Common use of Fees, Commissions and Other Charges Clause in Contracts

Fees, Commissions and Other Charges. (a) With respect to each and every standby Letter of Credit, Borrowers shall pay to Bank, a fee in an amount equal to the face amount of such standby Letter of Credit times 4% per annum, pro-rated for the tenor of such standby Letter of Credit on the basis of a year of 360 days (the "Standby Letter of Credit Fee"). The Standby Letter of Credit Fee shall be due and payable upon issuance of the applicable standby Letter of Credit, and if applicable, upon each renewal thereof. (b) With respect to each and every documentary Letter of Credit, Borrowers shall pay to Bank, a fee in an amount equal to the greater of (i) the product of (x) the face amount of such documentary Letter of Credit times (y) 0.125%, or (ii) $125, pro-rated for the tenor of such documentary Letter of Credit on the basis of a year of 360 days (the "Documentary Letter of Credit Fee"). The Documentary Letter of Credit Fee shall be due and payable upon issuance of the applicable documentary Letter of Credit, and if applicable, upon each renewal thereof. (c) In addition to the foregoing, Borrowers shall pay or reimburse Bank for such normal and customary costs and expenses as are reasonably incurred or charged by Bank in issuing, effecting payment under, amending or otherwise administering any Letter of Credit.

Fees, Commissions and Other Charges. (a) With respect to each and every standby Letter of Credit, Borrowers Borrower shall pay to Bank, Bank a fee in an amount equal to the face amount of such standby Letter of Credit times 4% two percent (2%) per annum, pro-rated for the tenor of such standby Letter of Credit on the basis of a year of 360 three hundred sixty (360) days (the "“Standby Letter of Credit Fee"”). The Standby Letter of Credit Fee shall be due and payable upon issuance of the applicable standby Letter of Credit, and if applicable, upon each renewal thereof. (b) With respect to each and every documentary Letter of Credit, Borrowers Borrower shall pay to Bank, Bank a fee in an amount equal to the greater of (i) the product of (x) the face amount of such documentary Letter of Credit times (y) 0.1250.375%, or (ii) $125300, pro-rated for the tenor of such documentary Letter of Credit on the basis of a year of 360 days (the "“Documentary Letter of Credit Fee"”). The Documentary Letter of Credit Fee shall be due and payable upon issuance of the applicable documentary Letter of Credit, and if applicable, upon each renewal thereof. (c) In addition to the foregoing, Borrowers Borrower shall pay or reimburse Bank for such normal and customary costs and expenses as are reasonably incurred or charged by Bank in issuing, effecting payment under, amending or otherwise administering any Letter of Credit.

Fees, Commissions and Other Charges. (a) With respect to each and every standby Letter of Credit, Borrowers shall pay to Bank, Bank a fee in an amount equal to the face amount of such standby Letter of Credit times 4% the Applicable Percentage per annum, pro-rated for the tenor of such standby Letter of Credit on the basis of a year of 360 days (the "“Standby Letter of Credit Fee"”). The Standby Letter of Credit Fee shall be due and payable upon issuance of the applicable standby Letter of Credit, and if applicable, upon each renewal thereof. (b) With respect to each and every documentary Letter of Credit, Borrowers shall pay to Bank, Bank a fee in an amount equal to the greater of (i) the product of (x) the face amount of such documentary Letter of Credit times (y) 0.125%, or (ii) $125, pro-rated for the tenor of such documentary Letter of Credit on the basis of a year of 360 days (the "“Documentary Letter of Credit Fee"”). The Documentary Letter of Credit Fee shall be due and payable upon issuance of the applicable documentary Letter of Credit, and if applicable, upon each renewal thereof. (c) In addition to the foregoing, Borrowers shall pay or reimburse Bank for such normal and customary costs and expenses as are reasonably incurred or charged by Bank in issuing, effecting payment under, amending or otherwise administering any Letter of Credit.