The Securities Administrator Sample Clauses
The "Securities Administrator" clause defines the role and responsibilities of the individual or entity designated to manage and oversee the administration of securities within the context of the agreement. This typically includes duties such as maintaining records of ownership, processing transfers, ensuring compliance with relevant regulations, and communicating with security holders. By clearly assigning these administrative tasks, the clause ensures efficient management of securities and helps prevent disputes or confusion regarding the handling of such assets.
The Securities Administrator. If an Event of Default has occurred and has not otherwise been cured or waived, the Trustee or the Securities Administrator shall exercise such of the rights and powers vested in it by this Agreement and use the same degree of care and skill in their exercise as a prudent Person would exercise or use under the circumstances in the conduct of such Person's own affairs, unless the Trustee is acting as master servicer, in which case it shall use the same degree of care and skill as a master servicer hereunder.
The Securities Administrator. 90 SECTION 9.1 Duties of the Securities Administrator................ 90 SECTION 9.2 Records............................................... 91 SECTION 9.3 Compensation.......................................... 91 SECTION 9.4 Independence of the Securities Administrator.......... 91 SECTION 9.5
The Securities Administrator. The Securities Administrator hereby acknowledges the obligations and duties to be performed by the Securities Administrator under this First Supplemental Indenture, including any duties or obligations of the Securities Administrator described in the form of RBS NoteSM and agrees to act for all such purposes with respect to the applicable Note, according to the terms of the Indenture and the Administration Agreement.
The Securities Administrator. Section 7.01. Duties of the Securities Administrator. 99
The Securities Administrator. Section 7.01. Duties of the Securities Administrator 101 Section 7.02. Records 101 Section 7.03. Compensation and Indemnity 101 Section 7.04. Additional Information to be Furnished to the Issuer 102 Section 7.05. Independence of the Securities Administrator 102 Section 7.06. No Joint Venture 102 Section 7.07. Other Activities of Securities Administrator 102 Section 7.08. Resignation and Removal of Securities Administrator. 102 Section 7.09. Action upon Termination, Resignation or Removal of the Securities Administrator 104
The Securities Administrator