Fund Administrator Sample Clauses
Fund Administrator. In consultation and coordination with the Parties, the Settlement Administrator shall prepare all motions, proposed court order(s), and documents needed to establish and administer the QSF(s) in accordance with this MSA and court order(s). The Settlement Administrator shall obtain a Federal Taxpayer Identification Number (TIN) and open custodial bank account(s). The NPC may make recommendations for the election of custodial bank(s), but the selection requires MDL Court and MN Court approval. The Settlement Administrator shall make payments to Registered Claimants, their primary counsel, and any healthcare lienholder(s) and ensure compliance with the common benefit orders of the MDL Court and MN Court.
Fund Administrator. Contemporaneously with the execution of this Agreement, ▇▇▇▇ and the Town will enter into a Fund Administration Agreement with respect to the administration and management of the Fund. The Fund Administration Agreement designates ▇▇▇▇ as the Fund Administrator. As the Fund Administrator, ▇▇▇▇ shall be responsible for depositing the Fund’s share of Town PILOT payments and School District PILOT payments made by End Users to a dedicated, interest-bearing depository account (the “Fund Account”) to be established at the banking institution at which ▇▇▇▇ regularly maintains its accounts. The Fund Administrator will have the discretion to invest and manage the Fund Account, subject to the investment limitations set forth in Section 10 of the GML. The Fund Administration Agreement also sets forth the criteria and methodology for the disbursement of monies from the Fund towards the payment of Fund Administration Expenses and Eligible Project costs.
Fund Administrator. State Street serves as administrator to the ▇▇▇▇▇▇▇▇▇ Target. The Janus Adviser serves as administrator to the Janus Target. As administrator, State Street and the Janus Adviser oversee and/or prepare the computation of the applicable Target Fund’s NAV; net income and realized capital gains, if any; various reports for filing with the appropriate regulatory agencies; and various materials required by the SEC or any state securities commission having jurisdiction over the applicable Trust.
Fund Administrator. The individual or role who has authority to request a grant from a Fund to fulfil the purpose of the gift(s) as outlined in the fund agreement. Fund Administrators must either be an LPS administrator, Principal or designated LPS staff member. The President of the Foundation for LPS may also serve as a Fund Administrator if there is no clear LPS position to administer the Fund.
Fund Administrator. (i) The GHG Mitigation Fund shall be administered by the Fund Administrator. The Administrator Agreement shall provide the Fund Administrator with the powers reasonably necessary to implement the purposes of the GHG Mitigation Fund as set forth in this Protocol.
(ii) The Fund Administrator shall have authority to accept monies into the GHG Mitigation Fund and disburse the monies from the GHG Mitigation Fund in accordance with the Administrator Agreement (which shall be consistent with this Protocol), any approved Grant Agreement(s), and any written directives from the Attorney General’s Office.
(iii) The Fund Administrator shall review project proposals on a periodic basis and determine whether such proposals comply with the GHG Mitigation Project Criteria, described in Section 3.3(g) below. The Fund Administrator shall then analyze such proposals, and determine whether to recommend that the Attorney General’s Office approve such proposed projects to receive funding.
(iv) Once the Attorney General’s Office approves an Approved Project in writing, the Fund Administrator shall enter into a Grant Agreement with the selected Fund Recipient and shall make disbursements from the GHG Mitigation Fund for the Approved Project. Such Grant Agreement shall be consistent with the model provided by the Attorney General’s Office.
(v) The Fund Administrator, in consultation with the Attorney General’s Office, shall take action to recover funds from any Fund Recipient that fails to comply with the Fund Recipient Responsibilities, the Grant Agreement, or any other requirements or standards set forth in this Protocol.
(vi) The Fund Administrator shall perform, at the expense of the GHG Mitigation Fund, administrative tasks as necessary or appropriate to implement the purposes of the GHG Mitigation Fund. Such tasks may include, but are not limited to, the following:
(1) Retention of one or more consultants with GHG mitigation expertise and/or attorneys to assist with development and implementation of a program to solicit, review and analyze proposals for projects to fund;
Fund Administrator. “Fund Administrator” means the person who shall serve as administrator of the Qualified Settlement Fund within the meaning of Treasury Regulation 1.468B-2(k)(3).
Fund Administrator. Upon the effective date of the Settlement Agreement and subject to its execution of such agreement, the City of Oroville shall be designated as and assume the duties of Fund Administrator. If the City does not execute the Settlement Agreement or withdraws from the Settlement Agreement, then DWR shall consult with other signatories and designate a different Fund Administrator.