Issuing Bank Charges. The Borrowers shall pay, or cause a Borrower's Subsidiary for whose account a Letter of Credit is 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 Borrower's or such Subsidiary's account, as applicable, as may be agreed upon by TIMCO and such Issuing Bank from time to time.
Appears in 1 contract
Issuing Bank Charges. The Borrowers shall pay, or cause a Borrower's the Guarantor or Borrowers' Subsidiary for whose account a Letter of Credit is issued, as applicable, 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 Borrower's Borrowers', such Guarantor's, or such Subsidiary's account, as applicable, as may be agreed upon by TIMCO the Borrowers and such Issuing Bank from time to time.
Appears in 1 contract
Samples: Credit Agreement (Fairchild Corp)
Issuing Bank Charges. The Borrowers Borrower shall pay, or cause a the Guarantor or Borrower's Subsidiary for whose account a Letter of Credit is issued, as applicable, 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 Borrower's 's, such Guarantor's, or such Subsidiary's account, as applicable, as may be agreed upon by TIMCO the Borrower and such Issuing Bank from time to time.
Appears in 1 contract
Samples: Credit Agreement (Fairchild Corp)
Issuing Bank Charges. The Borrowers Borrower shall pay, or cause a Leasing Affiliate, or the Borrower's Subsidiary for whose account a Letter of Credit is 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 Borrower's 's, Leasing Affiliate's, or such Subsidiary's account, as applicable, as may be agreed upon by TIMCO the Borrower and such Issuing Bank from time to time.
Appears in 1 contract
Samples: Credit Agreement (Aviation Sales Co)