Ordinary Fees and Expenses definition

Ordinary Fees and Expenses means the fees and expenses charged or incurred by the Trustee in the fulfillment of its obligations hereunder which are reimbursable to the Trustee from the Trust Estate, plus its indirect out-of-pocket expenses.

Ordinary Fees and Expenses means the fees and expenses charged or incurred by the Trustee in the fulfillment of its obligations hereunder which are reimbursable to the Trustee from the Trust Estate, including (i) an annual fee of no less than $[3,500] to be billed in advance; provided that the fee for the first year shall be paid on the Closing Date; and (ii) from time to time all reasonable expenses, charges, counsel fees and other disbursements, including those of its attorneys, agents, and employees, incurred in and about the performance of their powers and duties under this Indenture.

Ordinary Fees and Expenses has the meaning assigned to that term in the Indenture

Examples of Ordinary Fees and Expenses in a sentence

• Subject to the provisions of Section 7.09 hereof, the Fiscal Agent agrees that it shall continue to perform its duties hereunder and under the Financing Documents even in the event that money designated for payment of its fees shall be insufficient for such purposes or in the event that the Borrower fails to pay the Fiscal Agent’s Ordinary Fees and Expenses or, if applicable, the Fiscal Agent’s Extraordinary Fees and Expenses as required by the Project Loan Agreement.

• Fiscal Agent shall be entitled to its Fiscal Agent’s Ordinary Fees and Expenses in connection with the services rendered by it in the execution of the trusts hereby created and in the exercise and performance of any of the powers and duties of Fiscal Agent hereunder or under any Financing Document to the extent money is available therefor, in accordance with Section 4.06 hereof, exclusive of Extraordinary Services.

• If this happens, the Professional Client must pay Ordinary Fees and Expenses immediately upon termination and in full; if the Lay Client goes on to Win the Claim, the Professional Client must also pay a Success Fee.

• Subject to the provisions of Section 7.08 hereof, Fiscal Agent agrees that it shall continue to perform its duties hereunder and under the Financing Documents even in the event that money designated for payment of its fees shall be insufficient for such purposes or in the event that Borrower fails to pay the Fiscal Agent’s Ordinary Fees and Expenses or, if applicable, the Fiscal Agent’s Extraordinary Fees and Expenses as required by the Project Loan Agreement.

• Such costs and expenses shall be paid by Borrower in addition to the Issuer’s Fees and Trustee’s Ordinary Fees and Expenses, which Borrower shall pay as and when required by the Indenture and this Agreement.

More Definitions of Ordinary Fees and Expenses

Ordinary Fees and Expenses has the meaning assigned to that term in the Indenture. “Parking Garage” means parking garage located on the Affordable Tract and being a part of the Affordable Master Unit. The Parking Garage is itself a common element of the Affordable Tract Sub-Unit Condo Unit under the terms of the Affordable Tract Condo Sub-Unit Declaration.

Ordinary Fees and Expenses has the meaning assigned to that term in the Indenture. “Patriot Act” has the meaning assigned to that term in Section 5.24.

Ordinary Fees and Expenses means regularly scheduled fees for services as Trustee under the Indenture and the Trustee’s out-of-pocket expenses, incurred in performing such regularly scheduled services as set forth in Section 12.4 of the Indenture.

Ordinary Fees and Expenses means the fees and expenses charged or incurred by the Trustee in the fulfillment of its obligations hereunder which are reimbursable to the Trustee from the Trust Estate in an aggregate annual amount equal to [ ]% of the outstanding principal amount of the Bond (with a minimum fee of $[ ] per year), payable in arrears on each Semi-annual Payment Date, commencing [June 1, 2012].

Ordinary Fees and Expenses means the fees and expenses charged or incurred by the Trustee in the fulfillment of its obligations hereunder, which are reimbursable to the Trustee from the Trust Estate, plus its indirect out-of-pocket expenses.

Ordinary Fees and Expenses means those fees, expenses and disbursements payable to the Trustee in the fulfillment of its obligations hereunder which are reimbursable to the Trustee as described in Section 9.02 hereof (exclusive of Extraordinary Fees and Expenses) which shall be payable annually in arrears on each [ ] 1, commencing [ ] 1, 2016 in an amount equal to [ ]% of: (i) prior to the Permanent Loan Commencement Date the maximum principal amount of the Bond issuable under the Indenture; and (ii) on and after the Permanent Loan Commencement Date, the outstanding principal amount of the Bond, with a minimum annual amount of $[ ].

Ordinary Fees and Expenses means, collectively, (i) those fees, expenses and disbursements payable to the Trustee as described under Section 8.06 hereof (exclusive of Extraordinary Trustee’s Fees and Expenses), that are payable on the Closing Date in anamount not to exceed $4,000.00 and semi-annually in arrears thereafter commencing on September 1, 2017, in an amount equal to the greater of 0.40% of the then-outstanding principal amount of the Bonds and $1,200.00, and (ii) the Issuer Administration Fee.