Eligible Directors definition

Eligible Directors means, with respect to a Regulated Fund and a Potential Co-Investment Transaction, the members of the Regulated Fund’s Board eligible to vote on that Potential Co-Investment Transaction under Section 57(o) of the Act (treating any registered investment company or series thereof as a BDC for this purpose).

Eligible Directors means, with respect to a Regulated Fund and a Potential Co-Investment Transaction, the members of the Regulated Fund’s Board eligible to vote on that Potential Co-Investment Transaction under Section 57(o) of the Act.

Eligible Directors means the directors of the Company or any Designated Affiliate who are, as such, eligible for participation in this Plan.

Examples of Eligible Directors in a sentence

• After making the determinations required in Condition 1(b) above, each Adviser to a participating Regulated Fund will distribute written information concerning the Potential Co-Investment Transaction (including the amount proposed to be invested by each participating Regulated Fund and each participating Affiliated Fund) to the Eligible Directors of its participating Regulated Fund(s) for their consideration.

• Each Adviser to a participating Regulated Fund will promptly notify and provide the Eligible Directors with information concerning the Affiliated Funds’ and Regulated Funds’ order sizes to assist the Eligible Directors with their review of the applicable Regulated Fund’s investments for compliance with these Conditions.

• If the only previous Co-Investment Transaction with respect to the issuer was an Enhanced Review Disposition the Eligible Directors must complete this review of the proposed Follow-On Investment both on a stand-alone basis and together with the Pre-Boarding Investments in relation to the total economic exposure and other terms of the investment.

• The Regulated Fund’s Board may refuse to approve, or at any time rescind, suspend or qualify, their approval of Pro Rata Dispositions, in which case all subsequent Dispositions will be submitted to the Regulated Fund’s Eligible Directors.

• A decision may not be taken in accordance with this article if the Eligible Directors would not have formed a quorum at such a meeting.

More Definitions of Eligible Directors

Eligible Directors means the Directors and the directors of any Designated Affiliate of the Corporation from time to time;

Eligible Directors means the Directors or the directors of any Designated Affiliate from time to time;

Eligible Directors means the directors of the Company or any Affiliate thereof who are, as such, eligible for participation in the Plan.

Eligible Directors means those Directors eligible to participate in the Plan pursuant to Section 4.

Eligible Directors means all directors of the Company who are not employees of the Company or any subsidiary of the Company.

Eligible Directors means members of the Board of Directors of the Company (including community and advisory directors) and its Subsidiaries who receive Director Fees.

Eligible Directors means the directors of the Corporation or any Affiliate;