Disinterested definition

Disinterested means disinterested within the meaning of any applicable regulatory requirements, including Rule 16b-3.

Disinterested means that the person directly

Disinterested means a disinterested director or an "outside director" within the meaning of any mandatory legal or regulatory requirements, including Section 162(m) of the Code.

Examples of Disinterested in a sentence

• Nothing herein shall prevent the incumbent Disinterested Trustees from soliciting the views or the involvement of others in such selection or nominations as long as the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Trustees.

• While this Plan is in effect, the selection and nomination of persons to be Trustees of the Fund who are not "interested persons" of the Fund ("Disinterested Trustees") shall be committed to the discretion of the incumbent Disinterested Trustees.

• This prohibition does not apply to Disinterested Directors/Trustees.

• During the period in which the Plan is effective, the selection and nomination of those Trustees who are Disinterested Trustees of the Trust shall be committed to the discretion of the Disinterested Trustees.

• Nothing herein shall prevent the incumbent Disinterested Trustees from soliciting the views or the involvement of others in such selection or nomination as long as the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Trustees.

More Definitions of Disinterested

Disinterested means disinterested within the meaning of applicable regulatory requirements, including those promulgated under Section 16 of the Exchange Act.

Disinterested means a director who is an "outside director" within the meaning of Section 162(m) and any applicable legal or regulatory requirements.

Disinterested means not having a Potential Conflict with respect to a transaction, contract, or arrangement being considered by the ANA.

Disinterested means a person who will not be personally affected by the outcome of a panel hearing and none of whose relatives, significant other, students, coaches, or club mates will be affected by the outcome of a panel hearing. If all fencers who might be affected by a panel hearing agree, the disinterested requirements with respect to a club mate may be waived.

Disinterested means disinterested within the meaning of applicable regulatory requirements, including those promulgated under Section 16 of the Act.

Disinterested means a person who is not a party to a derivative proceeding or a person who is a party if the limited liability company demonstrates that the claim asserted against the person is frivolous or insubstantial. Sec. 513. A derivative proceeding may not be discontinued or settled without the court's approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of members of the limited liability company, the court shall direct that notice be given to the members affected. If notice is directed to be given to the affected members, the court may determine whether 1 or more of the parties to the action shall bear the expense of giving the notice, in the amount as the court determines and finds to be reasonable under the circumstances. The amount of expense shall be awarded as special costs of the action and is recoverable in the same manner as statutory taxable costs. Sec. 514. If a derivative proceeding is terminated, the court may order 1 of the following:

Disinterested means disinterested within the meaning of any applicable regulatory requirements, including Rule 16b-3, as amended from time to time, as promulgated by the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended from time to time.