Examples of Trust Expenses in a sentence
In addition, the Sponsor may pay Additional Trust Expenses on behalf of the Trust, which are reimbursable by the Trust to the Sponsor.
For the three months ended March 31, 2022 and 2021, the Sponsor did not pay any Additional Trust Expenses on behalf of the Trust.Grayscale Zcash Trust (ZEC) Notes to Unaudited Financial Statements 6.
The Liquidating Trust Reserve shall be held separately from the other Liquidating Trust Assets and shall be used to (a) fund the Wind- Down Manager Reserve, (b) satisfy all Allowed Administrative Claims, Allowed Priority Tax Claims, Allowed Priority Non-Tax Claims, and Allowed Secured Claims not paid by the Debtors on or prior to the Effective Date, (c) fund Disputed Claims Reserves relating to such Claims, (d) fund the Liquidating Trust Expenses, and (e) fund the Prepetition Junior Loan Agent Fee Reserve.
For the three and six months ended December 31, 2023 and 2022, the Sponsor did not pay any Additional Trust Expenses on behalf of the Trust.
Each Trustee’s allocation of Trust Expenses shall be binding absent manifest error.