Payments to Trustee Sample Clauses

Payments to Trustee. The Consenting Party and the Issuer hereby agree that all payments to be made by the Consenting Party to the Issuer under the Assigned Agreements shall be made in immediately available funds, directly to the Trustee for deposit in accordance with Section 502 of the Indenture, without offset, abatement, withholding, or reduction except as may be authorized by the Assigned Agreements.
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Payments to Trustee. Any payment made to a trustee(s) will be subject to the following: a) Evidence of qualification of the trust must be furnished to us within 90 days of the effective date such payment is due. b) Such payment will be made to the executor or administrator of the estate of the deceased payee if evidence of qualification is not provided within such 90 days or if such trustee(s) disclaim all right to receive such payment. It is understood and agreed that the Company is not a party to or bound by the conditions of the trust. Payment to such trustee(s), or to the executor or administrator, if for any reason such trustee(s) does not qualify as provided herein, will be a complete discharge of the Company's obligations hereunder to the extent of the payments made. The Company will be under no further obligation to oversee administration of such payments.
Payments to Trustee. The Company agrees to pay (1) the initial acceptance fee of the Trustee and reasonable costs and expenses, including reasonable attorneys fees, incurred by the Trustee in entering into and executing the Indenture and the issuance of the Bonds and (2) until the principal of, premium, if any, and interest on the Bonds shall have been fully paid or provision for the payment thereof shall have been made in accordance with the provisions of the Indenture, (i) the reasonable annual fee of the Trustee for the ordinary services of the Trustee, as trustee, rendered and its reasonable ordinary expenses incurred under the Indenture, including reasonable attorneys fees, as and when the same become due, (ii) the reasonable fees, charges and expenses of the Trustee, as Bond Registrar and as Paying Agent, and any other Bond Registrar or Paying Agent on the Bonds, as and when the same become due, (iii) the reasonable fees, charges and expenses of the Trustee for the necessary extraordinary services rendered by it and extraordinary expenses incurred by it under the Indenture or this Agreement, as and when the same become due, including reasonable attorneys fees; provided, that the Company may, without creating a default hereunder, contest in good faith the necessity for any such extraordinary services and extraordinary expenses and the reasonableness of any such fees, charges, or expenses, and (iv) the cost of printing any Bonds required to be furnished by the Issuer. In the event the Company should fail to make any of the payments required in this Section 5.07, the item or installments so in default shall continue as an obligation of the Company until the amount in default shall have been fully paid.
Payments to Trustee. Deferred Salary Contributions and/or Xxxx Contributions shall be transmitted by the Employers to the Trustee at least as rapidly as is required by applicable law.
Payments to Trustee. At any time after any Relevant Event shall have occurred in relation to a particular Series, the Trustee may, by notice to the Issuer and/or Gazprom (with a copy to the Principal Paying Agent), require it to make all subsequent payments in respect of the Notes of such Series to or to the order of the Trustee and not to the Principal Paying Agent.
Payments to Trustee. An Employer, on behalf of itself and its employees who are Participants, may from time to time remit contributions under its Participating Plan to the Trustee. The trustees of any Participating Trust may from time to time transfer funds from the Participating Trust to the Trustee pursuant to procedures contained in the Program Interface Agreement. Such contributions and funds, together with any income thereon, shall be held in trust for the exclusive benefit of Participants. No one other than an Employer or the trustees of a Participating Trust may remit contributions or transfer funds to the Trustee to be held as part of the Trust Fund. The Trustee shall be accountable to the Employer or the trustees of a Participating Trust for the amounts so remitted or funds so transferred, and shall administer such amounts for the exclusive benefit of the Participants with respect to whom such amounts were received. The Trustee shall have no right or duty to verify that the contributions received by it comply with the provisions of the relevant Participating Plan or to enforce collection of any contributions from the Employer, trustees or any Participant. In the event that the Trustee receives contributions which the Trustee believes to be incorrect, upon receipt of such contributions the Trustee shall, pursuant to procedures contained in the Program Interface Agreement, attempt to contact the Employer or the trustees, as the case may be, in order to clarify or correct such contributions. The Trustee shall be relieved of any liability for interest or income if it refuses in the exercise of its reasonable fiduciary judgment to deposit such contributions in the Trust until the issue is resolved.
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Payments to Trustee. Before‑Tax Contributions shall be transmitted to the Trustee as soon as practicable, but in any event not later than the 15th business day of the month following the month in which such Contributions would otherwise have been paid to the Members.
Payments to Trustee. At any time after any Relevant Event, Potential Event of Default or Event of Default shall have occurred, the Trustee may, by notice to the Issuer and/or the Bank, require the Issuer and/or the Bank to make all subsequent payments as are required in respect of the Notes or the Loan Agreement, as the case may be, to or to the order of the Trustee and not to the Principal Paying Agent.
Payments to Trustee. Any amounts paid to Trustee pursuant to this Article VIII shall be deemed not to be a part of the Trust Estate immediately after such payment. Trustee shall also be entitled to interest on all advances at a rate equal to: (a) the rate publicly announced by Trustee, as its prime rate from time to time, plus (b) 3.5%.
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