Common use of Eligible Lender Trustee's Fees and Expenses Clause in Contracts

Eligible Lender Trustee's Fees and Expenses. The Eligible Lender Trustee shall receive as compensation for its services hereunder such fees as have been separately agreed upon before the date hereof between the Seller and the Eligible Lender Trustee, and the Eligible Lender Trustee shall be entitled to be reimbursed by the Seller for its other reasonable expenses hereunder, including the reasonable compensation, expenses and disbursements of such agents, representatives, experts and counsel as the Eligible Lender Trustee may employ in connection with the exercise and performance of its rights and duties hereunder. The Eligible Lender Trustee shall have no recourse to the Issuer for its fees and expenses hereunder.

Appears in 9 contracts

Samples: Trust Agreement (SMS Student Loan Trust 2000-A), Trust Agreement (Usa Group Secondary Market Services Inc), Trust Agreement (Asset Backed Securities Corp)

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Eligible Lender Trustee's Fees and Expenses. The Eligible Lender Trustee shall receive as compensation for its services hereunder such fees as have been separately agreed upon before the date hereof between the Seller Depositor and the Eligible Lender Trustee, and the Eligible Lender Trustee shall be entitled to be reimbursed by the Seller Depositor for its other reasonable expenses hereunder, including the reasonable compensation, expenses and disbursements of such agents, representatives, experts and counsel as the Eligible Lender Trustee may employ in connection with the exercise and performance of its rights and duties hereunder. The Eligible Lender Trustee shall have no recourse to the Issuer for its fees and expenses hereunder.

Appears in 2 contracts

Samples: Trust Agreement (Signet Student Loan Trusts), Trust Agreement (Usa Group Secondary Market Services Inc)

Eligible Lender Trustee's Fees and Expenses. The Eligible Lender Trustee shall receive as compensation for its services hereunder such fees as have been separately agreed upon before the date hereof between the Seller Depositor and the Eligible Lender Trustee, and the Eligible Lender Trustee shall be entitled to be reimbursed by the Seller for its other reasonable expenses hereunder, including the reasonable compensation, expenses and disbursements of such agents, representatives, experts and counsel as the Eligible Lender Trustee may employ in connection with the exercise and performance of its rights and duties hereunder. The Eligible Lender Trustee shall have no recourse to the Issuer for its fees and expenses hereunder.

Appears in 1 contract

Samples: Trust Agreement (Wells Fargo Student Loans Receivables I LLC)

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Eligible Lender Trustee's Fees and Expenses. The Eligible Lender Trustee shall receive as compensation for its services hereunder such fees as have been separately agreed upon before the date hereof between the Seller DEPOSITOR and the Eligible Lender Trustee, and the Eligible Lender Trustee shall be entitled to be reimbursed by the Seller DEPOSITOR for its other reasonable expenses hereunder, including the reasonable compensation, expenses and disbursements of such agents, representatives, experts and counsel as the Eligible Lender Trustee may employ in connection with the exercise and performance of its rights and duties hereunder. The Eligible Lender Trustee shall have no recourse to the Issuer for its fees and expenses hereunder.

Appears in 1 contract

Samples: Trust Agreement (Nellie Mae Education Loan Corp)

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