Common use of Compensation of Trustee Clause in Contracts

Compensation of Trustee. Trustor shall pay to Trustee reasonable compensation and reimbursement for services and expenses in the administration of this trust, including, without limitation, reasonable attorneys’ fees. Trustor shall pay all indebtedness arising under this Section immediately upon demand by Trustee or Beneficiary together with interest thereon from the date the indebtedness arises at the rate of interest then applicable to the principal balance of the Note as specified therein.

Appears in 5 contracts

Samples: Leases and Security Agreement (Paladin Realty Income Properties Inc), Leases and Security Agreement (Cole Credit Property Trust III, Inc.), Security Agreement (KBS Real Estate Investment Trust, Inc.)

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Compensation of Trustee. Trustor shall pay to Trustee reasonable compensation and reimbursement for services and expenses in the administration of this trust, including, without limitation, reasonable attorneys' fees. Trustor shall pay all indebtedness arising under this Section immediately upon demand by Trustee or Beneficiary together with interest thereon from the date the indebtedness arises at the rate of interest then applicable to the principal balance of the Note as specified therein.

Appears in 4 contracts

Samples: Leases and Security Agreement (Protein Design Labs Inc/De), Leases and Security Agreement (Protein Design Labs Inc/De), Leases and Security Agreement (Manufactured Home Communities Inc)

Compensation of Trustee. Trustor shall pay to Trustee reasonable compensation and reimbursement for services and expenses in the administration of this trusttrust pursuant to C.R.S. Sections 00-00-000 et seq., including, without limitation, reasonable attorneys' fees. Trustor shall pay all indebtedness arising under this Section immediately upon demand by Trustee or Beneficiary together with interest thereon from the date the indebtedness arises at the rate of interest then applicable to the principal balance of the Note as specified therein.

Appears in 1 contract

Samples: Leases and Security Agreement (Manufactured Home Communities Inc)

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Compensation of Trustee. Trustor shall pay to Trustee reasonable compensation and reimbursement for services and expenses in the administration of this trust, including, without limitation, reasonable attorneys’ fees. Trustor shall pay all indebtedness arising under this Section immediately upon demand by Trustee or Beneficiary together with interest thereon from the date the indebtedness arises of written demand thereof at the rate of interest then applicable to the principal balance of the Note as specified therein.

Appears in 1 contract

Samples: Security Agreement (Industrial Income Trust Inc.)

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