Disinterested Trustees definition

Disinterested Trustees means trustees of the Fund that are not "interested persons" (as defined in the Investment Company Act of 1940) of the Fund or the Adviser.
Disinterested Trustees means any trustee of the Fund who is not an interested person of the Adviser or underwriter, is not an officer of the Fund and is not otherwise an "interested person" of the Fund as defined in the 1940 Act, as amended.
Disinterested Trustees means Trustees who are not "interested persons" as such term is defined in the 1940 Act (including any Trustee who has been exempted from being an "interested person" by any rule, regulation or order of the Commission). In limitation of the foregoing, however, as used in Article VIII hereof, a "Disinterested Trustee" shall mean a Disinterested Trustee against whom, at the time of the votes to be taken pursuant to said Article VIII, none of the actions, suits or other proceedings referred to in such Article VIII, nor any other action, suit or other proceeding on the same or similar grounds is or has been pending.

Examples of Disinterested Trustees in a sentence

  • Nothing herein shall prevent the incumbent Disinterested Trustees from soliciting the views or the involvement of others in such selection or nominations as long as the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Trustees.

  • While this Plan is in effect, the selection and nomination of persons to be Trustees of the Fund who are not "interested persons" of the Fund ("Disinterested Trustees") shall be committed to the discretion of the incumbent Disinterested Trustees.

  • Nothing herein shall prevent the incumbent Disinterested Trustees from soliciting the views or the involvement of others in such selection or nomination as long as the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Trustees.

  • During the period in which the Plan is effective, the selection and nomination of those Trustees who are Disinterested Trustees of the Trust shall be committed to the discretion of the Disinterested Trustees.

  • While this Plan is in effect, the selection and nomination of persons to be Trustees of the Fund who are not “interested persons” of the Fund (“Disinterested Trustees”) shall be committed to the discretion of the incumbent Disinterested Trustees.


More Definitions of Disinterested Trustees

Disinterested Trustees means trustees of Johnson Mutual Funds Trust who are not employees of any of the Johnson Companies and who are not advisory persons as defined above.
Disinterested Trustees means Trustees who are not "interested persons" as such term is defined in the 1940 Act (including any Trustee who has been exempted from being an "interested person" by any rule, regulation or order of the Commission). In limitation
Disinterested Trustees shall have the meaning set forth in Section 6.4;
Disinterested Trustees shall have the meaning given it in Article VII, Section 4.
Disinterested Trustees means those Trustees who are not interested persons of the Trust, and have no direct or indirect financial interest in the operation of this Plan or any agreements related to it, and (b) the termsassignment” and “interested person” shall have the respective meanings specified in the 1940 Act and the rules and regulations thereunder, and the term “majority of the outstanding Shares” of a class of Shares shall mean the lesser of the 67% or the 50% voting requirements specified in clauses (A) and (B), respectively, of the third sentence of Section 2(a)(42) of the 1940 Act, all subject to such exemptions as may be granted by the Securities and Exchange Commission.
Disinterested Trustees means any trustee of the Fund who is not an interested person of the Adviser or underwriter, is not an officer of the Fund and is not otherwise an "interested person" of the Fund as defined in the 1940 Act, as amended. 2. "LIMITED ACCESS PERSON(S)" means any employee of the Firm or any Associated Person of the Firm who is not an Access Person under this Code. 3. "ACCESS PERSON(S)" means (i) any director, trustee or officer of the Firm; (ii) any employee of the Firm or an Associated Person of the Firm who, in connection with his/her regular functions or duties, makes, participates in, or has access to nonpublic information regarding the holdings of any fund for which HGINA or HIML serves as an adviser or nonpublic information regarding the purchase or sale of Covered Securities by a Client, or whose functions relate to the making of any recommendations with respect to the purchases or sales or has access to such recommendations that are nonpublic; and (iii) any natural person in a control relationship to the Firm who obtains information concerning recommendations made to the Clients with regard to the purchase or sale of Covered Securities by a Client. 4. "SUPERVISED PERSON(S)" means collectively Access Persons and Limited Access Persons. 5. "INVESTMENT PERSONNEL" means any employee of the Fund or the Adviser (or any company in a control relationship to the Fund or the Adviser) or any Associated Person, who, in connection with his or her regular functions or duties, makes or participates in making recommendations regarding the purchase or sale of securities by a Client. Investment Personnel also includes any natural person (a) who controls the Fund or Adviser and (b) who obtains information concerning recommendations made to Clients regarding the purchase or sale of securities by Clients.
Disinterested Trustees means those Trustees who are not considered "interested persons" of the Trust under the 1940 Act.