By Donor Sample Clauses
The "By Donor" clause defines the specific rights, obligations, or actions that are to be performed by the donor in an agreement. Typically, this clause outlines what the donor is responsible for providing, such as funds, property, or other resources, and may set conditions or timelines for these contributions. For example, it might specify the amount to be donated, the method of transfer, or any reporting requirements. The core function of this clause is to clearly delineate the donor's commitments, ensuring both parties understand what is expected and reducing the risk of misunderstandings or disputes regarding the donor's role.
By Donor. 1. All excise tax, revenue stamps, transfer tax, or documentary stamps applicable to the transfer of the Property to the Donee.
2. Recording fees for the Deed.
3. One half of the escrow fee, if any.
4. Donor’s legal expenses.
By Donor. In the event Donor fails to close on the Property pursuant to the terms of this Agreement or in the event Donor otherwise breaches any term of this Agreement, and after the receipt by Donor of written notice from Donee with respect to such default and the expiration of a ten-day period in which Donor may effect a cure, then Donee may either (i) seek to specifically enforce performance of Donor’s obligations under this Agreement; (ii) terminate this Agreement by delivery of written notice thereof to Donor, in which event the Deposit shall be immediately returned to Buyer.
By Donor. The Donors have been advised by counsel as to the -------------------- legal effect of the execution and acceptance of this Agreement, including all rights of revocation or alteration possessed by the Donor, or given to the Donors by any statute of the State of Oklahoma or by any decision of its courts or otherwise. The Donors are fully aware of the legal effect of this Agreement, of the Donors' rights and of the character and value of the property hereby transferred and conveyed. The Donors have given consideration to the question of whether this Agreement or the Trust shall be revocable or irrevocable. The Donors declare that this Agreement and the Trust and beneficial interests hereby created shall be irrevocable and that the Donors shall hereafter stand without power at any time to revoke, change, or annul any of the provisions herein contained, whether pursuant to a statute of the State of Oklahoma or a decision of its courts or otherwise. The ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ AND ▇▇▇▇▇ ▇. ▇▇▇▇ CHARITABLE REMAINDER UNITRUST Page112 Trustee shall have the power to amend the governing instrument for the sole purpose of complying with the requirements of Section 664 of the Code and Treasury Regulations Section 1.664-1 and 1.664-2, as the same may from time to time be amended, by an instrument in writing signed by the Trustee and a copy delivered to the Donors, or the oldest then living Income beneficiary if both the Donors are then deceased. The Trustee shall not be required to seek court approval of any such amendment. WE HEREBY waive irrevocably all rights, power, and authority to revoke this instrument or the Trust hereby evidenced. WE HEREBY sign this Trust agreement on this 30th day of October, 1998. DONOR: ----- /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ ------------------- ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ STATE OF OKLAHOMA ) COUNTY OF TULSA ) ss. SUBSCRIBED AND SWORN to before me, this 30th day of October, 1998. /s/ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇ -------------------- Notary Public My Commission Expires: 9-12-2000 ----------------------- [ S E A L ] DONOR: ------ /s/ ▇▇▇▇▇ ▇. ▇▇▇▇ -----------------
▇▇▇▇▇ ▇. ▇▇▇▇ STATE OF OKLAHOMA ) COUNTY OF TULSA ) ss.
By Donor. Donor hereby makes the following representations and warranties to Donee, which shall also be true as of the Closing Date:
4.1.1 The person signing this Agreement on behalf of Donor is authorized to do
4.1.2 Donor has the full right and authority to enter into this Agreement and to consummate the transactions contemplated by this Agreement.
4.1.3 Donor is not a foreign person within the meaning of Sections 1445 and 7701 of the Internal Revenue Code of 1986, as amended.
4.1.4 This Agreement and all documents required hereby to be executed by Donor are and shall be valid, legally binding obligations of Donor, enforceable against Donor in accordance with their terms.
4.1.5 No petition in bankruptcy (voluntary or otherwise), assignment for the benefit of creditors, or petition seeking reorganization or arrangement or other action under Federal or State bankruptcy laws is pending against or contemplated by ▇▇▇▇▇.
4.1.6 The execution and delivery of this Agreement and the Closing of the transaction contemplated herein in accordance with the terms and conditions hereof shall not and do not constitute a violation or breach by Donor of any agreements or other instruments to which Donor is a party.
4.1.7 To the best of the Donor’s knowledge, there are no actions, suits, or legal proceedings of any kind or nature whatsoever, legal or equitable, to which Donor is a party affecting the Property. If ▇▇▇▇▇ receives notice or obtains knowledge of any such actions, suits, or proceedings prior to Closing, Donor shall promptly notify Donee.
4.1.8 Donor warrants and represents that it has no knowledge of any violation of the Hazardous Waste Laws on the Property. ▇▇▇▇▇ has delivered to Donee all environmental reports on the Property in the possession of Donor, such reports being delivered without any representation or warranty as to the content, substance, or completeness of the information contained in such reports.
By Donor. Donor shall protect, defend, indemnify and hold harmless the City, its 30 officers, employees and agents (collectively, the “Indemnified Parties”) from any and all costs, 31 claims, liabilities, judgments or awards of damages, including attorney’s fees (collectively, the 32 “Claims”) arising out of or in any way resulting from ▇▇▇▇▇’s and/or ▇▇▇▇▇’s officers’, agents’, 33 employees’ and subcontractors’ performance of this Agreement, except that the City shall be 34 liable for any Claim(s) caused solely by the negligence or willful misconduct of the Indemnified 35 Parties. The foregoing duty is specifically and expressly intended to constitute a waiver of 36 ▇▇▇▇▇’s immunity under Washington’s Industrial Insurance Act, RCW Title 51, as respects the 37 City with a full and complete indemnity and defense of claims made by ▇▇▇▇▇’s employees. The 38 parties acknowledge that these provisions were mutually negotiated upon by them. 39