Lead Administrative Trustee Sample Clauses

Lead Administrative Trustee. There shall be a Lead Administrative Trustee (LAT) responsible for managing and coordinating joint NRDA activities for the Trustee Council. Specific responsibilities of the LAT shall include:
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Lead Administrative Trustee. The Trustees designate NOAA as Lead Administrative Trustee (LAT) under this Agreement for the purpose of directing and coordinating trustee activities towards resolution of claims arising from the Spill, and other trustee activities as authorized by the Trustee Council. The LAT shall fully coordinate its activities with and only act under the direction of the Trustee Council. Other duties of the LAT and/or the other Trustee entities shall be arrived at by resolution of the Trustee Council.
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Lead Administrative Trustee. It is the goal of the Trustees to work together cooperatively and to coordinate their communications with the public and the PRPs. For purposes of facilitating the exchange of information and the coordination of positions among the Trustees, one Trustee will be designated the Lead Administrative Trustee (LAT). The LAT is responsible for managing and coordinating NRDA activities for the Trustees and serves as the Trustee Council’s primary contact and representative on NRDAR-related issues in accordance with Trustee Council decisions. The LAT will be responsible for:
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Lead Administrative Trustee. The Parties to this Agreement hereby designate NJDEP as the LAT for NRDAR actions related to the American Cyanamid Superfund Site. The designation of the LAT may be modified by Resolution of the Trustee Council and its duties can be changed by Resolution of the Trustee Council. The Trustees agree that the LAT’s responsibilities shall include directing and coordinating Trustee NRDAR activities, maintaining an administrative record for the site, and any other trustee activities as authorized by the Trustee Council. The LAT shall fully coordinate its activities with and only act under the direction of the Trustee Council. The LAT may delegate any of its duties to another Trustee with the unanimous approval of the Trustee Council.
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Lead Administrative Trustee. The Trustees hereby agree to designate the U.S. Fish and Wildlife Service to act as Lead Administrative Trustee (LAT) under this MOA. The LAT’s duties shall include, but are not limited to: • coordinating the development of a case work plan and budget for approval by the Trustee Council; • coordinating and monitoring the progress of the formulation of technical and legal positions for covenants not to sue, administrative agreements, or other negotiations; • preparing Trustee Council Resolutions for approval by the Trustees; • developing a draft restoration plan and, as applicable, National Environmental Policy Act analysis; • coordinating and monitoring the preparation of all appropriate documentation of the natural resource damage assessment and restoration process in accordance with applicable laws; • preparing all press releases and other public informational documents for approval by the Trustee Council; • scheduling meetings of the Trustee Council and notifying Trustee Council members of those meetings on a timely basis; • preparing agendas for those meetings; • acting as a central contact point for the Trustee Council; • establishing and maintaining the administrative record for both the injury assessment and restoration as agreed to by the Trustee Council; and • performing other administrative duties as directed by the Trustee Council. The Lead Administrative Trustee will be responsible for informing the other Trustee Council representative of all pertinent developments on a timely basis. The Lead Administrative Trustee may delegate any of his/her duties to another Trustee representative with the concurrence of the Council. Assigned duties do not provide the Lead Administrative Trustee with decision- making rights for the other Trustee or beyond those normally held by each Trustee.
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Lead Administrative Trustee 
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Related to Lead Administrative Trustee

  • Appointment of Co-Trustee or Separate Trustee Notwithstanding any other provisions of this Agreement, at any time, for the purpose of meeting any legal requirements of any jurisdiction in which any part of the Trust Fund or property securing any Mortgage Note may at the time be located, the Master Servicer and the Trustee acting jointly shall have the power and shall execute and deliver all instruments to appoint one or more Persons approved by the Trustee to act as co-trustee or co-trustees jointly with the Trustee, or separate trustee or separate trustees, of all or any part of the Trust Fund, and to vest in such Person or Persons, in such capacity and for the benefit of the Certificateholders, such title to the Trust Fund or any part thereof, whichever is applicable, and, subject to the other provisions of this Section 8.10, such powers, duties, obligations, rights and trusts as the Master Servicer and the Trustee may consider necessary or desirable. If the Master Servicer shall not have joined in such appointment within 15 days after the receipt by it of a request to do so, or in the case an Event of Default shall have occurred and be continuing, the Trustee alone shall have the power to make such appointment. No co-trustee or separate trustee hereunder shall be required to meet the terms of eligibility as a successor trustee under Section 8.06 and no notice to Certificateholders of the appointment of any co-trustee or separate trustee shall be required under Section 8.08. Every separate trustee and co-trustee shall, to the extent permitted by law, be appointed and act subject to the following provisions and conditions:

  • Transfer Agent and Registrar The Trustees shall have power to employ a transfer agent or transfer agents, and a registrar or registrars, with respect to the Shares. The transfer agent or transfer agents may keep the applicable register and record therein, the original issues and transfers, if any, of the said Shares. Any such transfer agents and/or registrars shall perform the duties usually performed by transfer agents and registrars of certificates of stock in a corporation, as modified by the Trustees.

  • Fiscal Agent The FRBNY shall be the Fiscal Agent for Fed Book-Entry Debt Securities. In acting under the Fiscal Agency Agreement, the FRBNY shall act solely as Fiscal Agent of Xxxxxxx Mac and does not assume any obligation or relationship of agency or trust for or with any Holder of a Fed Book-Entry Debt Security.

  • Trustee Section 7.01.

  • Escrow Agent Not a Trustee The Escrow Agent accepts duties and responsibilities under this Agreement, and the escrow securities and any share certificates or other evidence of these securities, solely as a custodian, bailee and agent. No trust is intended to be, or is or will be, created hereby and the Escrow Agent shall owe no duties hereunder as a trustee.

  • DEUTSCHE TRUSTEE COMPANY LIMITED, as trustee (the “Trustee”);

  • Administrative Transfer Administrative Transfer is a transfer of a Teacher from one school to another, which is initiated by the Board, to address program and staffing needs which may not be addressed through the mobility process

  • Settlement Administrator 52. The Settlement Administrator shall administer various aspects of the Settlement as described in the next Paragraph and perform such other functions as are specified for the Settlement Administrator elsewhere in this Agreement, including, but not limited to, providing Mail Notice to Settlement Class Members as described in Section VII; effecting Publication Notice; establishing and operating the Settlement Website and a toll-free number; administering the Claims processes; and distributing cash payments according to the processes and criteria set forth in Section X and Exhibits 5, 6, and 7.

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