Common use of Payment of Taxes and Expenses Clause in Contracts

Payment of Taxes and Expenses. 28.1 The Trustee may pay the Expenses out of the Trust Property in accordance with the provisions of this Agreement. 28.2 If the amount of the Trust Property is not sufficient to pay the Expenses as set forth in Clause 28.1, the Trustee may request the Settlor entrust additional funds equal to such shortfall. Upon receipt of such request, the Settlor shall immediately entrust such additional funds to the Trustee.

Appears in 4 contracts

Samples: Revolving Line Agreement (Advanced Micro Devices Inc), Revolving Line Agreement (Advanced Micro Devices Inc), Accounts Receivables Trust Agreement (Spansion Inc.)

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