|Peso Rate||Weather||Philippines Time||Join Our Mailing List|
- Category: Philippines Legal Form
- Hits: 5746
(Donation to the Government with Revocation Clause)
DEED OF DONATION
KNOW ALL MEN BY THESE PRESENTS:
This Deed of Donation made and executed by and between:
_____________, of legal age, Filipino, (single / married / widow), and a resident of _____________, Philippines, (hereinafter referred to as the "DONOR")
- and -
_____________ CITY, a municipal corporation existing under the laws of the Republic of the Philippines, represented herein by its __Position__, __Name of Official__ (hereinafter referred to as the "DONEE");
WHEREAS, the DONOR is the true and registered owner of certain playground equipment, listed and described in Annex "A" and attached hereto and made an integral part hereof;
WHEREAS, the DONOR recognizes and supports the noble task of the DONEE in promoting the welfare and well-rounded development of the children of the City;
WHEREAS, the DONOR desires to assist the DONEE and give further impetus to its numerous child welfare programs;
NOW, THEREFORE, for and in consideration of the foregoing premises and due to the magnanimity of the DONOR, the latter hereby transfers and conveys unto the DONEE, by way of DONATION, the playground equipment listed in Annex "A" hereof subject to the conditions that the DONEE shall, at its own expense, maintain the donated playground equipment and its immediate surroundings in a clean and safe condition, re-paint the said equipment on a regular basis to prevent corrosion and make all the necessary maintenance and repair at all times to ensure that the playground equipment remain clean and safe for use by the children. In addition, the DONEE shall install and maintain on the premises signs acknowledging the donation by the DONOR of the playground equipment.
In the event that the conditions of the donation, as contained herein, are not complied with by the DONEE within thirty (30) days after the latter's failure to comply with the same is brought to its attention, this donation shall be automatically revoked and rendered ineffective and the DONOR shall regain ownership over the playground equipment and shall have the right to recover possession of the same.
The DONEE hereby accepts the donation of the playground equipment as listed in Annex "A", together with the conditions herein imposed, and hereby expresses its gratitude and appreciation for the support, kindness and liberality of the DONOR.
IN WITNESS WHEREOF, we have hereunto set our hands, this _____________ at _____________, Philippines
SIGNED IN THE PRESENCE OF: