Common use of Commission and Fees Clause in Contracts

Commission and Fees. 1. The Bank shall charge, in addition to interest, a commission on loans made or participated in as part of its ordinary operations. The terms and conditions of this commission shall be determined by the Board of Directors. 2. Inguaranteeing a loanaspartofitsordinaryoperations, or inunderwriting the sale of securities, the Bank shall charge fees, payable at rates and time determined by the Board of Directors, to provide suitable compensation for its risks. 3. The Board of Directors may determine any other charges of the Bank in its ordinary operations and any commission, fees or other charges in its special operations.

Appears in 1 contract

Samples: Agreement Establishing the European Bank for Reconstruction and Development

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Commission and Fees. 1. The Bank shall charge, in addition to interest, a commission on loans made or participated in as part of its ordinary operations. The terms and conditions of this commission shall be determined by the Board of Directors. 2. Inguaranteeing In guaranteeing a loanaspartofitsordinaryoperationsloan as part of its ordinary operations, or inunderwriting in underwriting the sale of securities, the Bank shall charge fees, payable at rates and time times determined by the Board of Directors, to provide suitable compensation for its risks. 3. The Board of Directors may determine any other charges of the Bank in its ordinary operations and any commission, fees or other charges in its special operations.

Appears in 1 contract

Samples: Agreement Establishing the European Bank for Reconstruction and Development (Ebrd)

Commission and Fees. 1. The Bank shall charge, in addition to interest, a commission on loans made or participated in as part of its ordinary operations. The terms and conditions of this commission shall be determined by the Board of Directors. 2. Inguaranteeing In guaranteeing a loanaspartofitsordinaryoperationsloan as part of its ordinary operations, or inunderwriting in underwriting the sale of securities, the Bank shall charge fees, payable at rates and time determined by the Board of Directors, to provide suitable compensation for its risks. 3. The Board of Directors may determine any other charges of the Bank in its ordinary operations and any commission, fees or other charges in its special operations.

Appears in 1 contract

Samples: Agreement Establishing the European Bank for Reconstruction and Development

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Commission and Fees. 1. The Bank shall charge, in addition to interest, a commission on loans made or participated in as part of its ordinary operations. The terms and conditions of this commission shall be determined by the Board of Directors. 2. Inguaranteeing In guaranteeing a loanaspartofitsordinaryoperationsloan as part of its ordinary operations, or inunderwriting in under- writing the sale of securities, the Bank shall charge fees, payable at rates and time determined by the Board of Directors, to provide suitable compensation com- pensation for its risks. 3. The Board of Directors may determine any other charges of the Bank in its ordinary operations and any commission, fees or other charges in its special operations.. Appendix H • 491

Appears in 1 contract

Samples: Charter of the Ebrd

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