Letter of Credit Administration Fee definition

Letter of Credit Administration Fee shall have the meaning attributed to such term in Section 2.3 of this Agreement.
Letter of Credit Administration Fee has the meaning specified therefor in Section 3.03(b)(i) hereof.
Letter of Credit Administration Fee has the meaning ascribed thereto in Section 1.08(c)(ii).

Examples of Letter of Credit Administration Fee in a sentence

  • The Letter of Credit Administration Fee shall be due and payable simultaneously with the LC Issuer’s issuance, amendment, extension or renewal of the particular Letter of Credit (as the case may be).


More Definitions of Letter of Credit Administration Fee

Letter of Credit Administration Fee means an annual administration fee with respect to the Letter of Credit equal to 1% of the Stated Amount of the Letter of Credit as of the date such administration fee is due, payable in accordance with Subsection 2.4.
Letter of Credit Administration Fee shall have the meaning attributed to such term in Section 1.7(d) of this Agreement.

Related to Letter of Credit Administration Fee