In-kind definition

In-kind means that, rather than delivering cash in respect of an application and receiving cash proceeds in respect of a redemption, the Authorised Participant will deliver or receive securities plus or minus a balancing cash component acceptable to the Responsible Entity.

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In-kind means a contribution in goods or services to the Project, as opposed to cash;

In-kind means applicant's land, materials and/or services provided as matching funds for a project in lieu of monetary type funding.

Examples of In-kind in a sentence

• Such pro rata share of each Security and the related cash to which such tendering Unitholder is entitled is referred to herein as an “In Kind Distribution.” An In Kind Distribution will be made by the Trustee through the distribution of each of the Securities in book-entry form to the account of the Unitholder’s bank or broker-dealer at DTC.

• The Trustee will honor duly executed requests for In Kind Distributions received by the close of business ten (10) Business Days prior to the Mandatory Termination Date.

• Furthermore, the availability of In Kind Distributions may be modified or discontinued as described in the Prospectus.

• Unitholders who do not effectively request an In Kind Distribution shall receive their distribution upon termination in cash.

• The fourth paragraph of Section 9.02 of Standard Terms and Conditions of Trust shall be replaced in its entirety with the following: “In connection with the termination of a Trust, the Trustee will liquidate the Securities not segregated for In Kind Distributions during such period and in such daily amounts as the Supervisor shall direct.

More Definitions of In-kind

In-kind means the value of volunteer services or donated goods such as staff time, rent, food, supplies and transportation.

In-kind means contributions of property or services that benefit this grant-supported project or program and that are contributed by the county or third parties without charge to the grantee. Neither the actual cost nor the value of third- party in-kind contributions may count towards satisfying a matching requirement of the CJMHSA Grant if it has been, or will be, counted towards satisfying a cost-sharing or matching requirement of another grant, a State procurement contract, or any other award of State funds.

In-kind means contributions other than cash, which include individual and material resources that the applicant makes available to the project, e.g. a permanent public employee's' salary, volunteer time, materials, supplies, space, or other donated goods and services.

In-kind means Net Smelter Return Royalty paid in full and delivered in physical, refined bullion to Owner.

In-kind means non-cash donations, from governmental or private sources, and includes volunteers, materials and services.

In-kind means any benefit received other than cash.

In-kind means any matching funds in the form of salaries and materials. Equipment and indirect costs will not be counted as in-kind matching funds. Volunteer hours that are submitted for salary match must use an hourly rate equivalent to the average national hourly earnings of all production and nonsupervisory workers on private, nonfarm payrolls as determined by the U.S. Bureau of Labor Statistics.