Qualified Organization Sample Clauses

Qualified Organization. A qualified organization within the meaning of Code Section 402(g)(7)(B), including but not limited to an educational organization, hospital, home health service agency, health and welfare service agency, church, or convention or association of churches.
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Qualified Organization. The Local Grantee is a qualified organization under Section 170 of the Internal Revenue Code, as amended from time to time, and under the regulations promulgated thereunder to receive conservation easements. Further, the State Grantee is authorized pursuant to Section 901.21 of the Ohio Revised Code to hold agricultural easements under the laws of the State of Ohio for the public purpose of retaining the Protected Property predominantly in agriculture.
Qualified Organization. The Grantee is qualified to hold conservation easements under Section 700.40(1)(b), Wis. Stats., and is also a qualified organization within the meaning of Section 170(h)(3) of the Internal Revenue Code, as that section may be amended from time to time, and in the regulations promulgated thereunder.
Qualified Organization. Grantee is a qualified organization under Section 170 of the U.S. Internal Revenue Code, as amended from time to time, and under the regulations promulgated thereunder to receive conservation easements. The Grantee is authorized pursuant to R.C. 901.21 to hold agricultural easements under the laws of the State of Ohio for the public purpose of retaining the Protected Property predominantly in agriculture.
Qualified Organization. References to a “Qualified Organization” mean an organization described in Section 2055(a) of the Code.
Qualified Organization. The Easement Holder is qualified to hold easements because it is a governmental body empowered to hold an interest in real property under the laws of the State of Michigan.
Qualified Organization. The Grantee is a duly “qualified organization” under Section 170 (h)(3) of the Internal Revenue Code, which is organized and operated for conservation purposes specified in Section 170 (h)(4)(A) of the Internal Revenue Code; and that as a condition of any such transfer or assignment, the Grantee will require that the conservation purposes be carried out in perpetuity. Furthermore, Section 5301.67 et.seq.of the Ohio Revised Code provides for the creation of conservation easements and authorizes entities such as the Grantee to acquire such conservation easements.
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Qualified Organization. (A) For purposes of this paragraph (c)(3), quali- fied organization means an eligible em- ployer that is—
Qualified Organization. The Conservancy is a non-profit corporation created to preserve and conserve natural areas for aesthetic, scientific, charitable and educational purposes and is an organization qualified under Section 170(h) of the Internal Revenue Code, as that section may be amended from time to time, and in the regulations promulgated thereunder, to receive qualified conservation contributions. GRANT OF CONSERVATION EASEMENT: For and in consideration of the facts above recited and of the mutual covenants, terms, conditions, and restrictions herein contained and pursuant to the laws of the State of and in particular [specific state statutory authority], the Grantor hereby grants and conveys as an absolute and unconditional gift unto the Conservancy, its successors and assigns forever a Conservation Easement in perpetuity over the Protected Property consisting of the following terms and conditions (“Easement”):

Related to Qualified Organization

  • Due Organization Such Stockholder, if a corporation or other entity, has been duly organized, is validly existing and is in good standing under the laws of the state of its formation or organization.

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