Payments Administrator definition

Payments Administrator means Acquiom Clearinghouse LLC, a Delaware limited liability company;

Payments Administrator has the meaning set forth in Section 2.9(a).

Payments Administrator means Acquiom Financial LLC.

Examples of Payments Administrator in a sentence

• On the date that is 18 months after the Closing Date (the “Escrow Release Date”), any amounts remaining (i) after the payment and satisfaction of any and all indemnification claims under Section 8.02 and/or Representative Losses under, and in accordance with, Section 10.01(e), and (ii) after netting of any amounts held back for the purposes of pending claims and/or Representative Losses (the “Remaining Balance”), shall be distributed to the Payments Administrator for distribution to the Interest Holders.

• Thereafter, regardless of whether the prior Securityholder is listed on a Subsequent Payment Spreadsheet, the Payments Administrator shall pay any proceeds to the transferee.

• As to any irregularity that the Payments Administrator cannot resolve, the Payments Administrator shall provide notice to Buyer for instructions and final determination.

• In the event the Payments Administrator reasonably determines that any Payment and Tax Form or other document has been improperly completed or executed, that any of the Certificates received, if applicable, are not in proper form, or that some other irregularity exists, the Payments Administrator shall attempt to cause such irregularity to be corrected.

• The Representative Amount shall be retained in whole or in part by the Representative for such time as the Representative shall determine in its sole discretion, at which time the Representative shall distribute to the Payments Administrator for further distribution to the Interest Holders their Pro Rata Percentages of any remaining amounts distributed under this Section 2.04(d).

More Definitions of Payments Administrator

Payments Administrator means Acquiom Financial LLC, a Colorado limited liability company, in its capacity as the payments administrator in connection herewith pursuant to the Payments Agreement.

Payments Administrator means Wilmington Trust, N.A.

Payments Administrator means Chase, provided that if Chase shall cease to constitute a Senior Managing Agent hereunder, the remaining Senior Managing Agents shall have the option to appoint one of such remaining Senior Managing Agents as the Payments Administrator.

Payments Administrator means Citibank, provided that if Citibank shall cease to constitute a Senior Managing Agent hereunder, the remaining Senior Managing Agents shall have the option to appoint one of such remaining Senior Managing Agents as the Payments Administrator.

Payments Administrator means Acquiom Clearinghouse LLC, a Delaware limited liability company (or, if it is unable or unwilling to serve, such other reputable paying agent designated by the Equityholders’ Representative and reasonably acceptable to Purchaser).

Payments Administrator means Acquiom Clearinghouse LLC to act as payments administrator.

Payments Administrator means BTCo.