Remuneration of Trustee and Its Agents. 14.2.1 The Trustee shall be entitled to a monthly remuneration out of the Trust Property determined in accordance with Annexure “C”. The remuneration shall begin to accrue from the close of Initial Period.
14.2.2 Such remuneration shall be paid to the Trustee in arrears within thirty (30) Business Days after the end of each calendar month.
14.2.3 In consideration of the foregoing and save as aforesaid the Trustee shall be responsible for the payment of all expenses incurred by the Trustee from time to time in connection with its duties as Trustee of the Trust. The Trustee shall not make any charge against the Holders or against the Trust Property or against the Distribution Account for their services or for their expenses, except such expenses as are expressly authorized to be paid out of the Trust Property under the provisions of the Regulations and the Constitutive Documents.
14.2.4 Any increase in the remuneration of the Trustee agreed to by the Management Company shall require the approval of the Commission. However, any decrease in remuneration of the Trustee shall not require such approval.
Remuneration of Trustee and Its Agents. 13.2.1 The Trustee shall be entitled to a monthly remuneration out of the Trust Property as shown in Annexure – ‘C’. Trustee remuneration shall consist of remuneration as provided in the annexure and reimbursement of actual charges. The Calculation for remuneration shall be based on average daily Net Asset during such calendar month. The remuneration shall begin to accrue from the close of the Initial Offer. For any period other than a full calendar month such remuneration will be prorated on the basis of the actual number of days for which such remuneration has accrued in the calendar month.
13.2.2 Such remuneration shall be paid to the Trustee in arrears within Ten (10) Business Days after the end of each calendar month.
13.2.3 In consideration of the foregoing and save as aforesaid the Trustee shall be responsible for the payment of all expenses incurred by the Trustee from time to time in connection with its duties as Trustee of the Trust. The Trustee shall not make any charge against the Unit Holders or against the Trust Property or against the Distribution Account for its service or for its expenses, except as are expressly authorized to be payable out of the Trust Property under the provisions of the Rules and the Deed.
13.2.4 The Trustee shall bear all expenditures in respect of their secretarial and office space and professional management, services provided in accordance with the provisions of this Deed. Any increase in the remuneration of the Trustee agreed to by the Management Company shall require the approval of the Commission. The Trustee shall however not make any further material charge against the Unit Holder(s) nor against the Trust Property nor against the Distribution Account for its services nor for expenses, except such expenses or fees as are expressly authorized under the provisions of the Regulations and the Trust Deed to be payable out of Trust Property.
Remuneration of Trustee and Its Agents. 9.3.1 The Trustee shall be entitled to a monthly remuneration out of the Trust Property determined in accordance with Annexure “C”. The remuneration shall begin to accrue following the expiry of the Initial Period. For any period other than a full calendar month such remuneration will be prorated on the basis of the actual number of days for which such remuneration has accrued in proportion to the total number of days in the calendar month concerned.
9.3.2 Such remuneration shall be paid to the Trustee in arrears within thirty (30) Business Days after the end of each calendar month.
9.3.3 In consideration of the foregoing and save as aforesaid and the Trustee shall be responsible for the payment of all expenses incurred by the Trustee from time to time in connection with its duties as Trustee of the Trust. The Trustee shall not make any charge against the Holders or against the Trust Property or against the Distribution Account for their services or for their expenses, except such expenses as are expressly authorized to be paid out of the Trust Property under the provisions of the Regulations and the Constitutive Documents.
9.3.4 Any increase in the remuneration of the Trustee agreed to by the Management Company shall require the approval of the Commission. However, any decrease in remuneration of the Trustee shall not require such approval.
Remuneration of Trustee and Its Agents. [The Trustee shall be entitled to a monthly remuneration out of the Trust Property determined in accordance with charges mentioned in “annexure D”.] The remuneration shall begin to accrue from the close of the initial offer period. For any period other than a full calendar month such remuneration shall be pro-rated on the same basis as mentioned in 7.1.2 above.]
