Common use of Trustee's Fees Clause in Contracts

Trustee's Fees. (a) As compensation for its services hereunder, the Trustee shall be entitled to the Trustee Fee. The Trustee Fee shall be paid by the Depositor and not from Trust Property. The Trustee shall bear all Ordinary Expenses. Failure by the Depositor to pay such amount shall not entitle the Trustee to any payment or reimbursement from the Trust, nor shall such failure release the Trustee from the duties it is required to perform under the Trust Agreement.

Appears in 53 contracts

Samples: Warrant Agent Agreement (Lehman Abs Corp), Warrant Agent Agreement (Lehman Abs Corp), Warrant Agent Agreement (Lehman Abs Corp)

AutoNDA by SimpleDocs

Trustee's Fees. (a) As compensation for its services hereunder, the Trustee shall be entitled to the Trustee FeeFee as agreed to separately in a fee agreement among the Depositor and the Trustee. The Trustee Fee shall be paid by the Depositor and not from Trust Property. The Trustee shall bear all Ordinary Expenses. Failure by the Depositor to pay such amount shall not entitle the Trustee to any payment or reimbursement from the Trust, nor shall such failure release the Trustee from the duties it is required to perform under the Trust Agreement.

Appears in 8 contracts

Samples: Series Supplement (Bear Stearns Depositor Inc), Series Supplement (Bear Stearns Depositor Inc), Series Supplement (Bear Stearns Depositor Inc)

Trustee's Fees. (a) ). As compensation for its services hereunder, the Trustee shall be entitled to the Trustee Fee. The Trustee Fee shall be paid by the Depositor and not from Trust Property. The Trustee shall bear all Ordinary Expenses. Failure by the Depositor to pay such amount shall not entitle the Trustee to any payment or reimbursement from the Trust, nor shall such failure release the Trustee from the duties it is required to perform under the Trust Agreement.

Appears in 2 contracts

Samples: Lehman Abs Corp, Lehman Abs Corp

AutoNDA by SimpleDocs

Trustee's Fees. (a) 1. As compensation for its services hereunder, the Trustee shall be entitled to the Trustee Fee. The Trustee Fee shall be paid by the Depositor and not from Trust Property. The Trustee shall bear all Ordinary Expenses. Failure by the Depositor to pay such amount shall not entitle the Trustee to any payment or reimbursement from the Trust, nor shall such failure release the Trustee from the duties it is required to perform under the Trust Agreement.

Appears in 2 contracts

Samples: Lehman Abs Corp, Lehman Abs Corp

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!