Common use of Fees of Custodian Clause in Contracts

Fees of Custodian. All fees of the Custodian for its services under this Agreement as agreed upon by the Custodian and the Master Servicer will be paid by the Master Servicer from its own funds. The Custodian shall be entitled to reimbursement of all reasonable expenses incurred by the Custodian (including but not limited to counsel fees and the indemnification provided for in Section 8.08 of the Pooling Agreement) by the Trust Fund, which reimbursements will be made by the Securities Administrator from funds in the Distribution Account. The Custodian agrees that it will continue to act as Custodian hereunder and perform its duties hereunder, and if after a 60-day period the Master Servicer has failed to pay the Custodian's fees, the Custodian may seek repayment of such fees from the Securities Administrator who will pay such fees from amounts on deposit in the Distribution Account prior to any distributions to Certificateholders pursuant to Section 8.05 of the Pooling Agreement.