Common use of Government Guarantee Clause in Contracts

Government Guarantee. 17.1 The Borrower must pay to the Corporation as and when required by the Corporation such fee or fees as the Corporation notifies are required by the Treasurer on behalf of the State under section 13(3) of the Act in respect of the guarantee by the Treasurer arising under section 13(1) of the Act in relation to liabilities incurred by the Corporation in connection with, or to facilitate, the making of Advances to the Borrower under the Facility. Such fee may be adjusted from time to time. 17.2 Any fees payable under clause 17.1 will be identified and recovered separately from interest payable under the Facility.

Appears in 4 contracts

Samples: Master Lending Agreement, Master Lending Agreement, Master Lending Agreement

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