An unconditional gift definition

An unconditional gift this means that any donation is not allocated to one specific child. So if a family makes a donation it can’t be for the benefit of their family – it has to benefit all children and the whole community.

Related to An unconditional gift

  • Unconditional Date means the date on which the Offer is declared or becomes unconditional in all respects.

  • Additional Guarantor means a company which becomes an Additional Guarantor in accordance with Clause 25 (Changes to the Obligors).

  • Additional Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Qualified ECP Guarantor means, in respect of any Swap Obligation, each Loan Party that has total assets exceeding $10,000,000 at the time the relevant Guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

  • Original Guarantors shall have the meaning assigned to such term in the Preamble hereof.