ADMINISTRATIVE MANAGEMENT definition

ADMINISTRATIVE MANAGEMENT means an employee customarily having responsibility for formulating, administering or managing the implementation of County policies and programs.

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ADMINISTRATIVE MANAGEMENT. Fee shall mean the sum of Fifty Thousand Dollars ($50,000.00) which shall be paid to CIT in accordance with Paragraph 8.7 hereof to offset the expenses and costs (excluding Out-of-Pocket Expenses and auditor fees) of CIT in connection with administration, record keeping, analyzing and evaluating the Collateral. Anniversary Date shall mean the date occurring three (3) years from the Closing Date and the same date in every year thereafter. Applicable Margin shall mean:

ADMINISTRATIVE MANAGEMENT. FEE shall mean the fee payable to the Agent for its own account in accordance with Section 10.09 hereof to offset the costs and expenses (excluding Out-of-Pocket Expenses and auditor fees) of the Agent in connection with administration, record keeping, analysis and evaluation of the Collateral. ANNIVERSARY DATE shall mean the date occurring five (5) years from the Closing Date and the same date in every year thereafter. APPLICABLE INCREMENT shall mean on any date of determination, with respect to any Revolving Loan bearing interest based on the Base Rate or LIBOR, or any portion of the Term Loan bearing interest based on the Base Rate or LIBOR, the applicable rate per annum set forth below under the applicable caption, based upon the Fixed Charge Coverage Ratio corresponding thereto for the period of four consecutive Fiscal Quarters ending immediately prior to such date of determination. The Applicable Increment shall apply during the period commencing on the first day of the month following the month during which the Agent shall have received the financial statements required to be delivered pursuant to Section 8.01 for any referenced Fiscal Quarter, and ending on the last day of the month during which the Agent shall have received such financial statements for the next succeeding Fiscal Quarter, provided however, that until such time as the Agent receives such financial statements for the Fiscal Quarter ending in September, 2000, the Applicable Increment shall be those set forth below opposite Case 1.

Examples of ADMINISTRATIVE MANAGEMENT in a sentence

• ADMINISTRATIVE MANAGEMENT FEE shall have the meaning provided for in Section 8.6 of this Financing Agreement.

• ADMINISTRATIVE MANAGEMENT FEE shall mean the sum of $2,000.00, which shall be paid to CIT in accordance with Section 8, Paragraph 8.8 hereof to offset the expenses and costs (excluding Out-of-Pocket Expenses and auditor fees) of CIT in connection with administration, record keeping, analyzing and evaluating the Collateral.

• ADMINISTRATIVE MANAGEMENT FEE shall mean the sum of $25,000.00 per year and be paid to CIT in accordance with Section 8, paragraph 8.8 hereof to offset the expenses and costs (excluding Out-of-Pocket Expenses and auditor fees) of CIT in connection with administration, record keeping, analyzing and evaluating the Collateral.

• ADMINISTRATIVE MANAGEMENT FEE shall mean an amount equal to Fifty Thousand Dollars ($50,000) per annum, payable to Agent exclusively in accordance with Section 8.8 of this Financing Agreement, to cover the costs of Agent (excluding Out-of-Pocket Expenses) in connection with the routine administration, record keeping, analysis and evaluation of the Collateral.

• ADMINISTRATIVE MANAGEMENT FEE shall mean the sum of $1,000.00 per month which shall be paid to CIT in accordance with Section 8, paragraph 8.8 hereof to offset the expenses and costs (excluding Out-of-Pocket Expenses and auditor fees) of CIT in connection with administration, record keeping, analyzing and evaluating the Collateral.

• THE BORROWERS SHALL HAVE PAID ALL OF THE FEES AND ALL EXPENSES PAYABLE ON THE EFFECTIVE DATE REFERRED TO HEREIN, INCLUDING, WITHOUT LIMITATION, THE FACILITY FEE, THE ADMINISTRATIVE MANAGEMENT FEE AND ALL OUT-OF-POCKET COSTS AND EXPENSES INCURRED IN CONNECTION WITH THE PREPARATION, EXECUTION AND CLOSING OF THIS AGREEMENT AND THE TRANSACTION.

• DIRECTOR ================= THE EUECUTIVE DIRECTOR WILL BE IN CHARGE OF THE ADMINISTRATIVE MANAGEMENT OF THE ASSOCIATION, INVOLVED BY THE SUPPORT BODIES TO ACHIEVE THE PURPOSES OF THE ASSOCIATION; SPECIFYING THAT THESE SFRÁN SUPPORT BODIES CREATED BY AGREEMENT OF THE BOARD OF DIRECTORS IN ACCORDANCE WITH THE NEEDS OF THE ASSOCIATION.

• Laundry 1 170 170.00 ADMINISTRATIVE MANAGEMENT COMPLEMENTARY General Management General Manager (inc.

• By: Name: Title: By: Name: Title: Exhibit B THIS OPERATING AND ADMINISTRATIVE MANAGEMENT AGREEMENT (this “Operating Agreement”), dated December 1, 2017 (the “Effective Date”) is entered into by and between SHELL MIDSTREAM PARTNERS GP LLC, a Delaware limited liability company (the “Operator”), SHELL PIPELINE COMPANY LP (“SPLC”), a Delaware limited partnership, and TRITON WEST LLC, a Delaware limited liability company (the “Company”).

• ADMINISTRATIVE MANAGEMENT In addition to updating financial procedures, a management review of job descriptions held by the RPC (▇▇▇▇▇▇▇) and ▇▇▇▇ Project Manager (Gonese) was undertaken to streamline respective tasks and responsibilities.

