Trustee Services. By no later than the Financial Closing Date, the Trustee, the Parties and the other Purchasing Utilities shall collectively enter into an Accounting and Depositary Services Agreement, pursuant to which the Parties and the other Purchasing Utilities will engage the Trustee, to perform inter alia, the accounting services and account depositary services described below. The initial Accounting and Depositary Services Agreement shall (i) provide for an initial term of ten (10) years from the date that Seller issues the Notice to Proceed, subject to early termination for the Trustee’s breach or event of default thereunder and subject to the renewal options set forth therein; and (ii) establish general parameters by which the Trustee will perform accounting and account depositary services described below. At least one (1) year prior to the expiration of the term of the initial Accounting and Depositary Services Agreement, the Parties and the other Purchasing Utilities shall meet to determine whether such Accounting and Depositary Services Agreement shall be renewed pursuant to the renewal options set forth therein or whether to consider proposals for a replacement Trustee. The Parties and the other Purchasing Utilities shall cooperate and coordinate with each other to ensure that an Accounting and Depositary Services Agreement as contemplated by and meeting the requirements of this Agreement is in place at all times during the Term. The Accounting and Depositary Services Agreement shall obligate the Trustee to perform certain services identified therein, including, inter alia, the following services:
Trustee Services. 3.4 To provide the Licensee Services, IFS requires the Trustee to provide the Trustee Services. The Trustee agrees to provide the Trustee Services. (Extract from page 11)
Trustee Services. For the purposes of clause 3.4 of this Agreement, the Trustee will provide the following Trustee Services:
Trustee Services. The annual fee is waived for trustee services provided by Xxxxxx Fiduciary Trust Company on those assets of the Trust which are Outside Assets, except for Company Stock. The Company agrees to pay the Trustee for trustee services provided by Xxxxxx Fiduciary Trust Company for Company Stock held in the Trust as follows: .05% on stock up to $50 Million .025% on stock from $50 to $100 Million .01% on stock over $100 Million Fees for Trustee services will be billed quarterly based upon the value of the assets as determined on the last business day of each month (not applicable for flat fees).
Trustee Services. The Association agrees to pay all costs associated with Trustee's services as they apply to the administration of the Note secured by the Deed of Trust. All costs
Trustee Services. 1.1 Set-up and Maintenance
Trustee Services
