Common use of Normal Remuneration Clause in Contracts

Normal Remuneration. The Issuer will (subject as hereinafter provided) pay to the Trustee by way of remuneration for its services as Trustee such sums, and on the basis and in the manner, as may from time to time be agreed between them. The said remuneration shall accrue from day to day and be payable by the Issuer (in priority to payments to the Noteholders and Couponholders) until the date when, all the Notes having become due for redemption, the redemption moneys and interest thereon to the date of redemption have been paid (i) in the case of Notes other than CMU Notes, to the Agent or the Trustee or (ii) in the case of CMU Notes, to the CMU Lodging and Paying Agent or the Trustee. However, if any payment to a Noteholder or Couponholder of the moneys due in respect of any Note or Coupon is improperly withheld or refused, such remuneration will again accrue as from the due date of such payment until payment to such Noteholder or Couponholder is duly made.

Normal Remuneration. ‌ The Issuer will (subject as hereinafter provided) pay to the Trustee by way of remuneration for its services as Trustee such sums, and on the basis and in the manner, as may from time to time be agreed between them. The said remuneration shall accrue from day to day and be payable by the Issuer (in priority to payments to the Noteholders and Couponholders) until the date when, all the Notes having become due for redemption, the redemption moneys and interest thereon to the date of redemption have been paid (i) in the case of Notes other than CMU Notes, to the Agent or the Trustee or (ii) in the case of CMU Notes, to the CMU Lodging and Paying Agent or the Trustee. However, if any payment to a Noteholder or Couponholder of the moneys due in respect of any Note or Coupon is improperly withheld or refused, such remuneration will again accrue as from the due date of such payment until payment to such Noteholder or Couponholder is duly made.