Examples of Administered Entity in a sentence
Entrust may apply funds available from any Administered Entity and may realise or secure the assets of any such Administered Entity in satisfaction of fees, costs and/or expenses owed by any other Administered Entity in respect of the same Client.
The Client and each Administered Entity consents to such data processing in accordance with Entrust's policies and procedures in respect of data protection from time to time.
The costs of such Excluded Services shall be borne by the Client or the relevant Administered Entity.
The data are received on the 20 hydrophones spanning the whole water column.
By acceptance of these Terms and accepting or continuing to accept the Services, the Client and each Administered Entity acknowledges the destruction of Entrust’s files on the foregoing basis.
For the avoidance of doubt, a material failure on the part of the Client, any Administered Entity, and any Beneficiary to perform any obligation under this clause 5 shall represent a breach of these Terms.
Nothing in these Terms or in relation to the provision of the Services shall be construed as constituting or giving rise to a partnership between Entrust and any other person nor shall Entrust or any of its Appointees or Employees be deemed to be an employee of any Administered Entity or entitled to any remuneration or other benefits from an Administered Entity save than as set out herein and to the extent deemed for the purposes of the Administered Entity's compliance with the Economic Substance Law.
The Client and each Administered Entity agree that the Royal Court of Jersey shall have non- exclusive jurisdiction to hear and determine any action or proceeding arising out of or in connection with these Terms and for that purpose irrevocably submit to the jurisdiction of the Royal Court of Jersey.
All reasonable costs incurred by Entrust in connection with the collection of such information shall be borne by the Administered Entity.
The Client shall ensure that each Administered Entity is properly funded at all times, with at least the equivalent of one year of Annual Fee, to allow for the prompt payment of any liabilities of the Administered Entity (including liabilities to Entrust in respect of fees, costs and expenses) as and when they arise and will promptly provide any such funding as and when requested.