Common use of Documentary and Processing Charges Clause in Contracts

Documentary and Processing Charges. Borrower shall pay directly to Lender the customary issuance, presentation, amendment and other processing fees, and other standard costs and charges, of Lender relating to letters of credit as from time to time in effect. Such individual customary fees and standard costs and charges are due and payable on demand and are nonrefundable.

Appears in 2 contracts

Sources: Credit Agreement (Gen Probe Inc), Credit Agreement (Gen Probe Inc)

Documentary and Processing Charges. Borrower shall pay directly to Lender Bank the customary issuance, presentation, amendment and other processing fees, and other standard costs and charges, of Lender Bank relating to letters of credit as from time to time in effect. Such individual customary fees and standard costs and charges are due and payable on demand and are nonrefundable.

Appears in 1 contract

Sources: Credit Agreement (Usana Health Sciences Inc)