Administered Entity definition

Administered Entity means the individual, legal entity, association, trust, nominee or partnership (whether or not having separate legal personality) receiving the Services from time to time (whether or not incorporated or established on the date of these Terms).
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Administered Entity means any company, corporate body, partnership, fund, estate, trust, foundation, association or other person, body (whether or not incorporated) or legal arrangement or a group consisting of any combination of the aforementioned and each member of such a group for whom or to which Services are provided.
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Administered Entity means any entity (including but not limited any corporate entity or partnership) to whom we provide Corporate Administration Services and any Trust to which we provide Trust Services;
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Examples of Administered Entity in a sentence

  • PTCL’s Fee Schedule is available upon request PTCL shall be entitled to payment of such fees and disbursements as and when they become due from the assets held by an Administered Entity without requirement for authority from any person.

  • While it is the Client’s ongoing responsibility to obtain any specialist advice as may be required from time to time, PTCL may take such tax, legal, financial, accounting or other advice in relation to an Administered Entity as it deems appropriate, and all charges for such advice will be payable by the Administered Entity.

  • In particular, PTCL is under no obligation to provide services to any Client or Administered Entity until its standard client acceptance procedures have been completed to PTCL’s satisfaction.

  • In circumstances where a person or company is authorised to give requests, directions or instructions in relation to an Administered Entity, provided PTCL is acting in good faith, PTCL shall not be liable for failing to act on such requests, directions or instructions.

  • Where an Administered Entity is a trust, PTCL shall have the benefit of the indemnities as set out in the relevant trust instrument and shall be entitled to such further indemnities as it thinks appropriate in the event of their retiring as trustees or distributing all or part of the trust assets.

  • PTCL’s relationship with the Client and Administered Entities is governed by Jersey law and is subject to the exclusive jurisdiction of the courts of the Jersey, unless otherwise expressly stated in the documentation of an Administered Entity.

  • Money belonging to a Client or to an Administered Entity will be kept separate from PTCL’s own money and other client monies.

  • If PTCL becomes aware of a material conflict of interest or duty which affects the interests of the Client or of an Administered Entity, PTCL shall consider how to manage such conflict of interest and shall notify the Client, if and to the extent that PTCL considers appropriate, and/or put procedures in place in relation to confidentiality and independence of advice.

  • Unless otherwise agreed in writing between the Client and PTCL, PTCL will not retain any commission, interest rebate, retrocession or any payment of any kind from any service provider payable as a result of an introduction, work undertaken, or transaction entered into on behalf of an Administered Entity.

  • Where an Administered Entity is a company or a partnership, PTCL shall not be held liable for any loss or damage suffered by any Client, Administered Entity or third party unless suffered as a result of PTCL’s actual fraud, wilful misconduct or gross negligence.


More Definitions of Administered Entity

Administered Entity means and includes any corporation, company, partnership, trust, association or other person for, and in relation to which, TMF or any member of the TMF Group provides (or may in the future provide) any service from time to time.
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Administered Entity means any trust, company, partnership or other entity for which PTCL provides trust, corporate, administration or other related services.
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Related to Administered Entity

  • Registered entity means a covered entity, opt-in entity,

  • Covered Entity means any of the following:

  • Non-Administrator Coordinated Home Care Program means a Coordinated Home Care Program which does not have an agreement with the Claim Administrator or a Blue Cross Plan but has been certified as a home health agency in accordance with the guidelines established by Medicare.

  • Self-administer means a qualified patient's act of ingesting medication to end his or her life in a humane and dignified manner.

  • Supervised Person means directors, officers and partners of an Adviser (or other persons occupying a similar status or performing similar functions), employees of an Adviser, and any other person who provides advice on behalf of an Adviser and is subject to the Adviser’s supervision and control.