Independent representative definition

Independent representative means a person who:
Independent representative means an independent representative appointed by the Manager to review and approve certain transactions involving a Conflict of Interest in order to protect the interests of the Company and the Members.
Independent representative means a person that:

Examples of Independent representative in a sentence

  • The Manager shall have the right to modify these fee amounts and categories of fees at any time, subject to the approval of the Independent Representative and notice to the Members.

  • Notwithstanding the above, to the extent required by applicable law, any transaction involving certain Conflicts of Interest shall be subject to review and approval by the Independent Representative.

  • Except as may be provided herein or as otherwise addressed by the Company’s conflicts of interest policies, the Company may not engage in any transaction involving a Conflict of Interest without first submitting such transaction to the Independent Representative for approval to determine whether such transaction is fair and reasonable to the Company and the Members.

  • The resolution of any Conflict of Interest approved by the Independent Representative shall be conclusively deemed to be fair and reasonable to the Company and the Members and not a breach of any duty hereunder at law, in equity or otherwise.


More Definitions of Independent representative

Independent representative means a person who meets the following conditions:
Independent representative means the Advisory Board, or in the absence of an Advisory Board or the independence of the Advisory Board, an independent representative appointed by the Managing Member to review and approve certain transactions involving a Conflict of Interest in order to protect the interests of the Company, each Series and the Members.
Independent representative means an independent candidate with representation in the national or a provincial legislature; and’’.
Independent representative is a person who: (a) acts as agent for Client and by law or contract is obligated to act in the best interest of Client; (b) does not control, is not controlled by, and is not under common control with Adviser, and (c) does not have, and has not had within the past two years, a material business relationship with Adviser. If Client elects to appoint an Independent Representative to receive account statements, Client shall provide Independent Representative’s information on the Additional Client InformationSchedule B attached hereto.
Independent representative has the meaning assigned to such term in Section 5.9(a).
Independent representative has the meaning assigned to such term in Section 2.1(a).
Independent representative means a certified public accountant or attorney who: