Common use of Fees and Expenses of Trustee Clause in Contracts

Fees and Expenses of Trustee. The Trustee shall receive as reasonable compensation for its services as Trustee such amounts as may, from time to time, be agreed upon in writing between the Bank and the Trustee. Such fees and expenses may be charged directly to the Trust Fund unless paid by the Bank. The Trustee shall have a lien against the Trust Fund for the unpaid amount of any fees and disbursements due it and, in its discretion, may withdraw the same from the Trust Fund.

Appears in 3 contracts

Samples: Trust Agreement (Warwick Community Bancorp Inc), Trust Agreement (Dime Community Bancshares Inc), Trust Agreement (Warwick Community Bancorp Inc)

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Fees and Expenses of Trustee. The Trustee shall receive as reasonable compensation for its services as Trustee such amounts as may, from time to time, be agreed upon in writing between the Bank Employer and the Trustee. The Trustee shall not receive additional compensation for acting as Trustee. Such fees and expenses may be charged directly to the Trust Fund unless paid by the BankEmployer. The Trustee shall have a lien against the Trust Fund for the unpaid amount of any fees and disbursements due it and, in its discretion, may withdraw the same from the Trust Fund.

Appears in 1 contract

Samples: Trust Agreement (Warwick Community Bancorp Inc)

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Fees and Expenses of Trustee. The Trustee shall receive as be paid such reasonable compensation for its services as Trustee such amounts as may, shall from time to time, time be agreed upon in writing between by the Bank and the Trustee. Such fees compensation and all reasonable costs, charges and expenses may incurred by the Trustee in connection with the administration of the Trust, including counsel fees, shall be charged directly to withdrawn by the Trustee out of the Trust Fund unless paid or advanced by the Bank. The Trustee shall have a lien against the Trust Fund for the unpaid amount of any fees and disbursements due it and, in its discretion, may withdraw the same from the Trust Fund.

Appears in 1 contract

Samples: Supplemental Retirement Income Agreement (MFS Financial Inc)

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