Rights of the Administrator. The Administrator may:
Rights of the Administrator. At any time following the designation of a Servicer other than Spirit of America, Inc. pursuant to Section 8.01:
Rights of the Administrator. The Administrator may modify the list of Benchmarks for which it may grant a Licence and it may modify the Benchmarks, including their methodology and/or terms of provision, and it may cease their provision and/or making available on the terms laid down in the Documentation. The Administrator may unilaterally amend the Agreement in accordance with Section 12.3-12.4 of the Agreement, in particular where an amendment is required in order to align the Agreement with generally applicable law. Moreover, the Administrator may unilaterally amend the Fee Schedule in accordance with Section 12.5 of the Agreement by: modifying the amount of the Fees and/or modifying the structure of the Fees; introducing Fees for new Licences and/or Services. For the avoidance of any doubt, the amount of the Fees and/or the structure of the Fees may be modified according to the Agreement in any case determined by the Administrator, in particular in the event of a significant increase of the cost or in connection with the regulatory obligations set by the peremptory laws or a significant change of the consumer price index (inflation) published by Statistics Poland [Polish: Główny Urząd Statystyczny]. The Administrator may grant Licences and provide Services to persons other than the User and the User Family members. The Administrator may audit the User and/or the User Family members in accordance with Section 6 of the Agreement within the term of the Agreement and three years after its termination. The Administrator may disclose information concerning the User and/or the User Family members, queries of the User and personal data of contact persons named in the Information Sheet to the Warsaw Stock Exchange in relation to the performance of the Agreement and in order to enable or facilitate a communication to the User and/or the User Family members of information concerning services of that entity, including the possibility and the conditions of conducting the activities referred to in Section 2.7-2.8 of the Agreement.
Rights of the Administrator. Art.13. The administrator benefits from a monthly gross fixed allowance for the execution of the entrusted mandate in amount of ...................., equal with 1.36 times the average over the last 12 months of the monthly gross average earnings for the activity performed according to the core business registered by the Company (XXXX Code 49), at the level of class as per the classification of the activities in the national economy, communicated by the National Institute of Statistics prior to the appointment, according to the GMS Resolution no. ........../........... Art.14. The payment of the remuneration is made once a month, namely on the 26th of the current month, regardless of the number of meetings per month for which the payment is made.
Rights of the Administrator. (a) The Administrator is an authorized individual who is either the Beneficiary or a Custodian and who may: (1) enter into a legally binding contract involving the Beneficiary; (2) execute the rights and responsibilities of the Account; and (3) receive and respond to all correspondence regarding the Account.
Rights of the Administrator. (a) Fund Dynamics may, without limiting its liability or responsibility under this Agreement, (i) at its own expense employ servants or agents in performance of its duties and the exercise of its rights under this Agreement, and (ii) delegate its functions, powers, discretions, privileges and duties under this Agreement or any of them to any affiliate of Fund Dynamics on such terms and conditions as it may deem appropriate, including such responsibilities as are required to be performed by a transfer agent registered including Section 17A(c) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
Rights of the Administrator a. payment of remuneration consisting of a fixed allowance and a variable component, according to the present contract and the legislation in force,
Rights of the Administrator. (a) Upon the occurrence of a Termination Event or an Unmatured Termination Event, the Administrator may itself notify, or require the Seller or the Servicer to notify, some or all of the Obligors of Sold Receivables of the Purchaser's ownership of some or all of the Sold Receivables and the Related Assets and direct that payments be made directly to the Administrator, and the Seller or the Servicer (as the case may be) shall comply with any such requirement.
Rights of the Administrator. Art.13. The administrator benefits from a monthly gross fixed allowance for the execution of the entrusted mandate in amount of (in the same amount as the administrators appointed by the Resolution of the Ordinary General Meeting of Shareholders no. 4/18.08.2022 (Art. 7)), equal to 1.36 times the average over the last 12 months of the monthly gross average earnings for the activity performed according to the core business registered by the Company (XXXX Code 49), at class level as per the classification of the activities in the national economy, communicated by the National Institute of Statistics prior to the appointment, according to the GMS Resolution no. 5/20.09.2022.
Rights of the Administrator
