Independent Directors. Those Directors who are not “interested persons” of the Company as such term is defined in the 1940 Act.
Appears in 25 contracts
Samples: Limited Liability Company Agreement (Mercantile Absolute Return Fund LLC), Liability Company Agreement (Mercantile Long Short Manager Fund LLC), Limited Liability Company Agreement (PNC Absolute Return TEDI Fund LLC)
Independent Directors. Those Directors who are not “"interested persons” " of the Company as such term is defined in the 1940 Act.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Mercantile Absolute Return Fund LLC), Limited Liability Company Agreement (Mercantile Absolute Return Fund LLC), Limited Liability Company Agreement (Mercantile Alternative Strategies Fund LLC)
Independent Directors. Those Directors who are not “"interested persons” " of the Company Portfolio as such term is defined in the 1940 Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Growth Capital Portfolio, LLC)
Independent Directors. Those Directors who are not “interested persons” of the Company Portfolio as such term is defined in the 1940 Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Growth Capital TEI Portfolio, LLC)
