Administration and Adjustment Sample Clauses

Administration and Adjustment. Fremont will adjust, administer and service, at the cost and expense of AHIC, all of the Insurance Policies and Policy Liabilities prior to a completed assumption under this Agreement. Pursuant to the terms of the Program Manager Agreement and that certain Claims Service Agreement (the "Claims Service Agreement") between Fremont and SCPIE Management Services, Inc. ("SMS") of even date herewith, Fremont will grant to SCPIE Management Company, SCPIE Insurance Services, Inc. and SMS, as appropriate, authority in all matters relating to the administration of the Insurance Policies in accordance with such agreements, to the extent such authority may be granted under applicable law. This power and authority includes, without limitation, the power to service all the Insurance Policies, to defend, settle and pay all claims and to take such other actions as may be necessary or desirable to effect the transactions contemplated by this Agreement. Notwithstanding the foregoing, the parties agree that Fremont shall have final authority with respect to the administration of the Insurance Policies prior to such policies becoming Assumed Insurance policies.
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Related to Administration and Adjustment

  • COLLECTION AND ADMINISTRATION 42 5.1 Borrower's Loan Accounts ............................................................. 42 5.2 Statements ........................................................................... 42 5.3

  • Distributions and Adjustments (a) If any Shares vest subsequent to any change in the number or character of the Common Stock of the Company without additional consideration paid to the Company (through any stock dividend or other distribution, recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase or exchange of shares or otherwise), you shall then receive upon such vesting the number and type of securities or other consideration which you would have received if such Shares had vested prior to the event changing the number or character of the outstanding Common Stock.

  • Administration and Collection SECTION 6.01.

  • Administration and Collections 16 Section 4.1. Appointment of the Servicer......................................................................16 Section 4.2. Duties of the Servicer...........................................................................17 Section 4.3. Lock-Box Account Arrangements....................................................................18 Section 4.4. Enforcement Rights...............................................................................19 Section 4.5. Responsibilities of the Seller...................................................................20 Section 4.6. Servicing Fee....................................................................................20

  • Prorations and Adjustments The following shall be prorated and adjusted between Seller and Purchaser as of the day of the Closing, except as otherwise specified:

  • Compensation and FUND ACCOUNTING Expenses FUND ACCOUNTING shall be paid as compensation for its services pursuant to this Agreement such compensation as may from time to time be agreed upon in writing by the two parties. FUND ACCOUNTING shall be entitled, if agreed to by the Fund on behalf of the Portfolio, to recover its reasonable telephone, courier or delivery service, and all other reasonable out-of-pocket, expenses as incurred, including, without limitation, reasonable attorneys' fees and reasonable fees for pricing services.

  • Administration and Servicing OF MORTGAGE LOANS

  • Administration of Trust The Trustee shall administer the trust of the Indenture and shall perform a substantial part of its obligations relating to each series of Debt Securities and this Indenture at its corporate trust office in the City of New York.

  • Closing Prorations and Adjustments The prorations set forth in this Section 6.5 shall be on a Property-by-Property basis and not among, or between, Properties, and shall not be allocated on an Applicable Share basis.

  • Administration of Agreement 35 31. Severability.............................................................36 32.

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