Trustee’s Remuneration. (A) The Company shall pay to the Trustees remuneration as specified in the offer letter ref ATSL/CO/11-12/3112/93 dated October 12, 2011 (in respect of Bonds aggregating Rs.40 crore represented by the XIth Issue, carrying Fixed Coupon Rate Interest of 10.20% per annum) and offer letter ref ATSL/CO/12-13/1382/62 dated June 28, 2012 (in respect of Bonds aggregating Rs. 120 crore represented by the XIIth Issue, carrying Fixed Coupon Rate Interest of 9.25% per annum) issued by the Trustees and accepted by the company.
Trustee’s Remuneration. (a) Subject to clause 23.3, the Trustee may charge and be paid out of any part of the capital or income of the Trust Fund the remuneration that the Trustee considers to be fair and reasonable. However:
Trustee’s Remuneration. A Trustee may be appointed on such terms as to remuneration whether payable out of the Fund or otherwise as may be agreed from time to time between the Employer and the Trustees and any corporation, company, firm or person to whom payment of remuneration is made under any such agreement may retain that remuneration beneficially. In addition, any firm of which a Trustee is a partner and any corporation in which he is in any way interested is entitled to be paid all proper charges for business transacted, time spent and acts done in connection with the Scheme.
Trustee’s Remuneration. 15.01 Until the trusts hereunder are finally wound up, the Company shall pay to the Trustee for its services as trustee of this Trust Deed, such remuneration as may be agreed upon between the Company and the Trustee, payable annually in
Trustee’s Remuneration. The Company shall pay the Trustee a fee for its services, in accordance with this Deed of Trust, as described below:
Trustee’s Remuneration. The Trustee shall be entitled to charge and be paid and to retain all professional or other proper charges for any business done or time spent or services rendered by it in connection with the trust, powers and provisions of this Deed. The Trustee shall charge a professional fee for its services as will be agreed by the Trustee and the Beneficiary and the fee will be payable on the Commencement Date. Liability of the Trustee The Trustee or any one of their number shall not be liable to the Beneficiary in their capacity as such for any loss arising: Solely from the negligence or fraud of any agent, officer, servant or other person employed by them or otherwise engaged or occupied in connection with the Trust Fund notwithstanding that it may not have been strictly necessary or expedient for any person to be so employed, engaged, occupied; or By reason of any mistake or omission made in good faith by them or any one of them; or By reason of any other matter or thing except their or her own willful fraud or wrongdoing Provided that where the Trustee is in default it shall stand liable for losses incurred and shall indemnify the Beneficiary. The Beneficiary will at all times indemnify and keep indemnified the Trustee against all liabilities which the Trustee may incur by reason of the Shares being so registered in the name of the Trustee and in particular will punctually pay all calls and other demands which the Trustee may be or becomes liable to pay in respect of any shares or securities which may be offered to the Trustee in respect of the shares and which the Trustee may in its discretion subject to matters mentioned below think fit to subscribe and all costs and expenses incurred by the Trustee in the execution of the trusts of this deed.
Trustee’s Remuneration. The Trustee may charge and be paid out of any part of the capital or income of the Trust Fund the remuneration that the Trustee considers to be fair and reasonable. However, the maximum remuneration chargeable by the Trustee in respect of any Financial Year must not exceed an amount equal to the maximum commission chargeable by Trustee companies under the Trustee Companies Act of any state or territory of Australia in respect of that Financial Year.
Trustee’s Remuneration. 14.1 The Issuer shall pay to the Trustee remuneration as mutually agreed with the Trustee, at the time of its appointment on the terms and conditions as specified in the offer letter dated June 27, 2022. Arrears of such remuneration, if any, shall carry interest at the rate as applicable under the Micro, Small and Medium Enterprises Development Act, 2006, as amended from time to time.
Trustee’s Remuneration. A Trustee hereunder may from time to time charge and retain out of the income of the Trust Fund such Trustee's commission as shall be agreed between the Trustee and the Unit Holders and if there is more than one Trustee such commission shall be divided between the Trustees as they determine AND IN ADDITION any Trustee or any firm of which a Trustee is a member and any director officer or shareholder of a Trustee being a corporation being an accountant solicitor or other person engaged in any profession trade or calling shall be entitled to make and be paid from time to time all usual and proper charges for both professional and other services in the administration of the Trust Fund done by the Trustee a firm of which the Trustee is a member or any director officer or shareholder of the Trustee being a corporation including any services which a Trustee not being in any profession trade or calling could have done personally.
Trustee’s Remuneration. 12 10. Indemnity..........................................................................................12 11.
