Substantial gift definition

Substantial gift means a gift, the value of which exceeds $5,000.00 as a result of a single governing instrument or 2 or more related governing instruments.
Sample 1Sample 2Sample 3
Substantial gift in relation to a company means making voluntary contributions to any charitable or other fund, other than a pension fund for the benefit of employees of the company or a related corporation, of any amounts which, in any financial year, will in the aggregate exceed P100,000, or two per cent of the net profits of the company for the last preceding financial year, whichever is the lesser.
Sample 1Sample 2Sample 3
Substantial gift means, but is not limited to, (i) goods or services that are given or offered to an employee and that have a fair market value of more than $100 (without regard to the cost to the donor); and (ii) a loan made on preferential terms. A Substantial Gift does not include business courtesies such as meals, entertainment and access to other events, to or from a third party, when the third party is present and circumstances surrounding such event have a clear business purpose, e.g., talking business over a meal or during an event sponsored and attended by a third party.ANNEX BCONFLICT OF INTEREST QUESTIONNAIREName: Position: Instructions for completing this form: Answer each question to the best of your ability. Initial each page and sign your name on the last page. In answering questions, you may attach additional pages to provide the requested information. Farmer Mac will use the information you provide in this form to ascertain relationships, financial interests, and activities that are potential conflicts of interest. It is better to be over- inclusive than to omit what could be important information. If you have any doubt about whether to include information, please contact the Legal Department. FINANCIAL INTERESTS AND EMPLOYMENTIn your response to this section, please list any entity (as defined in Farmer Mac’s Code of Business Conduct and Ethics) that meets both of the following conditions:
Sample 1Sample 2

Examples of Substantial gift in a sentence

  • Substantial gift to charity, using asset that would otherwise be "double-taxed" when passing to family.


More Definitions of Substantial gift

Substantial gift means, but is not limited to, (i) goods or services that are given or offered to an employee and that have a fair market value of more than $100 (without regard to the cost to the donor); and (ii) a loan made on preferential terms. A Substantial Gift does not include business courtesies such as meals, entertainment and access to other events, to or from a third party, when the third party is present and circumstances surrounding such event have a clear business purpose, e.g., talking business over a meal or during an event sponsored and attended by a third party.
Sample 1Sample 2
Substantial gift means a gift, donation, or other
Sample 1Sample 2
Substantial gift means a gift, donation, or other consideration sufficient to
Sample 1
Substantial gift means, but is not limited to, (i) goods or services that are given or offered to an employee and that have a fair market value of more than $100 (without regard to the cost to the donor); and (ii) a loan made on preferential terms. A Substantial Gift does not include business courtesies such as meals, entertainment and access to other events, to or from a third party, when the third party is present and circumstances surrounding such event have a clear business purpose, e.g., talking business over a meal or during an event sponsored and attended by a third party. A-#PageNum# ANNEX B CONFLICT OF INTEREST QUESTIONNAIRE Name:Position:FINANCIAL INTERESTSList all corporations, companies, firms, or other business enterprises, partnerships, nonprofit organizations and educational or other institutions in which you, your spouse, parent, child, sibling, relative (blood and in-law relations) or anyone (other than employees) who is a resident of your household have any continuing financial interest as an employee, officer, owner, director, trustee, member, partner, advisor, or consultant; through a self-directed pension or retirement plan, or shared income plan or other arrangement as a result of any current or prior employment or business or professional association; or in the ownership of stock, stock options, bonds, securities or other arrangements including trusts. If you have none, write NONE. DO NOT LIST: (i) shares in any entity if the amount of the ownership interest in such entity is less than 5% unless the entity is a financial institution, financial services entity or other entity that does material business with, or in your good faith judgment, qualifies to do material business with, Farmer Mac; (ii) deposits in credit unions, savings and loan associations, banks, savings banks, or social or religious organizations; or (iii) holdings in mutual funds or regulated investment companies which do not specialize in a particular industry or commodity and as to which you have no managerial control. B-#PageNum# CREDITORS List the names of your, your spouse’s, your minor child’s or any relative’s (blood and in-law relations who are residents in your household) creditors. DO NOT LIST those to whom any of the above may be indebted: (1) by reason of a mortgage on property which is occupied as a personal residence (indebtedness on owner-occupied farms must be reported); or (2) for current and ordinary household and living expenses, such as household furnishings, automo...
Sample 1
Substantial gift means worth more than fifty dollars ($50.00) on an annual basis. “Substantial gift” does not include items received for expenses that would otherwise be reimbursable by the City government as legitimate business expenses.
Sample 1
Substantial gift. MEANS A GIFT, DONATION, OR OTHER CONSIDERATION SUFFICIENT TO INFLUENCE A PERSON TO ACT IN A SPECIFIC MANNER. THE TERM DOES NOT INCLUDE A GIFT OF NOMINAL VALUE SUCH AS REASONABLE ENTERTAINMENT OR HOSPITALITY OR AN EMPLOYER'S REWARD TO AN EMPLOYEE FOR WORK PERFORMED.
Sample 1

Related to Substantial gift

  • Substantial Block means a number of shares of Voting Stock which have 10% or more of the aggregate voting power of all outstanding shares of Voting Stock.

  • Substantial action means adopting, publicizing, and implementing a formal plan to cease scrutinized business operations within 1 year and to refrain from any new business operations.

  • Substantial Owner means any person or persons who own or hold a twenty-five percent (25%) or more percentage of interest in any business entity seeking a FPDCC Privilege, including those shareholders, general or limited partners, beneficiaries and principals; except where a business entity is an individual or sole proprietorship, Substantial Owner means that individual or sole proprietor.

