Common use of Drawing Fee Clause in Contracts

Drawing Fee. In connection with each Drawing under the Letter of Credit, the City shall pay to the Bank a drawing fee in the amount of $250 as payment for the Bank’s transactional costs related to such Drawing. The drawing fee shall be payable on the same day as the related Drawing.

Drawing Fee. In connection with The City agrees to pay to the Agent for the account of the Banks a drawing fee of $500 per Bank for each Drawing under the Letter of Credit, the City shall pay to the Bank a drawing fee in the amount of $250 as payment for the Bank’s transactional costs related to such Drawing. The drawing fee shall be payable on the same day as the related Drawing.

Drawing Fee. In connection with each Drawing under the Letter of Credit, the City shall pay to the Bank a drawing fee in the amount of $250 500 as payment for the Bank’s transactional costs related to such Drawing. The drawing fee shall be payable on the same day as the related Drawing.

Drawing Fee. In connection with each Drawing under the a Letter of Credit, the City shall pay to the Bank a drawing fee in the amount of $250 as payment for the Bank’s transactional costs related to such Drawing. The drawing fee shall be payable on the same day as the related Drawing.