Independent Persons definition
Examples of Independent Persons in a sentence
Co-optees and Independent Persons will be reimbursed for all travel costs in accordance with the above, whether the travel is within or outside the Borough, but will not be paid subsistence.
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Each employee, officer and director of the Company and/or the Managing Member and their respective spouses and minor children shall be Independent Persons.
Whenever it is provided herein that any Independent Person's opinion or certificate shall be furnished to the Trustee, such Person shall be appointed by Issuer Order and approved by the Trustee and the Required Holders in the exercise of reasonable care and such opinion or certificate shall state that the signer has read this definition and that the signer is independent within the meaning thereof.
The Servicer may sell Tax Liens only with the permission of the Issuer, only to Independent Persons and only after the second anniversary of the applicable Conveyance Date.