Not For Profit Organisation definition

Not For Profit Organisation means a Provider that we recognise as aiming not to make a profit from performing Contract Work;

Not For Profit Organisation means a CLA Provider that we recognise as aimingnot to make a profit from performing Contract Work;

Not For Profit Organisation means a Provider that we recognise as aiming notto make a profit from performing Contract Work;

Examples of Not For Profit Organisation in a sentence

• If an Insured incurs both Loss covered by this Policy and Loss not covered by this Policy (either because a Claim is made against both Insured Persons and the Not For Profit Organisation or because a Claim includes both Loss which is covered and that which is not) the Company shall negotiate in good faith with the Insured to determine a fair and reasonable allocation of the Loss taking into account the relative legal exposures of the parties with respect to covered and uncovered Loss.

• Furthermore no cover will be provided for the Not For Profit Organisation where the Not For Profit Organisation has a requirement, legally or otherwise, to indemnify such Insured Persons whom had such knowledge of misrepresentation or non-disclosure.

• Not For Profit Organisation Limit of Liability unless specified otherwise below.

• The Not For Profit Organisation shall not have to provide the Company with any particulars of the new Subsidiary until the next renewal date following creation or acquisition of the Subsidiary, provided always that if such new Subsidiary employs any person in the USA, then the provisions of Policy Condition A.

• In the event that any Insured Person Retires as a Trustee from the Not For Profit Organisation prior to the expiry of the Policy Period such Insured Person shall be entitled to a free Discovery Period for a period of 72 months after the expiry of the Policy Period, provided always that this Discovery Period shall not apply where the Policyholder renews or replaces this Policy (whether with the Company or otherwise) or where a Discovery Period has been activated in accordance with Policy Condition G.

More Definitions of Not For Profit Organisation

Not For Profit Organisation means a Provider that we recognise as aiming not tomake a profit from performing Contract Work;

Not For Profit Organisation means an organisation that is, and is required by its constituent document(s), to be carried on other than for the profit or gain of its individual members, both during the time it is operating and at the time of its winding up, and that possesses the characteristics prescribed by the Australian Taxation Office for recognition as such an organisation;

Not For Profit Organisation means a Provider that we recognise as aiming not to

Not For Profit Organisation means an entity that is prohibited or prevented from distributing any of its profits or assets to its members during its lifetime or upon its winding up by virtue of a written constitution.

Not For Profit Organisation means an organisation registered as such with the Financial Services Commission;

Not For Profit Organisation means a body, organisation or association —

Not For Profit Organisation means a non-commercial organisation, including a religious organisation or a sporting group, in which any profit made by the organisation goes back into the operation of that organisation and is not distributed to any of its members.