Covered Persons definition

Covered Persons has the meaning set forth in Section 20(a).

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Covered Persons are those persons specified in Rule 506(d)(1) under the Securities Act, including the Company; any predecessor or affiliate of the Company; any director, executive officer, other officer participating in the offering, general partner or managing member of the Company; any beneficial owner of 20% or more of the Company’s outstanding voting equity securities, calculated on the basis of voting power; any promoter (as defined in Rule 405 under the Securities Act) connected with the Company in any capacity at the time of the sale of the Shares; and any person that has been or will be paid (directly or indirectly) remuneration for solicitation of purchasers in connection with the sale of the Shares (a “Solicitor”), any general partner or managing member of any Solicitor, and any director, executive officer or other officer participating in the offering of any Solicitor or general partner or managing member of any Solicitor.

Covered Persons means any officer, director, trustee or employee of the Funds, Adviser, Sub-Advisers or Distributor.

Examples of Covered Persons in a sentence

The Covered Persons dealing with the Trust shall be entitled to act in reliance on any vote or consent that is deemed cast or granted pursuant to this Section 10.3 and shall be fully indemnified by the Trust in so doing.
The provisions of this Trust Instrument, to the extent that they restrict or eliminate the duties and liabilities of Fiduciary Covered Persons otherwise existing at law or in equity, are agreed by the parties hereto to replace such other duties and liabilities of such Fiduciary Covered Persons.
Nevada JV hereby acknowledges that certain Covered Persons (the “Specified Covered Persons”) may have rights to indemnification and advancement of expenses provided by a Member or its Affiliates (directly or by insurance retained by such entity) (collectively, the “Member Indemnitors”).
Without limiting the foregoing, for a period of not less than six (6) years from the Closing Date, Buyer shall not, and shall not permit Blocker I Surviving Entity (or any other Person) to, amend, modify, or terminate (or waive any provisions under) any such Organizational Document or Contract in a manner adverse to the Covered Persons regarding or related to such indemnification or exculpation matters.
Notwithstanding anything to the contrary in this Agreement, each of the Members and the Company acknowledges and agrees that the Covered Persons have relied on this Section 4.6 and are express third-party beneficiaries of this Section 4.6 with the express right and ability to enforce the Company’s obligations under this Section 4.6 directly against the Company to the full extent of such obligations.

More Definitions of Covered Persons

Covered Persons means the Member, any Manager, any Affiliate of the Member or any Manager and any officers, directors, shareholder, partners or employees of the Member or any Manager and their respective Affiliates, and any officer, employee or expressly authorized agent of the Company or its Affiliates.

Covered Persons. 4 means and includes:

Covered Persons have the meanings set forth in Section 10.02(a).

Covered Persons shall have the meaning given in Section 4.6(f).

Covered Persons has the meaning set forth in Section 7.01(a).

Covered Persons means any officer, director, trustee or employee of the Funds, Advisor, Sub-Advisors or Distributor.

Covered Persons has the meaning set forth in Section 3.1(ll).