Administration and Master Clause Samples
The 'Administration and Master' clause defines the roles and responsibilities of the parties or entities tasked with overseeing and managing the agreement or project. Typically, this clause outlines who will act as the administrator or master, what authority they have, and the scope of their duties, such as coordinating activities, maintaining records, or ensuring compliance with the agreement's terms. By clearly assigning administrative authority, this clause helps prevent confusion, streamlines decision-making, and ensures that the agreement is effectively managed throughout its duration.
Administration and Master. SERVICING OF MORTGAGE LOANS
Administration and Master
