Common use of LETTER OF CREDIT AND GUARANTEE FEE Clause in Contracts

LETTER OF CREDIT AND GUARANTEE FEE. Ideal agrees to pay (or procure that the relevant Borrower shall pay) to the Agent for account of the Issuer a fee (the "LETTER OF CREDIT AND GUARANTEE FEE") equal to 2.50% per annum of the face amount of each Letter of Credit or maximum contingent liability under each Guarantee issued by the Issuer, plus all out-of-pocket costs, fees and expenses incurred by the Issuer (other than where such fees, costs or expenses are indemnified pursuant to clause 6.

LETTER OF CREDIT AND GUARANTEE FEE. Ideal agrees to pay (or procure that the relevant Borrower shall pay) to the Agent for account of the Issuer a fee (the "LETTER OF CREDIT AND GUARANTEE FEE") equal to 2.502.00% per annum of the face amount of each Letter of Credit or maximum contingent liability under each Guarantee issued by the Issuer, plus all out-of-pocket costs, fees and expenses incurred by the Issuer (other than where such fees, costs or expenses are indemnified pursuant to clause 6.

LETTER OF CREDIT AND GUARANTEE FEE. Ideal agrees to pay (or procure that the relevant Borrower shall pay) to the Agent for account of the Issuer a fee (the "LETTER OF CREDIT AND GUARANTEE FEE") equal to 2.502.25% per annum of the face amount of each Letter of Credit or maximum contingent liability under each Guarantee issued by the Issuer, plus all out-of-pocket costs, fees and expenses incurred by the Issuer (other than where such fees, costs or expenses are indemnified pursuant to clause 6.