Examples of Replacement Administrator in a sentence
The Administrator will, by written notice to the Signatories, advise of the appointment of the Replacement Administrator.
We have allocated an additional 15 places in AY 2016-17 to the University of Glasgow to support their work at the Crichton Campus, Dumfries.
In the event that the appointment of the Administrator as administrator is terminated in accordance with the provisions of the Administration Agreement, the Replacement Administrator Facilitator will use best efforts to identify on behalf of the Issuer, and assist the Issuer in appointing, a suitable replacement administrator, in accordance with the Administration Agreement.
Upon the designation of a Replacement Administrator, if any, each Administrator agrees that it will terminate its activities as Administrator hereunder in a manner in which the Indenture Trustee will determine will facilitate the transition of the performance of such activities to the Replacement Administrator and each Administrator shall co-operate with and assist such Replacement Administrator.
Reference is further made to that certain Notice of Resignation of Administrator, Appointment of Replacement Administrator and Amendment of Administration Agreement and Notice of Proposed Supplemental Indenture dated December 23, 2014 wherein the Trustee provided notice of a proposed supplemental indenture pursuant to Sections 8.1 of the Indenture (the “Supplemental Indenture”).
Such risk is mitigated by the provisions of the Administration Agreement pursuant to which the Replacement Administrator Facilitator, in certain circumstances, will assist the Issuer in appointing a replacement administrator.
Such co-operation shall include (i) access to and transfer of all files and records, and (ii) the transfer or paying over of any Rental ULC money, each as may be in the possession or control of the predecessor, to the Replacement Administrator.
A Replacement Administrator appointed pursuant to Section 5.4 shall be entitled to a reasonable fee for services rendered, such fee to be settled by Rental ULC with the Replacement Administrator, and to be payable in respect of each Settlement Period in arrears.
On September 13, 2021 (the “Filing Date”), Plus Products commenced proceedings under the Companies’ Creditors Arrangement Act, R.S.C. 1985, c.
On and following the receipt of a copy of an Enforcement Notice delivered by the Trustee to the Issuer, the Replacement Administrator Facilitator shall act only in accordance with the instructions of the Trustee or any Appointee of the Trustee and shall hold all documents and records held by it in respect of the Services to the order of the Trustee or any Appointee of the Trustee.