Common use of Compensation of Trustee Clause in Contracts

Compensation of Trustee. The Trustee agrees that it shall have no right against the Noteholders or, except as provided in Section 3.6(a), the property of the Issuer, for any fee as compensation for its services hereunder. The Issuer shall pay to the Trustee from time to time such compensation as is agreed in writing between the two parties. The priority of such compensation shall be subject to Section 3.6(a).

Appears in 6 contracts

Samples: Indenture (Theravance Biopharma, Inc.), Indenture (Theravance Biopharma, Inc.), Indenture (Zealand Pharma a/S)

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Compensation of Trustee. The Trustee agrees that it shall have no right against the Noteholders or, except as provided in Section 3.6(a)) and Section 4.14, the property of the Issuer, for any fee as compensation for its services hereunder. The Issuer shall pay to the Trustee from time to time such compensation as is agreed in writing between the two parties. The priority of such compensation shall be subject to Section 3.6(a)) and Section 4.14.

Appears in 3 contracts

Samples: Indenture (Alexza Pharmaceuticals Inc.), Indenture (Alexza Pharmaceuticals Inc.), Indenture (Alexza Pharmaceuticals Inc.)

Compensation of Trustee. The Trustee agrees that it shall have no right against the Noteholders or, except as provided in Section 3.6(a3.7(a), the property of the Issuer, for any fee as compensation for its services hereunder. The Issuer shall pay to the Trustee from time to time such compensation as is agreed in writing between the two parties. The priority of such compensation shall be subject paid to the Trustee as provided in Section 3.6(a3.5(a) and Section 3.7(a).

Appears in 2 contracts

Samples: Indenture (Supernus Pharmaceuticals Inc), Indenture (Encysive Pharmaceuticals Inc)

Compensation of Trustee. The Trustee agrees that it shall have no right against the Noteholders or, except as provided in Section 3.6(a)3.07(a) hereof, the property of the Issuer, for any fee as compensation for its services hereunder. The Issuer shall pay to the Trustee from time to time such compensation as is agreed in writing between the two parties. The priority of such compensation shall be subject paid to Section 3.6(athe Trustee as provided in Sections 3.05(a) and 3.07(a).

Appears in 2 contracts

Samples: Indenture (NPS Pharmaceuticals Inc), Indenture (NPS Pharmaceuticals Inc)

Compensation of Trustee. The Trustee agrees that it shall have no right against the Noteholders or, except as provided in Section 3.6(a), the property of the Issuer, for any fee as compensation for its services hereunder. The Issuer shall pay to the Trustee from time to time such compensation as is agreed in writing between the two parties. The priority obligations of such compensation the Issuer to so compensate the Trustee shall be subject secured by a lien prior to Section 3.6(a)that of the Notes upon all property and funds held or collected by the Trustee as such, except for funds held in trust for the benefit of the Noteholders of any particular Notes.

Appears in 2 contracts

Samples: Indenture (Ironwood Pharmaceuticals Inc), Indenture (Ironwood Pharmaceuticals Inc)

Compensation of Trustee. The Trustee agrees that it shall have no right against the Noteholders or, except as provided in Section 3.6(a3.7(a), the property of the Issuer, for any fee as compensation for its services hereunder. The Issuer shall pay to the Trustee from time to time such compensation as is agreed in writing between the two parties. The priority of such compensation shall be subject to Section 3.6(a3.7(a).

Appears in 2 contracts

Samples: Indenture (Biocryst Pharmaceuticals Inc), Indenture (PDL Biopharma, Inc.)

Compensation of Trustee. The Trustee agrees that it shall have no right against the Noteholders or, except as provided be entitled to compensation in Section 3.6(a), the property of accordance with its agreement with the Issuer, for which, notwithstanding any fee as compensation for its services hereunder. The other provision hereof, may be amended at any time by agreement of the Issuer shall pay and the Trustee without the consent of or notice to the Owners. In no event shall the Trustee from time be obligated to time such compensation as is agreed advance its own funds in writing between the two parties. The priority of such compensation shall be subject order to Section 3.6(a)take any action hereunder.

Appears in 1 contract

Samples: Master Indenture of Trust

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Compensation of Trustee. The Trustee agrees that it shall have no right against the Noteholders or, except as provided in Section 3.6(a)3.07(a) hereof, the property of the Issuer, for any fee as compensation for its services hereunder. The Issuer shall pay to the Trustee from time to time such compensation as is agreed in writing between the two parties. The priority of such compensation shall be subject paid to the Trustee as provided in Section 3.6(a3.05(a) and Section 3.07(a).

Appears in 1 contract

Samples: Indenture (Alkermes Inc)

Compensation of Trustee. The Trustee agrees that it shall have no right against the Noteholders or, except as provided in Section 3.6(a3.7(a), the property of the Issuer, for any fee as compensation for its services hereunder. The Issuer shall pay to the Trustee from time to time such compensation as is has been agreed in writing between the two partiesparties on or prior to the date hereof. The priority of such compensation shall be subject paid to the Trustee as provided in Section 3.6(a3.5(a) and Section 3.7(a).

Appears in 1 contract

Samples: Indenture (Insite Vision Inc)

Compensation of Trustee. The Trustee agrees that it shall have no right against the Noteholders or, except as provided in Section 3.6(a3.7(a), the property of the Issuer, for any fee as compensation for its services hereunder. The Issuer shall pay to the Trustee from time to time such compensation as is agreed in writing between the two parties. The priority of such compensation shall be subject paid to the Trustee as provided in Section 3.6(a3.7(a).

Appears in 1 contract

Samples: Indenture (Indevus Pharmaceuticals Inc)

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