Independent Directors definition
Independent Directors means the members of the Board of Directors who are not officers or employees of the Manager or any Person directly or indirectly controlling or controlled by the Manager, and who are otherwise “independent” in accordance with the REIT’s Governing Instruments and policies and, if applicable, the rules of any national securities exchange on which the REIT’s common stock is listed.
Independent Directors mean those Directors who are not “interested persons” of the Partnership as that term is defined in the 1940 Act.
Independent Directors means the members of the Board who are “independent” under the standards of the principal U.S. securities exchange on which the Class A Common Stock is traded or quoted.
Examples of Independent Directors in a sentence
At least half of the Directors of each of the Series Boards will be Independent Directors except for a period of up to sixty (60) days after the death, disability, resignation or removal of an Independent Director pending the appointment of such Independent Director’s successor.
More Definitions of Independent Directors
Independent Directors means the members of the Fund's Board of Directors who are not "interested persons" (as defined in the 0000 Xxx) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any agreement relating to this Plan.
Independent Directors means those members of the Board of Directors who qualify at any given time as (a) an “independent” director under the applicable rules of each Exchange on which the Shares are listed, (b) a “non-employee” director under Rule 16b-3 of the 1934 Act, and (c) an “outside” director under Section 162(m) of the Code.
Independent Directors means the directors on the Board that are independent directors as defined in Section 303A of the New York Stock Exchange Listed Company Manual or successor provision, or, if the Company’s common stock is not then quoted on the NYSE, that qualify as independent, disinterested, or a similar term as defined in the rules of the principal securities exchange or inter-dealer quotation system on which the Company’s common stock is then listed or quoted.
Independent Directors shall have the meaning set forth in Section 2.2.
Independent Directors means those members of the Board of Directors that qualify as independent directors within the meaning of Rule 10A-3 promulgated under the U.S. Securities Exchange Act of 1934, as amended, and the listing criteria of the New York Stock Exchange.
Independent Directors means the members of the Board designated as independent directors in accordance with the Listing Standards.
Independent Directors means any member of the Board of Directors of the Company who either (i) was a member of the Board on the date of the Rights Agreement or (ii) is subsequently elected to the Board if such person is recommended or approved by a majority of the Independent Directors, but shall not include an Acquiring Person, or an affiliate or associate of an Acquiring Person, or any representative of the foregoing entities.