Restricted Gift definition

Restricted Gift means an item that is voluntarily conveyed or bestowed to the society without compensation. It may include money, securities, stocks, bonds, negotiable instruments, and real or person- al property. The donor imposes conditions of ownership, retention, disposition or use of the item given.

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Restricted Gift means a gift, devise or bequest collected by the Borrower that is conditioned upon its use by the Borrower for the payment or prepayment, in whole or in part, of the Series 2021 Bond.

Restricted Gift means a gift, devise or bequest collected by the Borrower that is conditioned upon its use by the Borrower for (a) the construction and equipping or installation of the Project or payment of the price thereof, or (b) the payment or prepayment, in whole or in part, of the Series 2014 Bonds.2021 Bond.

Examples of Restricted Gift in a sentence

Notwithstanding the foregoing, however, any restriction imposed on a Restricted Gift must be documented in writing by the donor to be binding on the Diocese or Related Institution.
If, after completion of the construction of the Touro College Project, the Institution receives any Restricted Gift, the Institution shall deliver a like amount to the Trustee for deposit to the Debt Service Fund (consistent with the requirements of the Tax Certificate, if any) or apply such amount in a manner for which the Institution provides the Issuer and the Trustee with a Favorable Opinion of Bond Counsel.
This Agreement, including the Exhibits and Schedules hereto, can be amended, supplemented or changed by the parties hereto at any time only by execution of an instrument in writing making specific reference to this Agreement signed by all of the parties hereto.
If, after completion of the construction of the Project, the Institution receives any Restricted Gift, the Institution shall deliver a like amount to the Trustee for deposit to the Debt Service Fund (consistent with the requirements of the Tax Certificate, if any) or apply such amount in a manner for which the Institution provides the Issuer and the Trustee with a Favorable Opinion of Bond Counsel.

More Definitions of Restricted Gift

Restricted Gift means any gift, grant or bequest of money or other property to or for the benefit of the Institution, the use of which has been restricted by the donor or the grantor to paying any cost or expense that constitutes a Cost of the NYMC Project.

Restricted Gift means a donation that comes with specified conditions by the donor, and can only be used for a stated purpose.

Restricted Gift means a gift, devise or bequest collected by the Borrower or the Foundation that is conditioned upon its use by the Borrower or the Foundation for (a) the renovation, construction, equipping or installation of the facilities financed or refinanced with the Bond proceeds or payment of the price thereof, or (b) the payment or prepayment, in whole or in part, of the Bond. "Series 2015A Bond" means the Residential Care Facility Mortgage Revenue Refunding Bond (Westminster-Canterbury of the Blue Ridge), Series 2015A in the original principal amount of $10,000,000 issued by the Economic Development Authority of the Town of Louisa, Virginia.

Restricted Gift means externally funded Trusts and Endowment Funds derived from Charitable Gifts that are restricted in purpose by the Donor, as set out in the Gift Documentation.

Restricted Gift means a gift, devise or bequest collected by the Borrower or the Borrower Foundations that is conditioned upon its use by the Borrower or the Borrower Foundations for

Restricted Gift means a gift, devise or bequest collected by the Borrower that is conditioned upon its use by the Borrower for the payment or prepayment, in whole or in part, of the Series 20222023 Bonds (or either of them).

Restricted Gift means a gift, devise or bequest collected by the Borrower that is conditioned upon its use by the receiving party for (a) the renovation, construction, equipping or installation of the facilities financed or refinanced with the Series 2023 Bond proceeds or payment of the price thereof, or (b) the payment or prepayment, in whole or in part, of the Series 2023 Bond.