Independent Directors definition
Independent Directors means the members of the Board of Directors who are not officers or employees of the Manager.
Independent Directors means the members of the Board who are “independent” under the standards of the principal U.S. securities exchange on which the Class A Common Stock is traded or quoted.
Independent Directors mean those Directors who are not “interested persons” of the Partnership as that term is defined in the 1940 Act.
Examples of Independent Directors in a sentence
This Agreement may not be assigned by the Manager without the consent of the Company, which consent shall be approved by a majority of the Company’s Independent Directors.
At least half of the Directors on the Board of Directors will be Independent Directors except for a period of up to 60 days after the death, disability, resignation or removal of an Independent Director pending the appointment of such Independent Director’s successor.
More Definitions of Independent Directors
Independent Directors means the members of the Board of Directors who are not, and have not been within the last two years, officers or employees of the Manager or any Person directly or indirectly controlling or controlled by, or otherwise an Affiliate of, the Manager and who are otherwise “independent” in accordance with the Company’s Governing Instruments and, if applicable, the rules of any national securities exchange on which any capital stock of the Company is listed.
Independent Directors means the members of the Fund's Board of Directors who are not "interested persons" (as defined in the ▇▇▇▇ ▇▇▇) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any agreement relating to this Plan.
Independent Directors means those members of the Board who qualify at any given time as an “independent” director under the applicable rules of each Exchange on which the Shares are listed, and as a “non-employee” director under Rule 16b-3 of the 1934 Act.
Independent Directors means those members of the Board of Directors that qualify as independent directors within the meaning of Rule 10A-3 promulgated under the U.S. Securities Exchange Act of 1934, as amended, and the listing criteria of the New York Stock Exchange.
Independent Directors means the members of the Board designated as independent directors in accordance with the Listing Standards.
Independent Directors shall have the meaning set forth in Section 2.2.
Independent Directors has the meaning set forth in the Charter.