Disinterested Board Members definition
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.
Disinterested Board Members means the members of the Board other than ▇▇▇▇▇▇ ▇. ▇▇▇▇ and any member of the Board who was appointed, designated or employed by Third Point or any of its Affiliates.
Disinterested Board Members means those members of the Board that are not deemed to be "interested persons" of the Trust, as defined by the ▇▇▇▇ ▇▇▇.
Examples of Disinterested Board Members in a sentence
If the Board determines that Insurer is a Participating Insurance Company for whom the conflict is relevant, Insurer shall at its sole cost and expense, and to the extent reasonably practicable (as determined by a majority of the Disinterested Board Members), take such action as is necessary to remedy or eliminate the irreconcilable material conflict.
If the Board determines that Insurance Company is responsible for causing or creating said conflict, Insurance Company shall at its sole cost and expense, and to the extent reasonably practicable (as determined by a majority of the Disinterested Board Members), take such action as is necessary to remedy or eliminate the irreconcilable material conflict.
More Definitions of Disinterested Board Members
Disinterested Board Members means those directors of the Board that are not deemed to be “interested persons” of the Fund, as defined by the ▇▇▇▇ ▇▇▇.
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. 1.8 "Dreyfus" shall mean The Dreyfus Corporation and its affiliates, including Dreyfus Service Corporation. 1.9 "Participating Companies" shall mean any insurance company (including Insurance Company) that offers variable annuity and/or variable life insurance contracts to the public and that has entered into an agreement with one or more of the Funds.
Disinterested Board Members means those members of the Board of the Issuer that are not deemed to be "interested persons" of the Issuer, as defined by the Act.