Expense Account and Service Providers Sample Clauses

Expense Account and Service Providers. (a) The Dime may from time to time make contributions to the Trust Fund to be held in an Expense Account, the contributions to which may be used to pay the Trustee's and the Committee's and the Director Committee's (as defined in Section 8.2(b)) fees and expenses in accordance with this Trust Agreement. At the time of an Irrevocable Election or Change in Control, the Committee shall determine the amount that is reasonably necessary to pay anticipated Trust expenses over the remaining life of the Trust, which amount shall not be less than $12 million, and the Company and the Bank shall each be jointly and severally liable to pay and deliver to the Trustee an amount determined so that when it is added to amounts previously contributed to be held in the Expense Account, the amount held or the Expense Account equals such amount. The allocation of amounts contributed to and held in the Expense Account as Company Trust Assets and Bank Trust Assets shall be based on the proportion of the amounts actually contributed by each entity, provided that the Company and the Bank may agree to a different allocation of those amounts between and among Company Trust Assets and Bank Trust Assets if either initially contributes more than 50% of the total amount so contributed or otherwise, in which event the Company and the Bank shall inform the Trustee and the Committee of such revised allocation, which revised allocation shall apply; provided, however, that after a Change in Control or an Irrevocable Election, revision of a previously applicable allocation of Expense Account amounts between Company Trust Assets and Bank Trust Assets shall require the consent of the Committee. On and after an Irrevocable Election or a Change in Control, the Trustee shall allocate to the Expense Account, on a pro-rata basis with the remainder of the Trust Fund, the income of the Trust Fund and gains and losses (including gains and losses not yet realized on Trust Fund assets), as of the last day of each calendar month; provided, however, that the Committee may direct that the Expense Account be invested separately from other assets of the Trust Fund, in which event the Expense Account will be allocated the gains and losses of those separate investments. To the extent there is a balance in the Expense Account, the Trustee shall utilize such balance for payment of its fees and expenses and the fees and expenses of the Committee and the Director Committee (as defined in Section 8.2(b)) as provided...
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Expense Account and Service Providers. (a) The Dime may from time to time make contributions to the Trust Fund to be held in an Expense Account, the contributions to which may be used to pay the Trustee's and the Committee's and the Director Committee's (as defined in Section 8.2(b)) fees and expenses in accordance with this Trust Agreement. At the time of an Irrevocable Election or Change in Control, the Committee shall determine the amount that is reasonably necessary to pay anticipated Trust expenses over the remaining life of the Trust, which amount shall not be less than $5 million, and the Company and the Bank shall each be jointly and severally liable to pay and deliver to the Trustee an amount determined so that when it is added to amounts previously contributed to be held in the Expense Account, the amount held or the Expense Account equals such amount. The allocation of amounts contributed to and held in the Expense Account as Company Trust Assets and Bank Trust Assets shall be based on the proportion of the amounts actually contributed by each entity, provided that the Company and the Bank may agree to a different allocation of those amounts between and among Company Trust Assets and Bank Trust Assets if either initially contributes more than 50% of the total amount so contributed or otherwise, in which event the
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Related to Expense Account and Service Providers

  • Agreements with Other Service Providers Each Fund hereby appoints FSSC as the Fund’s agent to enter into agreements with financial intermediaries that are not registered as broker/dealers under the 1934 Act (each an “Unregistered Intermediary”) to provide Services to their customers that are Shareholders of the Fund. Each Fund agrees to pay Service Fees at an annual rate as set forth in Schedule 1 to this Agreement of up to 0.25% of the average net assets held in Fund accounts for which an Unregistered Intermediary has agreed to provide Services. Any such accounts shall not be treated as FSSC Accounts for purposes of this Agreement.

  • Stock Plan Administration Service Providers The Company transfers Data to Xxxxxx Xxxxxxx Xxxxx Xxxxxx LLC, an independent service provider, which is assisting the Company with the implementation, administration and management of the Plan. In the future, the Company may select a different service provider and share Data with such other provider serving in a similar manner. The Participant may be asked to agree on separate terms and data processing practices with the service provider, with such agreement being a condition to the ability to participate in the Plan.

  • Coordination, Oversight and Monitoring of Service Providers As set forth in the Administrative Services Agreement between the Fund and CRMC, CRMC shall coordinate, monitor and oversee the activities performed by the Service Providers with which AFS contracts. AFS shall monitor Service Providers’ provision of services including the delivery of Customer account statements and all Fund-related material, including summary prospectuses and/or prospectuses, shareholder reports, and proxies.

  • Contracts With Service Providers 13 Section 1.

  • Service Providers The Lending Agent serves as custodian of the Trust and as the Investment Manager of each Portfolio of the Trust (the "Investment Manager") and directs the investment and reinvestment of assets of each Series of the Trust. Mellon Bank (DE) National Association, an affiliate of the Lending Agent, serves as the trustee of the Trust (the "Trustee"). None of these parties will receive any additional compensation from the Trust for their services to the Trust.

  • Third Party Service Providers An Insurer may retain a third-party service provider to perform one or more of the services it is obligated to perform under this Agreement, provided, however, that the retention does not operate to relieve the Insurer of any obligation (including obligations arising from the Insurer’s representations and warranties below) it has to the Company or its affiliates under this Agreement. In addition, retention of unaffiliated third-party service providers is subject the following conditions: • the retention must be pursuant to a written agreement (a “retention agreement”) conforming in substance to the terms of this Agreement (i.e., not inconsistent with any term or provision of this Agreement) and provided to the Company for its approval at least seven (7) days in advance of its execution. • in the event that the Insurer retains a third-party to perform fewer than all of the services provided for herein, any compensation under this Agreement that the Insurer retains must be commensurate with the services it provides under this agreement.

  • Operating Accounts (a) Maintain all of Borrower’s and its Subsidiaries’ Collateral Accounts in accounts which are subject to a Control Agreement in favor of Collateral Agent.

  • Omnibus Accounts The Custodian may hold Foreign Securities and related Proceeds with one or more Foreign Sub-custodians or Eligible Securities Depositories in each case in a single account with such Sub-custodian or Securities Depository that is identified as belonging to the Custodian for the benefit of its customers; provided however, that the records of the Custodian with respect to Securities and related Proceeds that are property of the Company maintained in such account(s) shall identify by book-entry those Securities and other property as belonging to the Company.

  • Set Up Accounts (a) Bank shall establish and maintain the following accounts ("Accounts"):

  • Stock Plan Administration Service Provider The Company transfers the Participant's Personal Information to Fidelity Stock Plan Services LLC, an independent service provider based in the United States, which assists the Company with the implementation, administration and management of the Plan (the “Stock Plan Administrator”). In the future, the Company may select a different Stock Plan Administrator and share the Participant's Personal Information with another company that serves in a similar manner. The Stock Plan Administrator will open an account for the Participant to receive and trade Shares acquired under the Plan. The Participant will be asked to agree on separate terms and data processing practices with the Stock Plan Administrator, which is a condition to the Participant’s ability to participate in the Plan. (c)

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