Administrator definition

Administrator means the Board or any of its Committees as will be administering the Plan, in accordance with Section 4 of the Plan.
Administrator means the Board or any of its Committees as shall be administering the Plan in accordance with Section 4 hereof.

Examples of Administrator in a sentence

  • The Indenture Trustee shall notify the Issuer and the Administrator promptly of any claim for which it may seek indemnity.

  • For all purposes of this Agreement, the Administrator shall be an independent contractor and shall not be subject to the supervision of the Issuer or the Owner Trustee with respect to the manner in which it accomplishes the performance of its obligations hereunder.

  • Failure by the Indenture Trustee to so notify the Issuer and the Administrator shall not relieve the Issuer or the Administrator of its obligations hereunder.

  • An assignment with such consent and satisfaction, if accepted by the assignee, shall bind the assignee hereunder in the same manner as the Administrator is bound hereunder.

  • Unless expressly authorized by the Issuer, the Administrator shall have no authority to act for or represent the Issuer or the Owner Trustee in any way and shall not otherwise be deemed an agent of the Issuer or the Owner Trustee.


More Definitions of Administrator

Administrator means either the Board or the compensation committee of the Board or a similar committee performing the functions of the compensation committee and which is comprised of not less than two Non-Employee Directors who are independent.
Administrator means the Board or any of the Committees appointed to administer the Plan.
Administrator means the Board or any of its Committees appointed pursuant to Section 4 of the Plan.
Administrator means the entity that conducts the general administration of the Plan as provided in Article 12. With reference to the duties of the Committee under the Plan which have been delegated to one or more persons pursuant to Section 12.6, or as to which the Board has assumed, the term “Administrator” shall refer to such person(s) unless the Committee or the Board has revoked such delegation or the Board has terminated the assumption of such duties.
Administrator means the Board or a Committee to the extent that the Board’s powers or authority under the Plan have been delegated to such Committee.
Administrator means the Board, or, if and to the extent the Board does not administer the Plan, the Committee in accordance with Section 3 hereof.
Administrator means the Board or any Committee designated by the Board to administer the Plan pursuant to Section 14.