Committee of Independent Directors definition

Committee of Independent Directors means a committee comprised of all of the directors of the Fund who are not “interested persons” of the Fund as defined in Section 2(a)(19) of the 1940 Act acting as a committee of the whole.
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Committee of Independent Directors means a standing committee of the Board of Directors comprised of all of the Independent Directors; provided that each Series A Designee which has a Disqualifying Relationship (whether or not such Series A Designee is an "independent director" within the meaning of the rules and regulations of any national securities exchange or Interdealer Quotation System on which Parent's securities may be listed or traded) shall serve (unless such Series A Designee declines to serve) on the Committee of Independent Directors unless the Committee of Independent Directors (other than any Series A Designee who has a Disqualifying Relationship) determines in its good faith judgment, after considering advice of outside legal counsel, that such Series A Designee's ability to exercise independent judgment in carrying out his or her responsibilities as a Director has been compromised in a material respect as a result of a change in circumstances subsequent to the date hereof relating to such Director's Disqualifying Relationship.
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Committee of Independent Directors means the committee of independent directors of the Company Board.
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Examples of Committee of Independent Directors in a sentence

  • Any member of a committee, excluding the Committee of Independent Directors, may resign at any time by giving written notice of his intention to do so to the Chairman of the Board or the Secretary, or may be removed, with or without cause, at any time by vote of the Board of Directors.

  • The Committee of Independent Directors shall at the annual meeting of the Board of Directors elect from its number by a majority vote of the number of Independent Directors a Chairman of the Committee of Independent Directors who shall preside at meetings of the Committee of Independent Directors and perform such other duties as may be assigned to him by the Committee of Independent Directors.

  • The Directors who meet the applicable criteria as "independent directors" as defined in the rules and regulations of the Securities and Exchange Commission and the rules of the stock exchange(s) on which the stock of the Corporation is listed, and who have been determined by the Board of Directors to have no relationships that would make the director not independent ("Independent Directors"), shall constitute the Committee of Independent Directors.

  • The Transferee, by the consent of its Special Committee of Independent Directors or officers authorized by such Committee, and the Transferor may amend or modify this Agreement, in such manner as may be agreed upon, by a written instrument executed by the Transferee and the Transferor.

  • Members and the chairman of any committee, excluding the Committee of Independent Directors, shall be elected by the Board of Directors at the annual meeting of the Board of Directors and shall hold office until the next annual meeting of the Board of Directors and until their successors are elected by the Board of Directors, or until such committee is dissolved by the Board of Directors.

  • Any sanctions to be imposed by the Fund shall be determined by the Committee of Independent Directors of the Fund.

  • The independent expert’s opinion is to advise the Committee of Independent Directors in examining the benefit to the Company, taking all relevant circumstances into account, of the exercise or non-exercise of the Put Option that the Company has in relation to its (entire) 2% investment in NN2.

  • Any sanctions to be imposed by the Company shall be determined by the Committee of Independent Directors of the Company.

  • Currently the board has four committees: the Audit committee, the Nomination and Remuneration Committee, the Stake holders Relationship Committee and Committee of Independent Directors.

  • In such case, ChemChina hereby commits to consider the SIX as the priority listing location, but would also discuss with the Syngenta Board and the Committee of Independent Directors (if still in place) and management the possibility of a listing or second listing at other major global markets including Chinese capital markets in order to maximize value for shareholders.

Related to Committee of Independent Directors

  • Nominating Committee means the nominating committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Independent Directors means the members of the Board of Directors who are not officers or employees of the Manager or any Person directly or indirectly controlling or controlled by the Manager, and who are otherwise “independent” in accordance with the REIT’s Governing Instruments and policies and, if applicable, the rules of any national securities exchange on which the REIT’s common stock is listed.

  • Independent Board Committee means the independent board committee of the Company

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • Parent Directors means the Directors elected or appointed pursuant to Articles 53 – 56 inclusive;

  • Governance Committee means the Governance Committee of the Board.

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 114;

  • Nominations Committee means the committee referred to as such in, and established pursuant to, Article 133;

  • Nominating and Corporate Governance Committee means the nominating and corporate governance committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Board Committee means those individual members of the Board of Directors who have been appointed by the Board of Directors with the powers and responsibilities specified in Article VIII and to which has been delegated any fiduciary responsibilities of the Board of Directors with respect to the Plan.

  • Independent Board Member means a trustee of the Fund who is neither an “interested person” of the Fund as defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended, nor a party to the Proceeding with respect to which indemnification or advances are sought.

  • Committees means Committees of the Board for the time being in force.

  • New Directors means any director whose election by the Board or whose nomination for election by the Company's stockholders was approved by a vote of at least two-thirds of the directors then still in office who were Present Directors or New Directors.

  • Listing Committee means the listing committee of the Stock Exchange;

  • Audit Committee or Committee means Committee of Board of Directors of the Company constituted under provisions of Listing agreement and Companies Act, 2013.

  • Company Board of Directors means the board of directors of the Company.

  • Compliance Committee means the committee referenced under the Federated Code of Business Conduct and Ethics, consisting of, among others, the Chief Compliance Officer, the General Counsel, the Chief Audit Executive and the Chief Risk Officer.

  • Sub-Committee means a committee of a committee created by the board.

  • Executive Committee means a group of directors elected or appointed to act on behalf of, and within the powers granted to them by, the Commission.

  • The Board of Directors or "Board" means all those persons appointed to perform the duties of directors of the society;

  • Independent Director means a director referred to in Section 149 (6) of the Companies Act, 2013.

  • Independent Director/Trustee means any; (i) director or trustee of an Invesco Mutual Fund who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco Mutual Fund; (ii) director or trustee of an Invesco ETP who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco ETP; or (iii) member of the Invesco Canada Independent Review Committee, Invesco Canada Funds Advisory Board or Board of Directors of Invesco Corporate Class Inc. who has no other executive responsibilities or engagement in an Invesco Canada Fund or Invesco NA’s day-to-day activities beyond the scope of their duties as director/trustee.

  • Disinterested Board Members means those members of the Board of a Fund that are not deemed to be "interested persons" of the Fund, as defined by the Act.

  • Advisory Board Member means a member of an “Advisory Board” as defined in Section 2(a)(1) of the 1940 Act.

  • Disinterested Director/Trustee means a Director/Trustee of the Fund who is not an "interested person" of the Fund within the meaning of Section 2(a)(19) of the Act.