Examples of Independent Fiduciaries in a sentence
As soon as possible, including before the appointment of a successor Independent Fiduciary, the Plan Sponsor and the Plan must notify the Department’s Office of Exemption Determinations of the change in Independent Fiduciaries.
The following Statement of Investment Practices (“SIP”) shall be adopted as “Best Practices” for the VEBA’s Committee, Investment Managers and Independent Fiduciaries.
The Company will provide Houlihan Lokey with reasonable access to the Company’s chief restructuring officer, the Independent Fiduciaries, the property managers of each of the Company’s two commercial real estate properties, and other representatives of the Company and other participants in any Transaction, as reasonably requested by Houlihan Lokey.
The Committee is the Named Fiduciary with management and control of the assets of the VEBA with the power as set forth in the Trust Agreement to: (1) appoint Investment Managers with respect to non-Employer Securities; (2) appoint Investment Managers who themselves have the power to appoint Investment Managers; and (3) appoint Independent Fiduciaries with respect to Employer Securities.
As of the Effective Date, except as set forth in this Article IV, the Independent Fiduciaries shall cease to hold office or have any authority from and after such time, unless such individuals are selected to hold positions pursuant to the applicable governing body or documents with respect to the Reorganized Debtors.
The existence of any 8 other banking or client relationship between any interested party and the Independent Fiduciaries 9 is disclosed in annexed Schedule A, and no other such relationship shall be instituted without the 10 prior written approval of the Director of the U.S. Office of Government Ethics.
The existence of any 7 other banking or client relationship between any interested party and the Independent Fiduciaries 8 is disclosed in annexed Schedule A, and no other such relationship shall be instituted without the 9 prior written approval of the Director of the U.S. Office of Government Ethics.
Any changes in the Portfolios on the part of Keystone in order to satisfy investment in a particular Asset Class were only made after Keystone had provided written notice to all affected Independent Fiduciaries.
In addition, these changes would only be implemented if the Independent Fiduciaries did not elect otherwise within 30 days of such notification.
The existence of any 6 other banking or client relationship between any interested party and the Independent Fiduciaries 7 is disclosed in annexed Schedule A, and no other such relationship shall be instituted without the 8 prior written approval of the Director of the U.S. Office of Government Ethics.