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.

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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.

Daily Administrator means the individual, department or committee appointed by the Plan Administrator to handle the day-to-day administration of the Plan.

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.

• On the Series Expiration Date or as soon as practicable thereafter, the Bonds will be sold to the extent necessary to pay any accrued and unpaid expenses of the Series Pool (including, but not limited to, any unpaid Administrator Fee, Administrator Advances, Daily Administrator Advance Charges, ▇▇▇▇▇▇▇ Mac Fee, Servicing Fee and Remarketing Agent Fee).

• On the Series Expiration Date or as soon as practicable thereafter, the Bonds will be sold to the extent necessary to pay any accrued and unpaid expenses of the Series Pool (including, but not limited to, any unpaid Administrator Fee, Administrator Advances, Daily Administrator Advance Charges, ▇▇▇▇▇▇▇ Mac Fee, Servicing Fee, Special Servicing Fee and Remarketing Agent Fee).

• Each Holder of Certificates, by its purchase thereof, authorizes the Administrator to deduct from payments on the Bonds any unreimbursed Administrator Advances, unpaid Daily Administrator Advance Charges, and accrued fees and reimbursements due to ▇▇▇▇▇▇▇ Mac, the Administrator, the Remarketing Agent or the Servicer.

• Each Holder of Certificates, by its purchase thereof, authorizes the Administrator to deduct from payments on the Bonds any unreimbursed Administrator Advances, unpaid Daily Administrator Advance Charges, and accrued fees and reimbursements due to F▇▇▇▇▇▇ Mac, the Administrator, the Remarketing Agent or the Servicer.

• On the Series Expiration Date or as soon as practicable thereafter, the Assets will be sold to the extent necessary to pay any accrued and unpaid expenses of the Series Pool (including, but not limited to, any unpaid Administrator Fee, Administrator Advances, Daily Administrator Advance Charges, ▇▇▇▇▇▇▇ Mac Fee, Servicing Fee, Special Servicing Fee and Remarketing Agent Fee).

• Each Holder of Certificates, by its purchase thereof, authorizes the Administrator to deduct from payments on the Bonds any unreimbursed Administrator Advances, unpaid Daily Administrator Advance Charges, and accrued fees and reimbursements due to F▇▇▇▇▇▇ Mac, the Administrator, the Remarketing Agent, if any, or the Servicer.

• On the Series Expiration Date or as soon as practicable thereafter, the Bonds will be sold to the extent necessary to pay any accrued and unpaid expenses of the Series Pool (including, but not limited to, any unpaid Administrator Fee, Administrator Advances, Daily Administrator Advance Charges, F▇▇▇▇▇▇ Mac Fee, Servicing Fee and Remarketing Agent Fee).

• Each Holder of Certificates, by its purchase thereof, authorizes the Administrator to deduct from payments on the Assets any unreimbursed Administrator Advances, unpaid Daily Administrator Advance Charges, and accrued fees and reimbursements due to ▇▇▇▇▇▇▇ Mac, the Administrator, the Remarketing Agent or the Servicer.

More Definitions of Daily Administrator

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.

Daily Administrator means the individuals, entity or department designated