Examples of Administrative Parties in a sentence
If an Administrative Party becomes aware that a Capacity Provider has become Insolvent, it must promptly notify the other Administrative Parties.
A determination by the System Operator that a System Stress Event or a System Operator Instigated Demand Control Event has occurred may be made in its sole discretion and will be final and binding on all Administrative Parties and Capacity Providers for the purposes of the Rules and the Regulations.
The Administrative Parties will deal solely with the Participants.
New Administrative Parties means the Bank T2 Notes Trustee, the Bank T2 Notes Registrar, the Bank T2 Notes Paying Agent and the New Ordinary Shares Registrar.
Payment of accrued but unpaid fees of the Administrative Parties (as defined in the Cash Account Management Agreement) for performing their agreed scope of services (the “ Administrative Parties Fees”).