Interested Directors definition

Interested Directors means members of the Board who are “interested person,” as defined in the Investment Company Act, because of such per- son’s affiliation with the Fund (the “Interested Directors”).

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Interested Directors means any Director whose presence cannot by reason of Article 156 hereof or any other provision in the Act, count for the purpose of forming a quorum at a meeting of the Board, at the time of discussion or vote on any matter.

Interested Directors means those members of the Company Board or the Prefco Board, as applicable, who have declared an interest in, and refrained from voting in respect of, the transactions contemplated by the Support Agreement;

Examples of Interested Directors in a sentence

• The Dugald River Zinc Concentrate Sale Agreement has been reviewed and approved by the Directors (including the independent non-executive Directors but excluding the Interested Directors), who are of the view that the terms of the Dugald River Zinc Concentrate Sale Agreement and the transactions contemplated thereunder are on normal commercial terms, and are fair and reasonable and in the interests of the shareholders of the Company as a whole.

• The Interested Directors, each holding position(s) at CMC and/or CMN, have abstained from voting on the Board resolution approving the Dugald River Zinc Concentrate Sale Agreement in order to avoid any possible conflict of interest issue.

• With respect to actions of the Directors and any committee of the Directors, Directors who are Interested Directors in any action to be taken may be counted for quorum purposes under this Section and shall be entitled to vote to the extent not prohibited by the 1940 Act.

• Interested Directors may be counted in determining the presence of a quorum at a meeting of the Board or committee which authorizes the contract or transaction.

• The Interested Directors, each holding position(s) at CMC and/or CMN, have abstained from voting on the Board resolution approving the Rosebery Concentrate Sales Agreement in order to avoid any possible conflict of interest issue.

More Definitions of Interested Directors

Interested Directors means Messrs. Peter Grosskopf, Paul Dimitriadis and Donald Copeland.

Interested Directors shall have the meaning set forth in Article 12.6 of these Articles of Association.

Interested Directors means directors who are, at the time, parties to the Proceeding for which indemnification is sought.

Interested Directors means those members of the DW Board of Directors who have declared an interest in, and refrained from voting in respect of, the transactions contemplated under the Support Agreement, being Mr. Robert Brooks, Mr. David Goodman, Mr. Ned Goodman, Mr. J. Harold Gordon, Mr. Garth MacRae, Mr. Robert McLeish and Mr. Russell Morgan;

Interested Directors means those members of the Board of Directors who have declared an interest in, and refrained from voting in respect of, the transactions contemplated by the Offer;

Interested Directors means any Director whose presence cannot by reason of any provisions in the Act, 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.

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