Common use of Trustee Compensation Clause in Contracts

Trustee Compensation. Grantor shall pay the Trustee any necessary fees for services rendered. Where the Grantor is no longer in existence, the Trustee is authorized to charge against the Trust its published Trust fee schedule in effect at the time services are rendered. However, all Trustee compensation charged against the Trust shall be paid from trust income, unless the Agency authorizes in writing payment from the trust principal.

Appears in 16 contracts

Samples: Mitigation Bank Standby Trust Fund Agreement, Mitigation Bank Standby Trust Fund Agreement, Mitigation Bank Standby Trust Fund Agreement

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Trustee Compensation. Grantor shall pay the Trustee any necessary fees for services rendered. Where the Grantor is no longer in existence, the Trustee is authorized to charge against the Trust its published Trust fee schedule in effect at the time services are rendered. However, all Trustee compensation charged against the Trust shall be paid only from trust income, income unless the Agency authorizes in writing payment from the trust principalprincipal in writing.

Appears in 16 contracts

Samples: Trust Fund Agreement, Mitigation Bank Trust Fund Agreement, Trust Fund Agreement

Trustee Compensation. Grantor shall pay the Trustee any necessary fees for services rendered. Where the Grantor is no longer in existence, the Trustee is authorized to charge against the Trust its published Trust fee schedule in effect at the time services are rendered. However, all Trustee compensation charged against the Trust shall be paid from trust income, income unless the Agency District authorizes in writing payment from the trust principalprincipal in writing.

Appears in 8 contracts

Samples: Mitigation Bank Trust Fund Agreement, Mitigation Bank Standby Trust Fund Agreement, Mitigation Bank Standby Trust Fund Agreement

Trustee Compensation. Grantor shall pay the Trustee any necessary fees for services rendered. Where the Grantor is no longer in existence, the Trustee is authorized to charge against the Trust its published Trust fee schedule in effect at the time services are rendered. However, all Trustee compensation charged against the Trust shall be paid only from trust income, unless the Agency authorizes in writing payment from the trust principalprincipal in writing.

Appears in 6 contracts

Samples: Mitigation Bank Trust Fund Agreement, Mitigation Bank Trust Fund Agreement, Mitigation Bank Trust Fund Agreement

Trustee Compensation. Grantor shall pay the Trustee any necessary fees for services rendered. Where the Grantor is no longer in existence, the Trustee is authorized to charge against the Trust its published Trust fee schedule in effect at the time services are rendered. However, all Trustee compensation charged against the Trust shall be paid from trust income, income unless the Agency authorizes in writing payment from the trust principalprincipal in writing.

Appears in 4 contracts

Samples: Mitigation Bank Standby Trust Fund Agreement, Mitigation Bank Standby Trust Fund Agreement, Mitigation Bank Standby Trust Fund Agreement

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Trustee Compensation. Grantor shall pay the Trustee any necessary fees for services rendered. Where the Grantor is no longer in existence, the Trustee is authorized to charge against the Trust its published Trust fee schedule in effect at the time services are rendered. However, all Trustee compensation charged against the Trust shall be paid from trust income, unless the Agency District authorizes in writing payment from the trust principalprincipal in writing.

Appears in 3 contracts

Samples: Mitigation Bank Trust Fund Agreement, Mitigation Bank Trust Fund Agreement, Mitigation Bank Trust Fund Agreement

Trustee Compensation. Grantor shall pay the Trustee any necessary fees for services rendered. Where the Grantor is no longer in existence, the Trustee is authorized to charge against the Trust its published Trust fee schedule in effect at the time services are rendered. However, all Trustee compensation charged against the Trust shall be paid from trust income, unless the Agency District authorizes in writing payment from the trust principal.

Appears in 3 contracts

Samples: Mitigation Bank Standby Trust Fund Agreement, Trust Agreement, Mitigation Bank Standby Trust Fund Agreement

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