Common use of Additional Charges of Letter of Credit Issuer Clause in Contracts

Additional Charges of Letter of Credit Issuer. The Borrowers agree to pay directly to each Letter of Credit Issuer upon each issuance of, drawing under, or amendment, extension, renewal or transfer of, a Letter of Credit issued by it such amount as shall at the time of such issuance, drawing, amendment, extension, renewal or transfer be the administrative or processing charge that such Letter of Credit Issuer is customarily charging for issuances of, drawings under or amendments, extensions, renewals or transfers of, letters of credit issued by it.

Appears in 3 contracts

Samples: Credit Agreement (Gibraltar Industries, Inc.), Credit Agreement (Central Hudson Gas & Electric Corp), Credit Agreement (Ch Energy Group Inc)

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Additional Charges of Letter of Credit Issuer. The Borrowers agree Borrower agrees to pay directly to each Letter of Credit Issuer upon each issuance of, drawing under, or amendment, extension, renewal or transfer of, a Letter of Credit issued by it such amount as shall at the time of such issuance, drawing, amendment, extension, renewal or transfer be the administrative or processing charge that such Letter of Credit Issuer is customarily charging for issuances of, drawings under or amendments, extensions, renewals or transfers of, letters of credit issued by it.

Appears in 3 contracts

Samples: Credit Agreement (Ch Energy Group Inc), Credit Agreement (American Dental Partners Inc), Credit Agreement (American Dental Partners Inc)

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Additional Charges of Letter of Credit Issuer. The Borrowers agree Company agrees to pay directly to each Letter of Credit Issuer upon each issuance of, drawing under, or and/or amendment, extension, renewal or transfer of, a Letter of Credit issued by it such amount as shall at the time of such issuance, drawing, amendment, extension, renewal or transfer be the administrative or processing charge that which such Letter of Credit Issuer is customarily charging for issuances of, drawings under or amendments, extensions, renewals or transfers of, letters of credit issued by it.

Appears in 2 contracts

Samples: Credit Agreement (Om Group Inc), Credit Agreement (Stoneridge Inc)

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