More Definitions of ADMINISTRATIVE MANAGEMENT

ADMINISTRATIVE MANAGEMENT. FEE shall mean an amount equal to Fifty Thousand Dollars ($50,000) per annum, payable to Agent exclusively in accordance with Section 8.8 of this Financing Agreement, to cover the costs of Agent (excluding Out-of-Pocket Expenses) in connection with the routine administration, record keeping, analysis and evaluation of the Collateral.

ADMINISTRATIVE MANAGEMENT. FEE shall mean the fee set forth in the Fee Agreement which shall be paid to Agent for its own account in accordance with Paragraph 8.3 of Section 8 of this Financing Agreement to offset the expenses and costs (excluding Out-of-Pocket Expenses and auditor fees) of Agent in connection with administration, record keeping, periodic examinations, analyzing and evaluating the Collateral. AFFILIATE shall mean a person, firm, entity or corporation (other than a subsidiary of Parent): (i) which directly or indirectly through one or more intermediaries controls, or is controlled by, or is under common control with, a person, firm, entity or corporation; (ii) which beneficially owns or holds ten percent (10%) or more of any class of the capital stock of a person, firm, entity or corporation; or (iii) ten percent (10%) or more of the capital stock (or in the case of a person, firm or entity which is not a corporation, ten percent (10%) or more of the equity interest) of which is beneficially owned or held by a person, firm, entity or corporation or a subsidiary of a person, firm, entity or corporation. ANNIVERSARY DATE shall mean December 31, 2007 and December 31 of each year thereafter. APPLICABLE PERCENTAGE shall mean, for any day, the rate per annum set forth below opposite the applicable Level then in effect: Applicable Percentage for Prime Rate Loans Level Revolving Loans Term Loan ----- --------------- --------- Level I 0.00% 1.00% Level II 0.25% 1.25% Level III 0.50% 1.50% Level IV 0.75% 1.75% Applicable Percentage for LIBOR Loans Level Revolving Loans Term Loan ----- --------------- --------- Level I 2.50% 3.50% Level II 3.00% 4.00% Level III 3.50% 4.50% Level IV 4.00% 5.00% The Applicable Percentage shall, in each case, be determined after receipt by the Agent of the financial statements as of the end of each Fiscal Quarter of the Companies and for that portion of the Fiscal Year of the Companies then ended which are required to be delivered to the Agent in accordance with the provisions of Paragraph 7.8 of Section 7 of this Agreement, commencing with the second Fiscal Quarter of Fiscal Year ending December 31, 2004, and shall be adjusted based on the Level as of the end of such Fiscal Quarter effective on the first (1st) day of the month following the receipt by the Agent of such financial statements (each, an "Adjustment Date"). Such Applicable Percentage shall be effective from such Adjustment Date until the next such Adjustment Date. Level III of the App...

ADMINISTRATIVE MANAGEMENT. FEE shall mean the fee payable to the Agent for its own account in accordance with Section 9.08 hereof to offset the costs and expenses (excluding Out- of-Pocket Expenses and auditor fees) of the Agent in connection with the administration of this Financing Agreement. AFFILIATE shall mean, with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified. ANNIVERSARY DATE shall mean the earlier of: (a) the date occurring five (5) years from the Closing Date; and (b) the date which is 90 days prior to the stated maturity of the Pegasus Debt, as set forth in the Pegasus Financing Agreement, as in effect on the Closing Date, unless the stated maturity of the Pegasus Debt is extended or the Pegasus Debt refinanced (i) with a maturity on or after the date referred to in the preceding clause (a) and (ii) on terms that are (x) more advantageous to the Borrower or substantially the same, and no less favorable to the Agent and the Lenders, as the terms of the Pegasus Debt in effect on the Closing Date and (y) otherwise acceptable to the Agent. APPLICABLE INCREMENT shall mean on any date of determination, with respect to any Revolving Loan bearing interest based on the Base Rate or LIBOR, the applicable rate per annum set forth below under the applicable caption, based upon the average daily Availability corresponding thereto for the Fiscal Quarter ended immediately prior to such date of determination; PROVIDED, HOWEVER, that (a) for the period beginning on and including the Closing Date and ending on and including the last day of the Fiscal Quarter ending in September 2002, the Applicable Increment for Revolving Loans based on the Base Rate shall be 1.50% and (b) so long as any Default or Event of Default shall have occurred and be continuing, the Applicable Increment shall be those set forth below opposite Case 1.

ADMINISTRATIVE MANAGEMENT. FEE shall mean the fee payable to the Lender for its own account in accordance with Section 10.09 hereof to offset the costs and expenses (excluding Out-of-Pocket Expenses and auditor fees) of the Lender in connection with administration, record keeping, analysis and evaluation of the Collateral. AFFILIATE shall mean, with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified. ANNIVERSARY DATE shall mean the date occurring three (3) years from the Closing Date and the same date in every year thereafter. APPLICABLE INCREMENT shall mean on any date of determination, with respect to any Revolving Loan bearing interest based on the Base Rate or LIBOR, or any portion of any Term Loan bearing interest based on the Base Rate or LIBOR, the applicable rate per annum set forth below under the applicable caption, based upon the level of Consolidated EBITDA corresponding thereto for the period of four consecutive Fiscal Quarters ending immediately prior to such date of determination. The Applicable Increment shall apply during the period commencing on the first day of the month following the month during which the Lender shall have received the financial statements required to be delivered pursuant to Section 8.01 for any referenced Fiscal Quarter, and ending on the last day of the month during which the Lender shall have received such financial statements for the next succeeding Fiscal Quarter, provided however, that until such time as the Lender receives such financial statements for the Fiscal Quarter ending on December 31, 2000, the Applicable Increment shall be those set forth below opposite Case 3, and provided further that upon the occurrence of a Liquidity Event, each rate per annum set forth below shall automatically increase by one percent (1%).