Inurement, definition

Inurement, as used in this COI Policy, shall mean: (i) a transaction in which the ANA provides an economic benefit, directly or indirectly, to or for the use of any Covered Person where the value of that economic benefit exceeds the value of the consideration (including the performance of services) that the ANA receives in exchange; or (ii) any transaction or arrangement by or through which a Covered Person receives a direct or indirect distribution of the ANA’s funds (other than payment of fair market value for property or the right to use property and reasonable compensation for services).
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Inurement, as used in this COI Policy, shall mean: (i) a transaction in which ICANN provides an economic benefit, directly or indirectly, to or for the use of any
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Inurement, means enriching a church leader, such as a member or church board member. “Enriching” means the church is providing a benefit, good, or service, for less than its fair market value to someone or the church is paying more than fair market value for a benefit for a good, or service that is buys. For example, in the context of this policy, inurement occurs when the church allows a church leader to use the
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Examples of Inurement, in a sentence

  • Applicable Governmental Regulations shall include, but shall not be limited to, any requirement of Seller to obtain a certificate of need (“CON Requirement”) and any requirement that, in order to maintain its tax-exempt status, no action of Seller or any other Northside Affiliated Entity inure to the benefit of any private individual or entity under the Internal Revenue Code of 1986, as amended, and its various regulations and interpretations (“Private Inurement Doctrine”).

  • Limitations on Lobbying; Prohibition on Political Activities and Private Inurement.

  • Assign-ability and Inurement You may not assign this Agreement, by operation of law or otherwise, without our prior written consent.

  • Inurement: This Agreement will inure to the benefit of and be binding upon the parties and their lawful successors and permitted assigns.

  • Inurement All provisions in the lease will take effect to the benefit of the Surface Owner and the Surface Owner’s respective heirs, successors, representatives, and assigns.

  • The Parties hereby irrevocably waive their right to cancel the Agreement or withdraw from the Agreement on grounds provided in the laws of the Republic of Maldives that are not explicitly set forth in this Agreement Inurement This Agreement shall inure to the benefit of and be binding upon each of the parties to this Agreement, their respective executors, personal representatives, trustees-in-bankruptcy, assignees and successors-in-title, liquidators and administrators as the context requires.

  • In the event that performance of an obligation will be affected or limited by or excused by the Private Inurement Doctrine, then Seller shall provide to Purchaser evidence of the applicability of such doctrine and the basis for which the performance will be excused or limited.


More Definitions of Inurement,

Inurement, as used in this COI Policy, shall mean: (a) a transaction in which PTI provides an economic benefit, directly or indirectly, to or for the use of any Covered Person where the value of that economic benefit exceeds the value
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Inurement, means impermissible private benefit to a Director or a party related to a Director.
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Inurement, as used in this COI Policy, shall mean: a transaction in which DS provides an economic benefit, directly or indirectly, to or for the use of any Covered Person where the value of that economic benefit exceeds the value of the consideration (including the performance of services) that DS receives in exchange.
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Inurement,. This agreement shall inure to the benefit of and shall be binding upon all of the parties hereto and their respective heirs, executors, administrators, personal representatives, successors and assigns.
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Related to Inurement,

  • Project Management Agreement means the agreement dated the 20th February 1985 made between the Trustee and the Manager providing for the Manager to manage and co-ordinate the development and construction of the Resort and includes, if that agreement is terminated, any other agreement in like and similar terms made with the prior consent of the Minister;

  • Continuous parameter monitoring system or "CPMS" means all of the equipment necessary to meet the data acquisition and availability requirements of this chapter, to monitor process and control device operational parameters (for example, control device secondary voltages and electric currents) and other information (for example, gas flow rate, oxygen or carbon dioxide concentrations), and to record average operational parameter value on a continuous basis.

  • Integrated pest management means careful consideration of all available plant protection methods and subsequent integration of appropriate measures that discourage the development of populations of harmful organisms and keep the use of plant protection products and other forms of intervention to levels that are economically and ecologically justified and reduce or minimise risks to human health and the environment. ‘Integrated pest management’ emphasises the growth of a healthy crop with the least possible disruption to agro-ecosystems and encourages natural pest control mechanisms;

  • Change Management means the add-on module to the Programs that enables engineers to define network changes through one or more configuration templates. Those network changes can be applied to multiple devices and executed/rolled back automatically. The Change Management module enables engineers to verify the impact of the changes across the network to help ensure a safer change process.

  • Project Management The individuals appointed by each Party cf. clause 4.1 in the Agreement.