Common use of Trustee's Right to Reimbursement Clause in Contracts

Trustee's Right to Reimbursement. Each Beneficiary agrees to reimburse the Trustee within thirty (30) days of receipt of a written request for reasonable expenses and charges authorized under Section 6.03 upon demand therefor pro rata to such Beneficiary's Trust Shares. Notwithstanding the foregoing, the Trustee shall have no duty to advance its own moneys in connection with the administration of this Agreement.

Appears in 7 contracts

Samples: Voting Trust Agreement, Voting Trust Agreement, Trust Agreement (Molson Coors Brewing Co)

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