Non-Executive Director means a member of the Board of Directors who does not hold an executive office with the Trust.
Seaplane means a fixed wing aircraft which is designed for taking off and landing on water and includes amphibians operated as seaplanes;
EMMA means the Electronic Municipal Market Access system as described in 1934 Act Release No. 59062 and maintained by the MSRB for purposes of the Rule.
Qard means a contract of lending money whereby the borrower is obliged to repay the equivalent amount to lender.
Non-Executive Directors means the Directors who are not in whole time employment of the Company.