Indenture Trustee Expense Amount definition
Indenture Trustee Expense Amount. As defined in Section 5.03(b) of this Agreement.
Indenture Trustee Expense Amount. Means, any costs, expenses or liabilities reimbursable to the Indenture Trustee to the extent provided in the Indenture; provided, however, such reimbursable amounts may not exceed $[_________] on any Payment Date or $[_________] during any Anniversary Year. In the event that the Indenture Trustee incurs reimbursable amounts in excess of $[_________], it may seek reimbursement for such amounts in subsequent Anniversary Years, but in no event shall more than $[_________] be reimbursed to the Indenture Trustee per Anniversary Year.
Indenture Trustee Expense Amount. Means, any costs, expenses or liabilities reimbursable to the Indenture Trustee to the extent provided in the Indenture; provided, however, such reimbursable amounts may not exceed $20,000 on any Payment Date or $150,000 during any Anniversary Year (excluding, for this purpose, costs and expenses of the indenture trustee incurred in connection with any transfer of servicing following a default by the Servicer). In the event that the Indenture Trustee incurs reimbursable amounts in excess of $150,000, it may seek reimbursement for such amounts in subsequent Anniversary Years, but (subject to the immediately preceding sentence) in no event shall more than $150,000 be reimbursed to the Indenture Trustee per Anniversary Year.