Administrative Modification means a change to a permit to install or a PTIO that does not meet the definition of a modification under this rule.
Administrative Modification is a minor revision to a long-range statewide or metropolitan transportation plan, Transportation Improvement Program (TIP), or Statewide Transportation Improvement Program (STIP) that includes minor changes to project/project phase costs, minor changes to funding sources of previously-included projects, and minor changes to project/project phase initiation dates. An administrative modification is a revision that does not require public review and comment, redemonstration of fiscal constraint, or a conformity determination (in nonattainment and maintenance areas). “ADOT&PF” is the State of Alaska Department of Transportation and Public Facilities
Administrative Modification is a minor revision to a long-range statewide or metropolitan transportation plan, Transportation Improvement Program (TIP), or Statewide Transportation Improvement Program (STIP) that includes minor changes to project/project phase costs, minor changes to funding sources of previously-included projects, and minor changes to project/project phase initiation dates. An administrative modification is a revision that does not require public review and comment, redemonstration of fiscal constraint, or a conformity determination (in nonattainment and maintenance areas).An Administrative Modification includes a new project or a change in an existing project in the existing Transportation Improvement Program or Long-Range Transportation Plan that does not prompt a change in the type of environmental document or that does not require an Air Quality Conformity Determination. No public involvement comment period is required. “ADOT&PF” is the State of Alaska Department of Transportation and Public Facilities
Examples of Administrative Modification in a sentence
Any term or condition in an order that has been placed that expressly supersedes a term or condition of this agreement is ineffective unless subsequently agreed to in writing via an email by the designated DOD PCO for this agreement attached to the order with an Administrative Modification.
Further and subject to an Administrative Modification to the PUD, Developer will not be required to construct the Road C collector road between Road D and the property identified by the City as a future park parcel; provided, the Developer agrees to construct a 12-foot wide paved bicycle/pedestrian trail to such location and pathway along the western shore of the lake along the common property boundary.
If the City Council does not object to the Administrator’s approval of the proposed Administrative Modification within the period specified above then the City approval shall be conclusively presumed and the Administrator record notice of such approval shall be against the applicable portion of the Property in the official City and County records.
If the Administrator approves the Administrative Modification, the Administrator shall record notice of such approval against the applicable portion of the Property in the official County records.
The Administrator shall consider and decide upon a request for an Administrative Modification within a reasonable time not to exceed forty-five (45) days from the date of submission of an for an Administrative Modification.
More Definitions of Administrative Modification
Administrative Modification means, with respect to any Lease, the operational or administrative change made by the Administrative Agent of the Maturity Date of such Lease of up to 45 days.
Administrative Modification shall have that meaning set forth in Section 5.02 of this Agreement.
Administrative Modification. Any modification, waiver or amendment directed by the Collateral Manager that relates exclusively to (i) with respect to any Commercial Real Estate Loan, in the case of a mismatch between the Benchmark Replacement (including any Benchmark Replacement Adjustment) on the Notes and the benchmark replacement and the benchmark replacement adjustment applicable to such Commercial Real Estate Loan, (a) any alternative rate index and alternative rate spread that the Collateral Manager determines are reasonably necessary to reduce or eliminate such mismatch and (b) any corresponding changes to such Commercial Real Estate Loan to match the applicable Benchmark Replacement Conforming Changes and/or to make any Loan-Level Benchmark Replacement Conforming Changes or (ii) with respect to any Commercial Real Estate Loan other than a Commercial Real Estate Loan related to a Credit Risk Collateral Interest, Specially Serviced Loan or Defaulted Loan, exit fees, extension fees, default interest, financial covenants (including cash management triggers) relating (directly or indirectly) to debt yield, debt service coverage or loan-to-value, prepayment fees (including in connection with defeasance and lockouts), yield or spread maintenance provisions, reserve account minimum balance amounts, repair, maintenance and capex completion dates, interest rate cap strike rates and waivers of a borrower being required to obtain an interest rate cap agreement in connection with an extension when the extension is for ninety (90) days or less.
