Interested Director definition

Interested Director means a director or trustee of an investment company who is an interested person within the meaning of Section 2(a)(19) of the Act. A “Disinterested Director” is a director who is not an interested person under Section 2(a)(19) of the Act.
Interested Director means a director who is in any way, whether by himself or through any of his relatives or firm, body corporate or other association of individuals in which he or any of his relatives is a partner, director or a member, interested in a contract or arrangement, or proposed contract or arrangement, entered into or to be entered into by or on behalf of a company;
Interested Director means a trustee or director of the Fund who is an 'interested person' of the Fund within the meaning of Section 2(a)(19) of the Investment Company Act of 1940.

Examples of Interested Director in a sentence

  • Save for the Interested Director, the Board, after having considered all aspects of the Joint Venture Project, is of the opinion that the Joint Venture Project is in the best interests of TNB.

  • Interested Director* Principal Occupation(s) During Past Name, (Age), Position(s) Five Years, held with Funds, Address Directorships and Other Information --------------------------------------------------------------------- ▇▇▇▇▇▇▇ ▇.

  • Nothing herein contained shall be construed to preclude any Director from serving the Alliance in any other capacity as an officer, agent, employee, or otherwise, and receiving compensation therefore so long as such compensation is approved by a Majority Vote of Directors, excluding any Interested Director (as defined in Section 5.18 (Self-Dealing Transactions)).

  • The Audit Committee (save for Rohaya ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, being an Interested Director) is of the opinion that the Proposed Construction is in the best interest of the Company and the terms of the Proposed Construction are fair, reasonable and on normal commercial terms and hence, will not be detrimental to the interests of the non-interested shareholders.

  • The Interested Director is the Chairman and a Non-Independent Non-Executive Director of KPS Berhad.


More Definitions of Interested Director

Interested Director means a Director who has a direct or indirect interest in any contract, business or arrangement in which the Company or its Affiliates is a party or becomes a party to;
Interested Director means a director of the investment company who is an interested person within the meaning of Section 2(a)(19) of the Act.
Interested Director means any Director whose presence cannot by reason of Article 140 count for the purpose of forming a quorum at a meeting of the Board, at the time of the discussion or vote on any matter.
Interested Director means, in relation to any Relevant Situation, any director interested in that Relevant Situation; and
Interested Director means a director who is in any way, whether by himself 25
Interested Director means a director of a Transamerica Fund or Fund Adviser that is not independent but does not, in the ordinary course of his or her business, obtain information regarding the purchase or sale of Securities for any of the Transamerica Funds or perform any functions or duties that relate to the making of recommendation to any such Fund concerning the purchase or sale of securities.
Interested Director means a Director who has a direct or indirect interest in any