Trustee Expenses definition

Trustee Expenses means the trustee expenses set forth in the Trustee and Collateral Custodian Fee Letter and any other accrued and unpaid fees, expenses (including reasonable attorneys’ fees, costs and expenses) and indemnity amounts payable by the Borrower or the Servicer to the Trustee under the Transaction Documents.

Trustee Expenses means Expenses incurred by the Trustee or any receiver in preparing and executing the trusts in the Trust Deed (including any Taxes required to be paid, the costs of realising any security and the Trustee’s remuneration).

Trustee Expenses means the fees and expenses of the Trustee set forth in Section 7.04 of this Indenture.

Examples of Trustee Expenses in a sentence

• If the Trustee is removed upon three months’ written notice pursuant to paragraph (4) of the section entitled “Removal of Trustee” above, all costs and expenses (including the Trustee’s legal costs) properly incurred by the Trustee in respect of such removal shall be Trustee Expenses.

• Section 185 of the Charities Act 2011 includes a power to pay trustees for goods or services delivered to the charity, provided that: a) such payment is not expressly prohibited by the governing document; b) only a minority of trustees are so paid; and c) other conditions are met (Charity Commission Publication, "Trustee Expenses and Payments," CC11, March 2012).

• If the creditor incurs the requested expense in connection with a claim described in FRBP 3002.1(a), an objection to the expenses must be filed within the time limits provided by FRBP 3002.1. (i) Trustee Expenses.

• Trustees are responsible to ensure compliance with the Employee and Trustee Expenses Policy (P016) and the Board Member Code of Conduct (P075) when determining how their discretionary budget is spent in order to meet the unique needs of the constituents in their ward.

• Trustee Expenses and Indemnity Amounts not to exceed $250,000 per annum.

More Definitions of Trustee Expenses

Trustee Expenses. The reasonable out-of-pocket expenses to be paid to the Trustee under and in accordance with the Backup Servicer and Trustee Fee Letter.

Trustee Expenses means the expenses incurred by the Trustee in connection with the performance of its duties under the Indenture, including attorney fees and expenses.

Trustee Expenses means all costs, losses, liabilities and expenses of or incurred by or on behalf of the Second Creditor in its role as Trustee under the Trust Deed (including any remuneration owing to the Second Creditor) and which are not Enforcement Expenses.

Trustee Expenses means, with respect to any Payment Date, an amount equal to the sum of all expenses or indemnities incurred by or otherwise owing to the Trustee during the preceding Due Period in accordance with the Indenture, other than the Trustee Fee, including, without limitation, any expenses or indemnities incurred by the Trustee (and the Bank) in any of its capacities (including in its capacity as Collateral Administrator, Calculation Agent, Note Paying Agent, Income Note Paying Agent and Registrar).

Trustee Expenses means the out-of-pocket expenses to be paid to the Trustee under the Backup Servicer and Trustee Fee Letter. “Trustee Fee” means the fee to be paid to the Trustee as set forth in the Backup Servicer and Trustee Fee Letter.

Trustee Expenses means any and all reasonable expenses, disbursements or advances incurred or made by the Owner Trustee or the Indenture Trustee in accordance with the Transaction Documents, in each case to the extent not previously paid to the Owner Trustee or the Indenture Trustee.

Trustee Expenses means any fees and expenses of the Trustee which the Lender may elect to advance.