Trust Expenses means any liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to the Trust.

Trust Expenses means all expenses incurred by the Trustee, the Corporation, or any third party, in each case for the account of the Trust, in connection with this Indenture, the establishment and ongoing management of the Trust and the ongoing administration of the Trust Units, including without limitation those amounts payable to the Trustee under Sections 7.6, 7.8 and 7.9 and all amounts payable to the Corporation pursuant to the Administration Agreement;

Trust Expenses means the expenses incurred by the Trustee of the First Trust or the Trustee of the Second Trust, as the case may be, which are reasonable and necessary for the administration of the Trust including any fees for bank transfer which will be borne by the Trustee of the First Trust or the Trustee of the Second Trust in accordance with the relevant Transaction Documents, fees for account management payable to the financial institution with which an account to maintain trust monies is established, attorney’s fees and other expenses for conciliation, arbitration, action or other dispute settlement proceedings and consultation between the parties, expenses for notification, notice and other administrative procedures required in connection with the First Trust or the Second Trust, as the case may be, Rating Fees, Costs of the Second Trust, other expenses necessary or useful for the performance of the trust business and damage or liability suffered or borne by the Trustee of the First Trust or the Trustee of the Second Trust, as the case may be, in connection with the performance of the trust business; provided, however, the Fees for the Trustee of the First Trust and the Second Trust, the Servicing Fee, and damage or liability arising from the violation by the Trustee of the First Trust of the First Trust Agreement or by the Trustee of the Second Trust of the Second Trust Agreement will not be included.

Examples of Trust Expenses in a sentence

To the extent that the Sponsor fails to pay the Trust Expenses, the Trust will be responsible for such Trust Expenses.

More Definitions of Trust Expenses

Trust Expenses means the costs of administering the Trust, including payments to the Settlement Trustee and payments to or on behalf of professionals retained to represent the Trust.

Trust Expenses means all expenses incurred by the Trustee or any third party, in each case for the account of the Trust, in connection with this Indenture, the establishment and ongoing management of the Trust and the ongoing administration of the Trust Units, including without limitation those amounts payable to the Trustee under Sections 7.6, 7.7 and 7.8;

Trust Expenses means all reasonable costs, expenses and fees incurred or to be incurred (as estimated by the Trustee in consultation with the Trust Advisory Board) by the Trustee in the administration of its duties or as contemplated pursuant to the Trust Agreement.

Trust Expenses means the customary and ordinary expenses incurred by the Trustee on behalf of the Trust, including direct out of pocket expenses incurred in connection therewith.

Trust Expenses means all expenses of the Trust determined on a cash basis (including, without limitation, compensation, legal, accounting and other professional fees, expenses relating to the operation of the Claims Resolution Facility, disbursements and related expenses, corporate overhead and reimbursement and indemnification payments) other than payments in respect of Trust Claims.

Trust Expenses means all fees and expenses which the Trustee is entitled to receive or recover hereunder pursuant to Article 10; and all other costs, expenses and charges of any kind whatsoever reasonably incurred by or on behalf of the Trustee in connection with the investment of the Fund and the administration of the Trust in respect of which the Trustee is entitled to be reimbursed in accordance with the express provisions hereof; and