Remuneration of Trustee and Its Agents Sample Clauses

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.
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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.
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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.
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Remuneration of Trustee and Its Agents. 13.2.1 The Trustee shall be entitled to a monthly remuneration out of the Trust Property determined in accordance with Exhibit “C”. The remuneration shall begin to accrue 65 Substituted vide 1st Supplemental Trust Deed dated September 30, 2010. The substituted clause (Sub Clause 13.1.3) read as follows; “The remuneration due to the Management Company shall be paid in arrears within 15 (fifteen) Business Days after the close of each calendar month after the receipt of invoice by the Trustee, provided that the Management Company may on monthly basis draw in advance out of accrued remuneration a sum that the Trustee shall consider reasonable. The Management Company shall be entitled to draw remuneration permissible under the Regulations.” following the expiry of the Initial Period. For any period other than a full calendar month such remuneration will be pro-rated 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.
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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.
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Remuneration of Trustee and Its Agents. 8.1 50[The Trustee remuneration shall consists of reimbursement of actual custodial expenses/charges (excluding book entry custody fee which is waived) plus the following tariff: Net Assets 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.
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Remuneration of Trustee and Its Agents. 8.1 59[The Trustee remuneration shall consists of reimbursement of actual custodial expenses/charges (excluding book entry custody fee which is waived) plus the following tariff: Net Assets Tariff
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Related to Remuneration of Trustee and Its Agents

  • Duties of Rights Agent The Rights Agent undertakes the duties and obligations imposed by this Agreement upon the following terms and conditions, by all of which the Company and the holders of Rights Certificates, by their acceptance thereof, shall be bound:

  • Administrative Duties 94 SECTION 12.2 Records.....................................................................97 SECTION 12.3 Additional Information to be Furnished to the Issuer........................97

  • General Responsibilities of the Parties 1. The Parties will work together in a spirit of cooperation and partnership, with the responsibilities and accountabilities set out in this Agreement, to implement the Programme Documents in full in a timely, efficient, and effective, manner.

  • Duties of Trustee (a) If an Event of Default has occurred and is continuing, the Trustee will exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.

  • Duties of City CITY shall provide pertinent information regarding its requirements for the project. CITY shall examine documents submitted by CONSULTANT and shall render decisions pertaining thereto promptly, to avoid unreasonable delay in the progress of CONSULTANT'S work.

  • Extra Duties The Trustee shall be entitled to refuse to approve any Substituted Obligor if, pursuant to the law of the jurisdiction of incorporation of the Substituted Obligor, the assumption by the Substituted Obligor of its obligations hereunder imposes responsibilities on the Trustee over and above those which have been assumed under this Trust Deed.

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