Advisory Trustee definition

Advisory Trustee means any person, which may include a former Trustee, appointed by resolution of the Trustees to serve the Board in an advisory capacity, for such period and in accordance with such terms and conditions as are determined by the Trustees. An Advisory Trustee shall serve at the pleasure of the Trustees and may be removed by the Trustees at any time and for any reason, with or without cause, and may resign at any time by an instrument in writing signed by that Advisory Trustee and delivered to the Trust. Advisory Trustees, in their capacity as such, are not Trustees or officers of the Trust for any purpose and shall have no legal, voting or other powers or obligations of Trustees or officers hereunder, and shall not perform the functions of the Trustees or officers in any manner.
Advisory Trustee means any advisory trustee appointed pursuant to clause 3.1.8;
Advisory Trustee means any person, which may include a former Trustee, appointed by resolution of the Trustees to serve the Board in

Examples of Advisory Trustee in a sentence

  • At-Large” and Advisory Trustee positions shall remain as permanent Trustee positions unless removed by the subsequent amendment of this Agreement.

  • Any Advisory Trustee shall serve at the pleasure of the Trustees and may be removed, at any time, with or without cause, by the Trustees.

  • An Advisory Trustee shall have no power or authority to act on behalf of or to bind the Trustees or any committee.

  • In that regard, as of the Retirement Date, (i) Executive’s position as Vice Chairman of the Company, (ii) Executive’s position as Advisory Trustee of the Board of Trustees of the Company (the “Board”), and (iii) all other officer positions, directorships, trusteeships and other positions that Executive holds with the Company Group shall terminate.

  • An individual shall be eligible to serve as an Advisory Trustee only if that individual meets the requirements to be a “non-interested” Trustee under the 1940 Act and does not otherwise serve the Trust in any other capacity.


More Definitions of Advisory Trustee

Advisory Trustee means any person, which may include a former Trustee, appointed by resolution of the Trustees to serve the Board in an advisory capacity, for such period and in accordance with such terms and conditions as are determined by the Trustees. An Advisory Trustee shall serve
Advisory Trustee means the Trustee Corporation appointed in accordance with Clause 20;
Advisory Trustee means any person, which may include a former Trustee, appointed by resolution of the Trustees to serve the Board in an advisory capacity, for such period and in accordance with such terms and conditions as are determined by the Trustees. An Advisory Trustee shall serve at the pleasure of the Trustees and may be removed by the Trustees at any time and for any reason, with or without cause, and may resign at any time by
Advisory Trustee means the advisory trustee referred to in clause 15;
Advisory Trustee means the Trustee Corporation appointed as a special trust adviser in accordance with section 74 of the Trusts Act and otherwise in accordance with Clause 205;
Advisory Trustee means an advisory trustee appointed in accordance with clause 16.1 (Advisory Trustee).
Advisory Trustee means an advisory trustee appointed in accordance with clause 15.1.