Eligible Independent Contractor shall have the meaning as set forth in Section 28.08.

Eligible Independent Contractor. A management company that meets the following requirements:

Eligible Independent Contractor means an independent consultant or advisor hired by the Company to provide bona fide services for the Company that are not in connection with the offer or sale of securities in a capital-raising transaction.

Examples of Eligible Independent Contractor in a sentence

The Manager does not qualify as an Eligible Independent Contractor.
Lessee agrees that, in order to comply with certain of the REIT Requirements, it will, at all times during the Term, cause the Leased Property to be operated and managed by a Manager that is an Eligible Independent Contractor.
Lessee agrees that in order to comply with certain of the REIT Requirements, it will, at all times, during the Term cause the Leased Property to be operated and managed by a management company ("Manager") that is an Eligible Independent Contractor.
Lessee agrees that, in order to comply with certain of the REIT Requirements, it will, at all times during the Term, cause the Leased Property to be operated and managed by a management company (“Manager”) that is an Eligible Independent Contractor.
Neither this Agreement nor any rights or obligations hereunder shall be assignable by a party to this Agreement without the prior, express written consent of each of the other parties; provided, however, Manager shall have the right, without such consent, to assign its interest in this Agreement to any Manager Affiliate Entity, provided such Manager Affiliate Entity qualifies as an Eligible Independent Contractor as of the date of such transfer.

More Definitions of Eligible Independent Contractor

Eligible Independent Contractor means the Independent Contractor of the Company who has been chosen by the Company each year, in its sole discretion, to be eligible to participate in the Plan. For purposes of this Plan, references to Eligible Employee shall mean Eligible Independent Contractor, unless the context clearly indicates otherwise.

Eligible Independent Contractor. A management company that meets all of the following requirements:

Eligible Independent Contractor shall have the same meaning given such term in the Master Management Agreement.

Eligible Independent Contractor means an independent contractor hired by the Company or a Subsidiary to provide consulting services or management advice on a regular basis for the Company or Subsidiary.

Eligible Independent Contractor shall have the meaning as set forth in Section 28.08. Hotel Master Management Agreement Ashford TRS Corporation File No. 145765