Common use of Fees in respect of Letters of Credit Clause in Contracts

Fees in respect of Letters of Credit. (a) Each Borrower must pay direct to the Issuing Bank a fronting fee computed at the rate of 0.0625 per cent. in respect of each issued Letter of Credit.

Fees in respect of Letters of Credit. (a) 8.3.1 Each Borrower must pay direct to the Issuing Bank a fronting fee computed at the rate of 0.0625 per cent. in respect of each issued Letter of CreditCredit requested by it in the manner agreed in the Fee Letter between the Issuing Bank and the Company.

Fees in respect of Letters of Credit. (a) Each Borrower must pay direct to the Issuing Bank a fronting fee computed at the rate of 0.0625 0.05 per cent. in respect of each issued Letter of Credit.