Trust Cost definition

Trust Cost means (i) the costs, expenses, liabilities and obligations incurred by the Trust and/or the Litigation Trustee in accordance with the Plan or this Litigation Trust Agreement in administering and conducting the affairs of the Trust, and otherwise carrying out the terms of the Trust and the Plan on behalf of the Trust, including without any limitation, any taxes owed by the Trust, the fees and expenses of the Litigation Trustee and professional Persons retained by the Trust or Litigation Trustee in accordance with this Litigation Trust Agreement and the expenses and obligations otherwise defined as Trust Costs in this Litigation Trust Agreement and (ii) the reasonable, documented out-of-pocket costs and expenses incurred by the LTAC Members in the course of performing their advisory role as LTAC Members; provided, however, that Trust Costs shall not include the fees and expenses of any attorneys, advisors, consultants or other professionals retained or employed by the LTAC Members.
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Trust Cost means all costs, expenses, liabilities and obligations incurred by the Trust and Trustee in administering and conducting the affairs of the Trust, and those incurred by the Trust and the Trustee in otherwise carrying out the terms of the Trust and the Plan on behalf of the Trust and the Debtors, including without
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Examples of Trust Cost in a sentence

  • The compensation of the Creditor Trust Administrator shall be reasonable and customary, and shall constitute a Creditor Trust Cost to be paid from the Creditor Trust Assets.

  • LandCo shall reimburse, or cause to be reimbursed, the Land Trust Cost to the Beneficiaries caused prior to Closing or resulting from their pre-Closing ownership of the Beneficiary Rights and Obligations, subject to such expenses being duly corroborated by Invex.

  • The Litigation Trustee is authorized to pay any Trust Cost without further order of the Court, except as provided in section 4.6 hereof.

  • The expenses of preparation of the statement of discharge, including, but not limited to, any accounting expenses incurred in connection with preparation of the statement of discharge, shall be a Trust Cost.

  • The Litigation Trustee shall pay the reasonable fees and expenses of Professionals as a Trust Cost, subject to subpart (c) below.

  • The Trust Agreement also provides for the Trust’s indemnification of the Trustee under certain specified circumstances, and for the Liquidating Trustee’s use of the Trust Assets as necessary to contest any such claimed liability and to pay, compromise, settle or discharge same on terms reasonably satisfactory to the Liquidating Trustee as a Trust Cost.

  • All reasonable fees and expenses of the Litigation Trustee and its professionals shall be a Trust Cost.

  • All reasonable expenses of the Litigation Trustee in the performance of its respective duties hereunder, shall be reimbursed as a Trust Cost paid by the Trust, subject to subpart (c) below.

  • Expenses• Farming (Repairs to the Shed)• Kiwifruit Green• Kiwifruit Gold• Pinelands (Forest Rates and Insurance)• Rental - Kairua Road (Rates and Insurance)• Trust (Cost to run the Trust)• Totol Expenses• Net Surplus /Profit(Compared to 2012 this is a 200% increase) Pirihimo Whonou Trust are no longer in farming.$12,440$149,988$25,621$3,586$1,985$107,083$300,703$131,794 In 2016, the Kiwifruit Green Expenses have dropped back considerably compared to 2015 because it is just the Pirihima Orchard only.

  • If any liability shall be asserted against the Trust or the Litigation Trustee as the transferee of the Trust Assets on account of any claimed liability of, through or under the Debtor, the Litigation Trustee may use such part of the Trust Assets as may be necessary to contest any such claimed liability and to pay, compromise, settle or discharge same on terms reasonably satisfactory to the Litigation Trustee as a Trust Cost.

Related to Trust Cost

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • book cost means the total amount paid to purchase a security, including any transaction charges related to the purchase, adjusted for reinvested distributions, returns of capital and corporate reorganizations;

  • Equipment Cost means, for each Unit, the purchase price therefor -------------- paid by the Owner Trustee to the Lessee pursuant to Section 2 of the Participation Agreement and as set forth in Schedule 1 to the Participation Agreement with respect to such Unit. Notwithstanding anything to the contrary contained in the Operative Agreements, the Equipment Cost for any Replacement Unit shall be deemed to be the Equipment Cost or deemed Equipment Cost of the Unit replaced by such Replacement Unit.

