Common use of Issuing Bank Charges Clause in Contracts

Issuing Bank Charges. Each Borrower for whose account a Letter of Credit has been Issued agrees to pay to each Issuing Bank, solely for its own account, the standard charges assessed by such Issuing Bank in connection with the issuance, administration, amendment and payment or cancellation of Letters of Credit and such compensation as may be agreed upon by such Borrower and such Issuing Bank from time to time.

Issuing Bank Charges. Each Borrower for whose account a Letter of Credit an Acceptance has been Issued created agrees to pay to each Issuing Bank, solely for its own account, the standard charges assessed by such Issuing Bank in connection with the issuancecreation, administrationnegotiation, amendment administration and payment or cancellation of Letters of Credit Acceptance and such compensation as may be agreed upon by such Borrower and such Issuing Bank from time to time.

Issuing Bank Charges. Each Borrower for whose account a Letter of Credit has been Issued agrees to pay to each Issuing Bank, solely for its own account, the standard charges assessed by such Issuing Bank in connection with the issuance, administration, amendment and payment or cancellation of Letters such Letter of Credit and such compensation as may be agreed upon by such Borrower and such Issuing Bank from time to timeCredit.