Letter of Credit Issuance Fees. Borrower shall pay to Agent, for the sole benefit of Issuing Bank, nonrefundable issuance fees for the Letters of Credit (the "LC Issuance Fees") as agreed to between Borrower and Issuing Bank.
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Samples: Credit Agreement (Indus International Inc), Credit Agreement (Indus International Inc), Credit Agreement (Indus International Inc)
Letter of Credit Issuance Fees. Borrower shall pay to Agent, for the sole benefit of Issuing Bank, nonrefundable issuance fees for the Letters of Credit (the "“LC Issuance Fees"”) as agreed equal to between Borrower and the Issuing Bank’s then current standard issuance fee rate for a trade or standby letter of credit, as applicable. Borrower shall pay the LC Issuance Fees for each Letter of Credit in advance on the date of issuance of such Letter of Credit.
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