Common use of Front-end expenses Clause in Contracts

Front-end expenses. The Ninth Issuer shall after receipt of an account of such expenses reimburse each Agent for its own account for all reasonable out-of-pocket expenses incurred by it in the negotiation, preparation and execution of this Agreement and for its own account for all reasonable out-of-pocket expenses (including, without limitation, reasonable legal fees and any reasonable communication, courier, postage and other out-of-pocket expenses) properly incurred in connection with its services hereunder (together with any amounts in respect of Irrecoverable VAT (against production of a valid VAT invoice)) provided that such expenses shall not have been incurred as a result of the Agent's negligence, wilful misconduct or bad faith. The Principal Paying Agent will be responsible for distributing the remuneration and the relevant expenses of the Agent Bank, any other Paying Agent, any Transfer Agent and Registrar appointed hereunder.

Appears in 1 contract

Samples: Agreement (HOLMES FINANCING (No. 9) PLC)

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Front-end expenses. The Ninth Issuer shall after receipt of an account of such expenses reimburse each Agent for its own account for all reasonable out-of-pocket expenses incurred by it in the negotiation, preparation and execution of this Agreement and for its own account for all reasonable out-of-pocket expenses (including, without limitation, reasonable legal fees and any reasonable communication, courier, postage and other out-of-pocket expenses) properly incurred in connection with its services hereunder (together with any amounts in respect of Irrecoverable VAT (against production of a valid VAT invoice)) provided that such expenses shall not have been incurred as a result of the Agent's fraud, negligence, wilful misconduct or bad faith. The Principal Paying Agent will be responsible for distributing the remuneration and the relevant expenses of the Agent Bank, any other Paying Agent, any Transfer Agent and Registrar appointed hereunder.

Appears in 1 contract

Samples: Agreement (HOLMES FINANCING (No. 9) PLC)

Front-end expenses. The Ninth Master Issuer shall after receipt of an account of such expenses reimburse each Agent for its own account for all reasonable out-of-pocket expenses incurred by it in the negotiation, preparation and execution of this Agreement and for its own account for all reasonable out-of-pocket expenses (including, without limitation, reasonable legal fees and any reasonable communication, courier, postage and other out-of-pocket expenses) properly incurred in connection with its services hereunder (together with any amounts in respect of Irrecoverable VAT (against production of a valid VAT invoice)) provided that such expenses shall not have been incurred as a result of the Agent's fraud, negligence, wilful misconduct or bad faith. The Principal Paying Agent will be responsible for distributing the remuneration and the relevant expenses of the Agent Bank, any other Paying Agent, any Transfer Agent and Registrar appointed hereunder.

Appears in 1 contract

Samples: Holmes Master Issuer

Front-end expenses. The Ninth Issuer shall shall, after receipt of an account of such expenses expenses, reimburse each Agent for its own account for all reasonable out-of-pocket expenses properly incurred by it in the negotiation, preparation and execution of this Agreement and for its own account for all reasonable out-of-pocket expenses (including, without limitation, reasonable legal fees and any reasonable communication, courier, postage and other out-of-pocket expenses) properly incurred in connection with its services hereunder (together with any amounts in respect of Irrecoverable irrecoverable VAT (against production of a valid VAT tax invoice)) provided that such expenses shall not have been incurred as a result of the Agent's negligence, wilful misconduct default or bad faithbreach by it of the terms of this Agreement. The Principal Paying Agent will be responsible for distributing the remuneration and the relevant expenses of the Agent Bank, any other Paying Agent, any Exchange Rate Agent, any Transfer Agent and Registrar appointed hereunder.

Appears in 1 contract

Samples: Paying Agent and Agent Bank Agreement

Front-end expenses. The Ninth Issuer shall after receipt of an account of such expenses reimburse each Agent for its own account for all reasonable out-of-pocket expenses properly incurred by it in the negotiation, preparation and execution of this Agreement and for its own account for all reasonable out-of-pocket expenses (including, without limitation, reasonable legal fees and any reasonable communication, courier, postage and other out-of-pocket expenses) properly incurred in connection with its services hereunder (together with any amounts in respect of Irrecoverable VAT (against production of a valid VAT tax invoice)) provided that such expenses shall not have been incurred as a result of the Agent's negligence, fraud or wilful misconduct or bad faithmisconduct. The Principal Paying Agent will be responsible for distributing the remuneration and the relevant expenses of the Agent Bank, any other Paying Agent, any Transfer Agent and Registrar appointed hereunder.

Appears in 1 contract

Samples: Permanent Funding (No. 2) LTD

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Front-end expenses. The Ninth Master Issuer shall after receipt of an account of such expenses reimburse each Agent for its own account for all reasonable out-of-pocket expenses properly incurred by it in the negotiation, preparation and execution of this Agreement and for its own account for all reasonable out-of-pocket expenses (including, without limitation, reasonable legal fees and any reasonable communication, courier, postage and other out-of-pocket expenses) properly incurred in connection with its services hereunder (together with any amounts in respect of Irrecoverable VAT (against production of a valid VAT tax invoice)) provided that such expenses shall not have been incurred as a result of the Agent's negligence, fraud or wilful misconduct or bad faithmisconduct. The Principal Paying Agent will be responsible for distributing the remuneration and the relevant expenses of the Agent Bank, any other Paying Agent, any Transfer Agent and Registrar appointed hereunder.

Appears in 1 contract

Samples: Master Issuer Paying Agent and Agent Bank Agreement (Permanent Funding (No. 2) LTD)

Front-end expenses. The Ninth Master Issuer shall after receipt of an account of such expenses reimburse each Agent for its own account for all reasonable out-of-pocket expenses incurred by it in the negotiation, preparation and execution of this Agreement and for its own account for all reasonable out-of-pocket expenses (including, without limitation, reasonable legal fees and any reasonable communication, courier, postage and other out-of-pocket expenses) properly incurred in connection with its services hereunder (together with any amounts in respect of Irrecoverable VAT (against production of a valid VAT invoice)) provided that such expenses shall not have been incurred as a result of the Agent's ’s fraud, negligence, wilful misconduct or bad faith. The Principal Paying Agent will be responsible for distributing the remuneration and the relevant expenses of the Agent Bank, any other Paying Agent, any Transfer Agent and Registrar appointed hereunder.

Appears in 1 contract

Samples: Master Issuer Paying Agent and Agent Bank Agreement (Holmes Funding LTD)

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