected as independent jurisdictions and in an agreed upon situation both parties gain value.
Mutual Benefit corporation means a corporation which is organized to provide benefits for their members or a small group of people, and does not come within the definition of public benefit or religious corporation. These corporations are not tax-exempt under 501(c)(3), but may be tax-exempt under some other section of law.

Examples of Mutual Benefit in a sentence

  • In addition, those members shall have all rights afforded members under the California Nonprofit Mutual Benefit Corporation Law.

  • This corporation is a nonprofit mutual benefit corporation organized under the California Nonprofit Mutual Benefit Corporation Law.

  • The Corporation is a nonprofit mutual benefit corporation organized under the Nonprofit Mutual Benefit Corporation Law of the State of California.

  • This corporation is a nonprofit Mutual Benefit Corporation organized under the Nonprofit Mutual Benefit Corporation Law.

  • Every action taken or decision made by a majority of the Directors present a duly held meeting at which a quorum is present shall be the act of the Board, subject to any more stringent requirements as may be contained in the California Nonprofit Mutual Benefit Corporation Law or these Bylaws.


More Definitions of Mutual Benefit

Mutual Benefit means: “mutual” – belonging to each of several; “benefit” – the pursuit of regional advantage and advancement. Achieving mutual benefit means engaging in regular and ongoing communications; establishing agreements that maintain or enhance regional services, assets and programs; and through both, improving the social, economic and environmental well-being of the region.
Mutual Benefit means the resignation of a Participant from employment with the Company Group following the occurrence of one or more of the events set forth in clauses (i) through (iv) below without the prior written consent of the Participant, provided that (A) the Participant delivers written notice to the member of the Company Group that employs such Participant and to the Vice President of Human Resources of Covanta of his or her intention to resign from employment due to one or more of such events, which notice specifies in reasonable detail the circumstances claimed to provide the basis for such resignation, and (B) such event or events are not cured by the Company Group (or such member) within fifteen (15) days following delivery of such written notice to such member and the Vice President of Human Resources of Covanta:
Mutual Benefit corporation means a corporation which does not come within the definition of public benefit or religious corporation.
Mutual Benefit means equality and respect within the relationship between the municipalities and agreements in which each municipality gains value.
Mutual Benefit is defined in the Recitals.
Mutual Benefit. The parties expressly state that this agreement is the result of negotiations and mutual concessions between them, which are to their mutual benefit.
Mutual Benefit means that nations should meet the objective demands for social progress in the time of globalization, respect the security interests of one another and try to create conditions favourable to the realization of security of others while pursuing security interests of their own with a view to realizing common security.