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

To Pay Trustee’s Remuneration. 5.4.1 The Issuer covenants that it will pay to the Trustee reasonable remuneration for its services as Trustee hereunder and will pay all costs, charges and expenses properly incurred by the Trustee in connection with the trusts hereof (including reasonable legal fees and disbursements), on demand by the Trustee. 5.4.2 Any amount due under this section 5.4 and unpaid 30 days after demand for such payment shall bear interest at the rate normally charged by the Trustee. After default, all amounts so payable and the interest thereon shall be payable out of any funds coming into possession of the Trustee in priority to any payment of the principal of and interest on the Trust Notes.

To Pay Trustee’s Remuneration. 5.4.1 5.4.1. The Issuer covenants that it will pay to the Trustee reasonable remuneration for its services as Trustee hereunder and will pay all costs, charges and expenses properly incurred by the Trustee in connection with the trusts hereof (including reasonable legal fees and disbursements), on demand by the Trustee. 5.4.2 5.4.2. Any amount due under this section Section 5.4 and unpaid 30 days after demand for such payment shall bear interest at the rate normally charged by the Trustee. After default, all amounts so payable and the interest thereon shall be payable out of any funds coming into possession of the Trustee in priority to any payment of the principal of and interest on the Trust Notes.