Payment of Litigation Trust Expenses. (a) The Litigation Trustee may incur any reasonable and necessary fees and expenses in pursuing the Litigation Trust Assets, administering the Litigation Trust, managing the Litigation Trust Assets and making distributions on account of Litigation Trust Interests. All fees, expenses, and costs of the Litigation Trust shall be paid by, and solely be the obligation of, the Litigation Trust.
Appears in 4 contracts
Samples: Litigation Trust Agreement, Litigation Trust Agreement, Litigation Trust Agreement
Payment of Litigation Trust Expenses. (a) The Litigation Trustee may incur any reasonable and necessary fees and expenses in pursuing the Litigation Trust Assets, administering the Litigation Trust, managing the Litigation Trust Assets and making distributions on account of Litigation Trust Interests. All fees, expenses, and costs of the Litigation Trust shall be paid byfrom the Litigation Trust Proceeds or the proceeds of the Litigation Trust Facility, and solely be the obligation of, the Litigation Trust.
Appears in 1 contract
Samples: Litigation Trust Agreement