Common use of Expenses of the Trust Fund Clause in Contracts

Expenses of the Trust Fund. The Trustee is authorized to pay out of the Trust Fund: (a) all brokerage fees and transfer tax expenses and other expenses incurred in connection with the sale or purchase of investments; (b) all real and personal property taxes, income taxes and other taxes of any kind at any time levied or assessed under any present or future law upon, or with respect to, the Trust Fund or any property included in the Trust Fund; (c) the Trustee's compensation and expenses as provided in Section 6.3 hereof; and (d) all other expenses of administering the Trust, including, without limitation, the expenses incurred by the Trustee pursuant to Section 6.11 of this Agreement, if any, unless promptly paid to the Trustee by the Company.

Expenses of the Trust Fund. The Trustee is authorized to pay out of the Trust Fund: : (a) all brokerage fees and transfer tax expenses and other expenses incurred in connection with the sale or purchase of investments; (b) all real and personal property taxes, income taxes and other taxes of any kind at any time levied or assessed under any present or future law upon, or with respect to, the Trust Fund or any property included in the Trust Fund; (c) the Trustee's compensation and expenses as provided in Section 6.3 hereof; and (d) all other expenses of administering the Trust, including, without limitation, the expenses incurred by the Trustee pursuant to Section 6.11 of this Agreement, if any, unless promptly paid to the Trustee by the Company.