Common use of Issuing Bank Charges Clause in Contracts

Issuing Bank Charges. The Borrowers shall pay, or cause the Guarantor or Borrowers' 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 the Borrowers', such Guarantor's, or such Subsidiary's account, as applicable, as may be agreed upon by the Borrowers and such Issuing Bank from time to time.

Appears in 1 contract

Samples: Credit Agreement (Fairchild Corp)

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Issuing Bank Charges. The Borrowers shall pay, or cause the Guarantor or Borrowers' 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 the Borrowers', such Guarantor's, Borrower's or such Subsidiary's account, as applicable, as may be agreed upon by the Borrowers Distribution and such Issuing Bank from time to time.

Appears in 1 contract

Samples: Credit Agreement (Aviation Sales Co)

Issuing Bank Charges. The Borrowers shall pay, or cause the Guarantor or Borrowers' 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 the Borrowers', such Guarantor's, Borrower's or such Subsidiary's account, as applicable, as may be agreed upon by the Borrowers TIMCO and such Issuing Bank from time to time.

Appears in 1 contract

Samples: Credit Agreement (Timco Aviation Services Inc)

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Issuing Bank Charges. The Borrowers Borrower shall pay, or cause the Guarantor or Borrowers' Borrower's 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 the Borrowers'Borrower's, such Guarantor's, or such Subsidiary's account, as applicable, as may be agreed upon by the Borrowers Borrower and such Issuing Bank from time to time.

Appears in 1 contract

Samples: Credit Agreement (Fairchild Corp)

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