Common use of Issuing Bank Charges Clause in Contracts

Issuing Bank Charges. The Borrower applicant shall pay, or cause its Subsidiary for whose account a Letter of Credit is issued 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 in respect of such Letters of Credit for such Borrower's or such Subsidiary's account, as applicable, as may be agreed upon by such Borrower and such Issuing Bank from time to time.

Appears in 2 contracts

Samples: Credit Agreement (Freedom Chemical Co), Credit Agreement (Freedom Chemical Co)

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Issuing Bank Charges. The Borrower applicant Borrowers shall pay, or cause its a Borrower's Subsidiary for whose account a Letter of Credit is issued issued, as applicable, 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 in respect of such Letters of Credit for such the Borrower's or such Subsidiary's account, as applicable, as may be agreed upon by such Borrower Distribution and such Issuing Bank from time to time.

Appears in 1 contract

Samples: Credit Agreement (Aviation Sales Co)

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Issuing Bank Charges. The Borrower applicant shall pay, or cause its Subsidiary for whose account a Letter of Credit is issued 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 in respect of such Letters of Credit for such the Borrower's or such Subsidiary's account, as applicable, as may be agreed upon by such the Borrower and such Issuing Bank from time to time.

Appears in 1 contract

Samples: Credit Agreement (Rhi Holdings Inc)

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