Charitable Foundation definition
Examples of Charitable Foundation in a sentence
Notwithstanding the foregoing, transactions with the Charitable Foundation shall in no event be considered to be transactions with an Affiliate.
The Company’s payment obligations to the MPM Charitable Foundation under this Section 2.1 shall terminate immediately upon the winding up or dissolution of the MPM Charitable Foundation.
In the event that Advocate Charitable Foundation cannot use such Restricted Funds as provided above, then consistent with Applicable Law, Advocate Charitable Foundation may return the Restricted Funds to donors or otherwise dispose of the Restricted Funds consistent with the terms of such gifts.
If such restrictions or conditions cannot be complied with or by Advocate Charitable Foundation, such restrictions or conditions may be redirected with the permission of the donor(s) or modified as permitted by Applicable Law to permit Advocate Charitable Foundation’s use of the Restricted Funds.
Triumph Receivables, LLC, Triumph Group Charitable Foundation, Triumph Interiors, Ltd, Saygrove Actuation & Motion Control Limited and Airframe Spares & Logistics GmbH will be Unrestricted Subsidiaries on the Issue Date.