Extraordinary Trust Fund Expense definition

Extraordinary Trust Fund Expense. Any amounts reimbursable to the Trustee, or any director, officer, employee or agent of the Trustee, from the Trust Fund pursuant to Section 8.05, any amounts payable from the Distribution Account in respect of taxes pursuant to Section 10.01(g)(iii) and any amounts payable by the Trustee for the recording of the assignments of mortgage pursuant to Section 2.01.
Extraordinary Trust Fund Expense. Any amounts reimbursable to the Master Servicer pursuant to Section 3A.03 or Section 6.03, to the Trustee pursuant to Section 3.06 or Section 7.02, to the Servicer, the Trustee or the Trust Administrator, or any director, officer, employee or agent of the Trustee or the Trust Administrator from the Trust Fund pursuant to Section 6.03, Section 8.05 or Section 10.01(c) and any amounts payable from the Distribution Account in respect of taxes pursuant to Section 10.01(g)(iii).
Extraordinary Trust Fund Expense. Any amounts payable (other than fees) or reimbursable to the Securities Administrator, the Trustee, the Custodian or any director, officer, employee or agent of the Securities Administrator, the Trustee or the Custodian, from the Trust Fund pursuant to Sections 2.02, 2.03, 7.01(c), 8.05 or 8.15 herein, or Section 25 of the Custodial Agreement and any amounts payable from the Distribution Account in respect of taxes pursuant to Section 10.01(g)(iii), any amounts payable from the Distribution Account in respect of any REMIC administration pursuant to Section 10.01(c).

Examples of Extraordinary Trust Fund Expense in a sentence

  • Except as otherwise provided herein, no expenses incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Collection Account or the Distribution Account; such expenses incurred by the Trustee or the Custodian shall be paid by the Trustee and reimbursable from the Trust Fund as an Extraordinary Trust Fund Expense.

  • Except as otherwise provided herein, no expenses incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Collection Account or the Distribution Account; such expenses incurred by the Trustee or the Custodian shall be paid by the Trustee and reimburseable from the Trust Fund as an Extraordinary Trust Fund Expense.

  • The Trustee will make a demand for Payment as soon as reasonably practicable following notice to the Trustee of the occurrence of a Realized Loss, a Limited Guaranty Draw Loan Reduction or an Extraordinary Trust Fund Expense.

  • August 26, 2000 – By Kevin Simpson Denver Post Staff Writer Water rescue experts nationwide contend that no amount of training or equipment could have saved Denver firefighter Robert Crump, whose spontaneous attempt to rescue a woman in swirling floodwaters cost him his life.

  • The Trustee shall be entitled to reimbursement for all costs and expenses incurred by it under this Section 9.02, which costs and expenses shall constitute an Extraordinary Trust Fund Expense and be reimbursable in accordance with Section 4.01.


More Definitions of Extraordinary Trust Fund Expense

Extraordinary Trust Fund Expense. Any amounts reimbursable to the Trustee or the Delaware Trustee, or any director, officer, employee or agent of the Trustee or the Delaware Trustee, as applicable, from the Trust pursuant to Section 8.05, any amounts payable from the Distribution Account in respect of taxes pursuant to Section 10.01(g)(iii), any amounts payable from the Distribution Account in respect of any REMIC pursuant to Section 10.01(c), any amounts payable from the Trust as a trustee fee for any successor trustee and any amounts payable by the Trustee for the recording of the assignments of mortgage pursuant to Section 2.01.
Extraordinary Trust Fund Expense. Any amounts reimbursable to the Trustee or the Trust Administrator, or any director, officer, employee or agent of the Trustee or the Trust Administrator, from the Trust Fund pursuant to Section 8.05, any amounts payable from the Distribution Account in respect of taxes pursuant to Section 10.01(g)(iii), any amounts payable from the Distribution Account in respect of any REMIC pursuant to Section 10.01(c), any amounts payable from the Trust Fund as a trustee fee for any successor trustee and any amounts payable by the Trustee or the Trust Administrator for the recording of the assignments of mortgage pursuant to Section 2.01.
Extraordinary Trust Fund Expense. Any amounts payable from the Distribution Account in respect of taxes pursuant to Section 2.06, 2.12, 2.16, 2.19, or 2.22, any amounts payable from the Distribution Account in respect of any REMIC pursuant to Section 3.11, and any amounts payable from the Trust Fund as a trustee fee for any successor trustee calculated at a trustee fee rate in excess of the Trustee Fee Rate.
Extraordinary Trust Fund Expense. Any indemnification amounts reimbursable to the Trustee or the Trust Administrator or any director, officer, employee or agent of the Trustee or the Trust Administrator from the Trust Fund pursuant to Section 8.05, any amounts reimbursable to the Trustee or the Trust Administrator pursuant to Section 10.01(c), any amounts payable from the Distribution Account in respect of taxes pursuant to Section 10.01(g)(iii), any indemnification amounts reimbursable to the Depositor or the Servicer pursuant to Section 6.03 and any costs of the Trust Administrator for the recording of the Assignments pursuant to Section 2.01 (to the extent the Originator fails to pay such costs).
Extraordinary Trust Fund Expense. Any amounts reimbursable to the Trustee or any director, officer, employee or agent of the Trustee from the Trust Fund pursuant to Section 8.05 or Section 10.01(c), any amounts payable from the Distribution Account in respect of taxes pursuant to Section 10.01(g)(iii), any costs incurred by the Trustee endorsing any Mortgage Notes delivered in blank under Section 2.01 or recording the Assignments pursuant to Section 2.01 (to the extent the Responsible Parties are unable to pay such costs) and any amounts reimbursable to the Trustee, the Depositor or the Master Servicer, or any director, officer, employee or agent of the Depositor or the Master Servicer pursuant to Section 3.02, Section 3.06 or Section 6.03 and any other amounts payable or reimbursable from the Trust Fund as Extraordinary Trust Fund Expenses pursuant to the terms of this Agreement.
Extraordinary Trust Fund Expense. Any amounts reimbursable to the Trustee, or any director, officer, employee or agent of the Trustee, from the Trust Fund pursuant to Section 2.02, 3.02(b) or 8.05(a), any amounts payable from the Distribution Account in respect of taxes pursuant to Section 10.01(g)(iii), any amounts payable from the Distribution Account in respect of any REMIC Administration pursuant to Section 10.01(c) and any amounts payable from the Trust Fund as a trustee fee or any successor trustee and any amounts payable by the Trustee pursuant to Section 2.02.
Extraordinary Trust Fund Expense. Any amounts reimbursable to the Trustee or any director, officer, employee or agent of the Trustee from the Trust Fund pursuant to Section 8.05 or Section 10.01(c), any amounts payable from the Distribution Account in respect of taxes pursuant to Section 10.01(g)(iii), any costs incurred by the Trustee endorsing any Mortgage Notes delivered in blank under Section 2.01 or recording the Assignments pursuant to Section 2.01 (to the extent the Seller is unable to pay such costs) and any costs incurred by the Trustee under Section 9 or Section 18 of the Custodial Agreement.