Backup Administrator definition

Backup Administrator means any Person engaged by Agent to perform services in accordance with a Backup Administration Agreement.

Backup Administrator means Lord Securities Corporation, in its capacity as the backup administrator under the Backup Administration Agreement.

Backup Administrator means the authorized officer to manage the backup and recovery system.

Examples of Backup Administrator in a sentence

• You shall have received opinions addressed to you of Nixon Peabody, LLP, counsel to the Indenture Trustee and the Back-up Administrator, dated the Closing Date and in form and substance satisfactory to you and your counsel.

• The Issuer and the Administrator will also enter into a Back-up Administration Agreement, to be dated as of November 1, 2003 (the "Back-up Administration Agreement"), with Lord SPV Securities Corporation (the "Back-up Administrator").

• The Issuer and the Administrator will also enter into a Back-up Administration Agreement, to be dated as of April 1, 2004 (the "Back-up Administration Agreement"), with Lord SPV Securities Corporation (the "Back-up Administrator").

• Backup Administrator; Advisory Agreement 7686 6.16 BDC Status 7787 6.17 Refinancing Right of First Refusal 7787 6.18 Portfolio Requirements 7887 VII.

• MRU STUDENT LOAN TRUST 20__-__ By: ______________, not in its individual capacity but solely as Owner Trustee By: _______________________ Name: Title: ______________, not in its individual capacity but solely as Owner Trustee By: _______________________ Name: Title: ______________, as Indenture Trustee [and Back-up Administrator] By: Name: Title: MRU HOLDINGS, INC.

• Xxxxxxxx Title: Assistant Vice President THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION, as Indenture Trustee and Back-up Administrator By: /s/ Xxxx X.

• The Issuer and the Administrator will also enter into a Back-up Administration Agreement, to be dated as of February 1, 2005 (the "Back-up Administration Agreement"), with QSR Management Limited (the "Back-up Administrator").

• The Owner Trustee shall not have the power, except upon the direction of all Certificateholders, to (a) remove or replace any Servicer, the Administrator [or the Back-up Administrator] or (b) except as expressly provided in the Basic Documents, sell the Financed Student Loans after the termination of the Indenture.

• The Owner Trustee is further authorized from time to time to take such action as the Administrator [or the Back-up Administrator] directs or instructs with respect to the Basic Documents and is directed to take such action to the extent that the Administrator [or the Back-up Administrator] is expressly required pursuant to the Basic Documents to cause the Owner Trustee to act.

• The Trust Certificate does not represent an obligation of, or an interest in, the Depositor, the Indenture Trustee, any Servicer, the Administrator, [the Back-up Administrator,] the Owner Trustee or any affiliates of any of them, and no recourse may be had against such parties or their assets, except as may be expressly set forth or contemplated herein, in the Trust Agreement or in the other Basic Documents.

More Definitions of Backup Administrator

Backup Administrator. The person determining who has access to the backups as well as when to take backups and for which data, always in consultation with the Access Supervisor.

Backup Administrator means Lord Securities Corporation, in its capacity as the backup administrator under the Backup Administration Agreement, or any other Person providing similar services upon receipt of a Rating Agency Confirmation.