Common use of Compensation of Eligible Lender Trustee Clause in Contracts

Compensation of Eligible Lender Trustee. The Issuer shall pay to the Eligible Lender Trustee from time to time reasonable compensation for all services, reasonable expenses (including Counsel fees), charges and other disbursements incurred in and about the administration and execution of this Eligible Lender Trust Agreement. The Eligible Lender Trustee may not change the amount of its annual compensation with respect to this Eligible Lender Trust Agreement without giving the Issuer at least 90 days’ written notice prior to the beginning of a Fiscal Year.

Appears in 7 contracts

Samples: Lender Trust Agreement, Eligible Lender Trust Agreement (Higher Education Funding I), Eligible Lender Trust Agreement (Goal Capital Funding, LLC)

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