Payment of Expenses of the Trust. In connection with the offering, sale and issuance of the Debentures to the Property Trustee and in connection with the sale of the Preferred Securities by the Trust, the Company shall:
(a) pay for all costs, fees and expenses relating to the offering, sale and issuance of the Securities (as defined in the Purchase Agreement), including commissions, discounts and expenses payable pursuant to the Purchase Agreement and compensation of the Trustee under the Indenture in accordance with the provisions of Section 6.7 of the Indenture;
(b) be responsible for and pay for all debts and obligations (other than with respect to the Preferred Securities) of the Trust, pay for all costs and expenses of the Trust (including, but not limited to, costs and expenses relating to the organization of the Trust, the offering, sale and issuance of the Preferred Securities (including commissions, discounts and expenses in connection therewith), the fees and expenses of the Property Trustee and the Delaware Trustee, the costs and expenses relating to the operation of the Trust, including without limitation, costs and expenses of accountants, attorneys, statistical or bookkeeping services, expenses for printing and engraving and computing or accounting equipment, paying agent(s), registrar(s), transfer agent(s), duplicating, travel and telephone and other telecommunications expenses and costs and expenses incurred in connection with the acquisition, financing, and disposition of Trust assets); and
(c) pay any and all taxes (other than United States withholding taxes attributable to the Trust or its assets) and all liabilities, costs and expenses with respect to such taxes of the Trust.
Payment of Expenses of the Trust. Pursuant to Section 10.6 of the Indenture, the Depositor, as borrower, has agreed to pay to the Trust, and reimburse the Trust for, the full amount of any costs, expenses or liabilities of the Trust (other than obligations of the Trust to pay the Holders of any Capital Securities or other similar interests in the Trust the amounts due such Holders pursuant to the terms of the Capital Securities or such other similar interests, as the case may be), including, without limitation, any taxes, duties or other governmental charges of whatever nature (other than withholding taxes) imposed on the Trust by the United States or any other taxing authority. Such payment obligation includes any such costs, expenses or liabilities of the Trust that are required by applicable law to be satisfied in connection with a termination of the Trust.
Payment of Expenses of the Trust. Pursuant to Article Three of the Supplemental Indenture No. 1 to the Indenture, the Trust Securities Guarantor has agreed to pay to the Trust, and reimburse the Trust for, the full amount of any costs, expenses or liabilities of the Trust (other than obligations of the Trust to pay the Holders of any Preferred Securities or Common Securities), including, without limitation, any taxes, duties or other governmental charges of whatever nature (other than withholding taxes) imposed on the Trust by the United States or any other taxing authority. Such payment obligation includes any such costs, expenses or liabilities of the Trust that are required by applicable law to be satisfied in connection with a termination of the Trust.
Payment of Expenses of the Trust. In connection with the offering, sale and issuance of the Securities to the Property Trustee in connection with the sale of the Trust Securities by the Trust, the Company shall:
(a) pay for all costs, fees and expenses relating to the exchange and issuance of the Securities, including compensation of the Trustee under the Indenture in accordance with the provisions of Section 6.07 of the Indenture;
(b) be responsible for and pay for all debts and obligations (other than with respect to the Trust Securities) of the Trust, pay for all costs and expenses of the Trust (including, but not limited to, costs and expenses relating to the organization of the Trust, the offering, sale and issuance of the Trust Securities (including commissions to the underwriters in connection therewith), the fees and expenses of the Property Trustee and the Delaware Trustee, the costs and expenses relating to the operation of the Trust, including without limitation, costs and expenses of accountants, attorneys, statistical or bookkeeping services, expenses for printing and engraving and computing or accounting equipment, paying agent(s), registrar(s), transfer agent(s), duplicating, travel and telephone and other telecommunications expenses and costs and expenses incurred in connection with the 67 67 acquisition, financing, and disposition of Trust assets); and
(c) pay any and all taxes (other than United States withholding taxes attributable to the Trust or its assets) and all liabilities, costs and expenses with respect to such taxes of the Trust.
Payment of Expenses of the Trust. (a) Pursuant to Section 10.6 of the Indenture, the Depositor, as borrower, has agreed to pay to the Trust, and reimburse the Trust for, the full amount of any costs, expenses or liabilities of the Trust (other than obligations of the Trust to pay the holders of any Trust Securities or other similar interests in the Trust the amounts due such Holders pursuant to the terms of the Trust Securities or such other similar interests, as the case may be), including without limitation, any taxes, duties or other governmental charges of whatever nature (other than United States withholding taxes) imposed on the Trust by the United States or any other taxing authority. Such payment obligation includes any such costs, expenses or liabilities of the Trust that are required by applicable law to be satisfied in connection with a termination of such Trust.
(b) Upon receipt by the Trust of the amounts described in subsection 4.6(a), the Trust shall promptly pay any taxes, duties or other governmental charges of whatever nature (other than United States withholding taxes) imposed on the Trust by the United States or any other taxing authority.
Payment of Expenses of the Trust. In connection with the issuance of the Debentures to the Property Trustee and in connection with the issuance of the Preferred Securities by the Trust, the Company shall:
Payment of Expenses of the Trust. (a) Pursuant to Section 10.6(a) of the Indenture, the Depositor, as borrower, has agreed to, and it shall promptly pay any taxes, duties or governmental charges of whatsoever nature (other than withholding taxes) imposed on the Trust by the United States or any other taxing authority.
Payment of Expenses of the Trust. Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Capital Securities shall be reduced by the amount of any corresponding payment such Holder (or an Owner with respect to the Holder's Capital Securities) has directly received pursuant to Section 5.8 of the Indenture or Section 5.14 of this Trust Agreement.
Payment of Expenses of the Trust. In connection with the Cash Offer and the related issuance of the Securities to the Property Trustee, the Company shall:
(a) pay for all fees and expenses relating to the Cash Offer and related issuance of the Securities and the Preferred Securities, including fees and expenses payable to the Placement Agent pursuant to the Distribution Agreement, and compensation of the Trustee in accordance with the provisions of Section 607;
(b) be responsible for and pay for all debts and obligations (other than with respect to the Trust Securities) of the Trust, pay for all fees and expenses of the Trust (including, but not 45 limited to, fees and expenses relating to the organization of the Trust, the offering, sale and issuance of the Trust Securities, the fees and expenses of the Property Trustee and the Delaware Trustee, the fees and expenses relating to the operation of the Trust, including without limitation, fees and expenses of accountants, attorneys, statistical or bookkeeping services, expenses for printing and engraving and computing or accounting equipment, paying agent(s), registrar(s), transfer agent(s), duplicating, travel and telephone and other telecommunications expenses and fees and expenses incurred in connection with the acquisition, financing, and disposition of Trust assets);
(c) pay for all fees and expenses related to the retention of the Property Trustee;
(d) pay for all fees and expenses related to the enforcement by the Property Trustee of the rights of the holders of the Preferred Securities; and
(e) pay any and all income taxes, duties and other governmental charges, and all costs and expenses relating to these charges, to which the trust may become subject, which shall not include United States withholding taxes but shall include liabilities imposed on the Trust as withholding agent.
Payment of Expenses of the Trust. 35 Section 10.02. Limitation of Rights of Securityholders......................................................36 Section 10.03. Amendment....................................................................................36 Section 10.04. Separability.................................................................................37 Section 10.05. Governing Law................................................................................37 Section 10.06. Successors...................................................................................37 Section 10.07. Headings.....................................................................................37 Section 10.08.
