Common use of Security Trustee's Fees and Expenses Clause in Contracts

Security Trustee's Fees and Expenses. The Trustee will: (a) (Pay a fee): pay to the Security Trustee the fee agreed by the Trustee, the Manager and the Security Trustee from time to time provided that each Rating Agency will be given 3 Business Days' prior notice by the Manager of any variation of the Security Trustee's Fee and the Security Trustee's Fee will not be varied if such variation would result in a reduction, qualification or withdrawal of any then current credit rating of any Security; and (b) (Reimburse): reimburse the Security Trustee its costs and expenses incurred in performing its duties under the Security Trust Deed calculated in accordance with the Security Trust Deed. The fees, costs and expenses referred to in paragraphs (a) and (b) of this clause will be paid or reimbursed, as the case may be, in accordance with this Deed on the Monthly Distribution Date following the monthly Accrual Period to which such fees, costs and expenses were earned or incurred, as the case may be.

Security Trustee's Fees and Expenses. The Trustee will: (a) (Pay a fee): pay to the Security Trustee the fee agreed by the Trustee, the Manager and the Security Trustee from time to time provided that each Rating Agency will be given 3 Business Days' prior notice by the Manager of any variation of the Security Trustee's Fee and the Security Trustee's Fee will not be varied if such variation would result in a reduction, qualification or withdrawal of any then current credit rating of any Security; and (b) (Reimburse): reimburse the Security Trustee its costs and expenses incurred in performing its duties under the Security Trust Deed calculated in accordance with the Security Trust Deed. The fees, costs and expenses referred to in paragraphs (a) and (b) of this clause will be paid or reimbursed, as the case may be, in accordance with this Deed on the Monthly Distribution Date following the monthly Accrual Period to which such fees, costs and expenses were earned or incurred, as the case may be.

Security Trustee's Fees and Expenses. The Trustee will: (a) (Pay a feePAY A FEE): pay to the Security Trustee the fee agreed by the Trustee, the Manager and the Security Trustee from time to time provided that each Rating Agency will be given 3 Business Days' prior notice by the Manager of any variation of the Security Trustee's Fee and the Security Trustee's Fee will not be varied if such variation would result in a reduction, qualification or withdrawal of any then current credit rating of any Security; and (b) (ReimburseREIMBURSE): reimburse the Security Trustee its costs and expenses incurred in performing its duties under the Security Trust Deed calculated in accordance with the Security Trust Deed. The fees, costs and expenses referred to in paragraphs (a) and (b) of this clause will be paid or reimbursed, as the case may be, in accordance with this Deed on the Monthly Distribution Date following the monthly Accrual Period to which such fees, costs and expenses were earned or incurred, as the case may be.