Independent Person definition

Independent Person means a person appointed under section 28(7) of the 2011 Act;

Independent Person means a person that is not:

Independent Person means a person or persons appointed by the Borough Council under section 28(7) of the Localism Act 2011:

Examples of Independent Person in a sentence

• No resignation or removal of an Independent Person shall be effective until a successor Independent Person has been elected to replace such Independent Person.

• Following the occurrence of a vacancy on the Board of Directors that results in the absence of a majority of Independent Persons on the Board of Directors, and notwithstanding the occurrence of such vacancy, the Board of Directors shall take all actions necessary to fill such vacancy with an Independent Person nominated by the governance and directors nominating committee of the Board of Directors and approved by the Board of Directors.

• All of the common quotas of the Borrower will be owned by an Independent Person.

• The Independent Person will send its written determination, at which point the determination of the Independent Person will be binding on Purchaser and the Sellers, absent fraud or manifest error.

• At all times, at least two (2) members of the Board of Managers of the Issuer comply with the definition of Independent Person.

More Definitions of Independent Person

Independent Person means a person who demonstrates financial independence from parents or persons other than a spouse and who meets the criteria for independence established in Section 5 of this administrative regulation.

Independent Person means a person who demonstrates financial independence from parents or persons other than a spouse and who can meet the criteria established in Section 5 of this administrative regulation.

Independent Person. , in relation to a matter, means a person who is not a party to the instrument that includes the matter;

Independent Person means the person or persons appointed to act as the independent person or persons in respect of the ballot under the provisions of section 77A of the Act and these rules;

Independent Person means a person who shall be a specialist in and professionally qualified for a period of not less than 10 years in respect of the subject matter of any dispute or difference agreed or otherwise appointed pursuant to the provisions of clause 11 for the purpose of determining a dispute between the Parties Information means:

Independent Person means a Person designated by the State and not an employee of the State.

Independent Person means, with respect to a benefit corporation, a person who does not have any material relationship with the benefit corporation or a subsidiary of the benefit corporation, either directly as a shareholder of the benefit corporation or as a partner, a member, or an owner of a subsidiary of the benefit corporation or indirectly as a director, an officer, a general partner, or a manager of an entity that has a material relationship with the benefit corporation or a subsidiary of the benefit corporation. A person does not have a material relationship solely by virtue of serving as the benefit director or the benefit officer of the benefit corporation or of any subsidiary of the benefit corporation that is itself a benefit corporation. A material relationship between a person and the benefit corporation or any of its subsidiaries is presumed to exist if any of the following apply: