Common use of Payment of Trust Fees Clause in Contracts

Payment of Trust Fees. The Owner Trustee shall cause the Administrator (i) to pay the Trust's fees and expenses incurred with respect to the performance of the Trust's duties under the Indenture from amounts received pursuant to Section 3.05(x) under the Indenture and (ii) to notify the Certificate Paying Agent of such fees and expenses incurred thereunder.

Appears in 31 contracts

Samples: Trust Agreement (Opteum Mortgage Acceptance CORP), Trust Agreement (MILA Mortgage Acceptance, Inc.), Trust Agreement (National City Mortgage Capital LLC)

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Payment of Trust Fees. The Owner Trustee shall cause the Administrator (i) to pay the Trust's ’s fees and expenses incurred with respect to the performance of the Trust's ’s duties under the Indenture from amounts received pursuant to Section 3.05(x) under the Indenture and (ii) to notify the Certificate Paying Agent of such fees and expenses incurred thereunder.

Appears in 6 contracts

Samples: Trust Agreement (Shellpoint Mortgage Acceptance LLC), Trust Agreement (Credit Suisse First Boston Mortgage Securities Corp), Trust Agreement (Long Beach Securities Corp)

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Payment of Trust Fees. The Owner Trustee shall [cause the Administrator (i) to to] pay the Trust's fees and expenses incurred with respect to the performance of the Trust's duties under the Indenture [from amounts received pursuant to [Section 3.05(x) )] under the Indenture and (ii) to notify the Certificate Paying Agent of such fees and expenses incurred thereunder.]

Appears in 1 contract

Samples: Trust Agreement (Homepride Mortgage Finance Corp)

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