Common use of Wire Fee Clause in Contracts

Wire Fee. Borrower agrees to pay Lender a fee for each outgoing wire transaction. The amount of said fee shall be determined by Lender, from time to time, as the fee it will charge its borrowers for wire transactions. The cut off time is 1:30 CST for non-recurring wires and 2:00 CST for recurring wires.

Appears in 2 contracts

Sources: Credit Agreement (Lake Area Corn Processors LLC), Credit Agreement (Lake Area Corn Processors LLC)