Extraordinary Trustee Fees and Expenses definition

Extraordinary Trustee Fees and Expenses means the expenses and disbursements payable to the Trustee under this Indenture for Extraordinary Services and Extraordinary Expenses, including extraordinary fees, costs and expenses incurred by the Trustee and the Trustee’s counsel which are to be paid by the Borrower pursuant to Section 4.02 of the Financing Agreement.
Extraordinary Trustee Fees and Expenses means the expenses and disbursements payable to the Trustee under the Indenture for Extraordinary Services and Extraordinary Expenses, including extraordinary fees, costs and
Extraordinary Trustee Fees and Expenses means the expenses and disbursements payable to the Trustee under this Indenture for Extraordinary Services and Extraordinary Expenses, including extraordinary fees, costs and expenses incurred by the Trustee and the OHSUSA:763098104.5 Trustee’s counsel which are to be paid by the Borrower pursuant to Section 4.4 of the Loan Agreement.

Examples of Extraordinary Trustee Fees and Expenses in a sentence

  • In no event, and notwithstanding anything contained in this Indenture or any of the other Bond Documents to the contrary, shall any amounts on deposit in the Collateral Fund be used to pay any costs, expenses or amounts due (including, without limitation, Ordinary Trustee Fees and Expenses and Extraordinary Trustee Fees and Expenses) except as provided in this Section 4.06.

Related to Extraordinary Trustee Fees and Expenses

  • 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.