  • substantial owners means any individuals entitled to more than 10% of the profits of or with an interest of more than 10% in an entity either directly or indirectly.

  • Substantial Holder means a Person (including, without limitation, any group of Persons treated as a single “entity” within the meaning of the Treasury Regulation Section 1.382-3) holding Corporation Securities, whether as of the Effective Date, after giving effect to the Plan, or thereafter, representing a Percentage Stock Ownership (including indirect ownership, as determined under applicable Treasury Regulations) in the Corporation of at least 4.75%.

  • Substantial damage means damage of any origin sustained by a structure whereby the cost of restoring the structure to its before damaged condition would equal or exceed 50 percent of the market value of the structure before the damage occurred.

  • Substantial business relationship means the extent of a business relationship necessary under applicable state law to make a guarantee contract issued incident to that relationship valid and enforceable. A guarantee contract is issued "incident to that relationship" if it arises from and depends on existing economic transactions between the guarantor and the owner or operator.

  • Substantial improvement means any combination of repairs, reconstruction, rehabilitation, addition, or other improvement of a structure, taking place during any one-year period for which the cost equals or exceeds 50 percent of the market value of the structure before the “start of construction” of the improvement. This term includes structures which have incurred “substantial damage”, regardless of the actual repair work performed. The term does not, however, include either:

  • Substantial cause means Employee’s (1) failure to substantially perform Employee’s duties; (2) material breach of this Agreement; (3) misconduct, including but not limited to, use or possession of illegal drugs during work and/or any other action that is damaging or detrimental in a significant manner to the Company; (4) conviction of, or plea of guilty or nolo contendere to, a felony; or (5) failure to cooperate with, or any attempt to obstruct or improperly influence, any investigation authorized by the Board of Directors or any governmental or regulatory agency.

  • Substantial Taking means a Taking of at least 15% of the Land or Improvements which, in Lessee’s and Lessor’s reasonable judgment, will materially and adversely interfere with any development or use of the Premises that Lessee is then conducting or intends in good faith to conduct in the future.

  • Substantial development means any development of which the total cost or fair market value exceeds two thousand five hundred dollars, or any development which materially interferes with the normal public use of the water or shorelines of the state; except that the following shall not be considered substantial developments for the purpose of this chapter:

  • Substantial U.S. Market Interest means “substantial U.S. market interest” as that term is defined in Regulation S;

  • Substantial rehabilitation means, with respect to the SAIL Program, to bring a Development back to its original state with added improvements, where the value of such repairs or improvements (excluding the costs of acquiring or moving a structure) exceeds 40 percent of the appraised as is value (excluding land) of such Development before repair and less than 50 percent of the proposed construction work consists of new construction. For purposes of this definition, the value of the repairs or improvements means the Development Cost. To be considered “Substantial Rehabilitation,” there must be at least the foundations remaining from the previous structures, suitable to support the proposed construction.

  • Substantial Involvement means involvement on the part of the Government. DOE's involvement may include shared responsibility for the performance of the Project; providing technical assistance or guidance which the Applicant is to follow; and the right to intervene in the conduct or performance of the Project. Such involvement will be negotiated with each Applicant prior to signing any agreement.

  • Substantial Change means a change to the terms of this Agreement that reduces your rights or increases your responsibilities.

  • Substantial Breach means a breach of any of clauses 3.8, 3.9, 4.1, 4.2, 5.1(c)(i) to 5.1(c)(xxiv) (inclusive), 17.1, 17.2, 31.2 or 31.7(c) of this Agreement;

  • Substantial evidence means evidence that:

  • Substantial disruption means without limitation that any one or more of the following occur as a result of the bullying:

  • substantial shareholder means a person who is entitled to exercise, or to control the exercise of, 10% or more (or such other percentage as may be prescribed by the Listing Rules) of the voting power at any general meeting of the Company;

  • Substantial means more than minor or trivial

  • Substantial alteration means an alteration that has a major impact on the architectural features, characteristics, appearance, or integrity of a structure or lot. The term does not include routine maintenance that is reasonably necessary to maintain a dealership facility in attractive condition and does not include any changes to items protected by federal intellectual property rights.

  • Substantial interest means holding of a beneficial interest by an individual or his spouse or minor child, whether singly or taken together in the shares of a company, the amount paid up on which exceeds ten per cent of the paid up capital of the company; or the capital subscribed by all the partners of a partnership firm;

  • Material and Substantial Duties means responsibilities that are normally required to perform your Own Occupation, or any other occupation, and cannot be reasonably eliminated or modified.

  • Substantial Amount means, at the time of determination thereof, an amount in excess of 30.0% of total consolidated assets (exclusive of depreciation) at such time of the Borrower and its Subsidiaries determined on a consolidated basis.

  • Substantial Portion means, with respect to the Property of the Borrower and its Subsidiaries, Property which (i) represents more than 10% of the consolidated assets of the Borrower and its Subsidiaries as would be shown in the consolidated financial statements of the Borrower and its Subsidiaries as at the beginning of the twelve-month period ending with the month in which such determination is made, or (ii) is responsible for more than 10% of the consolidated net sales or of the consolidated net income of the Borrower and its Subsidiaries as reflected in the financial statements referred to in clause (i) above.

  • Substantial compliance means a level of compliance with these rules where any deficiencies pose no greater risk to resident health or safety than the potential for causing minor harm.