Administrative Period definition
Examples of Administrative Period in a sentence
A one-month Initial Administrative Period shall follow the end of the Initial Measurement Period and a twelve-month Initial Stability Period shall follow the end of the Initial Administrative Period, subject to the regulations.
Every Administrative Period, the Custodian is required to report the state and financials of the Fund in a format decided upon by the Custodian.
If the Custodian is not acting as Custodian for a Phase, the Custodian Fee payable for such period will be prorated to reflect the portion of the period in which the Custodian was active.The Custodian Fee for a Phase will be paid to the Custodian within the Administrative Period.
Standard Measurement Period: Standard Stability Period: Administrative Period: For determining full-time employee status for new variable hour, seasonal or part-time employees, the length of all three periods must be defined.
The determination of the NAV and NAVPT takes place using data collected on the Valuation Point of a Phase and is ascertained during its respective Valuation Period (which falls in the Administrative Period).