Common use of COMMISSIONS AND EXPENSES Clause in Contracts

COMMISSIONS AND EXPENSES. 19.1 The relevant Issuer (failing which the Guarantor) agrees to pay to the Principal Paying Agent such fees and commissions as the relevant Issuer, the Guarantor and the Principal Paying Agent shall separately agree in respect of the services of the Agents under this Agreement together with any reasonable out of pocket expenses (including reasonable legal, printing, postage, fax, cable and advertising expenses) properly incurred by the Agents in connection with their services. 19.2 The Principal Paying Agent will make payment of the fees and commissions due under this Agreement to the other Agents and will reimburse their expenses promptly after the receipt of the relevant moneys from the relevant Issuer or the Guarantor (as the case may be). Neither the Issuers, the Guarantor nor the Trustee shall be responsible for any payment or reimbursement by the Principal Paying Agent to the other Agents.

Appears in 5 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

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COMMISSIONS AND EXPENSES. 19.1 The relevant Issuer (failing which the Guarantor) agrees to pay to the Principal Paying Agent such fees and commissions as the relevant Issuer, the Guarantor and the Principal Paying Agent shall separately agree agree, in writing, in respect of the services of the Agents under this Agreement together with any reasonable documented out of pocket expenses (including reasonable legal, printing, postage, fax, cable and advertising expenses) properly incurred by the Agents in connection with their services. 19.2 The Principal Paying Agent will make payment of the fees and commissions due under this Agreement to the other Agents and will reimburse their expenses promptly after the receipt of the relevant moneys from the relevant Issuer or the Guarantor (as the case may be). Neither the Issuers, the Guarantor relevant Issuer nor the Trustee Guarantor, as the case may be, shall be responsible for any payment or reimbursement by the Principal Paying Agent to the other Agents.

Appears in 2 contracts

Samples: Agency Agreement, Programme Agreement (Enel Societa Per Azioni)

COMMISSIONS AND EXPENSES. 19.1 The relevant Issuer 15.1 Each of the Issuers (failing which the GuarantorGuarantors) agrees to pay to the Principal Paying Agent such fees and commissions as the relevant IssuerIssuers, the Guarantor Guarantors and the Principal Paying Agent shall separately agree in respect of the services of the Paying Agents under this Agreement together with any reasonable out of pocket expenses (including reasonable legal, printing, postage, fax, cable and advertising expenses) properly incurred by the Paying Agents in connection with their services. 19.2 15.2 The Principal Paying Agent will make payment of the fees and commissions due under this Agreement to the other Paying Agents and will reimburse their expenses promptly after the receipt of the relevant moneys from the relevant Issuer Issuers or the Guarantor Guarantors (as the case may be). Neither None of the Issuers, the Guarantor nor Guarantors and the Trustee shall be responsible for any payment or reimbursement by the Principal Paying Agent to the other Paying Agents.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

COMMISSIONS AND EXPENSES. ‌‌ 19.1 The relevant Issuer (failing which which, the Guarantor) agrees to pay to the Principal Paying Agent such fees and commissions as the relevant Issuer, the Guarantor and the Principal Paying Agent shall separately agree in respect of the services of the Agents under this Agreement together with any reasonable out of pocket expenses (including reasonable legal, printing, postage, fax, cable and advertising expenses) properly incurred by the Agents in connection with their services. 19.2 The Principal Paying Agent will make payment of the fees and commissions due under this Agreement to the other Agents and will reimburse their expenses promptly after the receipt of the relevant moneys from the relevant Issuer or the Guarantor (as the case may be). Neither the Issuers, Issuer nor the Guarantor nor the Trustee shall be responsible for any payment or reimbursement by the Principal Paying Agent to the other Agents.

Appears in 1 contract

Samples: Supplemental Agency Agreement

COMMISSIONS AND EXPENSES. 19.1 The relevant Issuer (failing which the Guarantor) agrees to pay to the Principal Paying Agent such fees and commissions as the relevant Issuer, the Guarantor Issuer and the Principal Paying Agent shall separately agree in respect of the services of the Agents under this Agreement together with any reasonable out of pocket expenses (including reasonable legal, printing, postage, fax, cable and advertising expenses) properly incurred by the Agents in connection with their services. The Issuer shall not be concerned with the apportionment of such payment among the Agents. 19.2 The Principal Paying Agent will make payment of the fees and commissions due under this Agreement to the other Agents and will reimburse their expenses promptly after the receipt of the relevant moneys from the relevant Issuer. The Issuer or the Guarantor (as the case may be). Neither the Issuers, the Guarantor nor the Trustee shall not be responsible for any payment or reimbursement by the Principal Paying Agent to the other Agents.

Appears in 1 contract

Samples: Agency Agreement

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COMMISSIONS AND EXPENSES. 19.1 The relevant Issuer 18.1 Each of the Issuers (failing which the Guarantor) agrees to pay to the Principal Paying Agent such fees and commissions as the relevant IssuerIssuers, the Guarantor and the Principal Paying Agent shall separately agree in respect of the services of the Agents under this Agreement together with any reasonable out of pocket expenses (including reasonable legal, printing, postage, fax, cable and advertising expenses) properly incurred by the Agents in connection with their services. 19.2 18.2 The Principal Paying Agent will make payment of the fees and commissions due under this Agreement to the other Agents and will reimburse their expenses promptly after the receipt of the relevant moneys from the relevant Issuer Issuers or the Guarantor (as the case may be). Neither of the Issuers, Issuers or the Guarantor nor the Trustee shall be responsible for any payment or reimbursement by the Principal Paying Agent to the other Agents.

Appears in 1 contract

Samples: Agency Agreement

COMMISSIONS AND EXPENSES. 19.1 18.1 The relevant Issuer (failing which which, the Guarantor) agrees to pay to the Principal Paying Agent such fees and commissions as the relevant Issuer, the Guarantor and the Principal Paying Agent shall separately agree in respect of the services of the Agents under this Agreement together with any reasonable out of pocket expenses (including reasonable legal, printing, postage, fax, cable and advertising expenses) properly incurred by the Agents in connection with their services. 19.2 18.2 The Principal Paying Agent will make payment of the fees and commissions due under this Agreement to the other Agents and will reimburse their expenses promptly after the receipt of the relevant moneys from the relevant Issuer or the Guarantor (as the case may be). Neither the Issuers, Issuer nor the Guarantor nor the Trustee shall be responsible for any payment or reimbursement by the Principal Paying Agent to the other Agents.

Appears in 1 contract

Samples: Agency Agreement

COMMISSIONS AND EXPENSES. 19.1 The relevant 15.1 Each Issuer (failing which which, the Guarantor) agrees to pay to the Principal Paying Agent such fees and commissions as the relevant IssuerIssuers, the Guarantor and the Principal Paying Agent shall separately agree in respect of the services of the Paying Agents under this Agreement together with any reasonable out of pocket expenses (including reasonable legal, printing, postage, fax, cable and advertising expenses) properly incurred by the Paying Agents in connection with their services. 19.2 15.2 The Principal Paying Agent will make payment of the fees and commissions due under this Agreement to the other Paying Agents and will reimburse their properly incurred expenses promptly after the receipt of the relevant moneys from the relevant Issuer Issuers or the Guarantor (Guarantor, as the case may be). Neither the Issuers, Issuers nor the Guarantor nor the Trustee shall be responsible for any payment or reimbursement by the Principal Paying Agent to the other Paying Agents.

Appears in 1 contract

Samples: Agency Agreement

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