By the Administrator Sample Clauses

By the Administrator. The Administrator shall indemnify and hold the Sub-Administrator, including its affiliates and all their partners, officers, directors, trustees, employees, shareholders and agents harmless from and against any and all losses, damages, costs, charges, counsel fees, payments, expenses and liabilities arising out of or attributable to: (1) The acts or omissions of any entity that contracts with and/or provides services to an Investment Company (including any adviser, sub-adviser, custodian, fund accountant, administrator other than Sub-Administrator) other than a subcontractor Sub-Administrator selects under Article 10.A. or 10.B. (2) The reasonable reliance on or use by Sub-Administrator or its agents or subcontractors of information, records and documents in proper form which are received by Sub-Administrator or its agents or subcontractors from advisers, sub-advisers, custodian, fund accountant, or other third parties contracted by or approved by the Investment Company or Fund for use in the performance of services under this Agreement; or (3) All actions of the Sub-Administrator required to be taken pursuant to this Agreement, provided that such actions are taken in good faith and without negligence or willful misconduct; (4) The reasonable reliance by the Sub-Administrator on, or use of, information, records or documents that have been prepared and/or maintained by an Investment Company or its affiliates, Administrator or any other person or firm on a Fund's behalf; and (5) The reasonable reliance by the Sub-Administrator on, or the carrying out by Administrator, Sub-Administrator or their agents or subcontractors, of Proper Instructions of the Investment Company or a Fund and any instructions or requests on a Fund's behalf reasonably believed by the Sub-Administrator to have been given by a person or persons authorized to give such instructions or requests. For purposes of this Article, the term "Sub-Administrator" shall include the Sub-Administrator and any of its agents and affiliates, and, in each case, the directors/trustees, officers and employees thereof; and
By the Administrator. The Administrator may not assign this Agreement without the prior written consent of the Project Company, except that the Administrator may, without such consent, assign this Agreement (i) to any Affiliate or (ii) to any Person that has (or whose obligations under this Agreement are guaranteed by an entity that has) Relevant Experience.
By the Administrator. The Administrator may not assign this Agreement without the prior written consent of the Owner, which consent may not be unreasonably withheld, except that the Administrator may, without such consent, assign or delegate any of its rights or obligations under this Agreement to any of its Affiliates (subject to any applicable requirements under the Financing Documents or Project Documents).
By the Administrator. The Administrator shall indemnify and hold the Subadministrator harmless from and against any and all losses, claims, damages, liabilities or expenses (including, but not limited to, reasonable attorneys fees and expenses) arising out of or attributable to: (i) All actions of the Subadministrator required to be taken pursuant to this Agreement, provided that such actions are taken in good faith and without negligence or willful misconduct; (ii) The reasonable reliance by the Subadministrator on, or use of, information, records or documents that have been prepared and/or maintained by the Administrator or any other person or firm on a Fund's behalf; and (iii) The reasonable reliance by the Subadministrator on, or the carrying out by the Subadministrator of, any instructions or requests on a Fund's behalf reasonably believed by the Subadministrator to have been given by a person or persons authorized to give such instructions or requests. For purposes of this Subsection 6(a), the term "Subadministrator" shall include the Subadministrator and any of its agents and affiliates, and, in each case, the directors/trustees, officers and employees thereof.
By the Administrator. Administrator and Parent, jointly and severally, shall indemnify, defend and hold the Group and its officers, shareholders, directors, employees, agents, attorneys and consultants, harmless from and against any and all liabilities, losses, damages, claims, causes of action and expenses (including reasonable attorneys’ fees), not covered by insurance (including self-insured insurance and reserves), whenever arising or incurred, that are caused or asserted to have been caused, directly or indirectly, by or as a result of the performance of any intentional acts, negligent acts or omissions by Administrator, Parent or Affiliates and/or any of their respective shareholders, employees and/or subcontractors (other than the Group or its employees) during the term of this Agreement. Provided, however that in the event an indemnification obligation under the preceding sentence arises as a result of any act or omission of a person who is an officer, shareholder or other equity holder, director, employee, agent, attorney or consultant of the Group (other than in connection with the activities of the Joint Planning Board), such person shall not be entitled to indemnification in connection therewith and any other adjustment as is equitable shall be made to Administrator’s or Parent’s indemnification obligation arising thereby.
By the Administrator. The Administrator may not assign this Agreement without the prior written consent of the Company.

Related to By the Administrator

  • To the Administrator An Administrator Expenses Payment not to exceed $10,000 except for a showing of good cause and as approved by the Court. To the extent the Administration Expenses are less or the Court approves payment less than $10,000, the Administrator will retain the remainder in the Net Settlement Amount.

  • The Administrator The Administrator shall furnish at its own expense the executive, supervisory and clerical personnel necessary to perform its obligations under this Agreement. The Administrator shall also provide the items which it is obligated to provide under this Agreement, and shall pay all compensation, if any, of officers of the Trust as well as all Trustees of the Trust who are affiliated persons of the Administrator or any affiliated corporation of the Administrator; provided, however, that unless otherwise specifically provided, the Administrator shall not be obligated to pay the compensation of any employee of the Trust retained by the Trustees of the Trust to perform services on behalf of the Trust.

  • Compensation of the Administrator For the services to be rendered by the Administrator as provided in Section 2 of this Agreement, the Portfolio shall pay to the Administrator, at the end of each month, a fee equal to one-twelfth of 0.15 percent of the net assets of the Portfolio. If this Agreement is terminated prior to the end of any month, the fee for such month shall be prorated.

  • Retention of the Administrator The Trust hereby retains the Administrator to act as the administrator of the Portfolios and to furnish the Portfolios with the management and administrative services as set forth in Article 2 below. The Administrator hereby accepts such employment to perform the duties set forth below. The Administrator shall, for all purposes herein, be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Trust in any way and shall not be deemed an agent of the Trust.

  • Independence of the Administrator 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. 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.