Common use of Payment of Certain Expenses by Xxxxxx Xxx and the Trustee Clause in Contracts

Payment of Certain Expenses by Xxxxxx Xxx and the Trustee. Xxxxxx Mae shall pay all expenses incurred by it in connection with its activities hereunder and under the Sale and Servicing Agreement and shall not be entitled to reimbursement therefor out of proceeds of the Mortgage Loans, except as expressly provided herein or in the Sale and Servicing Agreement. The Trustee shall pay all expenses incurred by it in connection with its activities hereunder and under the Sale and Servicing Agreement and shall not be entitled to reimbursement therefor out of proceeds of the Mortgage Loans, except as expressly provided herein or in the Sale and Servicing Agreement.

Appears in 4 contracts

Samples: Fannie Mae, Trust Agreement, Fannie Mae

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Payment of Certain Expenses by Xxxxxx Xxx and the Trustee. Xxxxxx Mae shall pay all expenses incurred by it in connection with its activities hereunder and under the Sale and Servicing Agreement and shall not be entitled to reimbursement therefor out of proceeds of the Mortgage LoansAssets, except as expressly provided herein or in the Sale and Servicing Agreement. The Trustee shall pay all expenses incurred by it in connection with its activities hereunder and under the Sale and Servicing Agreement and shall not be entitled to reimbursement therefor out of proceeds of the Mortgage LoansAssets, except as expressly provided herein or in the Sale and Servicing Agreement.

Appears in 1 contract

Samples: Trust Agreement

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