Common use of Payment of Trust Expenses Clause in Contracts

Payment of Trust Expenses. (a) The Trustee shall make demand on ContiMortgage to pay the amount of the expenses of the Trust (other than payments of premiums to the Certificate Insurer) (including Trustee's fees and expenses not covered by Section 7.03(b)(i)) and ContiMortgage shall promptly pay such expenses directly to the Persons to whom such amounts are due.

Appears in 8 contracts

Samples: Pooling and Servicing Agreement (Contisecurities Asset Funding Corp), Pooling and Servicing Agreement (Contimortgage Home Equity Trust 1998-1), Pooling and Servicing Agreement (Contisecurities Asset Funding Corp)

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Payment of Trust Expenses. (a) The Trustee shall make demand on ContiMortgage to pay the amount of the expenses of the Trust (other than payments of premiums to the Certificate Insurer) (including Trustee's fees and expenses not covered by Section 7.03(b)(i) or (c)(i)) and ContiMortgage shall promptly pay such expenses directly to the Persons to whom such amounts are due.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Contimortgage Home Equity Loan Trust 1997-2), Pooling and Servicing Agreement (Contimortgage Home Equity Loan Trust 1997-3)

Payment of Trust Expenses. (a) The Trustee shall make demand on ContiMortgage to pay the amount of the expenses of the Trust (other than payments of premiums to the Certificate Insurer) (including Trustee's fees and expenses not covered by Section 7.03(b)(i)) and ContiMortgage shall promptly pay such expenses directly to the Persons to whom such amounts are due.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Contimortgage Home Equity Loan Trust 1997-1)

Payment of Trust Expenses. (a) The Trustee shall make demand on ContiMortgage to pay the amount of the expenses of the Trust (other than payments of premiums to the Certificate Insurer) (including Trustee's fees and expenses not covered by Section 7.03(b)(i7.03(c)(iv)(A)) and ContiMortgage shall promptly pay such expenses directly to the Persons to whom such amounts are due.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Contimortgage Home Equity Loan Trust 1996-4)

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Payment of Trust Expenses. (a) The Trustee shall make demand on ContiMortgage to pay the amount of the expenses of the Trust (other than payments of premiums to the Certificate Insurer) (), including Trustee's fees and expenses not covered by Section 7.03(b)(i)) hereof, and ContiMortgage shall promptly pay such expenses directly to the Persons to whom such amounts are due.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Contisecurities Asset Funding Corp)

Payment of Trust Expenses. (a) The Trustee shall make demand on ContiMortgage to pay the amount of the expenses of the Trust (other than payments of premiums to the Certificate Insurer) (including Trustee's fees and expenses not covered by Section 7.03(b)(i)) and ContiMortgage shall promptly pay such expenses directly to the Persons to whom such amounts are due. The Depositor shall pay directly the reasonable fees and expenses of counsel to the Trustee.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Contisecurities Asset Funding Corp)

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