Common use of Guarantee Fees Clause in Contracts

Guarantee Fees. The Borrower agrees to pay to the Agent for the account of the Board quarterly in advance on each Interest Payment Date for so long as the Board Guaranty shall remain in effect the Guarantee Fee set forth in Section 2.06 of the Board Guaranty.

Guarantee Fees. The Borrower agrees to pay to the Agent for the account of the Board on the Closing Date and quarterly in advance on each Interest Payment Date thereafter for so long as the Board Guaranty shall remain in effect the Guarantee Fee set forth in Section 2.06 of the Board Guaranty.