New administrator definition
Examples of New administrator in a sentence
Educator Plan shall mean a plan developed by the New Administrator and the Evaluator for one school year or less.
Former Administrator hereby represents and warrants that, immediately prior to or simultaneously with the Assignment, Former Administrator contributed, assigned, conveyed or otherwise transferred substantially all of its assets and liabilities to New Administrator.
Any procedures established from time to time by agreement between Former Administrator and the Fund are hereby adopted by New Administrator, subject to the terms and conditions contained herein and subject to amendment by mutual agreement of New Administrator and the Fund.
Subject to the terms and conditions contained herein, Former Administrator hereby assigns to New Administrator all of Former Administrator's rights, duties, and obligations under the Administration Agreement (the "Assignment") and New Administrator accepts such Assignment and hereby assumes all such rights, duties, and obligations under the Administration Agreement, together with any other obligations of Former Administrator to the Fund.
For purposes of this Assignment and Assumption of Administration Agreement, the Former Administrator will be considered to have transferred a lease to New Administrator if New Administrator is granted the right to occupy and use the leased premises for a term co-extensive with the Former Adviser's lease.
Educator Plan shall mean a plan developed by the New Administrator and the Evaluator for one school year or from the effective date of hire to the end of the school year.
Administrator Plan shall mean a plan developed by the New Administrator and the Evaluator for one school year or less.
The Mentor should hold the same P.C.A. position as the New Administrator whenever possible.
In respect of any of the Persons who provide to the Purchaser and its Affiliates services pursuant to the Commodities Trading and Services Agreements, the Purchaser and the Seller Parties shall at least 30 days in advance of the conclusion of the term of the applicable Commodities Trading and Services Agreements identify any such employees the Purchaser wishes to continue to employ (the “Scheduled Transition Employees”).
Each of the parties hereto hereby agrees to do all such things and execute all such documents as the New Administrator may reasonably consider necessary or desirable to give full effect to this Agreement and to perfect and preserve the rights and powers of the New Administrator for itself and on behalf of the Secured Parties hereunder and under the Transaction Documents.