Common use of Administrative Expenses Fund Clause in Contracts

Administrative Expenses Fund. (a) The Trustee shall, on the Closing Date, establish the Administrative Expenses Fund into which an amount equal to [ ] shall be deposited. (b) Any portion of the Administrative Expenses Fund not disbursed to pay the Trustee’s fees and expenses at the Closing Date shall be invested and reinvested by the Trustee at the direction of the Issuer pursuant to an Issuer Order in one or more Eligible Investments. All income or other gain from such investments shall be credited to such Administrative Expenses Fund and any loss resulting from such investments shall be charged to such Administrative Expenses Fund. If the Administrative Expenses Fund is insufficient, in the reasonable opinion of the Trustee, to pay the Administrative Expenses contemplated by this Indenture, the Issuer shall, upon written notice from the Trustee, deposit additional funds into such Fund.

Administrative Expenses Fund. (a) The Trustee shall, on the Closing Date, establish the Administrative Expenses Fund into which an amount equal to [ ] $7,000 shall be deposited. (b) Any portion of the Administrative Expenses Fund not disbursed to pay the Trustee’s fees and expenses at the Closing Date shall be invested and reinvested by the Trustee at the direction of the Issuer pursuant to an Issuer Order in one or more Eligible Investments. All income or other gain from such investments shall be credited to such Administrative Expenses Fund and any loss resulting from such investments shall be charged to such Administrative Expenses Fund. If the Administrative Expenses Fund is insufficient, in the reasonable opinion of the Trustee, to pay the Administrative Expenses contemplated by this Indenture, the Issuer shall, upon written notice from the Trustee, deposit additional funds into such Fund.

Administrative Expenses Fund. (a) The Trustee shall, on the Closing Date, establish the Administrative Expenses Fund into which an amount equal to [ ] $______________ shall be deposited. (b) Any portion of the Administrative Expenses Fund not disbursed to pay the Trustee’s 's fees and expenses at the Closing Date shall be invested and reinvested by the Trustee at the direction of the Issuer pursuant to an Issuer Order in one or more Eligible Investments. All income or other gain from such investments shall be credited to such Administrative Expenses Fund and any loss resulting from such investments shall be charged to such Administrative Expenses Fund. If the Administrative Expenses Fund is insufficient, in the reasonable opinion of the Trustee, to pay the Administrative Expenses contemplated by this Indenture, the Issuer shall, upon written notice from the Trustee, deposit additional funds into such Fund.

Administrative Expenses Fund. (a) The Trustee shall, on the Closing Date, establish the Administrative Expenses Fund into which an amount equal to [ ] $______ shall be deposited. (b) Any portion of the Administrative Expenses Fund not disbursed to pay the Trustee’s 's fees and expenses at the Closing Date shall be invested and reinvested by the Trustee at the direction of the Issuer pursuant to an Issuer Order in one or more Eligible Investments. All income or other gain from such investments shall be credited to such Administrative Expenses Fund and any loss resulting from such investments shall be charged to such Administrative Expenses Fund. If the Administrative Expenses Fund is insufficient, in the reasonable opinion of the Trustee, to pay the Administrative Expenses contemplated by this Indenture, the Issuer shall, upon written notice from the Trustee, deposit additional funds into such Fund.