AC Covered Person definition

AC Covered Person means each Person serving, or who has served, as a member of the Advisory Committee (and, with respect to Damages arising out of or relating to such service only, the Limited Partner that such Advisory Committee member represents or has represented, as well as the directors, trustees, officers and employees of such Limited Partner).
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Examples of AC Covered Person in a sentence

  • No AC Covered Person shall be liable to anyone for any Damages suffered or incurred by the Fund, any Limited Partner, the General Partner, any Interested Person or any Affiliates of any of the foregoing except to the extent found by a court to be based upon, arise out of or otherwise be in connection with the fraud or bad faith of the relevant Advisory Committee member.

Related to AC Covered Person

  • Covered Person means: (a) any officer, director, shareholder, partner, member, representative, employee or agent of (i) the Trust or (ii) the Trust's Affiliates; and (b) any Holder of Securities.

  • Insured Person s year” means a year from the date of commencement of the insured person’s policy, or from the anniversary date of the commencement of the insured person.

  • Disinterested Person means a director who has not, during the period that person is a member of the Committee and for one year prior to commencing service as a member of the Committee, been granted or awarded equity securities pursuant to this Plan or any other plan of the Company or any Parent, Subsidiary or Affiliate of the Company, except in accordance with the requirements set forth in Rule 16b-3(c)(2)(i) (and any successor regulation thereto) as promulgated by the SEC under Section 16(b) of the Exchange Act, as such rule is amended from time to time and as interpreted by the SEC.

  • Covered Party has the meaning assigned to it in Section 9.21.

  • Interested Person shall have the meaning given it in Section 2(a)(19) of the 1940 Act;