Common use of APPOINTMENT OF SUBSTITUTE ADMINISTRATOR Clause in Contracts

APPOINTMENT OF SUBSTITUTE ADMINISTRATOR. 2.1 Subject as provided herein, HML hereby agrees to act as substitute administrator xxxxxxxxx and to assume the duties and obligations of both of the Administrators (save for those obligations set out in clause 18.1.3 of the Administration Agreement) on the same terms, mutatis mutandis, as those set out in the Administration Agreement which shall accordingly be incorporated herein but as amended as set out in Schedule 1 (Amendments to Administration Agreement). To the extent that there is direct conflict between the provisions of the Administration Agreement and this Agreement, this Agreement shall prevail over provisions in the Administration Agreement where the Substitute Administrator's rights are affected.

Appears in 1 contract

Samples: Substitute Administrator Agreement

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APPOINTMENT OF SUBSTITUTE ADMINISTRATOR. 2.1 Subject as provided herein, HML hereby agrees to act as substitute administrator xxxxxxxxx hereunder and to assume the duties and obligations of both of the Administrators Administrator (save for those obligations set out in clause 18.1.3 of the Administration Agreement) on the same terms, mutatis mutandis, as those set out in the Administration Agreement which shall accordingly be incorporated herein but as amended as set out in Schedule 1 (Amendments to Administration Agreement). To the extent that there is direct conflict between the provisions of the Administration Agreement and this Agreement, this Agreement shall prevail over provisions in the Administration Agreement where the Substitute Administrator's rights are affected.

Appears in 1 contract

Samples: investorreporting.paragonbankinggroup.co.uk

APPOINTMENT OF SUBSTITUTE ADMINISTRATOR. 2.1 Subject as provided herein, HML hereby agrees to act as substitute administrator xxxxxxxxx hereunder and to assume the duties and obligations of both of the Administrators (save for those obligations set out in clause 18.1.3 of the Administration Agreement) on the same terms, mutatis mutandis, as those set out in the Administration Agreement which shall accordingly be incorporated herein but as amended as set out in Schedule 1 (Amendments to Administration Agreement). To the extent that there is direct conflict between the provisions of the Administration Agreement and this Agreement, this Agreement shall prevail over provisions in the Administration Agreement where the Substitute Administrator's rights are affected.

Appears in 1 contract

Samples: Substitute Administrator Agreement

APPOINTMENT OF SUBSTITUTE ADMINISTRATOR. 2.1 Subject as provided herein, HML hereby agrees to act as substitute administrator xxxxxxxxx hereunder and to assume the duties and obligations of both of the Administrators Administrator (save for those obligations set out in clause 18.1.3 clauses 18.1(c) of the Administration Agreement) on the same terms, mutatis mutandis, as those set out in the Administration Agreement which shall accordingly be incorporated herein but as amended as set out in Schedule 1 (Amendments to Administration Agreement). To the extent that there is direct conflict between the provisions of the Administration Agreement and this Agreement, this Agreement shall prevail over provisions in the Administration Agreement where the Substitute Administrator's rights are affected.

Appears in 1 contract

Samples: investorreporting.paragonbankinggroup.co.uk

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APPOINTMENT OF SUBSTITUTE ADMINISTRATOR. 2.1 Subject as provided herein, HML hereby agrees to act as substitute administrator xxxxxxxxx hereunder and to assume the duties and obligations of both of the Administrators (save for those obligations set out in clause 18.1.3 Clause 17.1.3 of the Administration Agreement) on the same terms, mutatis mutandis, as those set out in the Administration Agreement which shall accordingly be incorporated herein but as amended as set out in Schedule 1 (Amendments to Administration Agreement). To the extent that there is direct conflict between the provisions of the Administration Agreement and this Agreement, this Agreement shall prevail over provisions in the Administration Agreement where the Substitute Administrator's rights are affected.

Appears in 1 contract

Samples: Substitute Administrator Agreement

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