Fund Administrator. Contemporaneously with the execution of this Agreement, XXXX and the Town will enter into a Fund Administration Agreement with respect to the administration and management of the Fund. The Fund Administration Agreement designates XXXX as the Fund Administrator. As the Fund Administrator, XXXX shall be responsible for depositing the Fund’s share of Town PILOT payments and School District PILOT payments made by End Users to a dedicated, interest-bearing depository account (the “Fund Account”) to be established at the banking institution at which XXXX regularly maintains its accounts. The Fund Administrator will have the discretion to invest and manage the Fund Account, subject to the investment limitations set forth in Section 10 of the GML. The Fund Administration Agreement also sets forth the criteria and methodology for the disbursement of monies from the Fund towards the payment of Fund Administration Expenses and Eligible Project costs.
Fund Administrator. In consultation and coordination with the Parties, the Settlement Administrator shall prepare all motions, proposed court order(s), and documents needed to establish and administer the QSF(s) in accordance with this MSA and court order(s). The Settlement Administrator shall obtain a Federal Taxpayer Identification Number (TIN) and open custodial bank account(s). The NPC may make recommendations for the election of custodial bank(s), but the selection requires MDL Court and MN Court approval. The Settlement Administrator shall make payments to Registered Claimants, their primary counsel, and any healthcare lienholder(s) and ensure compliance with the common benefit orders of the MDL Court and MN Court.
Fund Administrator. “Fund Administrator” means the person who shall serve as administrator of the Qualified Settlement Fund within the meaning of Treasury Regulation 1.468B-2(k)(3).
Fund Administrator. State Street serves as administrator to the Xxxxxxxxx Target. The Janus Adviser serves as administrator to the Janus Target. As administrator, State Street and the Janus Adviser oversee and/or prepare the computation of the applicable Target Fund’s NAV; net income and realized capital gains, if any; various reports for filing with the appropriate regulatory agencies; and various materials required by the SEC or any state securities commission having jurisdiction over the applicable Trust.
Fund Administrator. Upon the effective date of the Settlement Agreement and subject to its execution of such agreement, the City of Oroville shall be designated as and assume the duties of Fund Administrator. If the City does not execute the Settlement Agreement or withdraws from the Settlement Agreement, then DWR shall consult with other signatories and designate a different Fund Administrator.
