Common use of Discount, Fees and Other Costs and Expenses Clause in Contracts

Discount, Fees and Other Costs and Expenses. Notwithstanding the limitation on recourse under Section 2.1 hereof, the Pledgors shall pay, as and when due in accordance with this Agreement, all Carrying Costs, and the Servicing Fees. On the last day of each Tranche Period, the Pledgors shall pay to the Agent, on behalf of the Company or the Bank Investors, as applicable, an amount equal to the accrued and unpaid Discount for such Tranche Period together with, in the event the Pledged Interest is held on behalf of the Company, an amount equal to the discount accrued on the Company's Commercial Paper to the extent such Commercial Paper was issued in order to fund the Pledged Interest in an amount in excess of the Advance Amount of a Pledge. The Pledgors shall pay to the Agent, on behalf of the Company, on each day on which Related Commercial Paper is issued by the Company, the Dealer Fee. Discount shall accrue with respect to each Tranche on each day occurring during the Tranche Period related thereto. Nothing in this Agreement shall limit in any way the obligations of the Pledgors, which shall be joint and several, to pay the amounts set forth in this Section 2.4.

Discount, Fees and Other Costs and Expenses. Notwithstanding the limitation on recourse under Section 2.1 hereof, the Pledgors The Transferor shall pay, as and when due in accordance with this Agreement, all Carrying Costsfees hereunder, Discount (including Discount due the Company or any Bank Investor), all amounts payable pursuant to Article IV hereof, if any, and the Servicing Fees. On the last day of each Tranche PeriodDistribution Date, the Pledgors Transferor shall pay to the Agent, on behalf of the Company or the Bank Investors, as applicable, an amount equal to the accrued and unpaid Discount with respect to Related Commercial Paper for such Tranche the related 12 Due Period together with, in the event the Pledged Interest is Certificates are held on behalf of by the Company, an amount equal to the discount accrued on the Company's Commercial Paper to the extent such Commercial Paper was issued in order to fund the Pledged Interest Certificates in an amount in excess of the Advance Amount of a PledgeInvested Amount. The Pledgors Transferor shall pay to the Collateral Agent, on behalf of the Company, on each day on which Related Commercial Paper is issued by the Company, the Dealer Fee. Discount shall accrue with respect to each Tranche Related Commercial Paper on each day occurring during the Tranche Period interest period related thereto. Nothing in this Agreement or the Series Supplement shall limit in any way the obligations of the Pledgors, which shall be joint and several, Transferor to pay the amounts set forth in this Section 2.4Section.