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29 <br />Account, Company also authorizes Bank to redeem Company’s shares in the <br />Designated Money Market Fund and apply the proceeds to any obligation <br />Company owes Bank. The rights described in this subsection are in addition <br />to and apart from any other rights, including any rights granted under any <br />security interest that Company may have granted to Bank. <br /> <br />Bank Fees and Expenses <br /> <br />General. <br />Company agrees to pay Bank in accordance with the fee and information <br />schedule. Company also agrees to pay an amount equal to any applicable <br />taxes, however designated, exclusive of taxes based on the net income of <br />Bank. <br /> <br />Payment of Bank Fees and Expenses; Finance Charges. <br />Bank may either directly debit Company’s Account or invoice Company for <br />Bank fees and expenses and taxes incurred in connection with Company’s <br />Account and any Service. If an Earnings Allowance accrues on Company’s <br />Account, Bank will periodically apply Company’s accrued Earnings <br />Allowance to Bank fees and expenses (unless Bank otherwise indicates in <br />writing). Bank may debit Company’s Account (or any other Account <br />Company maintains at Bank) or invoice Company for any amount by which <br />the fees and expenses exceed the accrued Earnings Allowance on <br />Company’s Account. Bank may also debit Company’s Account (and any <br />other account Company maintains at Bank) for attorneys’ fees and any other <br />fees and expenses Bank incurs in exercising its rights under this Agreement <br />including Bank’s rights in connection with Overdrafts, Adverse Claims, <br />Legal Process and “Freezing” Company’s Account. If there are insufficient <br />funds in Company’s Account to cover the debit, Bank may overdraw <br />Company’s Account. Company agrees to promptly pay any invoiced <br />amount. Bank may assess finance charges on any invoiced amounts that are <br />not paid within forty-five (45) days of the date of invoice. Finance charges <br />are assessed at a rate of 1.5% per month (18% per annum) or the highest <br />amount permitted by the laws governing this Agreement, whichever is less. <br />Charges for accrued and unpaid interest and previously assessed finance <br />charges will not be included when calculating finance charges. Payments <br />and other reductions of amounts owed will be applied first to that portion of <br />outstanding fees attributable to charges for accrued and unpaid interest and <br />previously assessed finance charges, then to other fees and expenses. <br />Debiting of service fees occurs on the day of each calendar month Bank <br />separately discloses to Company, or if the disclosed day is not a Business <br />Day, on the next succeeding Business Day. <br />6.1.D. - Page 71