Independent Trustee definition

Independent Trustee means a Trustee of a Trust who is not an “interested person” of that Trust within the meaning of Section 2(a)(19) of the 1940 Act.
Independent Trustee means a Trustee who is not an interested person within the meaning of Section 2(a)(19) of the Investment Company Act.
Independent Trustee means a Trustee who is not an Interested Person.

Examples of Independent Trustee in a sentence

  • Any such relationships are permitted only to the extent they do not result in the Sub-Adviser being, or becoming during the term of this Agreement, an “affiliated person” of the Adviser, the Trust, or the Former Sub-Adviser for purposes of Section 2(a)(3) of the 1940 Act, do not impair the status of any Independent Trustee under Section 2(a)(19) of the 1940 Act, and do not otherwise violate the 1940 Act or applicable rules thereunder.


More Definitions of Independent Trustee

Independent Trustee means a trustee of the Trust who is not an "interested person" of the Trust within the meaning of Section 2(a~19) of the Investment Company Act.
Independent Trustee means a 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;
Independent Trustee means a trustee of the Trusts who is not an "interested person" of the Trusts within the meaning of Section 2(a)(19) of the Act.
Independent Trustee means a Trustee of the relevant Trust who is not an “interested personof the Trust as defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended.
Independent Trustee means a member of the Board of Trustees who is not an officer or employee of the Manager or any Affiliate thereof and who otherwise is “independent” in accordance with the rules of the NYSE or such other securities exchange on which the Common Shares may be listed.
Independent Trustee means a member of the Board who is not affiliated with FPA and who does not otherwise meet the definition ofinterested person” of the Funds or the Trust under Section 2(a)(19) of the IC Act.
Independent Trustee means any trustee of GMO Trust who is not an “interested person” (as defined in Section 2(a)(19) of the 1940 Act) of GMO Trust.