Common use of Evaluator's Compensation Clause in Contracts

Evaluator's Compensation. As compensation for its services hereunder, the Evaluator shall receive against a statement therefor submitted to the Trustee monthly on or before each monthly Computation Day the amount set forth in Part II of the applicable Reference Trust Agreement.

Appears in 2 contracts

Sources: Trust Indenture and Agreement (Empire State Municipal Exempt Trust Guaranteed Series 134), Trust Indenture (Empire State Municipal Exempt Trust Guaranteed Series 182)

Evaluator's Compensation. As compensation for its services hereunder, the Evaluator shall receive against a statement therefor submitted to the Trustee monthly on or before each monthly Computation Day the amount set forth in Part II of the applicable Reference Trust Agreement, provided that if at any time the fee of the Trustee shall have been increased pursuant to Section 6.4, the compensation of the Evaluator shall at the same time be ratably increased.

Appears in 1 contract

Sources: Trust Indenture (Glickenhaus Special Situations Trust Series 1)