DUTIES AND RESPONSIBILITIES OF THE ADMINISTRATOR Sample Clauses

DUTIES AND RESPONSIBILITIES OF THE ADMINISTRATOR. The Administrator shall perform the following duties and responsibilities on behalf of the Fund:
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DUTIES AND RESPONSIBILITIES OF THE ADMINISTRATOR. The Administrator shall oversee the administration of the Company's and each Fund's business and affairs as set forth herein and shall provide certain services required for effective administration of the Company and the Funds. In connection therewith, the Administrator shall:
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DUTIES AND RESPONSIBILITIES OF THE ADMINISTRATOR. 3.1 The Administrator shall calculate and inform the Retiree, the amount to be taken by him/her as monthly or quarterly Programmed withdrawal on the basis of an expected life span and in accordance with the model approved by the Commission.
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DUTIES AND RESPONSIBILITIES OF THE ADMINISTRATOR. 3.1 The Administrator shall consolidate the (3) three major components of the Retirees RSA, which are accrued rights, accumulated pension contributions and interest earned from investment and the fixed portion of Voluntary Contributions (if any), for the purpose of computing retirements benefits.
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DUTIES AND RESPONSIBILITIES OF THE ADMINISTRATOR. (a) In addition to the other duties specified in this Indenture and in the Servicing Agreement, the Administrator Duties shall, on behalf of the Trust Estate, consist of: (i) administering collections on the Receivables; (ii) arranging for and administering repossessions of the Financed Vehicles related to the Receivables; (iii) disposing of each Financed Vehicle related to a Receivable whether following repossession or otherwise; (iv) maximizing collections of Receivables, and filing of insurance claims under and in accordance with the Insurance Policies (if any) with respect to each Auto Loan affected by a repossession or otherwise; (v) delivering to the Trustee and to any Noteholder with a Percentage of at least 50% in respect of a Series upon the request of such Noteholder the List of Receivables allocated to such Series as amended from time to time, on each Assignment Date; and (vi) formulating the Credit and Collection Policies, from time to time.
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DUTIES AND RESPONSIBILITIES OF THE ADMINISTRATOR. Subject to the direction and control of the Trust, the Administrator shall supervise the Trust's business affairs not otherwise supervised by other agents of the Trust. To the extent not otherwise provided by other parties under agreement with the Trust, the Administrator shall perform the following duties: (i) coordination and oversight of all third parties furnishing services to the Trust; (ii) compliance services of the Trust; and (iii) executive and administrative services. Such responsibilities include, but are not limited to, (i) the reporting of non-investment related statistical and research data; (ii) supervision or preparation of tax returns, (iii) review of invoices or other requests for payment of Trust expenses; (iv) coordination and preparation of materials for meetings of the Trust's Board of Trustees; and (v) provide personnel to serve as officers of the Trust if so elected by the Board of Trustees. Administration shall also respond to inquiries from Trust shareholders or otherwise answer communications from Trust shareholders if such inquiries or communications are directed to the Administrator. If any such inquiry or communication would be more properly answered by one of the agents providing such services to the Trust, the Administrator will coordinate, as needed, the provision of their response.
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DUTIES AND RESPONSIBILITIES OF THE ADMINISTRATOR. (a) In addition to the other duties specified in this Indenture and in the related Servicing Agreement, the Administrator Duties shall, on behalf of the Trust Estate, consist of:
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DUTIES AND RESPONSIBILITIES OF THE ADMINISTRATOR. The Administrator shall calculate and inform the Retiree, the amount to be taken by him/her as monthly or quarterly Programmed withdrawal on the basis of an expected life span and in accordance with the model approved by the Commission. The Administrator shall, immediately upon the commencement of this Agreement, issue the necessary instruction to its Pension Funds Custodian (the Custodian) for carrying out the necessary monthly or quarterly payments of the agreed sum into the Retiree’s bank account. The Administrator shall ensure that the Retiree’s Bank Account is credited with the periodic amount on the 24th day of every calendar month or the next working day, whichever is earlier. The Administrator shall continue to invest the balance standing to the credit of the Retiree’s RSA in instruments approved by the Commission and from to time credit the RSA with any accrued income from such investments. The Administrator shall issue the Retiree with quarterly statements of activities, balances and other transactions on his/her RSA. The Administrator shall continue to update the Retiree’s records as may from to time become necessary. The Administrator shall provide a help desk to attend to enquiries and/or queries from the Retiree. The Administrator shall ensure prompt payment of both lump sum and periodic withdrawal from his/her pension fund.
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Related to DUTIES AND RESPONSIBILITIES OF THE ADMINISTRATOR

