Common use of Organizational Expenses Clause in Contracts

Organizational Expenses. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 20 contracts

Samples: Trust Agreement (World Omni LT), Trust Agreement (World Omni LT), Trust Agreement (World Omni LT)

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Organizational Expenses. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner any Trustee, promptly reimburse the Owner such Trustee for any such expenses paid by such Trustee. The Depositor shall make no claim upon the Owner TrusteeTrust Property for the payment of such expenses.

Appears in 20 contracts

Samples: Declaration of Trust (Boise Cascade Corp), Merger Agreement (Capital Senior Living Corp), Merger Agreement (Ilm Senior Living Inc /Va)

Organizational Expenses. The Trust Depositor shall pay or provide for the payment of organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse or provide for the reimbursement of the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 16 contracts

Samples: Trust Agreement (Cit Funding Co, LLC), Trust Agreement (Cit Equipment Collateral 2000-1), Trust Agreement (Cit Ec Ef 2001-A)

Organizational Expenses. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner any Trustee, promptly reimburse the Owner such Trustee for any such expenses paid by such Trustee; provided, however, that such expenses paid by any Trustee shall have been paid in accordance with the Owner Trusteelimitations enumerated in Section 2.5 hereof. The Depositor shall make no claim upon the Trust Property for the payment of such expenses.

Appears in 2 contracts

Samples: Declaration of Trust (Superior Trust I), Declaration of Trust (Superior Trust I)

Organizational Expenses. The Depositor shall pay organizational and administrative expenses of the Trust as they may arise or shall, upon the request of the Owner any Trustee, promptly reimburse the Owner Trustee such Trustee, at cost, for any such expenses paid by such Trustee. The Depositor shall make no claim upon the Owner TrusteeTrust Property for the payment or reimbursement of such expenses.

Appears in 1 contract

Samples: Trust Agreement (Metrocorp Inc)

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Organizational Expenses. The Depositor shall pay ------------------------ organizational expenses of the Trust as they may arise or shall, upon the request of the Owner any Trustee, promptly reimburse the Owner such Trustee for any such expenses paid by such Trustee. The Depositor shall make no claim upon the Owner TrusteeTrust Property for the payment of such expenses.

Appears in 1 contract

Samples: Trust Agreement (Alcoa Trust I)

Organizational Expenses. The Depositor shall pay ----------------------- organizational expenses of the Trust as they may arise or shall, upon the request of the Owner any Trustee, promptly reimburse the Owner such Trustee for any such expenses paid by the Owner Trustee.such

Appears in 1 contract

Samples: Trust Agreement (United Rentals Inc /De)

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