Irrevocable Gift. DONOR understands and declares that this AGREEMENT and the donations it represents are absolute and irrevocable gifts and that, after the execution of this instrument, the DONOR shall have no right, title, interest, or incidents of ownership in the FUND or any additional property transferred to this FUND. Further, DONOR shall have no unilateral right to alter, amend or terminate this AGREEMENT.
Appears in 2 contracts
Sources: Agency Endowment Fund Agreement, Agency Endowment Fund Agreement