Trustee Fees and Expenses definition

Trustee Fees and Expenses. As compensation for and in payment of trust expenses related to its services hereunder other than Extraordinary Trust Expenses, the Trustee will receive Trustee Fees on each Distribution Date in the amount equal to $2,000. The Trustee Fee shall cease to accrue after termination of the Trust. The "Trigger Amount" with respect to Extraordinary Trust Expenses for the Trust is $25,000 and the Maximum Reimbursable Amount is $100,000. The Trustee Fee will be paid by the Expense Administrator. Expenses will be reimbursed by the Expense Administrator in accordance with the Expense Administration Agreement. Expense Administrator: The Trustee will act as Expense Administrator on behalf of the Trust pursuant to an Expense Administration Agreement, dated as of the date of the Trust Agreement (the "Expense Administration Agreement"), between the Trustee as Expense Administrator (the "Expense Administrator") and the Trust. The Expense Administrator will receive a fee equal to $5,500 payable on each Distribution Date. The Expense Administrator Make-Whole Amount, if any, shall also be considered part of the Expense Administrator's fee hereunder and under the Expense Administration Agreement. The Amounts specified in this paragraph are also referred to as the "Expense Administrator's Fee". The Expense Administrator will be responsible for paying the Trustee Fee and reimbursing certain other expenses of the Trust in accordance with the Expense Administration Agreement.
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Trustee Fees and Expenses means the fees and expenses and other amounts payable to the Trustee pursuant to the Trust Deed from time to time including any applicable value added tax thereon payable under this Trust Deed.
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Trustee Fees and Expenses. As compensation for and in payment of trust expenses related to its services hereunder other than Extraordinary Trust Expenses, the Trustee will receive Trustee Fees on each Distribution Date in the amount equal to $3,750. The Trustee Fee shall cease to accrue after termination of the Trust. The "Trigger Amount" with respect to Extraordinary Trust Expenses for the Trust is $25,000 and the Maximum Reimbursable Amount is $100,000. The Trustee Fee will be paid by the Expense Administrator. Expenses will be reimbursed by the Expense Administrator in accordance with the Expense Administration Agreement.
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Examples of Trustee Fees and Expenses in a sentence

  • From and after the Effective Date, the Reorganized Debtors shall pay any Prepetition Notes Indenture Trustee Fees and Expenses in full in Cash without further court approval.

  • From and after the Effective Date, the Reorganized Debtors will pay any Prepetition Notes Indenture Trustee Fees and Expenses in full in Cash without further court approval.

  • The Trustee Fees and Expenses, the Administration Fee and other fees, expenses and indemnity amounts owed to the Indenture Trustee, Securities Intermediary and Depositary Bank, shall be paid by the cash flows from the Trust Estate and in no event shall the Indenture Trustee be liable therefor.

  • Servicing Fee (SCE as Servicer) ($ per annum) $ $ Administration Fee Accounting Fees and Expenses Legal Fees and Expenses Rating Agency Surveillance Fees Trustee Fees and Expenses Independent Director Fees Printing / EDGARizing Expenses Return on Equity Miscellaneous Fees and Expenses Deposit to the Capital Subaccount (if any) Ongoing Servicers Fee (Third Party as Servicer) Table 2 shows assumptions for each of the variables used in calculating the Fixed Recovery Charges for the payment period.

  • Indenture Trustee Fees and Expenses Indemnification 42 Section 7.01.


More Definitions of Trustee Fees and Expenses

Trustee Fees and Expenses means compensation and expenses of the Trust’s trustees who are not “interested persons” (as that term is defined in the Investment Company Act) of the Adviser or the Fund allocated to the Fund, and the expenses of any counsel or other Persons, or for services, retained by such trustees for and on behalf of the Fund or such trustees.
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Trustee Fees and Expenses means the fees and expenses and other amounts payable to the Trustee pursuant to the Trust Deed from time to time.
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Trustee Fees and Expenses means the fees, costs, claims, indemnities, charges, disbursements, liabilities and expenses and all other amounts payable by the Issuer to the Trustee and any receiver appointed by it pursuant to the Trust Deed or any other Transaction Document, from time to time under or pursuant to the Trust Deed or any other Transaction Document plus any applicable VAT required to be paid by the Issuer in respect of the foregoing.
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Trustee Fees and Expenses means, collectively, the Ordinary Trustee Fees and Expenses and the Extraordinary Trustee Fees and Expenses.
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Trustee Fees and Expenses means the fees and expenses payable to the Trustee for its services as trustee under the Indenture, subject to the terms of any compensation agreement between the Borrower and the Trustee.
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Trustee Fees and Expenses means the fees, expenses, costs, claims, charges, indemnities, disbursements and liabilities and other amounts payable to the Trustee pursuant to the Trust Deed or any other Transaction Document from time to time including any applicable value added tax thereon payable under the Trust Deed.
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Trustee Fees and Expenses means, for any Payment Date, the amount of accrued and unpaid fees, indemnity amounts and reasonable out-of-pocket expenses, not in excess of $150,000 per calendar year for the Indenture Trustee (including in its capacity as Agent), the Securities Intermediary and the Depositary Bank (or, if an Event of Default or other Rapid Amortization Event has occurred and is continuing, without limit).
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