Common use of Customary Fees and Expenses Clause in Contracts

Customary Fees and Expenses. The Borrower shall also pay to the Paying Agent for the Issuing Bank’s sole account the Issuing Bank’s then in effect customary fees and administrative expenses payable with respect to the Letters of Credit as the Issuing Bank may generally charge or incur from time to time in connection with the issuance, maintenance, extension, renewal, amendment, modification (if any), assignment or transfer (if any), negotiation, and administration of Letters of Credit. For each Commercial Letter of Credit, the Borrower shall pay to the Issuing Bank for its own account, a negotiation fee of 0.25% of each draw on the Letter of Credit, payable at the time of the drawing.

Customary Fees and Expenses. The Borrower shall also pay to the Paying Administrative Agent for the Issuing BankLender’s sole account the Issuing BankLender’s then in effect customary fees and administrative expenses payable with respect to the Letters of Credit Credit, as the Issuing Bank Lender may generally charge or incur from time to time in connection with the issuance, maintenance, extension, renewal, amendment, modification (if any), assignment or transfer (if any), negotiation, and administration of Letters of Credit. For each Commercial Letter of Credit, the Borrower shall pay to the Issuing Bank Lender for its own account, a negotiation fee of 0.25% of each draw on the Letter of Credit, payable at the time of the drawing.

Customary Fees and Expenses. The Borrower shall also pay to the Paying Administrative Agent for the Issuing BankLender’s sole account the Issuing BankLender’s then in effect customary fees and administrative expenses payable with respect to the Letters of Credit as the Issuing Bank Lender may generally charge or incur from time to time in connection with the issuance, maintenance, extension, renewal, amendment, modification (if any), assignment or transfer (if any), negotiation, and administration of Letters of Credit. For each Commercial Letter of Credit, the Borrower shall pay to the Issuing Bank Lender for its own account, a negotiation fee of 0.25% of each draw on the Letter of Credit, payable at the time of the drawing.