General Administrator definition
Examples of General Administrator in a sentence
The Company reserves the right to reject any application, in which event subscription monies received by the General Administrator will be returned to the applicant without interest.
None of the Issuer, the Depositor, the Indenture Trustee, the General Administrator, the Owner Trustee or the Bond Registrar is obligated to register or qualify any Class of Non-Registered Bonds under the Securities Act or any other securities law or to take any action not otherwise required under this Agreement to permit the transfer of any Non-Registered Bond or interest therein without registration or qualification.
Any losses resulting from or arising in connection with investments of funds in the Bond Account shall be for the account of the [General Administrator] (who shall promptly deposit into the Bond Account the amount of any such losses).
The Indenture Trustee shall deposit or cause to be deposited in the Bond Account, upon receipt, (i) any and all amounts in respect of the Mortgage Collateral remitted or advanced under the Servicing and Administration Agreement from time to time and (ii) any amounts required to be deposited by the [General Administrator] in connection with losses incurred with respect to investments of funds held in the Bond Account.
Any obligation of the Owner Trustee hereunder or under any Operative Agreement or other document contemplated herein may be performed by the Depositor or the General Administrator and any such performance shall not be construed as a revocation of the trusts created hereby.
Subject to the terms and conditions of this Agreement, the Company employs the Employee to serve in an executive capacity as President Employee accepts such employment and agrees to undertake and discharge the duties, functions and responsibilities commensurate with the aforesaid position and such other duties and responsibilities as may be prescribed from time to time by the Chief Executive Officer or the Board of Directors of the Company (the "Board").
The General Administrator of the Union and the Human Resources Manager will assist the local parties in trying to reach a satisfactory settlement to all concerned.
In the absence of written direction from the [General Administrator], funds on deposit in the Bond Account shall remain uninvested.
The Owner Trustee otherwise may be removed with or without cause at any time by the Certificateholders with 60 days' prior written notice, a copy of which shall be concurrently delivered by the Certificateholders to the Depositor, the Indenture Trustee and the General Administrator.
The Depositor, the General Administrator, and the Owner Trustee shall have the right to inspect the Certificate Register or to obtain a copy thereof at all reasonable times, and to rely conclusively upon a certificate of the Certificate Registrar as to the information set forth in the Certificate Register.