  • Net cost means the Contractor’s actual cost after deducting all permitted cash and trade discounts, rebates, allowances, credits, sales taxes, commissions, and refunds (whether or not any or all of the same shall have been taken by the Contractor) of all parts and materials purchased by the Contractor solely for the use in performing its obligation hereunder provided, where such purchase has received the prior written approval of the Manager as required herein. The Contractor shall promptly furnish to the Manager such bills of sale and other instruments as the Manger may require, executed, acknowledged and delivered, assuring to the Manager title to such materials, supplies, equipment, parts, and tools free of encumbrances.

  • Standard Cost means any cost computed with the use of preestablished measures.

  • Carrying Cost means book value of the assets and interest accrued thereon but not received;

  • Patient cost means the cost of a medically necessary health care service that is incurred as a result

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Insured Amount As defined in the Policy.

  • Contract Cost means the Contract Sum plus Price Variation. This cost shall be included in the letter of acceptance.

  • Replacement Cost means the cost to repair or rebuild the improvements owned by Lessor at the time of the occurrence to their condition existing immediately prior thereto, including demolition, debris removal and upgrading required by the operation of Applicable Requirements, and without deduction for depreciation.

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.

  • Trip Cost means the dollar amount of Trip payments or deposits paid by the Insured prior the Insured’s Trip Departure Date and shown on any required application which is subject to cancellation penalties or restrictions. Trip cost will also include the cost of any subsequent pre-paid payments or deposits paid by the Insured for the same Trip, after application for coverage under this plan provided the Insured amends the Application to add such subsequent payments or deposits and pays any required additional plan cost prior to the Insured’s Departure Date.

  • Administrative cost means a fee imposed to cover:

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Total cost means the total annual cost of benefits and related costs including but not limited to claims, administration expenses, insurance premiums, consulting, auditing and advisory fees and all other costs and taxes, as reported on the insurance carrier’s most recent yearly statement, and if any, premium costs on other district school area board or public school authority statements, for the year ending no later than August 31, 2015. The aforementioned statements are to be provided to the Ministry of Education. Total Cost excludes retiree costs. The average number of Full-Time Equivalent (FTE) positions in the bargaining unit as at October 31st and March 31st for the period consistent with this clause.

  • Indirect cost means any cost not directly identified with a single final cost objective, but identified with two or more final cost objectives or with at least one intermediate cost objective.

  • Special Primary Insurance Premium With respect to any Special Primary Insurance Policy, the monthly premium payable thereunder. Statutory Trust Statute: Chapter 38 of Title 12 of the Delaware Code, 12 Del.C. §3801 et seq., as the same may be amended from time to time.

  • Target cost, as used in this contract, means the estimated cost of this contract as initially negotiated, adjusted in accordance with paragraph (d) of this clause.

  • Direct Construction Cost means the sum of the amounts that the Construction Manager actually and necessarily incurs for General Conditions Costs, Cost of the Work and Construction Manager’s Contingency during the Construction Phase as allowed by this Agreement. Direct Construction Cost does not include Pre-Construction Phase Fees or Construction Phase Fees.

  • Original Project Cost means the capital expenditure incurred by the Generating Company or the Transmission Licensee, as the case may be, within the original scope of the project up to the cut-off date as admitted by the Commission;

  • Tax Cost means any increase in Tax payments otherwise required to be made to a Taxing Authority (or any reduction in any refund otherwise receivable from any Taxing Authority).

  • Annuity reserve means the present value, computed upon the basis of the mortality and other tables adopted by the board, of all payments to be made on account of any annuity, or benefit in lieu of any annuity, granted to a retirant as provided in this chapter.

  • Contract Amount means:

  • Original Cost means the total amount paid to purchase a security, including any transaction charges related to the purchase;

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;