Disinterested Trustee definition
Disinterested Trustee means a Trustee of a Fund who is not an “interested person” of the Fund within the meaning of Section 2(a)(19) of the 1940 Act.
Disinterested Trustee means a trustee of the Trust who is not an “interested person” of the Trust within the meaning of Section 2(a)(19) of the Investment Company Act.
Disinterested Trustee means a trustee of the Company who is not and was not a party to the Proceeding in respect of which indemnification is sought by Indemnitee.
Examples of Disinterested Trustee in a sentence
As used in this Article, a "Disinterested Trustee" is one (i) who is not an "interested person of the Trust (as defined by the 1940 Act) (including anyone who has been exempted from being an "interested person:" by any rule, regulation or order of the Securities and Exchange Commission), and (ii) against whom none of such actions, suits or other proceedings or another action, suit or other proceeding on the same or similar grounds is then or has been pending.
More Definitions of Disinterested Trustee
Disinterested Trustee is one (a) who is not an "interested person" of the Trust, as defined in the 1940 Act (including anyone who has been exempted from being an "interested person" by any rule, regulation or order of the Commission), and (b) against whom none of such actions, suits or other proceedings or another action, suit or other proceeding on the same or similar grounds is then or has been pending.
Disinterested Trustee of the Trust means a Trustee of the Trust who is not an “interested person” of the Trust within the meaning of Section 2(a)(19) of the 1940 Act. An “interested person” of the Trust includes any person who is a trustee, director, officer, employee, or owner of 5% or more of the outstanding stock of the Adviser or principal underwriter for any Fund of the Trust. Affiliates of brokers or dealers are also “interested persons” of the Trust, except as provided in Rule 2a19-1 under the 1940 Act.
Disinterested Trustee means any trustee of a Fund who is not an interested person of the Firm, is not an officer of the Fund and is not otherwise an “interested person” of the Fund as defined in the Company Act.
Disinterested Trustee means a trustee who is not an "interested person" within the meaning of Section 2(a)(19) of the Act.
Disinterested Trustee means a director/trustee of the US Mutual Funds who is not considered to be an “interested person” of the US Mutual Funds within the meaning of Section 2(a)(19)(A) of the 1940 Act.
Disinterested Trustee means a trustee of the Company who is not and was not a party to the Proceeding in respect of which indemnification or advance of Expenses is sought by Indemnitee.
Disinterested Trustee of the Funds shall mean a trustee thereof who is not an “interested person” of the Funds within the meaning of Section 2(a)(19) of the 1940 Act.