Common use of Compensation, etc Clause in Contracts

Compensation, etc. The Borrower hereby agrees to compensate each ------------------ Lender for making a Deposit by paying such Lender compensation on the outstanding principal amount of such Lender's Deposit from the date of such Deposit until the date (the "Release Date") such Deposit shall be transferred to ------------ the Borrower's Depositary Account in accordance with Section 2.13(d) or withdrawn by such Lender in accordance with Section 2.13(e), at a rate per annum equal at all times to the Special Funding Rate for such Lender in effect from time to time (net of earnings, if any, on such Deposit payable by the Depositary), such compensation to be payable on the Expected Funding Date and on the Release Date. The costs and expenses of opening and maintaining the Pre- Funding Deposit Accounts are for the account of the Borrower.