Foundation Assets definition

Foundation Assets means all contributions, gifts, and/or bequests to the Foundation, including money, stocks, bonds, minerals, mineral interests, negotiable instruments, art, antiques, any other personal property, any real property, and income thereon, or appreciation thereof.
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Foundation Assets is defined in the recitals to this Agreement.
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Foundation Assets means the assets acquired by the Partnership in connection with the Offering from the Foundations.
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Examples of Foundation Assets in a sentence

  • The Attorney General acknowledges and agrees that the Pre-Closing Foundation Assets and Post-Closing Foundation Assets are not covered by the terms of this Agreement.

  • Tax Benefit Payments (other than amounts accounted for as Imputed Interest) arising as a result of an Exchange or a payment in respect of the Foundation Assets shall be treated as upward purchase price adjustments that give rise to further Tax Assets that shall be incorporated into the current year calculation and into future year calculations, as appropriate.

  • Tax Benefit Payments paid to the Foundation shall be treated in part as Imputed Interest and in part as additional purchase price for the Foundation Assets.

  • None of the Excluded Foundation Assets are used in or held for use in, or otherwise relate to, the Business.

  • The actual costs of the Foundation for establishing, accepting, transferring, investing, distributing, managing or any other actual administrative costs in connection with the Foundation Assets shall be paid from the Foundation Assets.

  • Moriah Foundation acknowledges receipt of $3,736,874.00 from the OLP as consideration for the sale of the Moriah Foundation Assets.

  • With regard to any named funds held by the Foundation, the Foundation Assets held as such separate named fund shall be accounted for both as a part of the general component funds and as a separate named fund of the Foundation.

  • In the event of the dissolution or liquidation of the Foundation, the Foundation Assets shall be distributed in accordance with the Articles of Incorporation and bylaws of the Foundation and any applicable provisions of the Code, as amended, and any regulations promulgated thereunder.

  • The Foundation shall provide financial reports to the Ministry on or before thirty (30) days after the end of each calendar quarter, which reports will include the income and expenditures of the Foundation and a description of the Foundation Assets and the value thereof.

  • TO HAVE AND TO HOLD the Moriah Foundation Assets unto the OLP, its successors and assigns, together with all and singular the rights and appurtenances thereto in anywise belonging, subject, however, to the terms and conditions stated in this Agreement, and in the Individual Assignments forever.


More Definitions of Foundation Assets

Foundation Assets means the assets owned by the Foundation and includes any movable and immovable assets, wherever situated, and rights and interests in the assets, whether vested, contingent, defeasible or future.
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