Advisory Trustees definition

Advisory Trustees 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.
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Advisory Trustees means the advisory trustees appointed in accordance with the provisions of the Schedule to this Deed.
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Examples of Advisory Trustees in a sentence

  • PROVIDED ALWAYS that the above fee structure can be varied by the Trustee with the prior unanimous consent of the Advisory Trustees.

  • The Trustees may appoint one or more Advisory Trustees for the purpose of advising the Trustees in such matters as the Trustees may request.

  • Advisory Trustees shall not have any responsibilities or be subject to any liabilities imposed upon Trustees by law or otherwise.

  • Advisory Trustees shall participate in meeting discussions but shall not have a vote upon any matter presented to the Board of Trustees or any committee.

  • Unless otherwise specified by the Trustees, Advisory Trustees shall be invited to attend meetings of the Board of Trustees and all committees.

  • Such Advisory Trustees shall meet and confer at such times and places as the Trustees may specify, including, if the Trustees so request, with the Trustees at annual and special meetings of the Trustees, provided that no Advisory Trustee shall be entitled to vote at any meeting of the Trustees and the actions or decisions of Advisory Trustees shall be advisory only.

  • Advisory Trustees shall be entitled to such compensation, if any, as may be determined by the Trustees.

  • The Trustee shall make such audited accounts available for inspection by the Advisory Trustees but the Trustees shall not be obliged to provide .information in relation to the accounts to any other persons.

  • Advisory Trustees may be assigned other responsibilities from time-to-time by the Trustees, but only to the extent that such responsibilities are advisory in nature and consistent with Section 2(a)(1) of the 1940 Act.

  • Advisory Trustees shall be entitled, to the maximum extent permitted by law, to be indemnified by the Trust and shall be covered by any liability insurance coverage that extends to Trustees and officers of the Trust.

Related to Advisory Trustees

  • Independent Trustees means the members of the Fund’s Board of Trustees who are not "interested persons" (as defined in the ▇▇▇▇ ▇▇▇) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any agreement relating to this Plan.

  • Parent Trustees means the Trustees elected or appointed pursuant to Articles 53 – 56 inclusive;

  • Academy Trust shall include any company in which the Academy Trust: • holds more than 50% of the shares; or • controls more than 50% of the voting rights attached to the shares; or • has the right to appoint one or more directors to the board of the company.

  • or "Trustees means each Person who has signed this Declaration as a trustee, so long as such Person shall continue in office in accordance with the terms hereof, and all other Persons who may from time to time be duly appointed, qualified and serving as Trustees in accordance with the provisions hereof, and references herein to a Trustee or the Trustees shall refer to such Person or Persons solely in their capacity as trustees hereunder.

  • Trustees refers to the persons who have signed this Agreement and Declaration of Trust, so long as they continue in office in accordance with the terms hereof, and all other persons who may from time to time be duly elected or appointed to serve on the Board of Trustees in accordance with the provisions hereof, and reference herein to a Trustee or the Trustees shall refer to such person or persons in their capacity as trustees hereunder;