Responsibilities of Administrator Sample Clauses

Responsibilities of Administrator. The Administrator shall perform (or oversee, or arrange for, the performance of) the administrative services necessary for the operation of the Fund, including providing general ledger accounting, fund accounting, legal services, investor relations and other administrative services. Without limiting the generality of the foregoing, the Administrator shall: (i) provide the Fund with: (A) office facilities and equipment, (B) clerical, bookkeeping, accounting and recordkeeping services, (C) legal services, and (D) all such other administrative services as the Administrator shall from time to time determine to be necessary or appropriate to perform its obligations under this Agreement; (ii) on behalf of the Fund, enter into agreements and/or conduct relations with custodians, depositories, transfer agents, distribution disbursing agents, the distribution reinvestment plan administrator, shareholder servicing agents, accountants, auditors, tax consultants, advisers and experts, investment advisers, escrow agents, attorneys, dealer managers, underwriters, brokers and dealers, investor custody and share transaction clearing platforms, marketing, sales and advertising materials contractors, public relations firms, investor communication agents, printers, insurers, banks, third-party pricing or valuation services, regulatory bodies, and such other persons in any such other capacity deemed to be necessary or desirable by the Administrator and the Fund; (iii) have the authority to enter into one or more sub-administration agreements with other service providers (each, a “Sub-Administrator”) pursuant to which the Administrator may obtain the services of the service providers in fulfilling its responsibilities hereunder. Any such sub-administration agreements shall be in accordance with the requirements of the Investment Company Act, and other applicable federal and state law, and shall contain a provision requiring the Sub-Administrator to comply with Sections 1(e) and 2 below as if it were the Administrator. The Administrator and not the Fund shall be responsible for any compensation payable to any Sub-Administrator. (iv) as may be requested, make reports to the Board of its performance of its obligations hereunder; (v) furnish advice and recommendations with respect to such other aspects of the business and affairs of the Fund as the Administrator reasonably shall determine to be desirable; provided that nothing herein shall be construed to require the Administrator...

Responsibilities of Administrator. Administrator shall administer the Program and adjudicate claims, which shall include performing its obligations under the Administration Agreement with Insurer. Administrator shall be responsible for the following tasks in the conduct of the Program.

Responsibilities of Administrator. Disputes).

Responsibilities of Administrator. The Administrator shall perform (or oversee, or arrange for, the performance of) certain administrative services necessary for the day-to-day operations of the Funds, including providing the Funds with legal services.

Responsibilities of Administrator. The Administrator will operate in a good faith and commercially reasonable manner when taking actions permitted by the terms of this Agreement. The Administrator will perform the following services and activities (“Services”) at the Liquidator’s direction: (a) Review and analyze Disputed Opt-Out Claims, determine coverage and exposure of Disputed Opt-Out Claims and make recommendations to the Liquidator with respect to the Allowance or Disallowance thereof; (b) Conduct audits of the Policyholder Claims to determine accuracy of data submitted in connection with Disputed Opt-Out Claims; (c) Prepare any necessary agreements, pleadings or other papers in connection with the settlement of Disputed Opt-Out Claims and the Allowance or Disallowance thereof; (d) Prepare for the Liquidator’s use initial and supplemental settlement/reserve authority reports on the largest Disputed Opt-Out Claims; (e) Attend meetings of the Liquidator’s staff to present requests for Allowance or Disallowance of Claims, changes of reserves and for such other purposes as the Liquidator may reasonably request; (f) Present any Allowed Claims to Reinsurers under Reinsurance Agreements, present any claims under Retrocession Agreements and take such action as may be necessary and appropriate to collect amounts owing under Reinsurance Agreements and Retrocession Agreements; (g) Arrange for Distributions with respect to Allowed Claims as provided by the Plan, the Purchase Agreement and the Ancillary Agreements; (h) Communicate on behalf of the Liquidator with the Holders of Disputed Opt-Out Claims and Reinsurers as required to obtain relevant claims information and maintain effective relations with such Holders and Reinsurers; (i) At the request of the Liquidator, seek reimbursement or recovery by way of salvage, subrogation or otherwise with respect to any Policyholder Claim paid by the Purchaser; (j) When and to the extent requested by the Liquidator, arrange for legal representation of the Liquidator in connection with any legal proceeding relating to the above services, including representing the Liquidator in court proceedings, the preparation of legal papers and other legal support; (k) At the Liquidator’s discretion, arrange for the payment of Distributions with respect to Allowed Opt-Out Claims twice per annum in accordance with the Plan; (l) At the Liquidator’s request, assist in the investigation and adjustment of Claims of Cedents pursuant to Section 8.2.4 of the Plan; (m) Report un...

Responsibilities of Administrator. The Administrator and/or it’s designated Third Party Administrator shall perform all of the following administrative services to the extent necessary to meet Dealer's needs:‌ 1. Administrator will assist Dealer in the marketing of the Program. Provide Dealer administrative forms, promotional material, and Express Lane logins necessary to implement the Program. 2. Administrator will investigate, process and pay claims covered by validly issued Registrations, in accordance with the then current claims procedures of the Administrator.‌ 3. Administrator will process all complete and legible OMP Registrations upon receipt from Dealer. 4. Administrator will keep records of all OMP Registrations issued, canceled, terminated, and submitted for reimbursement of a Loss. 5. Administrator will administer the Program and will verify, approve, review, and adjust OMP Registrations in accordance with the terms, conditions, and exclusions pertaining to the OMP, and any Procedural Manuals which have been provided in writing to both parties. 6. Administrator will compile all documents from Member to establish that a Loss has been sustained and qualifies for a payable Loss under the OMP.‌ 7. Upon request, Administrator will provide Dealer with any pertinent information relative to a Loss. 8. Administrator agrees to process eligible OMP Registrations submitted within seven (7) business days of receipt of proper documentation. 9. Administrator will forward OMP Loss requests to Insurer for reimbursement to Dealer, if Dealer purchased the Policy and paid the appropriate payment for such coverage. Administrator will instruct Insurer to forward payment to the appropriate entity under the Policy in connection with any Loss requests. If the appropriate payment has not been paid, Administrator will access a $150.00 fee to process the Loss request. 10. Administrator reserves the right to offset any amounts due to the Dealer under this Agreement against any amounts due from the Dealer under this or any other agreements which Dealer may have from time-to-time with Administrator, its subsidiaries, or affiliates. 11. Dealer acknowledges that Administrator is not the issuer of the Policy and is not liable to Dealer or Dealer’s assignee for any OMP Registration requests made under the Policy.‌ 12. The Administrator shall maintain, at its sole cost and expense, an insurance policy which will provide coverage for all proper claims submitted under the Program, in all states where such insurance...

Responsibilities of Administrator