Trustee Services Sample Clauses
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Trustee Services. 16.1 The Trustee will, or will procure that a Sub-Custodian will attend to the collection of all income due on any Trust Property (provided that the same will be at the risk of the Trust, the Trustee receives all necessary assistance from the Manager, and subject to clause 12.7 above) and will where appropriate assist in making any tax repayment claims to which the Manager may be entitled provided, having requested the same, it receives adequate information and assistance f rom the Manager to enable it to do so. The Trustee shall not in any event be personally liable for any tax or other government charges imposed upon or in respect of the Manager or the Trust Property or upon the income or gains thereon, provided that nothing in this clause 16.1 shall absolve the Trustee f rom any loss, liability or expense for which it would otherwise have been liable under clause 32.
16.2 In particular the Trustee will, or will procure that a Sub-Custodian will:
(a) inform the Manager and the Investment Manager of all proposed dividend payments and other distributions on or in respect of any Trust Property (of which it is reasonably aware);
(b) inform the Manager and the Investment Manager of all corporate actions relating to the Trust Property of which it has actualknowledge and take such actions in relation thereto as the Manager or the Investment Manager may from time to time direct via Authorised Instructions (provided such Authorised Instructions are received in sufficient time to take such action);
(c) credit to the Fund on behalf of which the relevant Trust Property is held all income received in respect of that Trust Property as soon as possible after receipt of cleared funds by the Trustee or a Sub-Custodian, as the case may be; and
(d) present for repayment all securities which may mature or becalled, repurchased, retired or otherwise become repayable, provided that where such action is discretionary, Authorised Instructions to this effect will be required prior to any action being taken by the Trustee.
16.3 In the absence of Authorised Instructions to the contrary, the Trustee may, and may authorise a Sub-Custodian to:
(a) exchange securities when the exchange is purely ministerial (including, without limitation, the exchange of interimreceipts or temporary securities or certificates for securities or certificates in definitive form and the exchange of warrants or other documents of entitlement to securities, for the securities themselves);
(b) surrender secu...
Trustee Services. The annual fee is waived for trustee services provided by ▇▇▇▇▇▇ 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 ▇▇▇▇▇▇ 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. 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:
(A) receive and deposit into an account established pursuant to the Accounting and Depositary Services Agreement, in its capacity as depositary agent for the Parties and the other Purchasing Utilities, all revenues received by Seller in connection with the sale of SNG on behalf of the Parties and the other Purchasing Utilities and all Incremental Revenues;
(B) calculate each month the items indicated in Section 5.5 (Adjustments for Consumer Protection Reserve Account) and transfer amounts accordingly pursuant thereto;
(C) track the cumulative sum of positive or negative monthly Savings Tracking Amount indexed to 2010 real dollars in the CRCSTA on a monthly basis;
(D) calculate the adjustments to the required balance of the Consumer Protection Reserve Account and the Monthly Invoice Contract Price based on information provided by Seller;
(E) verify the calculation of ...
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. To provide the Licensee Services, IFS requires the Trustee to provide the Trustee Services. The Trustee agrees to provide the Trustee Services.
Trustee Services. For the purposes of clause 3.4 of this Agreement, the Trustee will provide the following Trustee Services:
Trustee Services. 1.1 Set-up and Maintenance
Trustee Services