Common use of Remainder Clause in Contracts

Remainder. In the event there is no properly designated Donor Advisor or Successor Donor Advisor to the Fund, and no other designation has been made in Addendum II, any remaining balance shall be transferred to the Unrestricted Charitable Fund of the East Texas Communities Foundation.

Appears in 2 contracts

Sources: Donor Advised Fund Agreement, Donor Advised Fund Agreement

Remainder. In the event there is no properly designated Donor Advisor or Successor Donor Advisor to the Fund, and no other designation has been made in Addendum IImade, any remaining balance shall be transferred to the Unrestricted Charitable Fund of the East Texas Communities Foundation. In lieu of the Unrestricted Charitable Fund, any remaining fund balance shall be transferred to .

Appears in 1 contract

Sources: Donor Advised Fund Agreement