Charges of Trustee. (a) Each Depositor, and each person surrendering Shares for the purpose of withdrawing Trust Property, shall pay to the Trustee a fee of $500 per transaction for the Delivery of Shares pursuant to Section 2.4 and the Surrender of Baskets of Shares pursuant to Section 2.6 or 6.2 (or such other fee as the Trustee, with the prior written consent of the Sponsor, may from time to time announce).
Charges of Trustee. The following charges shall be ------------------ incurred by any party depositing or withdrawing Securities or by any party Surrendering Receipts or to whom Receipts are Delivered or any Owner, as applicable: (1) taxes and charges and other fees payable in respect of the Underlying Securities assessed by third-party custodians, depositories, transfer agents, and other service providers in the ordinary course of their respective businesses (whether in connection with the deposit of Securities or withdrawal of Underlying Securities or otherwise), (2) a fee of $10 or less per 100 Receipts for the execution and Delivery of Receipts pursuant to Section 2.5, and the Surrender of Receipts pursuant to Section 2.7, and (3) a fee which shall accrue on the first day of each calendar quarter at a rate of $.02 or less per Receipt per quarter for the Trustee's services as such under the Depositary Trust Agreement (which fee shall be assessed against Owners of record as of the date or dates set by the Trustee in accordance with Section 4.5 and shall be collected at the Trustee's discretion by deducting such fee from one or more cash dividends or other cash distributions); provided, however, that with -------- ------- respect to the aggregate fee accrued in any calendar year under this clause (3) with respect to each Receipt, the Trustee will waive that portion which exceeds the total cash dividends and other cash distributions the record date for which falls in such calendar year and payable with respect to such Receipt.
Charges of Trustee. (a) The following charges shall be incurred by any party depositing or withdrawing Securities or by any party Surrendering Receipts or to whom Receipts are Delivered or any Owner, as applicable: (1) taxes and charges and other fees payable in respect of the Underlying Securities assessed by third-party custodians, depositories, depositary banks or transfer agents in the ordinary course of their respective businesses, (2) a fee of $5 or less (as determined in the sole discretion of the Trustee) per 100 Receipts for the execution and Delivery of Receipts pursuant to Section 2.5, and, in addition, for the Surrender of Receipts pursuant to Section 2.7, (3) a custodial fee which shall accrue on the first day of each calendar quarter at a rate of $.01 or less (as determined in the sole discretion of the Trustee) per Receipt per quarter for the custodial services under the Depositary Trust Agreement (which fee shall be assessed against Owners of record as of the date or dates set by the Trustee in accordance with Section 4.5 and shall be collected at the Trustee's discretion by deducting such fee from one or more cash dividends or other cash distributions), and (4) a $.25 per 100 Receipts handling fee which shall be incurred for each cash dividend or other cash distribution in respect of the Underlying Securities at such time that such distributions are made (which fee shall be assessed against Owners of record as of the date or dates set by the Trustee in accordance with Section 4.5 and shall be collected by deducting such fee from the related cash dividends or other cash distributions when made); provided, however, that with respect to the aggregate fee accrued in any calendar year under clause (3) and clause (4) with respect to each Receipt, no such fee shall accrue which exceeds the total cash dividends and other cash distributions the record date for which falls in such calendar year and payable with respect to such Receipt. The fees payable pursuant to this Section 5.6(a) shall be deemed to be full reimbursement to the Trustee for all Trust Expenses.
Charges of Trustee. (a) The Trustee is entitled to receive from the Sponsor fees for its services and reimbursement for its out-of-pocket expenses in accordance with written agreements between the Sponsor and the Trustee.
