Common use of To Pay Trustee’s Remuneration Clause in Contracts

To Pay Trustee’s Remuneration. The Corporation will pay the Trustee reasonable remuneration for its services as Trustee hereunder and will repay to the Trustee on demand all monies which shall have been paid by the Trustee in connection with the execution of the trusts hereby created, including the reasonable compensation and disbursements of its counsel and all other assistants and advisors not regularly under its employ, and such monies including the Trustee’s remuneration, shall be payable out of any funds coming into the possession of the Trustee in priority to payment of any principal of the Debentures or interest or premium thereon. Such remuneration shall continue to be payable until the trusts hereof be finally wound up and whether or not the trusts of this Indenture shall be in the course of administration by or under the direction of a court of competent jurisdiction.

Appears in 3 contracts

Samples: Indenture (Organigram Holdings Inc.), Secured Trust Indenture, Secured Trust Indenture

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To Pay Trustee’s Remuneration. The Corporation will pay the Trustee reasonable remuneration for its services as Trustee trustee hereunder and will repay to the Trustee on demand all monies reasonable expenses, disbursements and advances which shall have been incurred, made or paid by the Trustee in connection with and about the execution of the trusts hereby created, including except any such expense, disbursement or advance as may arise from the reasonable compensation and disbursements of its counsel and all other assistants and advisors not regularly under its employTrustee’s negligence or bad faith, and such monies including the Trustee’s remuneration, moneys shall be payable out of any funds coming into the possession of the Trustee in priority to payment of any principal of the Debentures or interest or premium thereon. Such The said remuneration shall continue to be payable until the trusts hereof be finally wound up and fully performed and whether or not the trusts of this Indenture shall be in the course of administration by or under the direction of a court of competent jurisdictioncourt.

Appears in 2 contracts

Samples: Trust Indenture (American Honda Finance Corp), Trust Indenture (American Honda Finance Corp)

To Pay Trustee’s Remuneration. The Corporation will pay the Trustee reasonable remuneration for its services as Trustee hereunder and will repay to the Trustee on demand all monies which shall have been paid by the Trustee in connection with the execution of the trusts hereby created, including the reasonable compensation and disbursements of its counsel and all other assistants and advisors not regularly under its employ, and such monies including the Trustee’s remuneration, shall be payable out of any funds coming into the possession of the Trustee in priority to payment of any principal of the Debentures or interest or premium premium, if any, thereon. Such remuneration shall continue to be payable until the trusts hereof be finally wound up and whether or not the trusts of this Indenture shall be in the course of administration by or under the direction of a court of competent jurisdiction.

Appears in 1 contract

Samples: Indenture (HEXO Corp.)

To Pay Trustee’s Remuneration. The Corporation will pay the Trustee reasonable remuneration for its services as Trustee hereunder and will repay to the Trustee on demand all monies which shall have been paid by the Trustee in connection with the execution of the trusts hereby created, including the reasonable compensation and disbursements of its counsel and all other assistants and advisors not regularly under its employ, and such monies including the Trustee’s 's remuneration, shall be payable out of any funds coming into the possession of the Trustee in priority to payment of any principal of the Debentures or interest or premium thereon. Such remuneration shall continue to be payable until the trusts hereof be finally wound up and whether or not the trusts of this Indenture shall be in the course of administration by or under the direction of a court of competent jurisdiction.

Appears in 1 contract

Samples: Secured Trust Indenture

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To Pay Trustee’s Remuneration. The Corporation will pay the Trustee reasonable remuneration for its services as Trustee hereunder and will repay to the Trustee on demand all monies which shall have been paid by the Trustee in connection with the execution of the trusts hereby created, created (including the reasonable compensation and disbursements of its counsel Counsel and all other assistants and advisors not regularly under in its employ, ) and such monies including the Trustee’s remuneration, shall be payable out of any funds coming into the possession of the Trustee in priority to payment of any principal of the Debentures or interest or premium thereon. Such remuneration shall continue to be payable until the trusts hereof be finally wound up and whether or not the trusts of this Indenture shall be in the course of administration by or under the direction of a court of competent jurisdiction.

Appears in 1 contract

Samples: Indenture (Vision Marine Technologies Inc.)

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