Common use of EXPENSES AND COMMISSIONS Clause in Contracts

EXPENSES AND COMMISSIONS. Every Trustee shall be reimbursed for the reasonable costs and expenses incurred in connection with such Trustee's duties. The alternate and successor Trustees including any Corporate Fiduciary shall be entitled to fair and reasonable compensation for services rendered by such Trustee in an amount not exceeding the customary and prevailing charges for services of a similar character at the time and place such services are performed.