Common use of Stamping Fee on Bankers' Acceptances Clause in Contracts

Stamping Fee on Bankers' Acceptances. A stamping fee shall be payable by the Borrower in respect of each Bankers’ Acceptance which shall be calculated by (i) multiplying the face amount of the Bankers’ Acceptance by the number of days in the term thereof, then (ii) dividing the product thereof by 365, then (iii) multiplying the quotient thereof by the BA Margin (the product thereof being the “Stamping Fee”). The Borrower shall pay to the Agent the Stamping Fee with respect to each Bankers’ Acceptance on the date of acceptance thereof by a Lender either by direct payment to the Agent or the Lenders, as the case may be, or by the Agent deducting the Stamping Fee from the proceeds of the Bankers’ Acceptance.

Stamping Fee on Bankers' Acceptances. A stamping fee shall be payable by the Borrower in respect of each Bankers’ ' Acceptance which shall be calculated by (i) multiplying the face amount of the Bankers’ ' Acceptance by the number of days in the term thereof, then (ii) dividing the product thereof by 365, then (iii) multiplying the quotient thereof by the applicable BA Margin (the product thereof being the “"Stamping Fee”"). The Borrower shall pay to the Agent the Stamping Fee with respect to each Bankers’ ' Acceptance on the date of acceptance thereof by a Lender either by direct payment to the Agent or the Lenders, as the case may be, or by the Agent deducting the Stamping Fee from the proceeds of the Bankers’ ' Acceptance.

Stamping Fee on Bankers' Acceptances. A stamping fee shall be payable by the Borrower in respect of each Bankers’ Acceptance (and subject to Section 4.6 in respect of BA Equivalent Loans) which shall be calculated by (i) multiplying the face amount of the Bankers’ Acceptance by the number of days in the term thereof, then (ii) dividing the product thereof by 365, then (iii) multiplying the quotient thereof by the BA Margin (the product thereof being the “Stamping Fee”). The Borrower shall pay to the Agent the Stamping Fee with respect to each Bankers’ Acceptance on the date of acceptance thereof by a the applicable Lender either by direct payment to the Agent or the applicable Lenders, as the case may be, or by the Agent deducting the Stamping Fee from the proceeds of the Bankers’ Acceptance.

Stamping Fee on Bankers' Acceptances. A stamping fee shall be payable by the Borrower in respect of each Bankers’ ' Acceptance which shall be calculated by (i) multiplying the face amount of the Bankers’ ' Acceptance by the number of days in the term thereof, then (ii) dividing the product thereof by 365, then (iii) multiplying the quotient thereof by the BA Margin (the product thereof being the “"Stamping Fee”"). The Borrower shall pay to the Agent the Stamping Fee with respect to each Bankers’ ' Acceptance on the date of acceptance thereof by a Lender either by direct payment to the Agent or the Lenders, as the case may be, or by the Agent deducting the Stamping Fee from the proceeds of the Bankers’ ' Acceptance.