Common use of Remuneration of Trustee and Its Agents Clause in Contracts

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. 13.2.1 9.2.1 The Trustee shall be entitled to a monthly remuneration out of the Trust Property as shown determined in Annexure – ‘accordance with Exhibit “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 following the close expiry of the Initial OfferPeriod. 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 monthmonth concerned. 13.2.2 9.2.2 Such remuneration shall be paid to the Trustee in arrears within Ten thirty (1030) Business Days after the end of each calendar month. 13.2.3 9.2.3 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 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 Distribution Distribution/Redemption Account for its service their services or for its their expenses, except such expenses as are expressly authorized to be payable paid out of the Trust Property under the provisions of the Rules 1or Regulations and the DeedConstitutive Documents. 13.2.4 9.2.4 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 Trust Deed. 1 9.2.5 Any increase in the remuneration of the Trustee agreed to by the Management Company shall require the approval of the Commission. . 9.2.6 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 Rules 1or Regulations and the Trust Deed to be payable out of Trust Property.

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 determined in Annexure – ‘accordance with Exhibit “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 65 Substituted vide 1st Supplemental Trust Deed dated September 30, 2010. The substituted clause (Sub Clause 13.1.3) read as follows; following the close expiry of the Initial OfferPeriod. For any period other than a full calendar month such remuneration will be prorated 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 monthmonth concerned. 13.2.2 Such remuneration shall be paid to the Trustee in arrears within Ten fifteen (1015) Business Days after the end of each calendar monthmonth after the receipt of invoice from the Trustee. 13.2.3 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 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 Distribution Distribution/ Redemption Account for its service their services or for its their expenses, except such expenses as are expressly authorized authorised to be payable paid out of the Trust Property under the provisions of the Rules Regulations and the DeedConstitutive Documents. 13.2.4 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. Trust Deed and the Regulations. 13.2.5 Any increase in the remuneration of the Trustee agreed to by the Management Company shall require the approval of the Commission. . 13.2.6 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 authorised under the provisions of the Regulations and the Trust Deed to be payable out of Trust Property.

Remuneration of Trustee and Its Agents. 13.2.1 9.2.1 The Trustee shall be entitled to a monthly remuneration out of the Trust Property as shown determined in accordance with 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 following the close expiry of the Initial OfferPeriod. 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 monthmonth concerned. 13.2.2 9.2.2 Such remuneration shall be paid to the Trustee in arrears within Ten thirty (1030) Business Days after the end of each calendar month. 13.2.3 9.2.3 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 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 Distribution Distribution/Redemption Account for its service their services or for its their expenses, except such expenses as are expressly authorized to be payable paid out of the Trust Property under the provisions of the Rules or Regulations1 and the DeedConstitutive Documents. 13.2.4 9.2.4 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 Trust Deed. . 9.2.5 Any increase in the remuneration of the Trustee agreed to by the Management Company shall require the approval of the Commission. . 9.2.6 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 Rules or Regulations1 and the Trust Deed to be payable out of Trust Property.