Administration of Distributions Sample Clauses

Administration of Distributions. Direct distributions of Additional Settlement Funds shall be administered according to (ii) with respect to NOAT II Funds, the NOAT II Plan, and (ii) with respect to Additional Company Settlement Funds, the Additional Settling Company Agreement under which such Additional Company Settlement Funds are paid, each consistent with this Agreement and the instructions submitted to the applicable administrator of the NOAT II Plan or Additional Settling Company Agreement by the OR Participating Subdivisions.
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Administration of Distributions. Whenever the Disbursing Agent is prepared to make a distribution from the Xxxxxx Settlement Fund, Xxxxxx Settlement Facility, or MetLife Settlement Facility, the Disbursing Agent, the Trustee, and the Administrator shall use good faith efforts to reach a consensus on the timing, amounts, and structure of each and every distribution in a manner complying with all provisions of this Agreement. Written notice of the timing, amounts, and structure of every distribution from the Xxxxxx Settlement Fund shall be provided to Xxx. Xxxxxx’x counsel and Stone Street. In the event a dispute arises between the Trustee and the Administrator regarding the proper form of any distribution, the Trustee and the Administrator shall first attempt to resolve the dispute informally and then through mediation. If the Trustee and the Administrator fail to resolve the dispute at mediation, then such dispute shall be settled pursuant to binding arbitration by a single arbitrator in Charlotte, North Carolina, in accordance with the Commercial Arbitration Rules of the American Arbitration Association.

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  • Administration of Agreement All approvals referenced in this Agreement must be obtained from the parties' contract administrators or their designees. All notices must be given to the parties' contract administrators respectively. The OAG's contract administrator is Xxxxxxxxx X. Xxxxxx, Chief, Bureau of Advocacy and Grants Management. The Provider’s contract administrator will be provided at the time of execution. The parties will provide each other with written notification of any change in its designated representative for this Agreement. Such changes do not require a formal written amendment to this Agreement.

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