Common use of Fees of Separate Independent Trustee and Delaware Trustee Clause in Contracts

Fees of Separate Independent Trustee and Delaware Trustee. At such time as the Issuer Trustee, the Independent Trustee and the Delaware Trustee are not the same Person, the Trust shall pay such fees to each of the Independent Trustee and Delaware Trustee as the majority of the Trustees shall approve.

Appears in 3 contracts

Samples: Trust Agreement (Peco Energy Transition Trust), Trust Agreement (Peco Energy Transition Trust), Trust Agreement (Peco Energy Transition Trust)

AutoNDA by SimpleDocs

Fees of Separate Independent Trustee and Delaware Trustee. At such time as the Issuer Trustee, the Independent Trustee and the Delaware Trustee are not the same Person, the Trust shall pay such fees to each of the Independent Trustee and Delaware Trustee as the majority of the Trustees shall approve.

Appears in 1 contract

Samples: Trust Agreement (Peco Energy Transition Trust)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!