Engagement Fee. In cases of a term Tranche B Letter of Credit, the Borrower shall pay an engagement fee in an amount and in the currency to be specified by the relevant Tranche B Lender in accordance with its normal banking practice and such payment shall be due and payable by the Borrower within the period to be specified by that Tranche B Lender.
Appears in 2 contracts
Sources: Credit Facilities Agreement (Benchmark Electronics Inc), Credit Facilities Agreement (Act Manufacturing Inc)