Common use of Acceptance Fees Clause in Contracts

Acceptance Fees. For any bankers’ acceptance created hereunder by Bank’s acceptance of a draft presented under a usance commercial Letter of Credit, Borrower shall pay to Bank, in addition to such processing and other fees as may be due to Bank in connection with such Letter of Credit, an acceptance fee for each such acceptance, payable on the date it is created, determined in accordance with Bank’s standard fees and charges in effect at the time such acceptance is created. Bank shall have no obligation to repay all or any portion any acceptance fee in the event an acceptance is paid prior to maturity, by acceleration or otherwise.

Acceptance Fees. For any bankers’ ' acceptance created hereunder by Bank’s 's acceptance of a draft presented under a usance commercial Letter of Credit, Borrower shall pay to Bank, in addition to such processing and other fees as may be due to Bank in connection with such Letter of Credit, an acceptance fee for each such acceptance, payable on the date it is created, determined in accordance with Bank’s 's standard fees and charges in effect at the time such acceptance is created. Bank shall have no obligation to repay all or any portion any acceptance fee in the event an acceptance is paid prior to maturity, by acceleration or otherwise.

Acceptance Fees. For any bankers’ acceptance Acceptance created hereunder by Bank’s 's acceptance of a draft presented under a usance commercial Letter of Credit, Borrower shall pay to Bank, in addition to such processing and other fees as may be due to Bank in connection with such Letter of Credit, an acceptance fee for each such acceptanceAcceptance, payable on the date it is created, determined in accordance with Bank’s 's standard fees and charges in effect at the time such acceptance Acceptance is created. Bank shall have no obligation to repay all or any portion of any acceptance fee in the event an acceptance Acceptance is paid prior to maturity, by acceleration or otherwise.