NVCS Board-Approved Policy Sample Clauses

NVCS Board-Approved Policy. The NVCS Board must approve a policy that addresses:
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Related to NVCS Board-Approved Policy

  • Board Approval No reimbursement shall be paid to the Investment Adviser pursuant to this provision in any fiscal year, unless the Trust's Board of Trustees has determined that the payment of such reimbursement is appropriate in light of the terms of this Agreement. The Trust's Board of Trustees shall determine quarterly in advance whether any portion of the Reimbursement Amount may be paid to the Investment Adviser in such quarter.

  • Business Plan The Lenders shall have received a reasonably ------------- satisfactory business plan for fiscal years 1997-2007 and a reasonably satisfactory written analysis of the business and prospects of Holdings, the Borrower and its Subsidiaries for the period from the Closing Date through fiscal year 2005.

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