Independent Trust Trustee definition

Independent Trust Trustee means any director or trustee of a Fund who is not an “interested person” of the Fund within the meaning of Section 2(a)(19) of the Investment Company Act of 1940.
Independent Trust Trustee means an independent trustee of the Trust and any other investment company for which CCM serves as the adviser.

Examples of Independent Trust Trustee in a sentence

  • No Access Person, other than an Independent Trust Trustee, may serve on the board of directors of a publicly-held company not affiliated with Everest or the Trust absent prior written authorization by the President.

  • No Access Person, other than an Independent Trust Trustee, may serve on the board of directors of a publicly-held company not affiliated with CCM or the Trust absent prior written authorization by the President.

  • Notwithstanding Section II.F.1.a., and except as provided in Section II.F.1.f., each Independent Trust Trustee must report to the Administrator the information described in Section II.

  • In addition, each Independent Trust Trustee shall file a report under Section II.F.1.c. to report each Securities Transaction in which he or she has an interest if he or she acquires as a result thereof a Beneficial Interest of at least1/2of 1% of the outstanding amount of any Security which may be a Security suitable for purchase by the applicable series of the Trust.

Related to Independent Trust Trustee

  • Independent Trustee means a Trustee who is not an interested person within the meaning of Section 2(a)(19) of the Investment Company Act.

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • NIM Trustee The trustee for the NIM Securities.

  • Supplemental Interest Trust Trustee Xxxxx Fargo Bank, N.A., a national banking association, not in its individual capacity but solely in its capacity as supplemental interest trust trustee, and any successor thereto.

  • Delaware Trustee means, with respect to the Trust, the Person identified as the “Delaware Trustee” in the Trust Agreement, solely in its capacity as Delaware Trustee of the Trust under the Trust Agreement and not in its individual capacity, or its successor in interest in such capacity, or any successor Delaware Trustee appointed as therein provided.

  • Independent Trustees means the members of the Fund’s Board of Trustees who are not "interested persons" (as defined in the 0000 Xxx) 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.

  • Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.

  • Co-Trustee has the meaning set forth in the Basic Servicing Agreement.

  • Trust Administrator [______________] Independent Accountants:

  • Parent Trustees means the Trustees elected or appointed pursuant to Articles 53 – 56 inclusive;

  • Relevant Trustee shall have the meaning specified in Section 8.10.

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Trust Agent means U.S. Bank, as Trust Agent under the Titling Trust Agreement.

  • Administrative Trustee means each of the Persons identified as an “Administrative Trustee” in the preamble to this Trust Agreement, solely in each such Person’s capacity as Administrative Trustee of the Trust and not in such Person’s individual capacity, or any successor Administrative Trustee appointed as herein provided.

  • institutional trustee means the Trustee.

  • Securities Administrator Xxxxx Fargo Bank, N.A., or its successor in interest, or any successor securities administrator appointed as herein provided.

  • Depositor means Advisors Asset Management, Inc. and its successors in interest, or any successor depositor appointed as hereinafter provided."

  • or "INSTITUTIONAL TRUSTEE means the Trustee;

  • indenture trustee or “institutional trustee” means the Trustee.

  • Other Trustee The applicable other “trustee” or, if applicable, the other “certificate administrator” or, if applicable, the other “custodian” under an Other Pooling and Servicing Agreement relating to a Serviced Companion Loan.

  • Certificate Administrator means the certificate administrator appointed as provided in the Lead Securitization Servicing Agreement.

  • Successor Institutional Trustee has the meaning set forth in Section 4.3(a).

  • Liquidating Trustee has the meaning set forth in Section 6.2(a).

  • Property Trustee means the Person identified as the “Property Trustee” in the Trust Agreement, solely in its capacity as Property Trustee of the Trust under the Trust Agreement and not in its individual capacity, or its successor in interest in such capacity, or any successor Property Trustee appointed as therein provided.

  • Eligible Lender Trustee shall also mean each successor Eligible Lender Trustee as of the qualification of such successor as Eligible Lender Trustee under the Trust Agreement.

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.