Common use of Letter of Credit Administrative Fees Clause in Contracts

Letter of Credit Administrative Fees. The Borrower agrees to pay the Lender, on written demand, the administrative fees charged by the Issuer in connection with the honoring of drafts under any Letter of Credit, amendments thereto, transfers thereof and all other activity with respect to the Letters of Credit at the then-current rates published by the Issuer for such services rendered on behalf of customers of the Issuer generally."

Appears in 1 contract

Samples: Credit and Security Agreement (Spectrum Organic Products Inc)

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Letter of Credit Administrative Fees. The Borrower agrees to pay the Lender, on written demand, the administrative fees charged by the Issuer in connection with the honoring of drafts under any Letter of Credit, amendments thereto, transfers thereof and all other activity with respect to the Letters of Credit at the then-current rates published by the Issuer for such services rendered on behalf of customers of the Issuer generally." 5. Section 2.9 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

Appears in 1 contract

Samples: Credit and Security Agreement (Vari L Co Inc)

Letter of Credit Administrative Fees. The Borrower agrees to pay the Lender, on written demand, the administrative fees charged by the Issuer Lender in connection with the honoring of drafts under any Letter of Credit, amendments thereto, transfers thereof and all other activity with respect to the Letters of Credit at the then-current rates published by the Issuer Lender for such services rendered on behalf of customers of the Issuer Lender generally."

Appears in 1 contract

Samples: Credit and Security Agreement (Winland Electronics Inc)

Letter of Credit Administrative Fees. The Borrower agrees to pay the Lender, on written demand, the administrative fees charged by the Issuer in connection with the honoring of drafts under any Letter of Credit, amendments thereto, transfers thereof and all other activity with respect to the Letters of Credit at the then-current rates published by the Issuer for such services rendered on behalf of customers of the Issuer generally."

Appears in 1 contract

Samples: Credit and Security Agreement (Dakotah Inc)

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Letter of Credit Administrative Fees. The Borrower agrees to pay to the Lender, on written demand, the administrative fees charged by the Issuer Lender in connection with the honoring of drafts under any Letter of Credit, amendments thereto, transfers thereof and all other activity with respect to the Letters of Credit at the then-then current rates published by the Issuer Lender for such services rendered on behalf of customers of the Issuer Lender generally."

Appears in 1 contract

Samples: Revolving Credit Agreement (Zareba Systems Inc)

Letter of Credit Administrative Fees. The Borrower agrees to shall pay the Lender, on written demand, the administrative fees charged by the Issuer in connection with the honoring of drafts under any Letter of Creditthe IBM L/C, amendments thereto, transfers thereof and all other activity with respect to the Letters of Credit IBM L/C at the then-then current rates published charged by the Issuer for such services rendered on behalf of customers of the Issuer generally."

Appears in 1 contract

Samples: Credit and Security Agreement (Infotech Usa Inc)

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