Ordinary Trustee definition

Ordinary Trustee s Fees and Expenses” means the annual administration fee for the Trustee’s ordinary fees and expenses in rendering its services under this Supplemental Indenture as Trustee during each twelve month period, which fee is equal to (and shall not exceed) $2,875 and shall be payable annually in advance on the Delivery Date and each April 1 thereafter.
Ordinary Trustee s Fees and Expenses” means the amount due to the Trustee for the Ordinary Services and the Ordinary Expenses (each as defined in the Indenture) of the Trustee incurred in its duties under the Indenture; provided, however, that the amount of Ordinary Trustee’s Fees and Expenses payable under the Indenture is limited to money withdrawn from the Expense Fund, and the Borrower is responsible to pay the remaining amount pursuant to the Loan Agreement.
Ordinary Trustee s Fees and Expenses” means the annual administration fee for the Trustee’s ordinary fees and expenses in rendering its services under this Supplemental Indenture as Trustee during each twelve month period, which fee is equal to (and shall not exceed) $2,875 and shall be payable annually in advance on the Delivery Date and each December 1 thereafter.

Examples of Ordinary Trustee in a sentence

  • The Board meets at least four times a year at Ordinary Trustee Meetings.

  • Ordinary Trustee Fees and Expenses and Extraordinary Fees and Expenses of the Trustee are intended to constitute administrative expenses in bankruptcy.

  • The Borrower is required under the Loan Agreement to pay to the Trustee its Ordinary Trustee Fees and Expenses and any Extraordinary Trustee Fees and Expenses.

  • Notice of Ordinary Trustee vacancies shall be sent to all members, at least six months in advance of the ordinary General Assembly in which elections are proposed to take place.

  • Any proposals for Ordinary Trustee candidacy shall be made available to voting members.


More Definitions of Ordinary Trustee

Ordinary Trustee s Fees and Expenses” means (a) the annual administration fee, which fee is equal to an annual payment of $3,000, payable on a semiannual basis in equal installments on each January 1 and July 1 in advance (except that the first payment, accrued through June 30, 2016, shall be made on Closing Date) and (b) the Trustee’s reasonable ordinary fees and expenses (including the fees and expenses of the Trustee when acting as paying agent, authentication agent and Registrar) in rendering its services under the Indenture and the Loan Agreement during each semiannual period billed in arrears, in accordance with the agreement dated as of April 25, 2013 between the Trustee and the Issuer.
Ordinary Trustee s Fees and Expenses” means the annual administration fee for the Trustee’s ordinary fees and expenses in rendering its services under this Indenture as Trustee during each twelve month period, which is equal to (and shall be payable semiannually [in arrears on] [in advance] on the Delivery Date and each February 1 and August 1 thereafter commencing February 1, 2011.
Ordinary Trustee s Fees and Expenses” means those fees, expenses and disbursements for the Ordinary Services and the Ordinary Expenses of the Trustee and Paying Agent incurred in connection with its duties under the Indenture payable on each Interest Payment Date, beginning July 1, 2014.
Ordinary Trustee s Fees and Expenses" means the annual administration fee for the Trustee's ordinary fees and expenses in rendering its services under the Indenture as Trustee during each twelve month period, which fee is equal to the amount set forth in the Indenture and shall be payable on the dates set forth in the Indenture.
Ordinary Trustee s Fees and Expenses” means the annual administration fee for the Trustee’s ordinary fees and expenses in rendering its services under the Indenture as Trustee during each twelve month period, which fee is equal to (and will not exceed) $4,500 and will be payable annually in advance on the Delivery Date and each July 1 thereafter commencing July 1, 2010.
Ordinary Trustee means the Ordinary Trustees referred to in Article 10.1.5;
Ordinary Trustee s Fees and Expenses” means the annual administration fee for the Trustee’s ordinary fees and expenses in rendering its services under the Indenture Supplement as Trustee during each twelve month period, which fee is equal to (and shall not exceed) $2,875 and shall be payable annually in advance on the Release Date and each April 1 thereafter, commencing April 1, 2010.