Special Counsel definition

Special Counsel means an "independent legal counsel" as defined in Reg. §270.0-1(a)(6) promulgated under the 1940 Act, and such counsel shall be selected by a majority of the Independent Non-Party Directors.
Special Counsel means one special counsel to the Holders, for which the Holders will be reimbursed by the Company pursuant to Section 4.
Special Counsel means an “independent legal counsel” as defined in Reg. §270.0-1(a)(6) promulgated under the 1940 Act, and such counsel shall be selected by (i) a majority of the Independent Non-Party Directors, (ii) if fewer than 50% of the Independent Directors are Independent Non-Party Directors, the regular independent counsel to the Independent Directors, or (iii) if such counsel is not able to act in a capacity contemplated in these Bylaws for ethical or other reasons, counsel selected by such regular independent counsel to the Independent Directors.

Examples of Special Counsel in a sentence

  • Xxxxxxx, Special Counsel, Division of Clearing and Intermediary Oversight, U.S. Commodity Futures Trading Commission, 0000 00xx Xxxxxx, XX., Xxxxxxxxxx, XX 00000; and Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for CFTC, 000 00xx Xxxxxx, XX., Xxxxxxxxxx, XX 00000.


More Definitions of Special Counsel

Special Counsel means one law firm acting as counsel to the Holders, for which the Holders will be reimbursed by the Company pursuant to Section 4.
Special Counsel means special, independent legal counsel selected by Indemnitee and approved by the Company (which approval shall not be unreasonably withheld), and who has not otherwise performed material services for the Company or for Indemnitee within the last three years (other than as Special Counsel under this Agreement or similar agreements).
Special Counsel means one special counsel to the Holders.
Special Counsel means Xxxxxx Xxxxx Xxxxxxxx & Xxxxxxx LLP, for which the Holders will be reimbursed by the Company pursuant to Section 4.
Special Counsel shall have the meaning assigned thereto in Section 5.
Special Counsel means any special counsel to the Holder, for which the Holder will be reimbursed by the Company pursuant to Section 4.