According to Indicative Terms & Conditions of the debentures , WHA agrees that the fees payable to Co-Underwriter in consideration of its agreement to procure subscriptions for the Debentures as referred to above will be 30 basis points of subscription amount (exclusive of VAT) (the fees above shall be referred to as the ("Underwriting Fee"). Such Underwriting Fee will be payable to Co-Underwriter within 14 days after the issue date.