Ordinary Services definition

Ordinary Services and "Ordinary Expenses" means those services normally rendered and those expenses including fees and expenses of Counsel, normally incurred by a trustee or paying agent under instruments similar to the Indenture and the Tax Agreement.

Ordinary Services and "Ordinary Expenses" means those services normally rendered, and those expenses normally incurred, by a trustee under instruments similar to this Indenture.

Ordinary Services and “Ordinary Expenses” means those services normally rendered and those expenses normally incurred by a Person in the capacity of a trustee under instruments similar to this Indenture and for which no payment over and above any agreed payment schedule from the Issuer or the Lessee to the Trustee is required.

Examples of Ordinary Services in a sentence

• The Company may, without constituting grounds for an Event of Default hereunder, withhold payment of any fees for Ordinary Services and Extraordinary Services and Ordinary Expenses and Extraordinary Expenses to contest in good faith the necessity of the same or to contest in good faith the necessity for any services performed and expenses paid or incurred by any Paying Agent.

• For purposes hereof, fees for Ordinary Services provided for by their respective standard fee schedule shall be considered reasonable.

• For purposes hereof, fees for Ordinary Services provided for in the standard fee schedule (if any) of each Fiduciary shall be considered reasonable.

• For purposes hereof, fees for Ordinary Services provided for by their respective standard fee schedules shall be considered reasonable.

• As regards the Relevant Property Management Services and the Other Ordinary Services, such services will be provided in the ordinary and usual course of business of the Group on terms no less favourable than those offered to independent third parties for similar services.

More Definitions of Ordinary Services

Ordinary Services and "Ordinary Expenses" mean those services normally rendered, and those expenses normally incurred, by a trustee under instruments similar to this Indenture. Without limiting the generality of this definition, Ordinary Services and Ordinary Expenses shall include, without limitation, services provided to the Trustee in connection with the redemption of Bonds as provided in Article IV of this Indenture and in connection with any meetings of Holders of the Bonds as provided in Article XII of this Indenture.

Ordinary Services and "Ordinary Expenses" means those services normally rendered and those expenses normally incurred by a trustee or paying agent under instruments similar to the Indenture, including reasonable fees and disbursements of counsel to the Trustee.

Ordinary Services and "Ordinary Expenses" mean those services ----------------- ----------------- normally rendered and those expenses normally incurred by a trustee under instruments comparable to the Indenture, including but not limited to fees of its counsel.

Ordinary Services or “Ordinary Expenses” means those standard and customary services normally rendered, and those reasonable expenses normally incurred, by a trustee under instruments similar to the Bond Indenture and the Bond Financing Agreement.

Ordinary Services and "ORDINARY EXPENSES" means those services normally rendered and those expenses normally incurred by a trustee under instruments similar to the Indenture;

Ordinary Services and "Ordinary Expenses" means those services normally rendered and those expenses normally incurred by a trustee under instruments similar to the Indenture prior to the occurrence of an event of default, including without limitation, fees and expenses of the Trustee as paying agent and bond registrar, and as custodian of the Project Fund and the Debt Service Fund under the Indenture. "Outstanding", when used with reference to a Bond or Bonds, as of any particular date, means all Bonds which have been authenticated and delivered under the Indenture, except:

Ordinary Services and "Ordinary Expenses" means those services normally rendered and those expenses normally incurred, by a trustee under instruments similar to this Supplemental Indenture No. 35, but not those services (other than a drawing on a Letter of Credit) rendered and those expenses incurred following the occurrence and during the continuation of an Event of Default under Section 7.01 of the Subordinate Indenture.