EXPENSES AND DISBURSEMENTS. The Custodian may make cash disbursements for expenses and stamp duties and transfer taxes in handling Securities and for similar items in connection with the Custodian's duties under this Agreement. Any such disbursements, and all transaction and other agreed fees and expenses charged by the Custodian under this Agreement (together with value added tax, if any) shall be debited to the Customer Account.
Appears in 3 contracts
Samples: Custodian Agreement (Lazard Freres Real Estate Investors LLC), Custodian Agreement (Lazard Freres Real Estate Investors LLC), Custodian Agreement (Lazard Freres Real Estate Investors LLC)
