Examples of Authorized Administrator in a sentence
The Settlement Administrator or Authorized Administrator, in their discretion, shall establish reserves to assure the availability of sufficient funds to meet the obligations of the Settlement Fund.
The Settlement Administrator and Authorized Administrator may direct and make disbursements out of the Settlement Fund only in accordance with this Order and any additional Orders issued by the Court.
The Settlement Administrator or the Authorized Administrator who acts as disbursement agent shall, in accordance with the Settlement Agreement, determine, withhold, and pay over to the appropriate taxing authorities any taxes due with respect to any distribution from the Settlement Fund and shall make and file with the appropriate taxing authorities any reports or returns due with respect to any distributions from the Settlement Fund.
The Recordkeeper or Authorized Administrator shall allocate to the Plan accounts of Class Members who have Active Accounts any Net Settlement Amount as calculated by the Settlement Administrator according to the Plan of Allocation, documentation of which Class Counsel shall direct the Settlement Administrator to provide to the Authorized Administrator pursuant to the Plan of Allocation no later than the distribution of the Net Settlement Amount.
The Settlement Administrator or Authorized Administrator or both shall keep detailed and accurate accounts of all investments, receipts, disbursements and other transactions of the Settlement Fund.