Daily Administrator definition

Daily Administrator means the individuals, entity or department designated by the Compensation Committee or the Benefits Committee to handle the day to day administration of the Plan and to make initial claim determinations pursuant to Section 8.5. In the event the Compensation Committee or the Benefits Committee fails to appoint a Daily Administrator, the Benefits Committee will be the Daily Administrator.
Sample 1Sample 2Sample 3
Daily Administrator means the individual or entity appointed by the Plan Administrator to handle the day-to-day administration of the Plan. If the Plan Administrator does not appoint an individual or entity to serve as the Daily Administrator, the Plan Administrator will be the Daily Administrator.
Sample 1Sample 2Sample 3
Daily Administrator means the individual, department or committee appointed by the Plan Administrator to handle the day-to-day administration of the Plan.
Sample 1

Examples of Daily Administrator in a sentence

  • The Administrator will be entitled to receive a fee equal to the aggregate accrued Daily Administrator Advance Charges.

  • Aggregate Daily Administrator Advance Charges will be paid, to the extent available, from Available Funds, on each Payment Date derived from interest payments on Bonds or in the Bond Payment Subaccount–Holdback before payments to Class A Holders on each Payment Date and as elsewhere herein upon the withdrawal, sale or redemption of Bonds.

  • The Daily Administrator may resign upon written notice to the Benefits Committee.

  • During the Plan Year, a Participant may elect to make transfers of his Account(s) among the Investment Options by written, telephonic or electronic means at the time and manner specified by the Daily Administrator.

  • The Participant may change the investment allocation of his existing Account(s) at the time and manner specified by the Daily Administrator.

  • The existence of an Unforeseeable Emergency will be determined by the Daily Administrator in its sole and absolute discretion.

  • The Compensation Committee or the Benefits Committee will appoint the Daily Administrator who will have the responsibility and duty to administer the Plan on a daily basis in a nondiscretionary manner.

  • The Daily Administrator will establish and maintain an individual Account under the name of each Participant under the Plan.

  • A Participant who is an Active Employee or who has incurred a Disability may submit a written application to the Daily Administrator for an earlier distribution of amounts credited to his Account on account of an Unforeseeable Emergency.

  • Appendix A may be revised from time-to-time by the Daily Administrator without the need for a formal amendment to the Plan.


More Definitions of Daily Administrator

Daily Administrator means the individual designated by the Administrator to handle on a ministerial basis the day-to-day operation of the Plan. In the event the Plan Administrator fails to appoint a Daily Administrator, the Administrator will be the Daily Administrator. As of the Effective Date, the Benefits Department of the Company is the Daily Administrator.
Sample 1
Daily Administrator means the individual, department or committee appointed by the Plan Administrator to handle the day-to-day administration of the Plan. As of the Effective Date, the Daily Administrator is the Senior Vice President and General Counsel of USMD Holdings, Inc.
Sample 1

Related to Daily Administrator

  • Property Administrator means an authorized representative of the Contracting Officer appointed in accordance with agency procedures, responsible for administering the contract requirements and obligations relating to Government property in the possession of a Contractor.

  • Third party administrator or "administrator" means the same as that term is defined in Section 31A-1-301.

  • Program Administrator means the person retained by the Wisconsin PACE Commission as provided in subsection (5)(b).

  • XXXXX Administrator means the Bank of England (or any successor administrator of the Sterling Overnight Index Average).

  • City Administrator means the City Administrator of the City.

  • County Administrator means the Greenville County Administrator, or the person holding any successor office of the County.

  • Facility administrator means chief probation officer, sheriff, marshal, chief of police or other official charged by law with administration of the facility.

  • Third Party Administrator (TPA means any organization or institution that is licensed by the IRDA as a TPA and is engaged by the Company for a fee or remuneration for providing Policy and claims facilitation services to the Insured / Insured Person as well as to the Company for an insurable event.

  • SARON Administrator means the SIX Swiss Exchange AG (or any successor administrator of the Swiss Average Rate Overnight).

  • Portfolio Administrator means any entity and any successor or replacement thereto, as specified in the Final Terms for each Series of ETP Securities, appointed as Portfolio Administrator in accordance with the terms of the relevant Portfolio Administration Agreement.

  • Scheme Administrator means the person or company appointed under an instrument by the founder to manage the administrative affairs of the scheme.

  • Beginning administrator means a building level or district level leader who has not completed three (3) years of experience as a building level or district level administrator.

  • Account Administrator means the person(s) who have been granted authority by Customer to set up, amend, or otherwise control settings and/or make additional purchases for the Account via the Administrative Portal. Account Administrators may have varying levels of Account rights, skills, or permissions.

  • Tax Administrator means the individual charged with direct responsibility for administration of an income tax levied by a municipal corporation in accordance with this chapter, and also includes the following:

  • CFD Administrator means an official of the City, or designee thereof, responsible for determining the Special Tax Requirement and providing for the levy and collection of the Special Taxes.

  • System Administrator means a person named by the Customer to be the Customer’s point of contact with BT for matters relating to the management of the Service.

  • Settlement Administrator means the third party settlement administrator proposed by the Parties, as approved by the Court.

  • Benchmark Administrator means, initially, the SOFR Administrator, or any successor administrator of the then-current Benchmark or any insolvency or resolution official with authority over such administrator.

  • Zoning Administrator means the administrator of these rules who is appointed by the natural resources commission.

  • School administrator means a superintendent, principal or his/her designee assistant principal//technical center director or his/her designee and/or the District’s Equity Coordinator.

  • Exchange Administrator means the entity selected by Xxxxxxx Mac to act as its exchange administrator for the Exchangeable Notes and the MAC Notes, which as of the Closing Date is U.S. Bank.

  • RFR Administrator means the XXXXX Administrator or the SARON Administrator, as applicable.

  • Administrator means the Board or any of its Committees as will be administering the Plan, in accordance with Section 4 of the Plan.

  • SOFR Administrator means the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate).

  • Determination Agent means Calculation Agent Services LLC and any successor or replacement thereto or any other entity appointed as determination agent in accordance with the terms of the Determination Agency Agreement.

  • District administrator means the department employee assigned the overall supervision of the departmental operations in one of the Commonwealth's construction districts.