 Who does Borrower agree to pay to for the benefit of Agent and the Lenders?
Borrower agrees to pay to Agent for the benefit of Agent and the Lenders, as compensation to Lenders for Letter of Credit Obligations incurred hereunder, (i) all costs and expenses incurred by Agent or any Lender on account of such Letter of Credit Obligations, and (ii) the fees described in Section 3.14 . In addition, Borrower shall pay to any L/C Issuer, on demand, such reasonable and customary fees (including all per annum fees), charges and expenses of such L/C Issuer in respect of the issuance, negotiation, amendment, transfer and payment of such Letter of Credit, as applicable, or otherwise payable pursuant to the application and related documentation under which such Letter of Credit is issued.
Agent