Legacy Fund Sample Clauses

A Legacy Fund clause establishes a dedicated pool of resources or assets set aside to support specific long-term objectives, such as ongoing charitable activities, scholarships, or organizational missions after a triggering event like dissolution. Typically, this clause outlines how the fund will be managed, who will oversee its administration, and the permissible uses of its assets, ensuring that the original intent of the fund's creators is honored over time. Its core practical function is to provide continuity and sustained impact for designated purposes, addressing the need for lasting support beyond the lifespan of the original entity or agreement.
Legacy Fund. Project Information Describe the progress that has been made towards the completion of your project. Include a list of activities completed to date. You may attach additional pages if necessary. Briefly describe the remaining activities required for the completion of your project. Indicate any major changes in your project work plan. Describe what measures are being taken to ensure project completion.
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Legacy Fund. Interim Report Form
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Legacy Fund. If a budget surplus exists at the completion of the Games, in conjunction with the Contingency/Legacy Fund provided by the Province, the GOC will develop a legacy plan that shall benefit both the City and the County and consider the goals outlined in the Provincial Agreement Schedule C, 3.4 (a), (b), (c). This legacy plan shall be submitted to the City and County, for approval. In the event a single project that will benefit both the City and County cannot be identified by the GOC, the GOC shall propose two separate legacy plans, one for the City, utilizing 2/3 of the Legacy Fund, and one for the County, utilizing 1/3 of the Legacy. Such plans shall still take into consideration the goals outlined in the Provincial Agreement Schedule C, 3.4 (a), (b), (c). Once developed, the City legacy plan will be submitted to the City for approval, and the County legacy plan will be submitted to the County for approval.
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Legacy Fund. Accumulated Earnings
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Legacy Fund. A 0.5% fee calculated on the gross sales price of all residential market rate homes will be paid directly into the Hunters Point Shipyard Legacy Fund. Based on the current estimate of home values for the project, this source of funding is estimated to generate approximately $26.0 million over the life of the Project. The use of these funds will be determined in coming months through a continued dialogue with the CAC, the PAC and the BVHP community.
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Related to Legacy Fund

  • Company Funds All funds of the Company shall be deposited in its name, or in such name as may be designated by the Board, in such checking, savings or other accounts, or held in its name in the form of such other investments as shall be designated by the Board. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon the signature or signatures of such Officer or Officers as the Board may designate.

  • HUMANITY FUND a) The Company agrees to deduct on a bi‐weekly basis the amount of 1¢ per hour from the wages of all employees in the bargaining unit for all hours worked. b) Prior to the 15th day of the month following said deduction, the Company shall pay the amounts to the “Humanity Fund” and will forward such payment to United Steelworkers National Office, ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇. The Company will advise in writing both the Humanity Fund at aforementioned address and the Local Union that such payment has been made, the amount of such payment and the names of all employees in the bargaining unit on whose behalf such payment has been made.

  • Settlement Fund All payments under this Section IV shall be made into the Settlement Fund, except that, where specified, they shall be made into the Settlement Fund Escrow. The Settlement Fund shall be allocated and used only as specified in Section V.

  • Payment Fund “Payment Fund” is defined in Section 2.6(a) of the Agreement.

  • FEMA Fund Certifications Submission of this proposal is Vendor’s certification that Vendor agrees to this term. Vendor certifies that IF and when Vendor accepts a TIPS purchase paid for in full or part with FEMA funds, Vendor certifies that: (1) Vendor agrees to provide the TIPS Member, the FEMA Administrator, the Comptroller General of the United States, or any of their authorized representatives access to and rights to reproduce any books, documents, papers, and records of the Contractor which are directly pertinent to this contract for the purposes of making audits, examinations, excerpts, and transcriptions. The Vendor agrees to provide the FEMA Administrator or an authorized representatives access to construction or other work sites pertaining to the work being completed under the contract. Vendor acknowledges and agrees that no language in this contract or the contract with the TIPS Member is intended to prohibit audits or internal reviews by the FEMA Administrator or the Comptroller General of the United States.