Letter of Credit Commission. (a) The relevant Borrower shall, in respect of each Letter of Credit, pay to the Agent (for the account of each Lender) (for distribution in proportion to each Lender's L/C Proportion of that Letter of Credit) a letter of credit commission at the L/C Commission Rate on the maximum actual and contingent liabilities of the Fronting Bank under the relevant Letter of Credit.
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Samples: Agreement (Kronos International Inc), Second Amendment Agreement (Kronos International Inc), Agreement (Kronos International Inc)
Letter of Credit Commission. (a) The relevant Each Borrower shall, in respect of each Letter of CreditCredit issued at its request, pay to the Agent (for the account of each Lender) (for distribution in proportion to each Lender's L/C Proportion of that Letter of Credit) a letter of credit commission in the relevant Base Currency at the L/C Commission Rate on the maximum actual and contingent liabilities of the Fronting Bank under the relevant Letter of Credit.
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Letter of Credit Commission. (ai) The relevant Borrower shall, in respect of each xx xxxx Letter of Credit, pay to the Agent (for the account of each Lender) (for distribution in proportion to each Lender's L/C Proportion of that Letter of Credit) a letter of credit commission at the L/C Commission Rate on the maximum actual and contingent liabilities of the Fronting Bank under the relevant Letter of Credit.
Appears in 1 contract
Samples: Agreement (Kronos International Inc)
Letter of Credit Commission. (a) The relevant Xxx xxlevant Borrower shall, in respect of each Letter of Credit, pay to the Agent (for the account of each Lender) (for distribution in proportion to each Lender's L/C Proportion of that Letter of Credit) a letter of credit commission at the L/C Commission Rate on the maximum actual and contingent liabilities of the Fronting Bank under the relevant Letter of Credit.
Appears in 1 contract
Samples: Agreement (Nl Industries Inc)
Letter of Credit Commission. (ai) The relevant Borrower shall, in respect of each Letter of Credit, pay to the Agent (for the account of each Lender) (for distribution in proportion to each Lender's L/C Proportion of that Letter of Credit) a letter of credit commission at the L/C Commission Rate on the maximum actual and contingent liabilities of the Fronting Bank under the relevant Letter of Credit.
Appears in 1 contract
Samples: Agreement (Kronos International Inc)
Letter of Credit Commission. (a) The relevant Each Borrower shall, in respect of each Letter of CreditCredit issued at its request, pay to the Agent (for the account of each Lender) (for distribution in proportion to each Lender's ’s L/C Proportion of that Letter of Credit) a letter of credit commission in the relevant Base Currency at the L/C Commission Rate on the maximum actual and contingent liabilities of the Fronting Bank under the relevant Letter of Credit.
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