Not-for-Profit definition

Not-for-Profit means that an organization receives compensation only for the reasonable costs of its operation, including reasonable compensation for products and services provided to Members to enable them to use Medical Cannabis pursuant to Health and Safety Code Sections 11362.7 et seq.; reasonable compensation for employees; reasonable out-of-pocket expenses incurred in providing those products or services, or both. Reasonable out-of-pocket expenses may include, but are not necessarily limited to, reasonable expenses for Member services and education, rent or mortgage, utilities, construction, furniture, maintenance, analytic testing, security, professional service costs, regulatory compliance costs, debt service, and reserves.

Not-for-Profit means an entity formed not for pecuniary profit or financial gain and for which no part of the assets, income or profit is distributable to, or inures to the benefit of its members, directors or officers.

Not-for-Profit means any person included under sections 401(a), 501(c), and 501(d) of the internal revenue code.

Examples of Not-for-Profit in a sentence

• If Licensee executed this Agreement as a commercial licensee not having the status of a Qualified Not-For-Profit or Qualified Individual, Licensee will be provided, during the Term of this Agreement and any extensions under Section 9.1, basic TCK support from Oracle under Oracle’s Master Support Agreement (“MSA”) at no additional charge, provided Licensee executes Oracle’s standard MSA, which is attached as Exhibit C to this Agreement.

• By Vendor: By Naperville Jaycees, an Illinois Not-For-Profit Corporation: Signature: Signature: Printed Name: Printed Name: Vendor authorized representative Agent of the Naperville Jaycees This Agreement is not effective unless and until it is signed by a representative of the Naperville Jaycees.

• Such Not-For-Profit Providers/Systems agree: • Not to exceed a surplus revenue retention cap of 20%.

• Notwithstanding anything herein to the contrary, XXX shall hold the Fund, and all contributions to the Fund, pursuant to the terms of the Illinois Not-For-Profit Corporation Act.

• Parent/Guardian’s name: (Please print) Parent/Guardian’s signature: (Please print) Date: EXHIBIT C VOLUNTEER STATUS ACKNOWLEDGEMENT Group Name: Location Name: Wings Event Center Entity Name: Stadium Management Co. (“SMC”) Today’s Date: I hereby acknowledge my understanding and agreement that I am volunteering my services at the Location listed above directly to the Tax Exempt, Charitable or Not-For-Profit Group listed above (“My Group”).

More Definitions of Not-for-Profit

Not-for-Profit means that the proceeds of the organisation are used for the benefit of the organisation and are not available for disbursement to the members of the organisation.

Not-for-Profit means an organisation that does not operate for the profit or gain of its individual members, whether these gains would have been direct or indirect. This applies both while the organisation is operating and when it winds up.

Not-for-Profit means establishing, maintaining, or Doing Business for purposes other than making a profit.

Not-for-Profit. ’ organization 1 means an

Not-for-Profit means an organization that is exempt from paying taxes under Section 501(c) of the Internal Revenue Code.

Not-for-Profit means a corporation or entity described in the General Not-for- Profit Corporation Act of 1986.

Not-for-Profit. Entity: A licensing Entity that is either registered as a non-profit or not-for-profit organisation, and whose statutes or by-laws ensure democratic participation amongst all members in the decision-making processes. Founders or members of a Not-For-Profit Entity are not permitted to make a profit or benefit from the net earnings of the organization.