Fund administration definition

Fund administration means any administrative work related to registration of members of the fund and preparation and despatch for each employee statements of employees’ savings and employer’s contribution as well as benefits thereof;
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Fund administration means any administrative work relating to registration of members of a fund, and preparation and delivery of reports on contributions by each employee and by his/her employer, as well as benefits arising thereof.
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Examples of Fund administration in a sentence

  • Fund administration services performed outside of the ordinary course and in connection with unique events involving a Fund or the Trust, including, without limitation, mergers, acquisitions, and reorganizations, shall be subject to an additional event processing charge.

  • We are proposing that boroughs can use up to 4% of their allocation to undertake necessary Fund administration, such as project assessment, contracting, monitoring and evaluation and ongoing stakeholder engagement.

  • If the Grantor no longer exists at the termination of the Agreement, then all remaining Fund property, after payment of Fund administration expenses pursuant to the terms of this Agreement, shall be paid to the Beneficiary.

  • In addition, costs for program management and Trust Fund administration expenses will be charged to the Trust Fund on an actual basis.

  • Upon termination of the Agreement, all remaining Fund property, after payment of Fund administration expenses pursuant to the terms of this Agreement, shall be paid to the Grantor.

  • Upon termination of this Agreement, all remaining Fund property, less final Fund administration expenses, shall be delivered to the Grantor.

  • Fund administration services performed outside of the ordinary course and in connection with unique events involving the Fund, including, without limitation, mergers, acquisitions, and reorganizations, shall be subject to an additional event processing charge.

  • This Annex shall be applicable to and form an integral part of all Trust Fund administration agreements entered into between the Trustee and entities (collectively, the “Donors”) that provide contributions (the aggregate of all contributions from the Donors, the “Contributions”) to be administered by the Trustee for the Trust Fund.

  • In addition, the Trust Fund will finance the actual cost of Trust Fund administration and program management.

  • Grant Advisor(s): This individual has full advisory privileges over grant recommendations, but no other Fund administration advisory privileges.

Related to Fund administration

  • Fund Administrator means the fund administrator, manager, trustee or similar person with the primary administrative responsibilities for a Fund according to the relevant Fund Documents.

  • Misadministration means the administration of:

  • Notice and Administration Costs means the costs, fees, and expenses that are incurred by the Claims Administrator and/or Lead Counsel in connection with: (i) providing notices to the Settlement Class; and (ii) administering the Settlement, including but not limited to the Claims process, as well as the costs, fees, and expenses incurred in connection with the Escrow Account.

  • Self-administration means carrying and taking medication without the intervention of the school nurse, approved through the school district policy and restricted to students with asthma, other potentially life-threatening illnesses or life-threatening allergic reaction.

  • CFD Administrator means an official of the City, or designee thereof, responsible for determining the Special Tax Requirement and providing for the levy and collection of the Special Taxes.