Administrative Merger definition

Administrative Merger means and refers to the unification of the administration, management and use of any two or more of the Phases such that the respective common expenses, the use of the respective common elements, and the management of the respective affairs of the merged Phases are shared, and the administration of the merged Phases is unified under one association of unit owners, but the ownership interests of the respective unit owners in the Phases are not altered or affected.
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Examples of Administrative Merger in a sentence

  • From and after the Administrative Merger Date, the merged Phases shall be treated for purposes of administration, use and sharing of common expenses as though they had been developed as a single project.

  • The unit owners in one Phase shall not be obligated to pay any outstanding debts, expenses, costs or other obligations of the unit owners in any other Phase as of the Administrative Merger Date or the Ownership Merger Date, as the case may be.

  • Trade Comm’n, Commission Statement to Accompany Statement of Federal Trade Commission Policy Regarding Administrative Merger Litigation Following the Denial of a Preliminary Injunction, 60 Fed.

  • Azcuenaga, Concerning FTC’s Adoption of Rule 3.26, RespectingAdministrative Litigation Following Denial of a Preliminary InjunctionOn June 26, 1995, the Commission issued a Statement of Policy Regarding Administrative Merger LitigationFollowing the Denial of a Preliminary Injunction and an accompanyingexplanation.

  • Statement of the Federal Trade Commission Policy Regarding Administrative Merger Litigation Following Denial of a Preliminary Injunction, 60 Fed.

  • This 5 See Statement of the Federal Trade Commission Policy Regarding Administrative Merger Litigation Following the Denial of a Preliminary Injunction (“Policy Statement”), 60 Fed.

  • We conducted a study comparing pools below these habitat enhancement structures and WWP pools using an ADCP.

  • See Statement of the Federal Trade Commission Policy Regarding Administrative Merger Litigation Following Denial of a Preliminary Injunction, 160 Fed.

  • As discussed below, the Commission will continue to follow the 1995 Policy Statement Regarding Administrative Merger Litigation Following the Denial of a Preliminary Injunction 1 and consider the specific circumstances of each case when deciding whether to pursue administrative litigation.

Related to Administrative Merger

  • Administrative Plans means investment plans offered by the Management Company and approved by the Commission, where such plans allow investors a specific investment strategy in any one or a combination of Schemes managed by the Management Company in accordance with the conditions specified by SECP.

  • Cash Merger has the meaning set forth in Section 5.04(b)(ii).

  • Effective Time of the Merger means the time as of which the Merger becomes effective, which shall occur on the Funding and Consummation Date.

  • Administrative merits determination means certain notices or findings of labor law violations issued by an enforcement agency following an investigation. An administrative merits determination may be final or be subject to appeal or further review. To determine whether a particular notice or finding is covered by this definition, it is necessary to consult section II.B. in the DOL Guidance.

  • Bank Merger has the meaning set forth in the recitals.

  • Bank Merger Agreement has the meaning set forth in Section 6.10.

  • Administrative Agreement means the agreement described in subsection 1.2 (1); (“accord d’application”)

  • Company Merger has the meaning set forth in the recitals hereto.

  • Second Merger has the meaning set forth in the Recitals.

  • Permitted Merger shall have the meaning set forth in Section 3.01.

  • Administrative hearing means a type of hearing that an appellant may elect in which the presiding officer reviews the written record only and makes a decision based on the facts available within the appeal file. An administrative hearing does not require an in-person or teleconference hearing. The final determination to establish whether an administrative hearing may be held will be made by the appeals section or the presiding officer.

  • Administrative fund means that Fund established by Section 6.1 and administered pursuant to Section 6.9.

  • Pre-Acquisition Reorganization has the meaning set out in Section 6.8;

  • Administrative Action has the meaning set forth in paragraph 4(a) of Annex I.

  • Delaware Bank has the meaning specified in the preamble to this Trust Agreement.

  • First Merger shall have the meaning given in the Recitals hereto.

  • Administrative Agent’s Account means an account at a bank designated by the Administrative Agent from time to time as the account into which the Borrower shall make all payments to the Administrative Agent for the benefit of the Agents and the Lenders under this Agreement and the other Loan Documents.

  • Administrative Party means an Arranger or the Facility Agent.

  • Terminating Capital Transaction means any sale or other disposition of all or substantially all of the assets of the Partnership or a related series of transactions that, taken together, result in the sale or other disposition of all or substantially all of the assets of the Partnership.

  • Second Lien Administrative Agent shall have the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

  • Delaware LLC Division means the statutory division of any Delaware LLC into two or more Delaware LLCs pursuant to Section 18-217 of the Delaware Limited Liability Company Act.

  • Administrative agency or "agency" means each board, bureau, commission, department, or other administrative unit of the executive branch of state government, including one or more officers, employees, or other persons directly or indirectly purporting to act on behalf or under authority of the agency. An administrative unit located within or subordinate to an administrative agency must be treated as part of that agency to the extent it purports to exercise authority subject to this chapter. The term administrative agency does not include:

  • Administrative Agent Account an account designated by the Administrative Agent from time to time.

  • Term Administrative Agent means Bank of America, N.A., in its capacity as agent for the “Secured Parties” under (and as defined in) the Term Credit Agreement, and its successors and assigns in such capacity.

  • Administrative employee means an employee who normally supervises persons engaged in office administration, construction, security or maintenance work who are represented by another trade union. This definition includes employees who share a community of interest with “supervisors”.

  • Merger Sub Board means the board of directors of Merger Sub.