Common use of Trustee Fee Clause in Contracts

Trustee Fee. The Trustee shall be entitled to receive the Trustee Fee (which shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust), for all services rendered by it in the execution of the trust created by this Trust Agreement and in the exercise and performance of any of the powers and duties under this Trust Agreement of the Trustee. No provision of this Trust Agreement or of the Certificates shall require the Trustee to expend or risk its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder or thereunder, or in the exercise of any of its rights or powers, if it shall have reasonable grounds for believing that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it.

Appears in 3 contracts

Samples: Trust Agreement (Banc of America Funding Corp), Trust Agreement (Banc of America Funding 2008-R3 Trust), Trust Agreement (Banc of America Funding 2008-R3 Trust)

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