Examples of Substitute Administrator Agreement in a sentence
Upon the termination of the appointment of any 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 Mortgage Sale Agreement.
The author believes the fact that Finland shares similar business settings with Norway along with Zwipe’s partnership with Danske Bank are two sound stepping stones for the Norwegian company to penetrate into the payment industry of Finland in a near future.
The failure of the Substitute Administrator to perform its obligations under the Substitute Administrator Agreement and/or assume performance of the administration services following the occurrence of an Administrator Termination Event could result in the failure or delay in collection of payments on the relevant Mortgages and/or calculation of the payments to be made by the Issuer on the relevant Interest Payment Date that could ultimately adversely affect payments of interest and principal on the Notes.
Upon termination of the Administrator pursuant to Clause 20.1 or 20.2, the Issuer shall notify the Substitute Administrator in writing of the occurrence of such termination and request the Substitute Administrator to assume the duties and obligations of the Administrator on the terms set out in the Substitute Administrator Agreement immediately upon receipt of such notice of termination.
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 PFPLC Subordinated Loan Agreement or the Uk Mortgage Sale 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.
Only where a programme of animal research is necessary and justifiable by this body and with due consideration to the 3R’s will it be submitted to the Home Office for assessment and processing.To this end, we strictly adhere to the principle of law which demands that where a non-animal approach to research exists, it should be used.
The parties hereto agree that to the extent there is a conflict between the provisions of the Administration Agreement and the Substitute Administrator Agreement (as amended from time to time) and the description of the provisions of those agreements in any Relevant Document, the provisions of the Administration Agreement and the Substitute Administrator Agreement shall prevail.
If the Substitute Administrator is unable, for any reason whatsoever, to assume the duties and obligations of the Administrator on the terms set out in the Substitute Administrator Agreement, then the Issuer shall appoint another substitute administrator capable of assuming such duties and obligations on terms substantially similar to those of this Administration Agreement, subject to clause 9.1 of the Deed of Charge.
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 Mortgage Sale Agreement.