Common use of COMPENSATION AND INDEMNIFICATION OF OWNER TRUSTEE AND ITS AGENTS Clause in Contracts

COMPENSATION AND INDEMNIFICATION OF OWNER TRUSTEE AND ITS AGENTS. SECTION 8.1 Owner Trustee's Fee and Expenses. The Owner Trustee shall receive from the Depositor as compensation for its services hereunder such fees as have been separately agreed upon before the date hereof between the Depositor and the Owner Trustee, and the Owner Trustee shall be entitled to be reimbursed by the Depositor for its other reasonable expenses hereunder, including the reasonable compensation, expenses and disbursements of such agents, custodians, nominees, representatives, experts and counsel as the Owner Trustee may employ in connection with the exercise and performance of its rights and its duties hereunder.

Appears in 3 contracts

Samples: Trust Agreement (Amresco Residential Securities Corp), Trust Agreement (Imc Home Equity Loan Owner Trust 1998-6), Trust Agreement (Imc Home Equity Loan Owner Trust 1998-4)

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COMPENSATION AND INDEMNIFICATION OF OWNER TRUSTEE AND ITS AGENTS. SECTION Section 8.1 Owner Trustee's Fee and Expenses. The Owner Trustee shall receive from the Depositor Seller as compensation for its services hereunder such fees as have been separately agreed upon before the date hereof between the Depositor Seller and the Owner Trustee, and the Owner Trustee shall be entitled to be reimbursed by the Depositor Seller for its other reasonable expenses hereunder, including the reasonable compensation, expenses and disbursements of such agents, custodians, nominees, representatives, experts and counsel as the Owner Trustee may employ in connection with the exercise and performance of its rights and its duties hereunder.

Appears in 1 contract

Samples: Trust Agreement (Oakwood Homes Corp)

COMPENSATION AND INDEMNIFICATION OF OWNER TRUSTEE AND ITS AGENTS. SECTION 8.1 Owner Trustee's Fee and Expenses. The Owner Trustee shall receive from the Depositor Seller as compensation for its services hereunder such fees as have been separately agreed upon before the date hereof between the Depositor Seller and the Owner Trustee, and the Owner Trustee shall be entitled to be reimbursed by the Depositor Seller for its other reasonable expenses hereunder, including the reasonable compensation, expenses and disbursements of such agents, custodians, nominees, representatives, experts and counsel as the Owner Trustee may employ in connection with the exercise and performance of its rights and its duties hereunder. The amount of the Owner Trustee Fee shall be paid to the Owner Trustee pursuant to Section 3.05 of the Indenture.

Appears in 1 contract

Samples: Trust Agreement (Bear Stearns Asset Backed Securities Inc)

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COMPENSATION AND INDEMNIFICATION OF OWNER TRUSTEE AND ITS AGENTS. SECTION 8.1 Owner Trustee's Fee and Expenses. The Owner Trustee shall receive from the Depositor as compensation for its services hereunder such fees as have been separately agreed upon before the date hereof between the Depositor Seller and the Owner Trustee, and the Owner Trustee shall be entitled to be reimbursed by the Depositor Trust (or otherwise as separately agreed) for its other reasonable expenses hereunder, including the reasonable compensation, expenses and disbursements of such agents, custodians, nominees, representatives, experts and counsel as the Owner Trustee may employ in connection with the exercise and performance of its rights and its duties hereunder.

Appears in 1 contract

Samples: Trust Agreement (Oakwood Homes Corp)

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