Administrative Modification. A modification, waiver or amendment directed by the Collateral Manager that relates exclusively to (i) with respect to any Mortgage Loan, in the case of a mismatch between the Benchmark Replacement and the Benchmark Replacement Adjustment on the Notes and the benchmark replacement and the benchmark replacement adjustment (if any) applicable to such Mortgage Loan, (x) any alternative rate index and alternative rate spread that the Collateral Manager determines are reasonably necessary to reduce or eliminate such mismatch and (y) any corresponding changes to such Mortgage Loan to match the applicable Benchmark Replacement Conforming Changes and/or to make any Loan-Level Benchmark Replacement Conforming Changes, or (ii) with respect to any Mortgage Loan other than a Mortgage Loan related to a Credit Risk Mortgage Asset, Specially Serviced Mortgage Loan or Defaulted Mortgage Loan, exit fees, extension fees, default interest, financial covenants relating (directly or indirectly) to debt yield, debt service coverage or loan-to-value, property performance covenants (including cash management triggers), prepayment fees, yield or spread maintenance provisions, substitution of a guarantor, adding or modifying provisions related to reserve account minimum balance amounts and purposes or a one-time extension of the maturity date for up to 90 days in the event the related borrower is diligently seeking a refinancing commitment or a sale of the related Mortgaged Property.
Administrative Modification. Any modification, waiver or amendment directed by the Collateral Manager that relates exclusively to (a) with respect to any Commercial Real Estate Loan, in the case of a mismatch between the Benchmark Replacement and the Benchmark Replacement Adjustment on the Notes and the benchmark replacement and the benchmark replacement adjustment (if any) applicable to such Commercial Real Estate Loan, (i) any alternative rate index and alternative rate spread that the Collateral Manager determines are reasonably necessary to reduce or eliminate such mismatch and (ii) any corresponding changes to such Commercial Real Estate Loan to match the applicable Benchmark Replacement Conforming Changes and/or to make any Loan-Level Benchmark Replacement Conforming Changes, or (b) with respect to any Commercial Real Estate Loan other than a Commercial Real Estate Loan related to a Credit Risk Collateral Interest, Specially Serviced Loan or Defaulted Loan, exit fees, extension fees, default interest, financial covenants relating (directly or indirectly) to debt yield, debt service coverage or loan-to-value, property performance covenants (including cash management triggers), prepayment fees, yield or spread maintenance provisions, substitution of a guarantor, adding or modifying provisions related to partial releases of a Mortgaged Property, or reserve account minimum balance amounts and purposes.
Administrative Modification. Any modification, waiver or amendment directed by the Collateral Manager that relates exclusively to (i) with respect to any Commercial Real Estate Loan, (a) in the case of a mismatch between the Benchmark Replacement (including any Benchmark Replacement Adjustment) on the Notes and the benchmark replacement (including any benchmark replacement adjustment) applicable to such Commercial Real Estate Loan), (x) any alternative rate index and alternative rate spread that the Collateral Manager determines are reasonably necessary to reduce or eliminate such mismatch and (y) any corresponding changes to such Commercial Real Estate Loan to match the applicable Benchmark Replacement Conforming Changes and/or to make any Loan-Level Benchmark Replacement Conforming Changes, (b) in the case of a mismatch between the index on such Commercial Real Estate Loan and the Benchmark, the conversion of the index on such Commercial Real Estate Loan to the Benchmark (or, if the Benchmark is Compounded SOFR, Term SOFR), including any spread adjustment that the Collateral Manager determines is reasonably necessary in connection therewith or (c) in connection with the conversion of the index on such Commercial Real Estate Loan to the Benchmark (or, if the Benchmark is Compounded SOFR, Term SOFR), the waiver of any obligor requirement to replace an interest rate cap based on such index with an interest rate cap based on the Benchmark (or, if the Benchmark is Compounded SOFR, Term SOFR), (ii) with respect to any Commercial Real Estate Loan other than a Commercial Real Estate Loan related to a Credit Risk Collateral Interest, Specially Serviced Loan or Defaulted Loan, (a) exit fees, extension fees or default interest, (b) financial covenants (including cash management triggers and extension tests) relating (directly or indirectly) to debt yield, debt service coverage or loan-to-value, (c) prepayment fees (including in connection with defeasance and lockouts), yield or spread maintenance provisions or waiving any interest due in connection with a prepayment of such Commercial Real Estate Loan in full that relates to interest that accrues after the date of prepayment, (d) adding or modifying provisions related to partial releases of a Mortgaged Property, (e) reserve account minimum balance amounts and purposes, release conditions or other reserve requirements (other than for taxes or insurance), including requirements to fund reserves
Administrative Modification. Any modification, waiver or amendment directed by the Collateral Manager that relates exclusively to: