Common use of Extra Remuneration Clause in Contracts

Extra Remuneration. If an Event of Default or Potential Event of Default shall have occurred, the Issuer hereby agrees that the Trustee shall be entitled to be paid additional remuneration calculated at its normal hourly rates in force from time to time. In any other case, if the Trustee finds it expedient or necessary or is requested by the Issuer to undertake duties that they both agree to be of an exceptional nature or otherwise outside the scope of the Trustee’s normal duties under this Trust Deed, the Issuer shall pay such additional remuneration as they may agree (and which may be calculated by reference to the Trustee’s normal hourly rates in force from time to time) or, failing agreement as to any of the matters in this sub-Clause (or as to such sums referred to in sub-Clause 9.1), as determined by a financial institution or person (acting as an expert) selected by the Trustee and approved by the Issuer or, failing such approval, nominated by the President for the time being of The Law Society of England and Wales. The expenses involved in such nomination and such financial institution’s fee shall be borne by the Issuer. The determination of such financial institution or person shall be conclusive and binding on the Issuer, the Trustee, the Noteholders and the Couponholders.

Extra Remuneration. If an Event of Default or Potential Event of Default shall have occurredoccurred and is continuing, the Issuer hereby agrees that the Trustee shall be entitled to be paid additional remuneration calculated at its normal hourly rates in force from time to time. In any other case, if the Trustee finds it expedient or necessary in the interests of the Bondholders or is requested by the Issuer to undertake duties that which they both agree to be of an exceptional nature or otherwise outside the scope of the Trustee’s normal duties under this Trust Deed, the Issuer shall will pay such additional remuneration as they may agree (and which may be calculated by reference to the Trustee’s normal hourly rates in force from time to time) or, failing agreement as to any of the matters in this sub-Clause 11.2 (or as to such sums referred to in sub-Clause 9.111.1 (Normal remuneration)), as determined by a financial institution or person (acting as an expert) selected by the Trustee and approved by the Issuer or, failing such approval, nominated by the President for the time being of The the Law Society of England and Wales. The expenses involved in such nomination and such financial institution’s fee shall will be borne paid by the Issuer, which sums, for the avoidance of doubt, shall be paid free and clear of deduction and withholding on account of taxation. The determination of such financial institution or person shall will be conclusive and binding on the Issuer, the Trustee, the Noteholders Trustee and the CouponholdersBondholders.

Extra Remuneration. If an Event of Default or Potential Event of Default shall have occurred, occurred the relevant Issuer hereby agrees that the Trustee shall be entitled to be paid additional remuneration calculated at its normal hourly rates in force from time to time. In any other case, if the Trustee finds it expedient or necessary or is requested by the any Issuer to undertake duties that they both agree to be of an exceptional nature or otherwise outside the scope of the Trustee’s normal duties under this Trust Deed, the relevant Issuer shall pay such additional remuneration as they may agree (and which may be calculated by reference to the Trustee’s normal hourly rates in force from time to time) or, failing agreement as to any of the matters in this sub-Clause 11 (or as to such sums referred to in sub-Clause 9.111.1), as determined by a financial institution or person (acting as an expert) selected by the Trustee and approved by the relevant Issuer or, failing such approval, nominated by the President for the time being of The Law Society of England and Wales. The expenses involved in such nomination and such financial institution’s fee shall be borne by the relevant Issuer. The determination of such financial institution or person shall shall, in the absence of manifest error, be conclusive and binding on the relevant Issuer, the Guarantor, the Trustee, the Noteholders ECN Holders and the Couponholders.

Extra Remuneration. If an Event of Default or a Potential Event of Default shall have occurred, the Issuer hereby agrees that the Trustee shall be entitled to be paid additional remuneration calculated at its normal hourly rates in force from time to time. In any other case, if the Trustee finds it expedient or necessary or is requested by the Issuer to undertake duties that they both agree to be of an exceptional nature or otherwise outside the scope of the Trustee’s normal duties under this the Trust Deed, the Issuer shall pay such additional remuneration as they may agree (and which may be calculated by reference to the Trustee’s normal hourly rates in force from time to time) or, failing agreement as to any of the matters in this sub-Clause 9.2 (or as to such sums referred to in sub-Clause 9.1), as determined by a financial institution or person (acting as an expert) selected by the Trustee and approved by the Issuer or, failing such approval, nominated by the President for the time being of The Law Society of England and Wales. The expenses involved in such nomination and such financial institutioninstitution or person’s fee shall be borne by shared equally between the Trustee and the Issuer. The determination of such financial institution or person shall be conclusive and binding on the Issuer, the Trustee, the Noteholders Noteholders, the holders of Receipts and the Couponholders.

Extra Remuneration. If an Event of Default or Potential Event of Default shall have has occurred, the Issuer hereby agrees that the Bond Trustee shall be entitled to be paid additional remuneration calculated at its normal hourly rates in force from time to time. In any other case, if the Bond Trustee finds it expedient or necessary or is requested by the Issuer to undertake duties that they both agree to be of an exceptional nature or otherwise outside the scope of the Bond Trustee’s normal duties under this Trust Deed, the Issuer shall pay such additional remuneration as they may agree (and which may be calculated by reference to the Bond Trustee’s normal hourly rates in force from time to time) or, failing agreement as to any of the matters in this sub-Clause 9.2 (or as to such sums referred to in sub-Clause 9.19.1 (Normal Remuneration)), as determined by a financial institution or person (acting as an expert) selected by the Bond Trustee and approved by the Issuer or, failing such approval, nominated by the President for the time being of The Law Society of England and Wales. The expenses involved in such nomination and such financial institution’s fee shall be borne by the Issuer. The determination of such financial institution or person acting as the expert shall in the absence of manifest error be conclusive and binding on the Issuer, the Guarantor, the Bond Trustee, the Noteholders Bondholders, the Receiptholders and the Couponholders.

Extra Remuneration. If an Event of Default or Potential Event of Default shall have occurred, the Issuer and the Guarantor hereby agrees agree that the Trustee shall be entitled to be paid additional remuneration calculated at its normal hourly rates in force from time to time. In any other case, if the Trustee finds it expedient or necessary or is requested by the Issuer to undertake duties that which they both agree to be of an exceptional nature or otherwise outside the scope of the Trustee’s 's normal duties under this Trust Deed, the Issuer shall Issuer, failing which the Guarantor, will pay such additional remuneration as they may agree (and which may be calculated by reference to the Trustee’s 's normal hourly rates in force from time to time) or, failing agreement as to any of the matters in this sub-Clause 8.2 (or as to such sums referred to in sub-Clause 9.18.1), as determined by a financial institution or person (acting as an expert) selected by the Trustee and approved by the Issuer or, failing such approval, nominated by the President for the time being of The Law Society of England and Wales. The expenses involved in such nomination and such financial institution’s 's fee shall will be borne by the Issuer. The determination of such financial institution or person shall will be conclusive and binding on the Issuer, the TrusteeGuarantor, the Noteholders Trustee and the CouponholdersNoteholders.