Charges of the Trustee. The Grantor agrees to pay all reasonable costs or fees charged by the Trustee for acting as the Trustee pursuant to this Trust Agreement, as agreed between the Grantor and the Trustee, including fees incurred by the Trustee for legal services deemed reasonably necessary by the Trustee as a result of the Trustee’s so acting; provided, however, that no such costs, fees or expenses shall be paid out of the Assets held in or credited to the Trust Account.
Appears in 6 contracts
Samples: Loss Portfolio Transfer Reinsurance Agreement, Aggregate Excess of Loss Reinsurance Agreement (Hartford Financial Services Group Inc/De), Master Transaction Agreement (Cigna Corp)
Charges of the Trustee. The Grantor agrees to pay all reasonable costs or fees charged by the Trustee for acting as the Trustee pursuant to this Trust Agreement, as agreed between the Grantor and the Trustee, including fees incurred by the Trustee for legal services deemed reasonably necessary by the Trustee as a result of the Trustee’s so acting; provided, however, that no such costs, fees or expenses shall be paid out of the Assets held in or credited to the Trust Account.
Appears in 3 contracts
Samples: Trust Agreement (American International Group Inc), Aggregate Excess of Loss Reinsurance Agreement (American International Group Inc), Master Transaction Agreement (American International Group Inc)
Charges of the Trustee. The Grantor agrees to pay all reasonable costs or fees charged by the Trustee for acting as the Trustee pursuant to this Trust Agreement, as agreed between the Grantor and the Trustee, including fees incurred by the Trustee for legal services deemed reasonably necessary by the Trustee as a result of the Trustee’s 's so acting; provided, however, that no such costs, fees or expenses shall be paid out of the Assets held in or credited to the Trust AccountAssets.
Appears in 2 contracts
Samples: Trust Agreement (Alleghany Corp /De), Trust Agreement (Alleghany Corp /De)
Charges of the Trustee. The Grantor agrees to pay all reasonable costs or fees charged by the Trustee for acting as the Trustee pursuant to this Trust Agreement, as agreed between the Grantor and the Trustee, including fees incurred by the Trustee for legal services deemed reasonably necessary by the Trustee as a result of the Trustee’s 's so acting; provided, however, that no such costs, fees or expenses shall be paid out of the Assets held in or credited to the Trust Account.
Appears in 1 contract
Samples: Trust Agreement (Xl Capital LTD)