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Substitute Administrator definition

Substitute Administrator shall refer to HML in its capacity as Substitute Administrator pursuant to the Substitute Administrator Agreement and shall also include references to any successor, transferee and assignee and any person who assumes the performance of all or part of the duties and obligations of the Substitute Administrator under the Substitute Administrator Agreement following the termination of the Substitute Administrator's duties and obligation to perform such duties and obligations.
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Substitute Administrator means Homeloan Management Limited.
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Substitute Administrator means Homeloan Management Limited, a company incorporated under the laws of England and Wales (registered number 2214839) whose registered office is at The Pavilions, Bridgwater Road, Bristol BS13 8AE.
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Examples of Substitute Administrator in a sentence

  • This indemnity shall expressly inure to the benefit of any director, officer, employee or agent existing or future of the Substitute Administrator Facilitator.

  • The Substitute Administrator Facilitator may not assign or transfer any of its rights and obligations under this Agreement without the prior written consent of the Issuer and the Trustee.

  • The Issuer hereby appoints the Substitute Administrator Facilitator to carry out the services on the terms and conditions set out in this Agreement and the Substitute Administrator Facilitator accepts such appointment.

  • During the term of this Agreement, the Substitute Administrator Facilitator shall, at all times perform its obligations with all due care, skill and diligence and in the utmost good faith provided that the Substitute Administrator Facilitator shall not be required to do or cause to be done anything which it is prevented from doing by virtue of any applicable law or regulatory requirement.

  • If the amount to which HML is entitled pursuant to Clause 5 (Fees of Substitute Administrator During Standby Period) and Clause 6 (Expenses of Substitute Administrator During Standby Period) is not paid on the due date for payment, interest will be payable on such amounts at the rate of 2 per cent per annum above the base rate from time to time of National Westminster Bank PLC from that date until the date of payment.

  • If the amount to which HML is entitled pursuant to Clause 5 (Fees of Substitute Administrator during Standby Period) and Clause 6 (Expenses of Substitute Administrator during Standby Period) is not paid on the due date for payment, interest will be payable on such amounts at the rate of 2 per cent per annum above the base rate from time to time of National Westminster Bank PLC from that date until the date of payment.

  • Monies due, owing or payable by the Issuer to each Administrator or any other person in its capacity as an Administrator which have accrued in respect of the period prior to the termination of the relevant Administrator’s or such other person’s appointment as Administrator under the Administration Agreement or any other similar agreement or the Substitute Administrator Agreement shall continue to be due, owing or payable to it in that capacity notwithstanding such termination.

  • Any termination of this Agreement pursuant to Clause 10.1 shall not take effect until a successor to the Substitute Administrator Facilitator has been appointed by the Issuer on substantially the same terms as those set out in this Agreement.

  • Upon the termination of the appointment of the Administrator and, in the absence of appointment of any other substitute administrator, the Substitute Administrator will act as administrator, pursuant to the terms of the Substitute Administrator Agreement but will have no liability under the Uk Mortgage Sale Agreement or the Luxembourg Mortgage Sale Agreement.

  • In limited circumstances and other than in relation to Fixed Rate Mortgages during the applicable fixed rate period, the Trustee or the Issuer or any substitute administrator appointed by the Issuer and, to the extent of its interest, the Trustee or the Substitute Administrator will be entitled to set the rates of interest applicable to the Mortgages.


More Definitions of Substitute Administrator

Substitute Administrator means Homeloan Management Limited, a company incorporated under the laws of England and Wales (registered number 2214839) whose registered office is at Xxx Xxxxxxxxx, Xxxxxxxxxx Xxxx, Xxxxxxx XX00 0XX.
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Substitute Administrator means HML, or any person or persons appointed in substitution to HML as substitute administrator in respect of all or part of the Services;
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Substitute Administrator shall have the meaning specified in Section 10.01
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Substitute Administrator means GHL Mortgage Services Limited (registered number 2478152) whose registered office is at Xxxxxxxxxxx Xxxxx, Xxxxxx Xxxxxxxxx, Xxxxxxxxx Xxxxxxxx Xxxx, Xxxxxxxx, Xxxx XX0 0XX;
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Substitute Administrator means GHL;
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Substitute Administrator means Homeloan Management Limited, a company incorporated under the laws of England and Wales (registered number 2214839) whose registered office is at The Bailey, Skipton, North Yorkshire, BD23 1DN.
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Related to Substitute Administrator

  • 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.

  • 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.

  • 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).

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

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

  • €STR Administrator means the European Central Bank (or any successor administrator of the Euro Short Term Rate).

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

  • Index Administrator means the index administrator as set out in the Table, which is the corporation or other entity that is responsible for setting and reviewing the rules and procedures and the methods of calculation and adjustments, if any, related to the Index and announces (directly or through an agent) the level of the Index on a regular basis during each Scheduled Trading Day; where reference to the Index Administrator shall include a reference to the "Successor Index Administrator" defined in §4b(1) below.

  • Certificate Administrator means the certificate administrator appointed as provided in the Lead Securitization Servicing Agreement.

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

  • Successor Master Servicer The meaning ascribed to such term pursuant to Section 8.02.

  • Base Rate Administrator means Swedish Financial Benchmark Facility AB (SFBF) in relation to STIBOR or any person replacing it as administrator of the Base Rate.

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

  • Successor Servicer has the meaning specified in Section 3.07(e) of the Indenture.

  • 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:

  • Replacement Servicer has the meaning assigned to that term in Section 6.01(c).

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

  • Certificate Administrator Personnel The divisions and individuals of the Certificate Administrator who are involved in the performance of the duties of the Certificate Administrator under this Agreement.

  • Term SOFR Administrator means CME Group Benchmark Administration Limited (CBA) (or a successor administrator of the Term SOFR Reference Rate selected by the Administrative Agent in its reasonable discretion).

  • Non-Lead Certificate Administrator means the “certificate administrator” under any Non-Lead Securitization Servicing Agreement.

  • 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.

  • Master Servicer means the master servicer appointed as provided in the Lead Securitization Servicing Agreement.

  • Sub-Servicer Any Person with which the Master Servicer has entered into a Sub-Servicing Agreement and which meets the qualifications of a Sub-Servicer pursuant to Section 3.02.

  • Outside Servicer With respect to an Outside Serviced Mortgage Loan, the master servicer under the applicable Outside Servicing Agreement.

  • 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.

Most Referenced Clauses

Most Referenced Definitions