Independent representative definition

Independent representative means a person who:
Independent representative means an independent representative appointed by the Manager to review and approve certain transactions involving a Conflict of Interest in order to protect the interests of the Company and the Members.
Independent representative means a person that:

Examples of Independent representative in a sentence

  • Determination as to whether the Employer or the employee will draw the name of the Independent Representative for the first Appeal Board Proceeding under this system will be determined by a flip of a coin.

  • Client may elect to appoint an Independent Representative to receive account statements in lieu of having account statements sent directly to Client.

  • The resolution of any Conflict of Interest approved by the Independent Representative shall be conclusively deemed to be fair and reasonable to the Company and the Members and not a breach of any duty hereunder at law, in equity or otherwise.

  • Notwithstanding the above, to the extent required by applicable law, any transaction involving certain Conflicts of Interest shall be subject to review and approval by the Independent Representative.

  • If Client elects to appoint an Independent Representative to receive account statements, Client shall provide Independent Representative’s information on the Additional Client Information—Schedule B attached hereto.


More Definitions of Independent representative

Independent representative means a person who meets the following conditions:
Independent representative means the Advisory Board, or in the absence of an Advisory Board or the independence of the Advisory Board, an independent representative appointed by the Managing Member to review and approve certain transactions involving a Conflict of Interest in order to protect the interests of the Company, each Series and the Members.
Independent representative has the meaning assigned to such term in Section 5.9(a).
Independent representative has the meaning assigned to such term in Section 2.1(a).
Independent representative means an individual, appointed by the Manager from time to time to address indemnification matters under Section 5.4, who meets the “director independence” standards of the New York Stock Exchange as set forth in the New York Stock Exchange Listed Company Manual.
Independent representative has the meaning assigned to such term in Section 3.02(c) of the Servicing Agreement.
Independent representative is a person who: (a) acts as agent for Client and by law or contract is obligated to act in the best interest of Client; (b) does not control, is not controlled by, and is not under common control with Adviser, and (c) does not have, and has not had within the past two years, a material business relationship with Adviser. If Client elects to appoint an Independent Representative to receive account statements, Client shall provide Independent Representative’s information on the Additional Client InformationSchedule B attached hereto.