Common use of Documentary and Processing Charges Payable to applicable Issuing Bank Clause in Contracts

Documentary and Processing Charges Payable to applicable Issuing Bank. Borrower shall pay directly to the applicable Issuing Bank, for its own account, the customary issuance, presentation, amendment and other processing fees, and other standard costs and charges, of such Issuing Bank in connection with Letters of Credit issued by such Issuing Bank as from time to time in effect. Such customary fees and standard costs and charges, if any, are due and payable on demand and are nonrefundable.

Appears in 9 contracts

Samples: Credit and Guaranty Agreement (Cheniere Energy Partners, L.P.), Revolving Credit Agreement (Cheniere Energy, Inc.), Credit and Guaranty Agreement (Cheniere Energy, Inc.)

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