Common use of Issuing Bank Charges Clause in Contracts

Issuing Bank Charges. Each Borrower for whose account an Acceptance has been created agrees to pay to each Issuing Bank, solely for its own account, the standard charges assessed by such Issuing Bank in connection with the creation, negotiation, administration and payment or cancellation of Acceptance and such compensation as may be agreed upon by such Borrower and such Issuing Bank from time to time.

Issuing Bank Charges. Each Borrower for whose account an Acceptance a Letter of Credit has been created Issued agrees to pay to each Issuing Bank, solely for its own account, the standard charges assessed by such Issuing Bank in connection with the creationissuance, negotiationadministration, administration amendment and payment or cancellation of Acceptance Letters of Credit and such compensation as may be agreed upon by such Borrower and such Issuing Bank from time to time.

Issuing Bank Charges. Each Borrower for whose account an Acceptance a Letter of Credit has been created Issued agrees to pay to each Issuing Bank, solely for its own account, the standard charges assessed by such Issuing Bank in connection with the creationissuance, negotiationadministration, administration amendment and payment or cancellation of Acceptance and such compensation as may be agreed upon by such Borrower and such Issuing Bank from time to timeLetter of Credit.