Remuneration of Trustee and Its Agents. (a) The Trustee shall be entitled to an annual remuneration not exceeding 0.6% of the Net Operating Income which shall be paid quarterly in arrears and shall be chargeable as an expense to the REIT Scheme.
(b) In consideration of the foregoing and save as aforesaid, the Trustee shall be responsible for the payment of all expenses incurred by the Trustee from time to time in connection with its duties as Trustee of the Trust. The Trustee shall not make any charge against the REIT Assets or against the Distribution Account for its services or for its expenses, except as are expressly authorized under the provisions of the Regulations and this Deed to be payable out of REIT Assets.
(c) The Trustee shall bear all expenditures in respect of its secretarial and office space and professional management, including all accounting and administrative services provided in accordance with the provisions of this Deed.
Remuneration of Trustee and Its Agents. 15.2.1 The Trustee shall be entitled to a monthly remuneration out of the Trust Property determined in accordance with Annexure E. The remuneration shall begin to accrue from the Effective Date.
15.2.2 Such remuneration shall be paid to the Trustee in arrears within thirty
Remuneration of Trustee and Its Agents. 7.2.1 The Trustee shall be entitled to a monthly remuneration out of the Trust Property determined in accordance with charges mentioned in “annexure D”. The remuneration shall begin to accrue from the date of payment in full of all Units subscribed for by the Core Investors. For any period other than a full calendar month such remuneration shall be pro-rated on the same basis as mentioned in 7.1.2 above.
7.2.2 Such remuneration shall be paid to the Trustee in arrears within fifteen (15) Calendar Days after the end of each calendar month.
7.2.3 In consideration of the foregoing and save as aforesaid, the Trustee shall be responsible for the payment of all expenses incurred by the Trustee from time to time in connection with their duties as Trustee of the Trust. The Trustee shall not make any charge against the Unit Holders or against the Trust Property or against the Redemption Account for their services or for their expenses, except such expenses as are expressly authorised to be paid out of the Trust Property under the provisions of the Rules and the Constitutive Documents.
7.2.4 The Trustee shall bear all expenditures in respect of their secretarial and office space and professional management, including all accounting and administrative services provided in accordance with the provisions of this Deed.
Remuneration of Trustee and Its Agents. [The Trustee remuneration shall consists of reimbursement of actual custodial expenses/charges (excluding book entry custody fee which is waived) plus the following tariff:
Remuneration of Trustee and Its Agents. [The Trustee remuneration shall consists of reimbursement of actual custodial expenses/charges (excluding book entry custody fee which is waived) plus the following tariff: Up to Rupees one billion Rupees 0.7 million or 0.20% p.a of NAV, whichever is higher Exceeding Rupees one billion Rupees 2.0 million plus 0.10% of NAV exceeding Rupees 1,000 million The Calculation for remuneration shall be based on average daily or weekly Net Assets during such calendar month. The remuneration shall begin to accrue from the date of payment in full of all Units subscribed by the Core Investors. For any period other than a full calendar month such remuneration will be prorated on the basis of the actual number of days for which such remuneration has accrued for the total number of days in the calendar month concerned.
Remuneration of Trustee and Its Agents. (a) The Trustee shall be entitled to an annual remuneration not exceeding 0.6% of the Net Operating Income which shall be paid quarterly in arrears and shall be chargeable as an expense to the REIT Scheme.
(b) In consideration of the foregoing and save as aforesaid, the Trustee shall be responsible for the payment of all expenses incurred by the Trustee from time to time in connection with its duties as Trustee of the Trust. The Trustee shall not make any charge against the REIT Assets or against the Distribution Account for its services or for its expenses, except as are expressly authorized under the provisions of the Regulations and this Deed to be payable out of REIT Assets.
(c) The Trustee shall bear all expenditures in respect of its secretarial and office space and professional management, including all accounting and administrative services provided in accordance with the provisions of this Deed.
