Trustee Expenses definition

Trustee Expenses means the trustee expenses set forth in the Trustee and Collateral Custodian Fee Letter and any other accrued and unpaid fees, expenses (including reasonable attorneys’ fees, costs and expenses) and indemnity amounts payable by the Borrower or the Servicer to the Trustee under the Transaction Documents.

Trustee Expenses means Expenses incurred by the Trustee or any receiver in preparing and executing the trusts in the Trust Deed (including any Taxes required to be paid, the costs of realising any security and the Trustee’s remuneration).

Trustee Expenses means the fees and expenses of the Trustee set forth in Section 7.04 of this Indenture.

Examples of Trustee Expenses in a sentence

• To the extent that the payment of any such Trustee Expenses, and any other amounts due the Trustee under Section 7.07 out of the estate in any such proceeding, shall be denied for any reason, payment of the same shall be secured by a Lien on, and shall be paid out of, any and all distributions, dividends, money, securities and other properties which the Holders may be entitled to receive in such proceeding, whether in liquidation or under any plan of reorganization or arrangement or otherwise.

• Section 8.05 Master Servicer to Pay Trustee Expenses; Trustee Fees.

• As compensation for its Trustee activities hereunder, the Trustee shall be entitled to the Trustee Fees and Trustee Expenses from the Borrower as set forth in the Trustee and Collateral Custodian Fee Letter.

• To the extent that the payment of any such Trustee Expenses, and any other amounts due the Trustee under Section 7.07 hereof out of the estate in any such proceeding, shall be denied for any reason, payment of the same shall be secured by a Lien on, and shall be paid out of, any and all distributions, dividends, money, securities and other properties which the Holders may be entitled to receive in such proceeding, whether in liquidation or under any plan of reorganization or arrangement or otherwise.

• On each Payment Date, the Indenture Trustee shall be entitled to the Indenture Trustee Fee and reimbursement of Indenture Trustee Expenses in the priority provided in Section 3.04 hereof.

More Definitions of Trustee Expenses

Trustee Expenses. The reasonable out-of-pocket expenses to be paid to the Trustee under and in accordance with the Backup Servicer and Trustee Fee Letter.

Trustee Expenses means all costs, losses, liabilities and expenses of or incurred by or on behalf of the Second Creditor in its role as Trustee under the Trust Deed (including any remuneration owing to the Second Creditor) and which are not Enforcement Expenses.

Trustee Expenses means, with respect to any Payment Date, an amount equal to the sum of all expenses or indemnities incurred by or otherwise owing to the Trustee during the preceding Due Period in accordance with the Indenture, other than the Trustee Fee, including, without limitation, any expenses or indemnities incurred by the Trustee (and the Bank) in any of its capacities (including in its capacity as Collateral Administrator, Calculation Agent, Note Paying Agent, Income Note Paying Agent and Registrar).

Trustee Expenses means the out-of-pocket expenses to be paid to the Trustee under the Backup Servicer and Trustee Fee Letter. “Trustee Fee” means the fee to be paid to the Trustee as set forth in the Backup Servicer and Trustee Fee Letter.

Trustee Expenses means any fees and expenses of the Trustee which the Lender may elect to advance.

Trustee Expenses means, with respect to any Payment Date, an amount equal to the sum of all expenses or indemnities incurred by or otherwise owing to the Trustee during the preceding Due Period in accordance with this Indenture, other than the Trustee Fee, including, without limitation, any expenses or indemnities incurred by the Trustee (and the Bank) in any of its capacities (including in its capacity as Collateral Administrator, Calculation Agent, Note Paying Agent, Class A-R Note Agent, PAA Issued Note Paying Agent and Registrar).

Trustee Expenses means, with respect to any Distribution Date, all expenses and indemnified amounts (other than fees) due or accrued with respect to such Distribution Date and payable by the Issuer or the Co-Issuer to (i) the Secured Note Registrar pursuant to Section 2.4(a) hereof and the Trustee pursuant to Section 6.8 hereof or any co-trustee appointed pursuant to Section 6.13 hereof, (ii) the Collateral Administrator pursuant to the Collateral Administration Agreement, (iii) the Preference Share Paying Agent under the Preference Share Paying Agency Agreement, (iv) the Subordinate Note Registrar, the Fiscal Agent or any co-Fiscal Agent appointed pursuant to the Fiscal Agency Agreement and (v) the Custodian pursuant to the Account Control Agreement.