Fees Compensation and Expenses Sample Clauses

Fees Compensation and Expenses. 10.1 Trustee’s Fee The Trustee shall be entitled to such compensation as may be agreed upon, from time to time but not less than annually, by the Trustee and the Manager by written agreement (the “Fee Agreement”). Such compensation, as well as all other disbursements made and expenses incurred (including out-of-pocket expenses) by the Trustee in the performance of its duties and obligations hereunder shall be paid by the Trust out of its Trust Property, unless such compensation, disbursements or expenses have been first paid by the Manager pursuant to the Fee Agreement. Unless other arrangements are agreed upon by the Manager, the Trustee shall receive no other compensation for its services as trustee hereunder but nothing herein shall prevent the Trustee from receiving additional compensation in connection with other services that may be performed by the Trustee for the Trust, including services performed for and dealings with the Trust by the Trustee other than in its capacity as trustee of the Trust including, but not limited to, as the Custodian of the Trust Property other than the Gold Bullion and as the Valuation Agent.
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Fees Compensation and Expenses. 28 Section 8.1 Trustee’s Fee 28 Section 8.2 Manager’s Fee 28 Section 8.3 Fund Administration Fee and Other Fund Costs 28 Section 8.4 Claim Against Property for Amounts Owing 30
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Fees Compensation and Expenses. (a) (b) For each month during the Term, the Company shall pay to Xxxxxxx a nonrefundable retainer fee of $2,500.00 (the “Retainer Fee”). The Retainer Fee will be paid by the Company on the first day of the month for which it is due (or the first business day thereafter). The Retainer Fee will be deemed to compensate Xxxxxxx for up to twenty (20) of the total hours expended by Xxxxxxx in performing and providing the Services during the month for which it is paid (such twenty hours are referred to herein as the “Retainer Cap”), and Xxxxxxx will not be entitled to any hourly fee described in Section 4(b) below, or otherwise, for any hours expended during such month which are within such Retainer Cap. For clarity, Xxxxxxx will be entitled to the Retainer Fee even if, during the month in question, he expends a number of hours that are less than the amount of the Retainer Cap, including any month in which he is not requested by the Company to expend any hours in providing Service. For each hour in excess of the amount of the Retainer Cap that Xxxxxxx expends in providing and performing the Services during any month of the Term, the Company will pay to Xxxxxxx an hourly consulting fee of $125 (the “Hourly Fee”). The Hourly Fee, if any, due for a month shall be paid on orbefore the 15th day of the following month. If Xxxxxxx expends hours in excess of the Retainer Cap during any month he will submit an itemized accounting of such hours to the Company on or before the 5th business day of the following month.
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Fees Compensation and Expenses. Reimbursements.The Servicer may, but shall not be required to, advance the funds necessary to pay any Operating Expense, rather than requesting a transfer of such funds from USTK pursuant to Section 2.04 of this Agreement. USTK shall reimburse the Servicer for all Operating Expenses to the extent that the Servicer has not received funds for such Operating Expenses pursuant to Section 2.04 of this Agreement, such reimbursement to be made no later than the Monthly Payment Date following the request for such reimbursement. Annual Management Fee. Commencing on the date of determination of the Determined Value of the Timberland Investment as of December 31st of the preceding calendar year (the “Annual Determination Date”) and continuing until the next Annual Determination Date, the Servicer's annualized management fee for the Services it renders pursuant to this Agreement shall be equal to two percent (2%) of the Determined Value of the Timberland Investment for the preceding calendar year less the Fixed Operating Expenses reimbursed pursuant to Section 8.01. The management fee will be paid in monthly installments in advance on each Monthly Payment Date, using the Fixed Operating Expenses reimbursed pursuant to Section 8.01 during the previous month for purposes of calculating the amount of such installment (such monthly payment being referred to as the “Servicing Fee”). For the period commencing on the Effective Date and continuing through the next Annual Determination Date, the annual management fee will be based on the value of the Initial Timberland Investment determined by the closing valuation ($200,000,000) and shall be equal to two percent (2%) of such amount, calculated on an annualized basis.
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Fees Compensation and Expenses. (a) In consideration of the provision of the Services by the Westpark Advisors and the rights granted to AERG under this Agreement, AERG shall pay Westpark Advisors a fee of $16,700 per month during the Term (see Paragraph 7). Said fee will be payable within [five (5)] days of receipt by AERG of an invoice from Westpark Advisors.
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Fees Compensation and Expenses 
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Related to Fees Compensation and Expenses

  • Compensation and Expenses (a) As compensation for sourcing the Series Gallery Drop 118 Asset, the Asset Manager may be granted a sourcing fee equal to 3.36% of the total aggregate amount of Series Gallery Drop 118 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

  • Compensation and Expense Reimbursement A. Client will pay the Company, as compensation for the services provided for in this Agreement and as reimbursement for expenses incurred by Company on Client's behalf, in the manner set forth in Schedule A annexed to this Agreement which Schedule is incorporated herein by reference.

  • Compensation; Payment of Fees and Expenses As compensation for the performance of the Administrator’s obligations under this Agreement, the Administrator shall be entitled to receive $2,500 annually, which shall be solely an obligation of the Servicer; provided, however, notwithstanding the foregoing, such compensation shall in no event exceed the Servicing Fee for the related annual period. The Administrator shall pay all expenses incurred by it in connection with its activities hereunder.

