Examples of Charitable objects in a sentence
The Unincorporated Charity Trustees have resolved, pursuant to the Charitable Objects, to effect such transfer on the terms of this deed [and have delegated authority to complete this deed (and any ancillary documents) to any two trustees pursuant to Section 82 of the Act].
In addition to and without limiting the generality of any of the powers vested in the Trustee by any of the provisions of this Deed or by law or equity for the purpose of promoting the Charitable Objects, the Trustee shall, subject to any express provision to the contrary herein contained, have the following powers.
Company Warranties To ensure that the Unincorporated Charity Trustees have acted properly and reasonably in judging that the Transfer is in the best interests of the Unincorporated Charity, the Company hereby warrants to the Unincorporated Charity Trustees that the Company shall apply the Assets in pursuance of the Charitable Objects and shall apply all Assets which are subject to Special Conditions in accordance with such Special Conditions.
Charitable Objects A charity’s ‘charitable objects’ are another way of referring to its purpose for existing.
For the avoidance of doubt, the Trustee must be satisfied that any monetary payments will be made to promote the Charitable Objects.
The Unincorporated Charity Trustees consider that the Charitable Objects would be best achieved through the transfer of the Charitable Undertaking to the Company as its corporate successor charity and the Unincorporated Charity has promoted the establishment of the Company for this purpose.