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however, that the amount of Ordinary Trustee’s Fees and Expenses payable under the Indenture is limited to money withdrawn from the Expense Fund, and the Borrower is responsible to pay the remaining amount pursuant to the Loan Agreement.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 (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 December 31, 2017, shall be made on the 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.

Examples of Ordinary Trustee in a sentence

The Board meets at least four times a year at Ordinary Trustee Meetings.
Oversee implementation of strategies to deploy loan capital that align with the Genesis Fund’s mission and goals, and, when necessary, meets the specific requirements of capital providers such as the US Treasury Department, the Federal Home Loan Bank of Boston and the USDA, as well as private foundations and investors.
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.
In terms of the Club Constitution and Rules one or more Ordinary Trustee Member could be appointed to the Board of Trustees who retire each year but are available for re-election.
Two Founder Member Trustees and three Ordinary Trustee Members presided on the Board.

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 fee is equal to (and shall not exceed) $ and shall be payable annually in advance on the Delivery Date and each November 1 thereafter commencing November 1, 2009.

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 means the Ordinary Trustees referred to in Article 10.1.5;

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 (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 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 those fees, expenses and disbursements for the Ordinary Services and the Ordinary Expenses of the Trustee and Paying Agent incurred in connection with their duties under the Indenture payable annually in advance on each December 1 beginning on December 1, 2015 in an amount not to exceed $5,500 per annum.