Common use of Payment of Trust Administration Costs Clause in Contracts

Payment of Trust Administration Costs. Subject to the limits set forth in Xxxxxxxx X-0 and Appendix D-1A, the Indian Tribe Mitigation Trust shall pay from the Tribal Administration Cost Subaccount its own reasonable and necessary costs and expenses, and shall reimburse the Trustee for the actual reasonable out-of-pocket fees, costs, and expenses to the extent incurred by the Trustee in connection with the administration of the Indian Tribe Trust, including payment of professionals hired in connection with the duties and responsibilities of the Indian Tribe Trust, payment of insurance premiums for policies purchased pursuant to subparagraph 3.1.2.8, payment of a deductible incurred under an insurance policy for the Indian Tribe Trust, Trustee, Investment Manager, or Tax Professionals hired hereunder purchased pursuant to subparagraph

Appears in 5 contracts

Samples: Environmental Mitigation Trust Agreement, www.4cleanair.org, www.arb.ca.gov

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