Administration Vehicle definition

Administration Vehicle or “Administrator” means a constituted organisation approved by the Company, which undertakes to receive and administer the Initial Payment and subsequent Payments from the Company and report on expenditure, all in accordance with the terms of this Agreement.
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Related to Administration Vehicle

  • Securitization Vehicle shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

  • Unladen vehicle means a vehicle without a driver, or passenger, and unladen, but with its fuel tank full and its normal complement of tools;

  • Laden vehicle means, except where otherwise stated, a vehicle so laden as to attain its "maximum mass".

  • Foreign vehicle means every motor vehicle, trailer, or semitrailer that is brought into the

  • construction vehicle means a vehicle used as a means of conveyance for transporting persons or material, or persons and material, on and off the construction site for the purposes of performing construction work" construction work" means any work in connection with-