Common use of Auction Fee Clause in Contracts

Auction Fee. The Borrower agrees to pay to the ----------- Administrative Agent, for its own account, an auction fee for administering each Competitive Bid Loan auction under Section 2.8 in an amount and to be paid on such dates as agreed between the Borrower and the Administrative Agent.

Auction Fee. The Borrower agrees to pay to the ----------- Administrative Agent, for its own account, an auction fee for administering each Competitive Bid Loan auction under Section 2.8 in an amount and to be paid on such dates as agreed between ----------- the Borrower and the Administrative Agent.