Common use of FEES, EXPENSES, TAXES AND PENALTIES Clause in Contracts

FEES, EXPENSES, TAXES AND PENALTIES. (a) The Depositor agrees to pay to the Custodian fees for services performed under this Agreement in an amount specified from time to time by the Custodian. Such fees may include, but are not limited to, a fee to establish the custodial account and the annual maintenance fee. The Custodian shall have the right to change such fees at any time without prior written notice to the Depositor. As soon as practicable after any change in fees, the Custodian shall make available to the Depositor a new fee schedule. All fees may be billed to the Depositor or deducted from the custodial account, at the discretion of the Custodian. The Custodian shall also be entitled to reimbursement for all reasonable and necessary costs, expenses and disbursement incurred by it in the performance of services. Such reimbursement shall be made from the account if not paid directly by the Depositor.

Appears in 2 contracts

Samples: First Omaha Funds Inc, First Omaha Funds Inc

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FEES, EXPENSES, TAXES AND PENALTIES. (a) The Depositor agrees to pay to the Custodian fees for services performed under this Agreement agreement in an amount specified from time to time by the Custodian. , Such fees may include, but are not limited to, to a fee to establish the custodial account and the annual maintenance fee. The Custodian shall have the right to change any such fees at any time without prior written notice to the Depositor. As soon as practicable after any change in fees, the Custodian shall make available to the Depositor a new fee schedule. All fees may be billed to the Depositor or deducted from the custodial account, at the discretion of the Custodian. The Custodian shall also be entitled to reimbursement for all reasonable and necessary costs, expenses and disbursement incurred by it in the performance of services. Such reimbursement shall be made from the account if not paid directly by the Depositor.

Appears in 1 contract

Samples: Account Agreement (First Omaha Funds Inc)

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FEES, EXPENSES, TAXES AND PENALTIES. (a) The Depositor Participant agrees to pay to the Custodian fees for services performed under this Agreement in an amount specified from time to time by the Custodian. Such fees may include, but are not limited to, a fee to establish the custodial account and the annual maintenance fee. The Custodian shall have the right to change such fees at any time without prior written notice to the DepositorParticipant. As soon as practicable after any change in fees, the Custodian shall make available to the Depositor Participant a new fee schedule. All fees may be billed to the Depositor Participant or deducted from the custodial account, at the discretion of the Custodian. The Custodian shall also be entitled to reimbursement for all reasonable and necessary costs, expenses and disbursement incurred by it in the performance of services. Such reimbursement shall be made from the account if not paid directly by the DepositorParticipant.

Appears in 1 contract

Samples: First Omaha Funds Inc

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