Payment of Custodian Fees Sample Clauses

Payment of Custodian Fees. Upon receipt of Written Instructions directing payment, the Custodian shall disburse moneys from the assets of the Trust in payment of the Custodian's fees and expenses as provided in Article VIII hereof.
Sample 1Sample 2Sample 3See All (180)
AutoNDA by SimpleDocs
Payment of Custodian Fees. Upon receipt of Written Instructions directing payment, the Custodian shall disburse moneys from the assets of each Fund in payment of the Custodian's fees and expenses as provided in this Agreement. Any amounts owed or liabilities incurred by a Fund in respect of any custodial transaction, fees or otherwise under this Agreement shall be satisfied solely from assets of that Fund, and not from any other Fund.
Sample 1Sample 2Sample 3See All (6)
Payment of Custodian Fees. We shall remit to you on a mutually agreed basis that portion of the amounts received by us in connection with either the deposit of Common Shares against the issuance of ADR's or the withdrawal of Common Shares against the cancellation of ADR's as we may agree upon with respect of each Company's Common Shares.
Sample 1
Payment of Custodian Fees. The custodian fee shall be borne by the Trust Property with an annual rate of 0.80% of the Preferential Trust Plan Assets, and shall be withdrawn from the special account for Trust Property and paid by the Trustee prior to the last day (included) of the each calendar year. The computational formula is as follows: Custodian fees = Preferential Trust Plan Assets X annual rate of custodian fees X the actual days from the previous payment date (included) to the current payment date (excluded)/365 (at the time of first payment, the previous payment date shall be the date when this Trust Plan is established, while at the time of last payment, the current payment date shall be date when this Trust Plan is terminated). In case the monetary Trust Property in the current Trust Property is insufficient to pay the custodian fees for the current period, the payment time shall be postponed to fall within 2 working days after the monetary Trust Property in the special account for Trust Property becomes sufficient to pay the custodian fees for the current period.
Sample 1

Related to Payment of Custodian Fees

  • Disbursements of Custodian Upon receipt of a Written Instruction directing payment and setting forth the name and address of the person to whom such payment is to be made, the amount of such payment, the name of the Fund from which payment is to be made, and the purpose for which payment is to be made, the Custodian shall disburse amounts as and when directed from the assets of that Fund. The Custodian is authorized to rely on such directions and shall be under no obligation to inquire as to the propriety of such directions.

  • Administration Fees We will inform You separately of any administration fees that may apply to Your policy. In the event of policy cancellation, any cancellation fee may be deducted from any refund of premium due to You. Subject to Your policy terms and conditions, no refund will be issued in the event of a policy cancellation if a valid claim has been made (or is intended to be made) or a circumstance has been notified under that policy. We reserve the right to deduct any unpaid premium from any claim settlement. Other income In addition to commission, fees and administration fees, We may receive other income from insurers or third parties, including but not limited to additional payments from insurers based upon pre-agreed criteria. For arranging premium instalment facilities, We earn a variable amount of commission from Our premium finance provider which is usually a percentage of the interest that You pay. This means that the amount You pay for credit and the overall cost of arranging Your insurance will vary according to the interest charged by the lender and the amount of commission We earn. There may be occasions where there is a choice of instalment payment options which may charge different interest rates. Typically, if Your policy is paid via a direct debit instalment arrangement directly with the insurer, We will not receive any additional payments outside of the commission/fees earned for arranging Your policy. Using premium finance rather than paying the premium in one amount makes the overall cost of the insurance more expensive. A full breakdown of the cost of Your insurance and the cost of credit will be provided as part of Your new business or renewal quotation before You decide whether to proceed. Please be assured that the way in which We are remunerated will not at any time conflict with Our responsibilities to meet Your needs and treat You fairly. Services on behalf of insurers We have agreements in place with certain insurers that We will undertake certain activities on their behalf which may include producing policy documentation, compilation of risk data, risk identification surveys, and claims management. In return for these services certain insurers will make a payment to Us. These payments are separate, and in addition to, any commissions, or fees and administration fees that You pay Us. Our commitment to transparency You are entitled at any time to request information regarding any commission or other income which We may have received as a result of placing Your insurance business or arranging Your premium finance. We will provide full details in writing where such request is made within seven (7) working days.

  • Servicer Expenses The Servicer shall be required to pay all expenses incurred by it in connection with its activities hereunder, including fees and disbursements of independent accountants, taxes imposed on the Servicer and expenses incurred in connection with distributions and reports to Certificateholders and Noteholders.

Time is Money Join Law Insider Premium to draft better contracts faster.