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Conditional Donation Agreement
"I need a Conditional Donation Agreement for my company's donation of INR 50 million to a technical university in Bangalore, with conditions requiring the funds to be used exclusively for establishing a research laboratory and providing annual progress reports."
1. Parties: Identifies and provides full details of the donor and the recipient/donee
2. Background: Explains the context and purpose of the donation, including the donor's intention to make the donation
3. Definitions: Defines key terms used throughout the agreement
4. Donation Details: Specifies the nature, value, and description of the donation (whether monetary, property, or other assets)
5. Conditions: Clearly outlines all conditions that must be met for the donation to be effective or continued
6. Timing and Method of Transfer: Specifies when and how the donation will be transferred to the recipient
7. Representations and Warranties: Statements of fact and assurances from both parties regarding their capacity and authority
8. Obligations of the Recipient: Details the recipient's responsibilities in relation to the donation and conditions
9. Monitoring and Reporting: Describes how compliance with conditions will be monitored and reported
10. Return or Reversion: Specifies circumstances under which the donation must be returned or reverted to the donor
11. Governing Law and Jurisdiction: Specifies that Indian law governs the agreement and establishes jurisdiction for disputes
12. Notices: Details how formal communications between parties should be made and delivered
13. General Provisions: Standard contract clauses including severability, entire agreement, and amendments
1. Tax Provisions: Include when specific tax treatment or implications need to be addressed
2. Foreign Contribution Provisions: Required when the donation involves foreign sources or contributors
3. Intellectual Property Rights: Include when the donation involves intellectual property or its usage
4. Confidentiality: Include when certain aspects of the donation or conditions need to remain confidential
5. Anti-Money Laundering Compliance: Include for high-value donations or when required by regulatory compliance
6. Force Majeure: Include when conditions might be affected by circumstances beyond parties' control
7. Assignment: Include when transfer of rights under the agreement needs to be addressed
8. Dispute Resolution: Include when specific dispute resolution mechanisms (like arbitration) are preferred
1. Schedule 1 - Description of Donation: Detailed description of the donation including specifications, valuations, or property details
2. Schedule 2 - Conditions and Milestones: Detailed breakdown of conditions, timelines, and specific requirements to be met
3. Schedule 3 - Payment Schedule: If applicable, details of installment payments or transfer schedule
4. Schedule 4 - Reporting Requirements: Specific formats, templates, and timelines for required reports
5. Appendix A - Required Documents: List of documents required from both parties (e.g., ID proofs, registration certificates)
6. Appendix B - Compliance Checklist: Checklist of regulatory requirements and necessary approvals
Authors
Applicable Law
Business Day
Commencement Date
Conditions
Confidential Information
Donation
Donation Property
Donor
Effective Date
Encumbrance
Force Majeure Event
Governmental Authority
Implementation Schedule
Intellectual Property Rights
Milestone
Monitoring Period
Notice
Parties
Purpose
Recipient
Regulatory Approvals
Reporting Requirements
Reversion Event
Schedule
Tax Benefits
Term
Transfer Date
Utilization Period
Warranties
Recitals
Definitions
Donation
Conditions Precedent
Conditions Subsequent
Transfer of Donation
Payment Terms
Representations and Warranties
Donor Obligations
Recipient Obligations
Monitoring and Reporting
Compliance
Tax Provisions
Regulatory Compliance
Foreign Contribution
Reversion Rights
Intellectual Property
Confidentiality
Force Majeure
Term and Termination
Consequences of Termination
Indemnification
Assignment
Notices
Dispute Resolution
Governing Law
Jurisdiction
Amendment
Severability
Entire Agreement
Counterparts
Costs
Waiver
Further Assurance
Non-Profit
Education
Healthcare
Religious Organizations
Social Services
Environmental Conservation
Arts and Culture
Philanthropy
Corporate Social Responsibility
International Development
Humanitarian Aid
Research and Development
Legal
Finance
Compliance
Corporate Social Responsibility
Development
Grant Administration
Risk Management
Donor Relations
Executive Leadership
Board of Directors
Program Management
Legal Counsel
Compliance Officer
Chief Financial Officer
Philanthropy Manager
Development Director
Grant Manager
Trust Administrator
Corporate Social Responsibility Manager
Executive Director
Board Member
Donor Relations Manager
Foundation President
Program Director
Finance Manager
Risk Management Officer
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