Plan Administration Process definition

Plan Administration Process means the process for resolving and paying Claims described in Article VIII hereof.
Sample 1Sample 2Sample 3
Plan Administration Process means the process for resolving and paying Claims described in Article VIII of the Plan.
Sample 1Sample 2Sample 3

Examples of Plan Administration Process in a sentence

  • Any documents governing the Plan Administration Process shall have been executed and delivered by all of the Entities that are parties thereto and all conditions precedent to the consummation thereof shall have been waived or satisfied in accordance with the terms thereof.

  • On the Effective Date, the Plan Administrator shall accept authority over the Plan Administration Assets as a plan administration officer pursuant to the Plan Administration Agreement, provided, however, that the Plan Administrator may abandon or otherwise not accept any assets that the Plan Administrator believes, in good faith, have no value to the Plan Administration Process.

  • Each Holder of an Allowed Class 3 General Unsecured Claim shall receive payment in Cash in accordance with the Plan Administration Process equal to (i) if holders of General Unsecured Claims voting as a Class approve the Plan, the lesser of (A) the amount of such Claim and (B) a Pro Rata distribution of Cash from the Unsecured Claims Reserve Amount or (ii) otherwise, $0.

  • Subject to the Second Lien Credit Agreement, each Holder of a Class 4 Second Lien Claim shall receive (a) the amount from the Second Lien Claims Reserve Amount that it is entitled to in accordance with the Second Lien Credit Agreement and the Plan Administration Process and (b) a Pro Rata share of the Excess Net Sale Proceeds, if any, up to payment in full of its Second Lien Claim.

  • Upon the completion of the Wind-Down pursuant to the Plan Administration Process and Article V.E of this Plan (as applicable), Intercompany Interests shall be cancelled and released with the Holders of Intercompany Interests receiving no Distribution on account of such Intercompany Interests.

  • Subject to the Second Lien Credit Agreement, each Holder of a Class 4 Second Lien Claim shall receive the amount from the Second Lien Claims Reserve Amount that it is entitled to in accordance with the Second Lien Credit Agreement and the Plan Administration Process.

  • Each Holder of a Class 3 Unsecured Claim shall receive payment in Cash in accordance with the Plan Administration Process equal to (i) if holders of General Unsecured Claims voting as a Class approve the Plan, the lesser of (A) the amount of such Claim and (B) a Pro Rata distribution of Cash from the Unsecured Claims Reserve Amount or (ii) otherwise, $0.

Related to Plan Administration Process

  • Claims Administration means the processing of claims made under the Shared Policies, including, without limitation, the reporting of claims to the insurance carriers and the management of the defense of claims.

  • Medication administration means the direct application of medications by injection, inhalation, ingestion, or any other means to an individual receiving services by (i) persons legally permitted to administer medications or (ii) the individual at the direction and in the presence of persons legally permitted to administer medications.

  • Participant Direction Procedures means such instructions, guidelines or policies, the terms of which are incorporated herein, as shall be established pursuant to Section 4.10 and observed by the Administrator and applied and provided to Participants who have Participant Directed Accounts.

  • Administrative Safeguards are administrative actions, and policies and procedures, to manage the selection, development, implementation, and maintenance of security measures to protect electronic PHI and to manage the conduct of Contractor’s workforce in relation to the protection of that information.

  • Self-Administration of Medication means the individual manages and takes his or her own medication, identifies his or her medication and the times and methods of administration, places the medication internally in or externally on his or her own body without staff assistance upon written order of a physician, and safely maintains the medication without supervision.

  • Non-Administrator Coordinated Home Care Program means a Coordinated Home Care Program which does not have an agreement with the Claim Administrator or a Blue Cross Plan but has been certified as a home health agency in accordance with the guidelines established by Medicare.

  • Plan Administrator means the person, persons, and/or third-party administrator designated by the Company to administer the day to day operations of the Plan and the Company’s other equity incentive programs.

  • Administration of Medication means the act of placing a medication in or on an individual's body by a staff member who is responsible for the individual's care.

  • Administrative Procedures means the Administrative Procedures of Minnesota Management & Budget developed in accord with M.S. 43A.04, subdivision 4.

  • 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.

  • Administrative Committee means the committee in charge of Plan administration, as described in Article VII.

  • Claims Administrator means the firm proposed by Class Counsel and appointed by the Courts to administer the Settlement Amount in accordance with the provisions of this Settlement Agreement and the Distribution Protocol, and any employees of such firm.

  • Administrative Staff means all persons employed by the University who are categorised in terms of the Statutes as members of the administrative staff;

  • Customs Administration means the competent authority that is responsible under the law of a Party for the administration of customs laws and regulations;

  • Professional employer services means services provided to a client company pursuant to a written

  • Administrative penalty means a monetary fine imposed by the division for acts or

  • Administration Services means the services required for the effective and efficient administration of Bonitas and includes, but are not necessarily limited to, member record management, contribution management, benefit option management, claims processing and management, management of members’ personal, claims and financial information and any other services that are required for the administration of Bonitas;

  • Advanced emergency medical technician or “AEMT” means an individual who has successfully completed a course of study based on the United States Department of Transportation’s Advanced Emergency Medical Technician Instructional Guidelines (January 2009), has passed the psychomotor and cognitive examinations for the AEMT, and is currently certified by the department as an AEMT.

  • Plan Manager means Investec Bank plc which is authorised by the PRA and regulated by the FCA and the PRA and bound by its rules.

  • Recordkeeper means a “financial intermediary” as defined in Rule 22c-2 of the Investment Company Act.

  • Account Application Form means the Personal Account Application Form for International Personal Banking or Wealth and Investment as applicable;

  • Basic health plan services means that schedule of covered

  • Administrative Plans means investment plans offered by the Management Company and approved by the Commission, where such plans allow investors a specific investment strategy in any one or a combination of Schemes managed by the Management Company in accordance with the conditions specified by SECP.

  • Administrative Action has the meaning set forth in paragraph 4(a) of Annex I.

  • Benefits Committee means the Employee Benefits Committee of Textron.

  • PJM Administrative Service means the services provided by PJM pursuant to Tariff, Schedule 9. PJM Board: