Independent Trustees definition

Independent Trustees means the members of the Fund’s Board of Trustees who are not "interested persons" (as defined in the 0000 Xxx) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any agreement relating to this Plan.
Independent Trustees means those Trustees of the Trust that would not be deemed an “interested person” of the Trust, as defined in Section 2(a)(19)(A) of the 1940 Act.
Independent Trustees means the members of the Trust's Board of Trustees who are not "interested persons" (as defined in the 1940 Act) of the Trust and whx xxxx xo direct or indirect financial interest in the operation of this Plan or in any agreement relating to this Plan.

Examples of Independent Trustees in a sentence

  • The selection of such counsel will be within the discretion of the then-existing Independent Trustees.

  • The Board considered these factors over the course of numerous meetings, certain of which were in executive session with only the Independent Trustees and counsel present.

  • At all times, at least a majority of the Board will be Independent Trustees, and the selection and nomination of new or additional Independent Trustees will be placed within the discretion of the then-existing Independent Trustees.

  • Independent Trustees also are reimbursed for expenses they incur relating to their services as Trustees.

  • All of the current Independent Trustees of the funds are Trustees of all the Putnam funds and receive fees for their services.


More Definitions of Independent Trustees

Independent Trustees means those Trustees of the Trust who are not interested persons of the Trust or the Service Provider, and have no direct or indirect financial interest in this Agreement, (b) the termsaffiliated person”, “control”, “interested person” and “assignment” shall have their respective meanings defined in the Investment Company Act of 1940 and the rules and regulations thereunder, subject, however, to such exemptions as may be granted by the Securities and Exchange Commission under said Act; and (c) the phrase “specifically approve at least annually” shall be construed in a manner consistent with the Investment Company Act of 1940 and the rules and regulations thereunder.
Independent Trustees means those Trustees who are independent within the meaning of National Instrument 58- 101-Disclosure of Corporate Governance Practices;
Independent Trustees means those Trustees of the Trust who are not interested persons of the Trust or the Shareholder Servicer, and have no
Independent Trustees means those Trustees of the Trust who are not interested persons of the Trust, and have no direct or indirect financial interest in the operation of this Plan or any agreements related to it, and (b) the terms "assignment" and "interested person" shall have the respective meanings specified in the Act and the rules and regulations thereunder, and the term "majority of the outstanding Class B shares of the Series" shall mean the lesser of the 67% or the 50% voting requirements specified in clauses (A) and (B), respectively, of the third sentence of Section 2(a)(42) of the Act, all subject to such exemptions as may be granted by the Securities and Exchange Commission. Exhibit B CDC NVEST GROWTH AND INCOME FUND Class B Shares Remittance Agreement Agreement made this 3rd day of March, 2003 by and between CDC NVEST FUNDS TRUST II, a Massachusetts business trust (the "Trust"), and CDC IXIS ASSET MANAGEMENT DISTRIBUTORS, L.P., a Delaware limited partnership (the "Distributor"). Terms used in the Distribution Agreement (the "Distribution Agreement") dated March 3, 2003 between the Trust and the Distributor relating to the Trust's CDC NVEST GROWTH AND INCOME FUND (the "Series") and not defined herein are used with the meanings so defined.
Independent Trustees means those Trustees of the Fund that would not be deemed an “interested person” of the Fund, as defined in Section 2(a)(19)(A) of the 1940 Act.
Independent Trustees means those Trustees of the Trust who are not interested persons of the Trust, and have no direct or indirect financial interest in the operation of the Plan or any agreements related to it, and (b) the terms "assignment", "interested person" and "majority of the outstanding voting securities" shall have the respective meanings specified in the 1940 Act and the rules and regulations thereunder, subject to such exemptions as may be granted by the Securities and Exchange Commission. SCHEDULE C COMPENSATION OF THE DISTRIBUTOR
Independent Trustees means those Trustees of the Trust who are not interested persons of the Trust, and have no direct or indirect financial interest in the operation of this Plan or any agreements related to it, and (b) the terms "assignment" and "interested person" shall have the respective meanings specified in the Act and the rules and regulations thereunder, and the term "majority of the outstanding Class B shares of the Series" shall mean the lesser of the 67% or the 50% voting requirements specified in clauses (A) and (B), respectively, of the third sentence of Section 2(a)(42) of the Act, all subject to such exemptions as may be granted by the Securities and Exchange Commission. EXHIBIT B CDC NVEST BALANCED FUND Class B Shares Remittance Agreement Agreement made this 3rd day of March, 2003 by and between CDC NVEST FUNDS TRUST I, a Massachusetts business trust (the "Trust"), and CDC IXIS ASSET MANAGEMENT DISTRIBUTORS, L.P., a Delaware limited partnership (the "Distributor"). Terms used in the Distribution Agreement (the "Distribution Agreement") dated March 3, 2003 between the Trust and the Distributor relating to the Trust's CDC NVEST BALANCED FUND (the "Series") and not defined herein are used with the meanings so defined.