Common use of Dispute Resolution Expenses Clause in Contracts

Dispute Resolution Expenses. If the Asset Representations Reviewer participates in a dispute resolution proceeding under Section 3.12 of this Agreement and its reasonable out-of-pocket expenses for participating in the proceeding are not paid by a party to the dispute resolution within ninety (90) days after the end of the proceeding, the Issuer will reimburse the Asset Representations Reviewer for such expenses upon receipt of a detailed written invoice. Such expenses shall be paid on the Payment Date in the calendar month subsequent to the calendar month in which such invoice is received. In no event shall the Indenture Trustee be responsible for the payment of these expenses.