Common use of Compensation of the Indenture Trustee; Indemnification Clause in Contracts

Compensation of the Indenture Trustee; Indemnification. (a) The Owner Lessor will from time to time, on demand, pay to the Indenture Trustee such compensation for its services hereunder as shall be agreed to by the Owner Lessor and the Indenture Trustee, or, in the absence of agreement, reasonable compensation for such services (which compensation shall include reasonable fees and expenses of its outside counsel and shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust), and the Indenture Trustee agrees that it shall have no right against the Noteholders or, except as provided in Section 3 and Section 4.3 hereof or this Section 5, the Indenture Estate, for any fee as compensation for its services hereunder.

Appears in 8 contracts

Samples: Mortgage and Security Agreement (Calpine Corp), Mortgage and Security Agreement (Calpine Corp), Mortgage and Security Agreement (Calpine Corp)

AutoNDA by SimpleDocs

Compensation of the Indenture Trustee; Indemnification. (a) The Owner Lessor Trust will from time to time, on demand, pay to the Indenture Trustee such compensation for its services hereunder as shall be agreed to by the Owner Lessor Trust, the Lessee and the Indenture Trustee, or, in the absence of agreement, reasonable compensation 32 37 for such services (which compensation shall include reasonable fees and expenses of its outside counsel and shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust), and the Indenture Trustee agrees that it shall have no right against the Noteholders or, except as provided in Section 3 and Section 4.3 hereof 4.2 or this Section 5, the Indenture Estate, for any fee as compensation for its services hereunder.

Appears in 1 contract

Samples: Indenture of Trust and Security Agreement (Aes Eastern Energy Lp)

AutoNDA by SimpleDocs

Compensation of the Indenture Trustee; Indemnification. (a) The Owner Lessor Trust will from time to time, on demand, pay to the Indenture Trustee such compensation for its services hereunder as shall be agreed to by the Owner Lessor Trust, the Lessee and the Indenture Trustee, or, in the absence of agreement, reasonable compensation for such services (which compensation shall include reasonable fees and expenses of its outside counsel and shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust), and the Indenture Trustee agrees that it shall have no right against the Noteholders or, except as provided in Section 3 and Section 4.3 hereof 4.2 or this Section 5, the Indenture Estate, for any fee as compensation for its services hereunder.

Appears in 1 contract

Samples: Trust and Security Agreement (Aes Eastern Energy Lp)

Time is Money Join Law Insider Premium to draft better contracts faster.