  • Duties and Responsibilities of the Trustee During Default; Prior to Default. With respect to the Holders of any series of Securities issued hereunder, the Trustee, prior to the occurrence of an Event of Default with respect to the Securities of a particular series and after the curing or waiving of all Events of Default which may have occurred with respect to such series, undertakes to perform such duties and only such duties as are specifically set forth in this Indenture. In case an Event of Default with respect to the Securities of a series has occurred (which has not been cured or waived) the Trustee shall exercise with respect to such series of Securities such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs. No provision of this Indenture shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent failure to act or its own wilful misconduct, except that

  • Duties and Responsibilities of Manager During the Term, subject to the provisions of Section 3.1 herein, Manager shall provide, in exchange for the Management Fee, all such services as are necessary and appropriate for the day-to-day administration and management of Practice in a manner consistent with good business practice, including without limitation those services set forth in this Article 2.

  • Duties and Responsibilities of the Servicer (a) The Servicer shall conduct the servicing, administration and collection of the Transferred Loans and shall take, or cause to be taken, all such actions as may be necessary or advisable to service, administer and collect Transferred Loans from time to time on behalf of the Borrower and as the Borrower’s agent.

  • Duties and Responsibilities of Trustee The Trustee, prior to the occurrence of an Event of Default and after the curing or waiver of all Events of Default that may have occurred, undertakes to perform such duties and only such duties as are specifically set forth in this Indenture. In the event an Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs; provided that if an Event of Default occurs and is continuing, the Trustee will be under no obligation to exercise any of the rights or powers under this Indenture at the request or direction of any of the Holders unless such Holders have offered to the Trustee indemnity or security reasonably satisfactory to it against any loss, liability or expense that might be incurred by it in compliance with such request or direction. No provision of this Indenture shall be construed to relieve the Trustee from liability for its own grossly negligent action, its own grossly negligent failure to act or its own willful misconduct, except that:

  • Certain Duties and Responsibilities of the Trustee In entering into this Supplemental Indenture, the Trustee shall be entitled to the benefit of every provision of the Indenture relating to the conduct or affecting the liability or affording protection to the Trustee, whether or not elsewhere herein so provided.

  • Duties and Responsibilities of the Escrow Agent The Escrow Agent's duties and responsibilities shall be subject to the following terms and conditions:

  • Duties and Responsibilities of Executive During the Employment Period, Executive shall devote his full working time to (a) the business of the Company and its Affiliates and (b) performance of the duties and responsibilities assigned to Executive to the best of Executive’s ability and with reasonable diligence. Executive’s Employment shall also be subject to the policies maintained and established by the Company, as such policies may be amended from time to time. Executive shall at all times use his best efforts to comply in good faith with laws applicable to Executive’s actions on behalf of the Company and its Affiliates.

  • Duties of the Administrator (a) Duties with respect to the Note Depository Agreement and the Indenture.

  • Certain Duties and Responsibilities (a) Except during the continuance of an Event of Default,

  • Duties and Responsibilities of Employee (a) During the Employment Period, Employee shall devote Employee’s full business time, attention and best efforts to the businesses of the Company and its direct and indirect subsidiaries (collectively, the Company and its direct and indirect subsidiaries are referred to as the “Company Group”) as may be requested by the Board or the Chief Executive Officer from time to time. Employee’s duties shall include those normally incidental to the position(s) identified in Section 1, as well as such additional duties as may be assigned to Employee by the Board or the Chief Executive Officer from time to time, which duties may include providing services to other members of the Company Group in addition to the Company. Employee may, without violating this Section 2(a), (i) as a passive investment, own publicly traded securities in such form or manner as will not require the performance of any services by Employee in the operation of the entities in which such securities are owned; (ii) engage in charitable and civic activities; or (iii) with the prior written consent of the Board, engage in other personal and passive investment activities, in each case, so long as such interests or activities do not interfere with Employee’s ability to fulfill Employee’s duties and responsibilities under this Agreement and are not inconsistent with Employee’s obligations to the Company Group or competitive with the business of the Company Group.

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