Examples of Master Administrator in a sentence
Capitalized terms used in this Master Administrator Report and not otherwise defined herein shall have the respective meanings set forth in the Pooling and Servicing Agreement.
Master Administrator means Fidelity Management Trust Company, which has been appointed to be the master administrator of the VIP.
To make VIP Contributions, an Eligible Employee must enter into a Contribution Agreement with UW as described in Section 3.1. Under the Contribution Agreement, the employee's Includible Compensation is reduced and the amount of the reduction is forwarded to the Master Administrator.
In addition to the information required by items 4-16 of the Master Administrator Report the following information is to be included in the report delivered to Investor Certificateholders pursuant to Section 7.05 of the Pooling and Servicing Agreement: 1.
The Trustee shall simultaneously with any declaration of any Principal Amortization Event, give notice thereof to the Rating Agency, the [Master Administrator], the [Master Servicer] and the Servicer.
The Program Administrator may delegate any power or powers to one or more other employees of UW, or to any agent or independent contractor of UW, including the Master Administrator or the Fund Sponsors.
If, at any time, the Collection Account ceases to be an Eligible Account, the [Master Administrator], on behalf of the Trustee, shall within 20 Business Days establish a new Collection Account which shall be an Eligible Account, transfer any cash and/or any investments to such new Collection Account and from the date such new Collection Account is established, it shall be the "Collection Account".
Such Successor [Master Administrator] shall succeed to all rights and assume all of the responsibilities, duties and liabilities of the [Master Administrator] under this Agreement; provided further, that such Successor [Master Administrator] and the Trustee shall have no responsibility for any actions of the [Master Administrator] prior to the date of the appointment of such Successor [Master Administrator] as [Master Administrator].
On each Distribution Date, concurrently with the distribution to the Certificateholders, the Trustee shall furnish, or cause to be furnished by the Paying Agent to the Certificateholders, a report prepared by the [Master Administrator] substantially in the form of Exhibit G.
References in this Agreement to actions taken or to be taken by the [Master Administrator] in performance of the [Master Administrator] Duties include actions taken or to be taken by a Subcontractor on behalf of the [Master Administrator].