Charges of Trustee. The following charges shall be ------------------ incurred by any party depositing or withdrawing Securities or by any party Surrendering Receipts or to whom Receipts are Delivered or any Owner, as applicable: (1) taxes and charges and other fees payable in respect of the Underlying Securities assessed by third-party custodians, depositories, depositary banks or transfer agents in the ordinary course of their respective businesses, (2) a fee of $10 or less per 100 Receipts for the execution and Delivery of Receipts pursuant to Section 2.5, and the Surrender of Receipts pursuant to Section 2.7, and (3) a fee which shall accrue on the first day of each calendar quarter at a rate of $.02 or less per Receipt per quarter for the Trustee's services as such under the Depositary Trust Agreement (which fee shall be assessed against Owners of record as of the date or dates set by the Trustee in accordance with Section 4.5 and shall be collected at the Trustee's discretion by deducting such fee from one or more cash dividends or other cash distributions); provided, however, that with respect to the aggregate fee -------- ------- accrued in any calendar year under this clause (3) with respect to each Receipt, the Trustee will waive that portion which exceeds the total cash dividends and other cash distributions the record date for which falls in such calendar year and payable with respect to such Receipt.
Charges of Trustee. (a) Each Person acquiring Baskets pursuant to a Purchase Order and each Person Surrendering Baskets pursuant to a Redemption Order shall pay to the Trustee the transaction fee specified in the applicable Authorized Participant Agreement, and reimburse the Trust and the Trustee for any and all expenses and costs incurred in connection with such Purchase Order or Redemption Order.
Charges of Trustee. Grantor agrees to pay all costs, fees and expenses charged by Trustee for acting as Trustee pursuant to this Reinsurance Trust Agreement, including costs, fees and expenses incurred by Trustee for legal services deemed necessary by Trustee as a result of Trustee’s so acting; provided however, that no such costs, fees or expenses shall be paid out of the Assets. The provisions of this Section 4.5 shall survive the termination of this Reinsurance Trust Agreement or the earlier resignation or removal of Trustee.
Charges of Trustee. The following charges shall be incurred by any party depositing or withdrawing Shares or by any party surrendering Receipts or to whom Receipts are issued: (1) taxes and other governmental charges, (2) such cable, telex and facsimile transmission expenses as are expressly provided in this Trust Agreement, (3) a fee of $10 or less per Round-lot of 100 Receipt for the execution and delivery of Receipts pursuant to Section 2.6, 4.3 or 4.4, and the surrender of Receipts pursuant to Section 2.8 or 6.2, (4) a fee for the distribution of Shares pursuant to Section 4.2, such fee being in an amount equal to the fee for the execution and delivery of Deposited Shares referred to above which would have been charged as a result of the deposit of such Shares (for purposes of this clause (4) treating all such Shares as if they were Deposited Shares), but which Shares are instead distributed by the Trustee to Owners, and (5) a fee of [ ] or less per Receipts per year for acting as Trustee hereunder (which fee shall be assessed against Owners of record as of the date or dates set by the Trustee in accordance with Section 4.06 and shall be collected at the sole discretion of the Trustee by billing such Owners for such fee or by deducting such fee from one or more cash dividends or other cash distributions). The Trustee, subject to Article (8) hereof, may own and deal in any class of Shares of the Deposited Shares Issuers and their affiliates in Receipts.
Charges of Trustee. Grantor agrees to pay all costs, fees and expenses charged by Trustee for acting as Trustee pursuant to this New York Trust Agreement, including costs, fees and expenses incurred by Trustee for legal services deemed necessary by Trustee as a result of Trustee’s so acting; provided however, that no such costs, fees or expenses shall be paid out of the Assets. The provisions of this Section 4.5 shall survive the termination of this New York Trust Agreement or the earlier resignation or removal of Trustee.
Charges of Trustee. The Trustee is entitled to charge the Trust for all expenses and disbursements incurred by it under Section 5.17(a) or that are of the type described in Sections 4.6(a)(2), (3) or (4) (in respect of services performed or action taken by the Trustee) (including the fees and disbursements of legal counsel), except that the Trustee is not entitled to charge the Trust for (i) expenses and disbursements incurred by it prior to the commencement of trading of Shares on the Exchange and (ii) fees of agents for performing services the Trustee is required to perform under this Trust Agreement.
