Gifts and Grants Sample Clauses

Gifts and Grants. Unless otherwise prohibited by law, the Authority may accept, in its own name and/or on behalf of Participant, any one of more of the Participants, or any class of Participants, gifts, grants, gratuities, advances, and secured, non-recourse loans in any form from any source, including the United States, the State of Texas, any agency or instrumentality of same, or any other person, and may make and enter into contracts, agreements and covenants which the Authority considers necessary and proper in connection with the acceptance of such gifts, grants, gratuities, advances, or loans. The Authority agrees that it shall make use of the proceeds of same only for the intended beneficiary or beneficiaries, and in connection therewith, may make adjustments to its fees, rates, and charges, under the Rate Order or otherwise, to such beneficiary or beneficiaries. In the event such gifts, grants, gratuities, advances, and secured, non-recourse loans benefit the Project or the GRP, they shall be credited to the benefit of the GRP and the Participants.
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Gifts and Grants. The Authority may accept from any Person, public or private, gifts, grants, assistance funds, or bequests on behalf of the Authority, the Redesign District, or a public school placed in the Redesign District. Gifts, grants, assistance funds, or bequests, accepted by the Authority shall become the property of the Authority upon acceptance. except as otherwise agreed by the Authority and the grantor. The Authority may apply for and accept grants, loans, or contributions from any source otherwise available to the Redesign District or a public school placed in the Redesign District. The Authority may do anything within its power to secure the grants, loans, or other contributions on behalf of the Authority, the Redesign District, or a public school placed in the Redesign District, including, but not limited to, maintaining separate segregated funds for gifts, grants, assistance funds, or bequests.
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Gifts and Grants. The Governing Board shall have the authority to accept gifts and grants, apply for, and use, grants, and may enter into agreements required in connection therewith, and hold, use, and dispose of money or property received as a gift or grant in accordance with the terms thereof.
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Gifts and Grants. Hospital District shall receive and be vested in full ownership of all gifts and grants of money or other property to or for use with respect to the Hospital, from any source whatsoever.
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Gifts and Grants. All gifts or grants, including but not limited to any bequest or devise under any trust or Last Will and Testament, made before or after the effective date of this consolidation to any Dissolving Corporation shall inure to the benefit of the New Corporation.
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Related to Gifts and Grants

  • Options and Rights In the event that, during the term of this pledge, subscription Options or other rights or options shall be issued in connection with the pledged Shares, such rights, Options and options shall be the property of Pledgor and, if exercised by Pledgor, all new stock or other securities so acquired by Pledgor as it relates to the pledged Shares then held by Pledgeholder shall be immediately delivered to Pledgeholder, to be held under the terms of this Security Agreement in the same manner as the Shares pledged.

  • Option Plans There is no share option plan or similar plan to acquire any additional shares or units or other equity interests, as the case may be, of IEM or securities convertible or exercisable into or exchangeable for, or which otherwise confer on the holder thereof any right to acquire, any such additional shares or units or equity interests, as the case may be.

  • Option Plan This Option is subject to certain additional terms and ----------- conditions set forth in the Plan pursuant to which this Option has been issued. Optionee acknowledges receipt of a copy of the Plan on file with the Secretary of the Company and, by acceptance hereof, agrees to and accepts this Option subject to the terms of the Plan. Except as otherwise defined herein, defined terms used in this Agreement shall have the meaning ascribed thereto in the Plan.

  • No Third Party Options No person has any existing agreements, options, commitments or rights to acquire any of the Assets or any interest therein.

  • Incentive Plans During the Term of this Agreement, Executive shall be entitled to participate in all bonus, incentive compensation and performance based compensation plans, and other similar policies, practices, programs and arrangements of the Company, now in effect or as hereafter amended or established, on a basis that is commensurate with his position and no less favorable than those generally applicable or made available to other executives of the Company. The Executive's participation shall be in accordance with the terms and provisions of such plans and programs. Participation shall include, but not be limited to:

  • Employees and Consultants Pubco does not have any employees or consultants, except as disclosed in the Pubco SEC Documents.

  • Terms and Conditions of Options The Options evidenced hereby are subject to the following terms and conditions:

  • Consultants and Employees Bound Recipient agrees to disclose the Confidential Information to any agents, affiliates, directors, officers or any other employees (collectively, the “Employees”) solely on a need-to-know basis and represents that such Employees have signed appropriate non-disclosure agreements or taken appropriate measures imposing on such Employees a duty to third parties (1) to hold any third party proprietary information received by such Employees in the strictest confidence, (2) not to disclose such third party Confidential Information to any other third party, and (3) not to use such Confidential Information for the benefit of anyone other than to whom it belongs, without the prior express written authorization of the Company.

  • Incentive Programs During the Term of Employment, the ------------------ Executive shall be entitled to participate in any annual and long-term incentive programs adopted by the Company and which cover employees in positions comparable to that of the Executive.

  • Stock Appreciation Rights The Grantee or other person entitled to exercise this Option is further hereby granted the right ("Stock Appreciation Right") in lieu of exercising this Option or any portion thereof to receive an amount equal to the lesser of (a) the excess of the Fair Market Value of the stock subject to this Option or such portion thereof over the aggregate exercise price for such shares hereunder as of the date the Stock Appreciation Right is exercised, or (b) 200% of the aggregate exercise price for such shares hereunder. The amount payable upon exercise of such Stock Appreciation Right may be settled by payment in cash or in shares of the class then subject to this Option valued on the basis of their Fair Market Value on the date Stock Appreciation Right is exercised, or in a combination of cash and such shares so valued. No Stock Appreciation Right may be exercised, in whole or in part, (i) other than in connection with the contemporaneous surrender without exercise of this Option or the portion thereof that corresponds to the portion of the Stock Appreciation Right being exercised, or (ii) except to the extent that this Option or such portion thereof is exercisable on the date of exercise of the Stock Appreciation Right by the Person exercising the Stock Appreciation Right, or (iii) unless the class of stock then subject to this Option is then Publicly Traded.

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