Common use of Additional Remuneration Clause in Contracts

Additional Remuneration. In the event of an Issuer Event of Default, a Guarantor Event of Default, Potential Issuer Event of Default or Potential Guarantor Event of Default occurring or in the event of the Bond Trustee finding it expedient or necessary or being required by the Issuer or (as the case may be) the Guarantor to undertake any duties which the Bond Trustee and the Issuer or the Guarantor agree to be of an exceptional nature or otherwise outside the scope of the normal duties of the Bond Trustee under or pursuant to this Agreement, the Issuer or the Guarantor shall pay to the Bond Trustee such additional remuneration as shall be agreed between the Bond Trustee and the Guarantor.

Appears in 8 contracts

Samples: General Security Agreement, General Security Agreement, General Security Agreement

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Additional Remuneration. In the event of an Issuer Event of Default, a Guarantor LP Event of Default, Potential Issuer Event of Default or Potential Guarantor LP Event of Default occurring or in the event of the Bond Trustee finding it expedient or necessary or being required by the Issuer or (as the case may be) the Guarantor LP to undertake any duties which the Bond Trustee and the Issuer or the Guarantor LP agree to be of an exceptional nature or otherwise outside the scope of the normal duties of the Bond Trustee under or pursuant to this Agreement, the Issuer or the Guarantor LP shall pay to the Bond Trustee such additional remuneration as shall be agreed between the Bond Trustee and the GuarantorGuarantor LP.

Appears in 2 contracts

Samples: General Security Agreement (RBC Covered Bond Guarantor Limited Partnership), General Security Agreement (RBC Covered Bond Guarantor Limited Partnership)

Additional Remuneration. β€Œ In the event of an Issuer Event of Default, a Guarantor Event of Default, Potential Issuer Event of Default or Potential Guarantor Event of Default occurring or in the event of the Bond Trustee finding it expedient or necessary or being required by the Issuer or (as the case may be) the Guarantor to undertake any duties which the Bond Trustee and the Issuer or the Guarantor agree to be of an exceptional nature or otherwise outside the scope of the normal duties of the Bond Trustee under or pursuant to this Agreement, the Issuer or the Guarantor shall pay to the Bond Trustee such additional remuneration as shall be agreed between the Bond Trustee and the Guarantor.

Appears in 1 contract

Samples: General Security Agreement

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Additional Remuneration. β€Œ In the event of an Issuer Event of Default, a Guarantor LP Event of Default, Potential Issuer Event of Default or Potential Guarantor LP Event of Default occurring or in the event of the Bond Trustee finding it expedient or necessary or being required by the Issuer or (as the case may be) the Guarantor LP to undertake any duties which the Bond Trustee and the Issuer or the Guarantor LP agree to be of an exceptional nature or otherwise outside the scope of the normal duties of the Bond Trustee under or pursuant to this Agreement, the Issuer or the Guarantor LP shall pay to the Bond Trustee such additional remuneration as shall be agreed between the Bond Trustee and the GuarantorGuarantor LP.

Appears in 1 contract

Samples: General Security Agreement

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