Common use of Charitable Donation Clause in Contracts

Charitable Donation. If ▇▇▇▇▇▇ decides to donate the Vessel to a tax exempt organization during the Listing Period or within six (6) months thereafter, Seller shall not be obligated to pay Broker a brokerage commission, but instead shall authorize Broker to handle the donation on ▇▇▇▇▇▇'s behalf and to retain any finder's fee paid by the tax exempt organization. Seller shall be solely responsible for the tax consequences of any such donation. Broker recommends that Seller obtain the advice of a qualified tax professional before making any such donation.

Charitable Donation. If ▇▇▇▇▇▇ Seller decides to donate the Vessel to a tax tax-exempt organization during the Listing Period or within six (6) months thereafter, Seller shall not be obligated to pay Broker a brokerage commission, but instead shall authorize Broker to handle the donation on ▇▇▇▇▇▇'s Seller’s behalf and to retain any finder's fee paid by the tax tax-exempt organization. Seller shall be solely responsible for the tax consequences of any such donation. Broker recommends that Seller obtain the advice of a qualified tax professional before making any such donation.