Administrator definition

Administrator means the Board or any of its Committees as will be administering the Plan, in accordance with Section 4 of the Plan.
Administrator means the Board or any of its Committees as shall be administering the Plan in accordance with Section 4 hereof.
Administrator means the Board or any of its Committees appointed pursuant to Section 4 of the Plan.

Examples of Administrator in a sentence

  • This Certificate does not purport to summarize the Trust and Servicing Agreement, and reference is made to the Trust and Servicing Agreement for the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights, duties and immunities of the Certificate Administrator.

  • In each case, such delivery shall be made in a form readily convertible to an ▇▇▇▇▇ compatible form, or in such other form as otherwise agreed by the Purchaser, the Certificate Administrator and the Mortgage Loan Seller.

  • The Certificate Administrator makes no representation or warranty as to any of the statements contained herein or the validity or sufficiency of the Certificates or the Mortgage Loan and has executed this Certificate in its limited capacity as Certificate Administrator under the Trust and Servicing Agreement.

  • Notwithstanding the foregoing, no amendment may be made under the Trust and Servicing Agreement without the Trustee and Certificate Administrator first receiving in writing an Opinion of Counsel, at the expense of the designated party as set forth in the Trust and Servicing Agreement, that would cause the Upper-Tier REMIC or the Lower-Tier REMIC to fail to qualify as a REMIC for federal income tax purposes (as may be evidenced by an Opinion of Counsel).

  • Unless the Certificate of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Trust and Servicing Agreement or be valid for any purpose.


More Definitions of Administrator

Administrator means either the Board or the compensation committee of the Board or a similar committee performing the functions of the compensation committee and which is comprised of not less than two Non-Employee Directors who are independent.
Administrator means the Board or any of the Committees appointed to administer the Plan.
Administrator means the entity that conducts the general administration of the Plan as provided in Article 12. With reference to the duties of the Committee under the Plan which have been delegated to one or more persons pursuant to Section 12.6, or as to which the Board has assumed, the term “Administrator” shall refer to such person(s) unless the Committee or the Board has revoked such delegation or the Board has terminated the assumption of such duties.
Administrator means the Board or a Committee to the extent that the Board’s powers or authority under the Plan have been delegated to such Committee.
Administrator means the Board, or, if and to the extent the Board does not administer the Plan, the Committee in accordance with Section 3 hereof.
Administrator means the Board or any Committee designated by the Board to administer the Plan pursuant to Section 14.