  • Compensation Benefits and Expenses During the Term, Company shall compensate Employee for his services as follows:

  • Compensation and Expenses; Covenant (a) In return for the Services, the Administrator shall earn management fees and expense reimbursements in the form of Class A preferred shares of the Issuer equal to 1.5% of the total Class A shares outstanding or for which subscriptions have been received, comprised of a 1.0% entity management fee and a 0.5% art management fee, per annum, after giving effect to such issuance, issued on a quarterly basis in arrears, commencing on the date of the final closing of the Offering or the date of an earlier closing if, as of such earlier closing date, the Offering is fully subscribed and at least 95% of the subscription proceeds have been received by the Company. These Class A preferred shares will be subject to vesting provisions set forth in Section 6 hereof. For the avoidance of doubt, no fees or expense reimbursements in the form of Class A preferred shares shall be earned for any period prior to the final closing of the Offering (or the date on which at least 95% of the Class A shares offered have been issued).

  • ALPS Compensation; Expenses (a) ALPS will bear all expenses in connection with the performance of its services under this Agreement, except as otherwise provided herein. ALPS will not bear any of the costs of Fund personnel. Other Fund expenses incurred shall be borne by the Fund or the Fund’s investment adviser, including, but not limited to, initial organization and offering expenses; the blue sky registration and qualification of Shares for sale in the various states in which the officers of the Fund shall determine it advisable to qualify such Shares for sale (including registering the Fund as a broker or dealer or any officer of the Fund as agent or salesman in any state); litigation expenses; taxes; costs of preferred shares; expenses of conducting repurchase offers for the purpose of repurchasing Fund shares; administration, transfer agency, and custodial expenses; interest; Fund directors’ or trustees’ fees; brokerage fees and commissions; state and federal registration fees; advisory fees; insurance premiums; fidelity bond premiums; Fund and investment advisory related legal expenses; costs of maintenance of Fund existence; printing and delivery of materials in connection with meetings of the Fund’s directors or trustees; printing and mailing of shareholder reports, prospectuses, statements of additional information, other offering documents and supplements, proxy materials, and other communications to shareholders; securities pricing data and expenses in connection with electronic filings with the U.S. Securities and Exchange Commission (the “SEC”).

  • Remuneration and Expenses The directors shall be paid such remuneration for their services as the board may from time to time determine. The directors shall also be entitled to be reimbursed for reasonable travelling and other expenses properly incurred by them in attending meetings of the board or any committee thereof. Nothing herein contained shall preclude any director from serving the Corporation in any other capacity and receiving remuneration therefor.

  • Directors’ Fees and Expenses All compensation of directors, other than those affiliated with the Manager, and all expenses incurred in connection with their service;

  • Compensation and Expenses of Trustee The Company covenants and agrees to pay to the Trustee, in any capacity under this Indenture, from time to time, and the Trustee shall receive such compensation for all services rendered by it hereunder in any capacity (which shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust) as mutually agreed to in writing between the Trustee and the Company, and the Company will pay or reimburse the Trustee upon its request for all reasonable expenses, disbursements and advances reasonably incurred or made by the Trustee in accordance with any of the provisions of this Indenture in any capacity thereunder (including the reasonable compensation and the expenses and disbursements of its agents and counsel and of all Persons not regularly in its employ) except any such expense, disbursement or advance as shall have been caused by its gross negligence or willful misconduct as determined by a final, non-appealable decision of a court of competent jurisdiction. The Company also covenants to indemnify the Trustee in any capacity under this Indenture and any other document or transaction entered into in connection herewith and its officers, directors, attorneys, employees and agents and any authenticating agent for, and to hold them harmless against, any loss, claim (whether asserted by the Company, a Holder or any Person), damage, liability or expense (including attorneys’ fees) incurred without gross negligence or willful misconduct on the part of the Trustee, its officers, directors, attorneys, agents or employees, or such agent or authenticating agent, as the case may be, as determined by a final, non-appealable decision of a court of competent jurisdiction, and arising out of or in connection with the acceptance or administration of this Indenture or in any other capacity hereunder, including the costs and expenses of defending themselves against any claim of liability in the premises or the enforcement of this Section 7.06. The obligations of the Company under this Section 7.06 to compensate or indemnify the Trustee and to pay or reimburse the Trustee for expenses, disbursements and advances shall be secured by a senior lien to which the Notes are hereby made subordinate on all money or property held or collected by the Trustee, except, subject to the effect of Section 6.05, funds held in trust herewith for the benefit of the Holders of particular Notes, and, for the avoidance of doubt, such lien shall not be extended in a manner that would conflict with the Company’s obligations to its other creditors. The Trustee’s right to receive payment of any amounts due under this Section 7.06 shall not be subordinate to any other liability or indebtedness of the Company. The obligation of the Company under this Section 7.06 shall survive the satisfaction and discharge of this Indenture and the earlier resignation or removal of the Trustee. The Company need not pay for any settlement made without its consent, which consent shall not be unreasonably withheld. The indemnification provided in this Section 7.06 shall extend to the officers, directors, agents and employees of the Trustee. Without prejudice to any other rights available to the Trustee under applicable law, when the Trustee and its agents and any authenticating agent incur expenses or render services after an Event of Default specified in Section 6.01(h) or Section 6.01(i) occurs, the expenses and the compensation for the services are intended to constitute expenses of administration under any bankruptcy, insolvency or similar laws.

  • Servicers Compensation and Expenses Section 5.01 Servicing Compensation. Section 5.02 Servicing Advances and Advances.

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