Charitable Trustee. The term "Charitable Trustee" shall mean a Person unaffiliated with the Trust and unaffiliated with the Prohibited Owner, that is appointed by a majority of the Trustees to serve as trustee of the Charitable Trust.
Appears in 15 contracts
Sources: Trust Agreement (RMR Dividend Capture Fund), Agreement and Declaration of Trust (RMR Real Estate Income Fund), Agreement and Declaration of Trust (RMR Hospitality & Real Estate Fund)
Charitable Trustee. The term "“Charitable Trustee" ” shall mean a the Person unaffiliated with the Trust NXDT and unaffiliated with the a Prohibited Owner, Owner that is appointed by a majority of the Trustees NXDT to serve as trustee of the Charitable Trust.
Appears in 2 contracts
Sources: Agreement and Declaration of Trust (Nexpoint Diversified Real Estate Trust), Trust Agreement
Charitable Trustee. The term "“Charitable Trustee" ” shall mean a Person unaffiliated with the Trust and unaffiliated with the Prohibited Owner, that is appointed by a majority of the Trustees to serve as trustee of the Charitable Trust.
Appears in 2 contracts
Sources: Agreement and Declaration of Trust (Overstreet Adrian Marcel), Agreement and Declaration of Trust (RMR Asia Real Estate Fund)
Charitable Trustee. The term "“Charitable Trustee" ” shall mean a the Person unaffiliated with the Trust Corporation and unaffiliated with the a Prohibited Owner, that is appointed by a majority of the Trustees Corporation to serve as trustee of the Charitable Trust.
Appears in 1 contract
Charitable Trustee. The term "“Charitable Trustee" ” shall mean a the Person unaffiliated with the Trust NHF and unaffiliated with the a Prohibited Owner, Owner that is appointed by a majority of the Trustees NHF to serve as trustee of the Charitable Trust.
Appears in 1 contract
Sources: Agreement and Declaration of Trust (NexPoint Strategic Opportunities Fund)