Common use of Trustee Compensation Clause in Contracts

Trustee Compensation. Grantor shall pay the Trustee any necessary fees for services rendered. Where the Grantor is no longer in existence, the Trustee is authorized to charge against the Trust its published Trust fee schedule in effect at the time services are rendered. However, all Trustee compensation charged against the Trust shall be paid only from trust income unless the Agency authorizes payment from the trust principal in writing.

Appears in 16 contracts

Sources: Trust Fund Agreement, Mitigation Bank Trust Fund Agreement, Trust Fund Agreement

Trustee Compensation. Grantor shall pay the Trustee any necessary fees for services rendered. Where the Grantor is no longer in existence, the Trustee is authorized to charge against the Trust its published Trust fee schedule in effect at the time services are rendered. However, all Trustee compensation charged against the Trust shall be paid only from trust income income, unless the Agency authorizes in writing payment from the trust principal in writingprincipal.

Appears in 16 contracts

Sources: Mitigation Bank Standby Trust Fund Agreement, Mitigation Bank Standby Trust Fund Agreement, Mitigation Bank Standby Trust Fund Agreement

Trustee Compensation. Grantor shall pay the Trustee any necessary fees for services rendered. Where the Grantor is no longer in existence, the Trustee is authorized to charge against the Trust its published Trust fee schedule in effect at the time services are rendered. However, all Trustee compensation charged against the Trust shall be paid only from trust income unless the Agency District authorizes payment from the trust principal in writing.

Appears in 10 contracts

Sources: Mitigation Bank Trust Fund Agreement, Mitigation Bank Standby Trust Fund Agreement, Mitigation Bank Standby Trust Fund Agreement

Trustee Compensation. Grantor shall pay the Trustee any necessary fees for services rendered. Where the Grantor is no longer in existence, the Trustee is authorized to charge against the Trust its published Trust fee schedule in effect at the time services are rendered. However, all Trustee compensation charged against the Trust shall be paid only from trust income income, unless the Agency authorizes payment from the trust principal in writing.

Appears in 6 contracts

Sources: Mitigation Bank Trust Fund Agreement, Mitigation Bank Trust Fund Agreement, Mitigation Bank Trust Fund Agreement

Trustee Compensation. Grantor shall pay the Trustee any necessary fees for services rendered. Where the Grantor is no longer in existence, the Trustee is authorized to charge against the Trust its published Trust fee schedule in effect at the time services are rendered. However, all Trustee compensation charged against the Trust shall be paid only from trust income income, unless the Agency District authorizes payment from the trust principal in writing.

Appears in 5 contracts

Sources: Mitigation Bank Trust Fund Agreement, Mitigation Bank Trust Fund Agreement, Mitigation Bank Trust Fund Agreement

Trustee Compensation. Grantor shall pay the Trustee any necessary fees for services rendered. Where the Grantor is no longer in existence, the Trustee is authorized to charge against the Trust its published Trust fee schedule in effect at the time services are rendered. However, all Trustee compensation charged against the Trust shall be paid only from trust income unless the Agency authorizes payment from the trust principal in writing.

Appears in 4 contracts

Sources: Mitigation Bank Standby Trust Fund Agreement, Mitigation Bank Standby Trust Fund Agreement, Mitigation Bank Standby Trust Fund Agreement

Trustee Compensation. Grantor shall pay the Trustee any necessary fees for services rendered. Where the Grantor is no longer in existence, the Trustee is authorized to charge against the Trust its published Trust fee schedule in effect at the time services are rendered. However, all Trustee compensation charged against the Trust shall be paid only from trust income income, unless the Agency District authorizes in writing payment from the trust principal in writingprincipal.

Appears in 4 contracts

Sources: Mitigation Bank Standby Trust Fund Agreement, Trust Agreement, Mitigation Bank Standby Trust Fund Agreement