Common use of Amounts Owed to Issuing Bank Clause in Contracts

Amounts Owed to Issuing Bank. An Issuing Bank shall have the right to receive solely for its own account, and in addition to the issuance fee provided for in Section 4.7(a)(i), such amounts as Borrower may agree, in writing, to pay for such Issuing Bank's out-of-pocket costs of issuing and servicing Facility Letters of Credit.

Appears in 2 contracts

Samples: Credit Agreement (MDC Holdings Inc), Credit Agreement (MDC Holdings Inc)

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Amounts Owed to Issuing Bank. An Issuing Bank shall have the right to receive solely for its own account, and in addition to the issuance fee provided for in Section 4.7(a)(i), account such amounts as Borrower may agree, in writing, to pay to such Issuing Bank with respect to issuance fees and for such Issuing Bank's out-of-pocket costs of issuing and servicing Facility Letters of Credit.

Appears in 1 contract

Samples: Credit Agreement (Biltmore South Corp)

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Amounts Owed to Issuing Bank. An Issuing Bank shall have the right to receive solely for its own account, and in addition to the issuance fee provided for in Section 4.7(a)(i), such amounts as Borrower may agree, in writing, to pay for such Issuing Bank's ’s out-of-pocket costs of issuing and servicing Facility Letters of Credit.

Appears in 1 contract

Samples: Credit Agreement (MDC Holdings Inc)

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