Managing Trustees definition

Managing Trustees means Trustees who are not Independent Trustees and who have been employees, officers or directors of the investment advisor of the Trust or involved in the day-to-day activities of the Trust during the one year prior to their election. If at any time the Board of Trustees shall not be comprised of a majority of Independent Trustees, the Board of Trustees shall take such actions as will cure such condition; provided that the fact that the Board of Trustees does not have a majority of Independent Trustees or has not taken such action at any time or from time to time shall not affect the validity of any action taken by the Board of Trustees. If at any time the Board of Trustees shall not be comprised of a number of Managing Trustees as is required under this Section 2.2, the Board of Trustees shall take such actions as will cure such condition; provided that the fact that the Board of Trustees does not have the requisite number of Managing Trustees or has not taken such action at any time or from time to time shall not affect the validity of any action taken by the Board of Trustees.
Managing Trustees means the individuals named in Section 3.1(b) so long as they continue in office, and all other individuals who have been duly elected and qualify as trustees of the Trust hereunder, including the Independent Trustees but not including the Registered Trustee.
Managing Trustees means Trustees who are not Independent Trustees and who have been employees, officers or directors of the investment adviser of the Trust or involved in the day-to-day activities of the Trust during the one year prior to their election. If at any time the Board of Trustees shall not be comprised of a majority of Independent Trustees or shall not have the requisite number of Managing Trustees, the Board of Trustees shall take such actions as will cure the applicable condition; provided that the fact that the Board of Trustees does not have a majority of Independent Trustees or requisite number of Managing Trustees, as the case may be, or has not taken such action at any time or from time to time shall not affect the validity of any action taken by the Board of Trustees.

Examples of Managing Trustees in a sentence

  • The number of Managing Trustees may be increased or decreased from time to time by the Managing Trustee.

  • It also provides information about individuals' rights (paragraph 9 of the Privacy Notice) and who to contact if individuals have any questions about how Managing Trustees use their information (paragraph 1 of the Privacy Notice).

  • Should at any time a Managing Trustee resign or be removed, unless any remaining Managing Trustees shall decrease the number of Managing Trustees of the Trust pursuant to Section 11.1 hereof, a vacancy shall be deemed to exist and a successor shall be appointed by any remaining Managing Trustees.

  • The Managing Trustees will not owe the Licensee any responsibility for the Licensee’s property or the proceeds arising from any sale.

  • The Privacy Notice available online (▇▇▇.▇▇▇▇.▇▇▇.▇▇/▇▇▇▇▇/▇▇▇▇-▇▇▇▇▇▇▇▇▇▇/▇▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇-▇▇▇▇▇▇▇-▇▇▇▇▇▇) and displayed at the Building explains how the Managing Trustees collect, use and protect the Licensee’s personal information.


More Definitions of Managing Trustees

Managing Trustees means, in relation to any model trust property or any part thereof, the managing trustees from time to time and includes (except in paragraph 4 of this Schedule) the temporary trustees of that property or any part thereof, such trustees being ascertained in accordance with the provisions of Part II of this Schedule;
Managing Trustees means the trustees of the Seller Trust and the Indemnity Trust.
Managing Trustees means the individuals named in Section 3.1(b) so long as they continue in office, and all other individuals who have been duly elected and qualify as trustees of the Trust hereunder so long as they continue in office, including the Independent Trustees but not including the Registered Trustee.
Managing Trustees means, in relation to any model trust property or any part thereof, the managing trustees from time to time and includes (except in paragraph 4 of this Schedule) the temporary trustees of that property or any
Managing Trustees means Trustees who have been employees, officers or directors of the Manager or involved in the day to day activities of the Trust for at least one year prior to their election. If at any time the Board of Trustees shall not be comprised of a majority of Independent Trustees, the Board of Trustees shall take such actions as will cure such condition; provided that the fact that the Board of Trustees does not have a majority of Independent Trustees or has not taken such action at any time or from time to time shall not affect the validity of any action taken by the Board of Trustees. If at any time the Board of Trustees shall not be comprised of a number of Managing Trustees as is required under this Section 3.2, the Board of Trustees shall take such actions as will cure such condition; provided that the fact that the Board of Trustees does not have the requisite number of Managing Trustees or has not taken such action at any time or from time to time shall not affect the validity of any action taken by the Board of Trustees.
Managing Trustees means the trustees (other than the custodian trustee) holding office as trustees under section 14 (1) of the principal Act, as in force on 30 September1991;
Managing Trustees means the managing trustees which comprise the Board of Trustees of the Company.