Ordinary Expenses definition

Ordinary Expenses means the Trustee's ordinary expenses and overhead in connection with its services as Trustee, including the items referred to in the definition of Ordinary Expenses in the Standard Terms.
Ordinary Expenses. The compensation due to the Trustee for Ordinary Expenses as defined in the Standard Terms, which, with respect to Ordinary Expenses other than those referred to in clause (iii) of such definition and other than the costs of converting to EDGAR format the periodic reports required for the Trust under the Exxxxxxe Act, shall be fixed at $2,000 per annum (payable in semi-annual installments of $1,000).
Ordinary Expenses. The Trustee's customary fee for its services as Trustee, as set forth in the related Supplement, including but not limited to (i) the costs and expenses of preparing, sending and receiving all reports, statements, notices, returns, filings, solicitation of consent or instructions, or other communications required by this Trust Agreement, (ii) the costs and expenses of holding and making ordinary collection or payments on the assets of the Trust and of determining and making distributions, (iii) the costs and expenses of the Trust's or Trustee's counsel, accountants and other experts for ordinary or routine consultation or advice in connection with the establishment, administration and termination of the Trust, and (iv) any other costs and expenses that are, or reasonably should have been, expected to be incurred in the ordinary course of administration of the Trust.

Examples of Ordinary Expenses in a sentence

  • If the total ordinary expenses are greater than the Maximum Ordinary Expenses, Ridgewood will reimburse the Fund the amount of such excess.

  • The Maximum Ordinary Expenses acts as a cap on the management fee and ordinary expenses of the Fund.

  • We selected two criteria from the student-centeredness instrument — curricular characteristics and technology role — to analyze the lessons through the lens of learning with technology vs.

  • The maximum management fee of each class of units of the Fund is equal to the Maximum Ordinary Expenses, which is the percentage of the weighted average net asset value of each class of units of the Fund as shown below, less the Ordinary Expenses (as defined below) of each class of units of the Fund.

  • These expenses are not included in the Maximum Ordinary Expenses and accordingly are attributable to both the class A units and the class F units of the Fund, as applicable.


More Definitions of Ordinary Expenses

Ordinary Expenses means those services normally rendered and those expenses including fees and expenses of Counsel, normally incurred by a trustee or paying agent under instruments similar to the Indenture and the Tax Agreement.
Ordinary Expenses. The Trustee's customary fee for its services as Trustee, including but not limited to (i) the costs and expenses of preparing, sending and receiving all reports, statements, notices, returns, filings, solicitation of consent or instructions, or other communications required by this Trust Agreement, (ii) the costs and expenses of holding and making ordinary collection or payments on the assets of the Trust and of determining and making distributions, (iii) the costs and expenses of the Trust's or Trustee's counsel, accountants and other experts for ordinary or routing consultation or advice in connection with the establishment, administration and termination of the Trust, and (iv) any other costs and expenses that are, or reasonably should have been, expected to be incurred in the ordinary course of administration of the Trust.
Ordinary Expenses means total expenses less certain special expenses included in “Other expenses” in the semi-annual consolidated statements of income.
Ordinary Expenses mean those services normally rendered, and those expenses normally incurred, by a trustee under instruments similar to this Indenture.
Ordinary Expenses means the compensation due the Trustee for Ordinary Expenses (as defined in the Standard Terms), which shall be fixed and prepaid by the Depositor.
Ordinary Expenses means the compensation due the Trustee for Ordinary Expenses (as defined in the Standard Terms), payable in accordance with the fee letter dated as of March 14, 1997 between the Depositor and the Trustee, which compensation shall be payable by the holder of the Retained Interest. The Trustee will be permitted to deduct its compensation from periodic distributions on the Interest Strip.
Ordinary Expenses. Unless otherwise provided in a Series Supplement, the Trustee's customary fee for its services as Trustee, including but not limited to (i) the costs and expenses of preparing, sending and receiving all reports, statements, notices, returns, filings, solicitation of consent or instructions, or other communications required by this Trust Agreement, (ii) the costs and expenses of holding and making ordinary collection or payments on the assets of the Trust and of determining and making distributions, (iii) the costs and expenses of the Trust's or Trustee's counsel, accountants and other experts for ordinary or routine consultation or advice in connection with the establishment, administration and termination of the Trust, and (iv) any other costs and expenses that are, or reasonably should have been, expected to be incurred in the ordinary course of administration of the Trust.