NO FIDUCIARY DUTY definition

NO FIDUCIARY DUTY. No Person serving on the Board of Directors shall incur any personal liability in such capacity to the Member or the creditors of the Company.

Examples of NO FIDUCIARY DUTY in a sentence

  • LESSOR IS NOT ACTING AS A MUNICIPAL ADVISOR OR FINANCIAL ADVISOR TO LESSEE, AND LESSOR HAS NO FIDUCIARY DUTY TO LESSEE OR ANY OTHER PERSON PURSUANT TO SECTION 15B OF THE SECURITIES EXCHANGE ACT OF 1934.

  • Code of Ethics and Insider Trading Policies and Procedures February 1, 2008 7 Compliance Department Internal Use Only NO FIDUCIARY DUTY TO USE INSIDE INFORMATION.

  • TRUSTEE HAS NO FIDUCIARY DUTY TO HOLDERS OF SENIOR INDEBTEDNESS OF THE COMPANY..................

  • SOLARI IS NOT YOUR FINANCIAL ADVISOR AND OWES ABSOLUTELY NO FIDUCIARY DUTY TO YOU AND HAS NO SPECIAL RELATIONSHIP WITH YOU.THE SUCCESSFUL APPLICATION OF ANY INVESTMENT, PORTFOLIO OR BUSINESS STRATEGY REQUIRES SOUND BUSINESS PRACTICES, INCLUDING THOROUGH DUE DILIGENCE, THE APPLICATION OF GOOD BUSINESS AND INVESTMENT JUDGMENT, AS WELL AS ATTENTION TO ONGOING PERFORMANCE, DIVERSIFICATION AND RISK MANAGEMENT, AND THE PATIENCE TO WORK THROUGH AND LEARN FROM INVESTMENTS THAT ARE NOT SUCCESSFUL.

  • AUTHORIZATION TO EFFECT SUBORDINATION; NO FIDUCIARY DUTY TO HOLDERS OF SENIOR INDEBTEDNESS .

  • YOU FURTHER ACKNOWLEDGE THATCoinsuper DOES NOT ACT AS YOUR BROKER, INTERMEDIARY, AGENT OR ADVISOR WITH RESPECT TO ANYTRANSACTION YOUMAKE OR PROPOSE TO MAKE IN THE EXCHANGE AND OWES YOU NO FIDUCIARY DUTY.

  • YOU FURTHER ACKNOWLEDGE THAT REFINABLE DOES NOT ACT AS YOUR BROKER, INTERMEDIARY, AGENT, ADVISOR OR CREDITOR WITH RESPECT TO ANY TRANSACTION YOU AKE OR PROPOSE TO MAKE ON THE PLATFORM AND OWES YOU NO FIDUCIARY DUTY.

  • The Company may also listen to live calls in order to provide coaching and feedback to employees.

  • We index the job types in decreasing order ofprofitability, i.e., π1 ≥ π 2 … ≥ πm .

  • IN ACTING UNDER SUCH POWERS, BANK HAS NO FIDUCIARY DUTY TO BORROWER.

Related to NO FIDUCIARY DUTY

  • Named Fiduciary means the Fiduciary or Fiduciaries named herein or in the Adoption Agreement who jointly or severally have the authority to control and manage the operation and administration of the Plan.

  • Fiduciary has the meaning set forth in ERISA Section 3(21).

  • Plan Fiduciary As defined in Section 5.3(o).

  • Family relationship means a relationship between a person and another person within the third degree by consanguinity or the second degree by affinity, as those terms are defined by Subchapter B, Chapter 573, Texas Government Code.

  • duty means any stamp, transaction or registration duty or similar charge imposed by any Governmental Agency and includes, but is not limited to, any interest, fine, penalty, charge or other amount imposed in respect of the above, but excludes any Tax;

  • Official responsibility means administrative or operating authority, whether intermediate or final, to initiate, approve, disapprove or otherwise affect a procurement transaction, or any claim resulting therefrom.

  • Fiduciary Account means an account in which the lawyer deposits fiduciary property.

  • Serviced Duty means all duties and obligations of the Sellers in a Corporate Trust Capacity under the Serviced Corporate Trust Contract related to each Serviced Appointment, in each case, other than any Retained Duty.

  • Denial of Service Attack means an attack intended by the perpetrator to overwhelm the capacity of a Computer System by sending an excessive volume of electronic data to such Computer System in order to prevent authorized access to such Computer System.

  • Undue hardship means an action requiring significant difficulty or expense, when considered in light of the following factors:

  • On duty means that a pharmacist is on the premises at the address of the permitted pharmacy and is available as needed.

  • Rule 506(d) Related Party means, with respect to any Person, any other Person that is a beneficial owner of such first Person’s securities for purposes of Rule 506(d) under the Securities Act.

  • Institutional Responsibilities means an Investigator’s professional responsibilities on behalf of the University, which may include for example: activities such as research, research consultation, teaching, professional practice, University committee memberships, and service on panels such as Institutional Review Boards or data and safety monitoring boards.

  • Independent Fiduciary means an independent fiduciary who will serve as a fiduciary to the Plan in accordance with Article 3 that has no relationship or interest in any of the Settling Parties and is mutually agreed to by the Settling Parties.

  • Degree of relationship means the number of steps between two persons

  • Conviction of fraud or any other felony means any conviction for fraud or a felony in violation of state or Federal criminal statutes, whether entered on a verdict or plea, including a plea of nolo contendere, for which sentence has been imposed.

  • Non-bank fiduciary or agent means a fiduciary or agent other than (a) a bank, as defined in Section 3(a)(2) of the Securities Act, or (b) a savings and loan association, as defined in Section 3(a)(5)(A) of the Securities Act.

  • Federally related transaction means any real estate related

  • Solicitation of a romantic relationship means deliberate or repeated acts that can be reasonably interpreted as the solicitation by an educator of a relationship with a student that is romantic in nature. A romantic relationship is often characterized by a strong emotional or sexual attachment and/or patterns of exclusivity, but does not include appropriate educator-student relationships that arise out of legitimate contexts such as familial connections or longtime acquaintance. The following acts, considered in context, may constitute prima facie evidence of the solicitation by an educator of a romantic relationship with a student:

  • Substantially relates means the nature of criminal conduct for which the person was convicted has a direct bearing on the fitness or ability to perform one or more of the duties or responsibilities necessarily related to the occupation; and

  • A grievance means a dispute or disagreement as to the interpretation or application of terms and conditions of employment contained in this Agreement.

  • Personal relationship means an ongoing romantic or intimate personal relationship that can include, but is not limited to, dating, living together or being a partner or significant other. This definition applies regardless of gender, gender identification, or sexual orientation of the individuals in the relationship. This restriction does not extend to friends, acquaintances or former colleagues who are not otherwise encompassed in the scope of “personal relationships.”

  • Eligible Crisis or Emergency means an event that has caused, or is likely to imminently cause, a major adverse economic and/or social impact to the Recipient, associated with a natural or man-made crisis or disaster.

  • Customer relationship means a continuing relationship between a consumer and a licensee under which the licensee provides one or more insurance products or services to the consumer that are to be used primarily for personal, family or household purposes.

  • Statement of Grievance shall name the grievant(s) involved, the facts giving rise to the grievance, the provision(s) of the Agreement alleged to be violated, and the remedy (specific relief) requested.

  • Financial responsibility means the ability to respond in damages for liability thereafter incurred