Letter of Credit Fees. (i) The agrees to pay to the Administrative Agent for the account of each a commission on such ’s Ratable Share of the average daily aggregate Available Amount of all Letters of Credit outstanding from time to time at a rate per annum equal to the Applicable Margin for Eurocurrency Rate Advances in effect from time to time. Accrued Letter of Credit commissions shall be paid on the last Business Day of each March, June, September and December and on the Termination Date (or such later date on which the participations in Letters of Credit of such have been terminated).
Letter of Credit Fees. (i) The agreesIn consideration of the issuance of Letters of Credit hereunder, the Borrowers agree to pay to the Administrative AgentAgent, for the accountpro rata benefit of the applicable Revolving Loan Lenders (based on each B" data-ad-field-type="organization" data-ad-field-json='{"name":"Organization B","type":"organization","canGuess":{"name":false,"type":false}}'>A:Organization_’s Revolving Loan Commitment), a commission on such ’s Ratable Share of the average daily aggregate Available Amount of all Lettersper annum fee (the “Letter of Credit outstanding from time to time at a rate per annumFees”) equal to the Applicable MarginPercentage for Eurocurrency Rate Advances in effect from timeEurodollar Loans on the average daily maximum amount available to time. Accruedbe drawn under each such Letter of Credit commissions shallfrom the date of issuance to the date of expiration. The Letter of Credit Fees will be paidpayable quarterly in arrears after the issuance of such Letter of Credit (as well as on the last Business Day of each March, June, September and December and on the Termination Date (or such later date on which the participations in Letters of Credit of such have been terminated)Revolving Loan Maturity Date).
Letter of Credit Fees. (i) The agreesCommissions. Subject to [Section 5.15(a)(iii)(B)], the Borrower shall pay to the Administrative AgentAgent, for the account of the applicable Issuing Lender and the L/C Participants, a letter of credit commission with respect to each a commission on such ’s Ratable Share of the average daily aggregate Available Amount of all LettersLetter of Credit outstanding from time to time at a rate per annumin the amount equal to the Applicable Margin for Eurocurrency Rate Advances in effect from timedaily amount available to time. Accruedbe drawn under such Letter of Credit commissionstimes the Applicable Margin with respect to Revolving Credit Loans that are Eurocurrency Rate Loans (determined on a per annum basis). Such commission shall be paidpayable quarterly in arrears on the last Business Day of each March, June, September and December andcalendar quarter, on the TerminationRevolving Credit Maturity Date (or such later dateand thereafter on whichdemand of the participationsAdministrative Agent. The Administrative Agent shall, promptly following its receipt thereof, distribute to the applicable Issuing Lender and the L/C Participants all commissions received pursuant to this [Section 3.3] in Letters ofaccordance with their respective Revolving Credit of such have been terminated).Commitment Percentages.
Letter of Credit Fees. (i) The agreesCommissions. Subject to [Section 5.15(a)(iii)(B)], the Borrower shall pay to the Administrative AgentAgent, for the account of the applicable Issuing Lender and the L/C Participants, a letter of credit commission with respect to each a commission on such ’s Ratable Share of the average daily aggregate Available Amount of all LettersLetter of Credit outstanding from time to time at a rate per annumin the amount equal to the Applicable Margin for Eurocurrency Rate Advances in effect from timedaily amount available to time. Accruedbe drawn under such Letter of Credit commissionstimes the Applicable Margin with respect to Revolving Credit Loans that are Eurocurrency Rate Loans (determined on a per annum basis). Such commission shall be paidpayable quarterly in arrears within fifteen (15) days after the last day of each calendar quarter, on the last Business DayRevolving Credit Maturity Date and thereafter on demand of each March, June, Septemberthe Administrative Agent. The Administrative Agent shall, promptly following its receipt thereof, distribute to the applicable Issuing Lender and December and on the Termination Date (or such later date on which the participationsL/C Participants all commissions received pursuant to this [Section 3.3] in Letters ofaccordance with their respective Revolving Credit of such have been terminated).Commitment Percentages.
#Each Specified Borrower for whose account a Letter of Credit Fees. (i) The agrees tois issued hereunder shall pay to the Applicable Administrative AgentAgent, for the account of the Banks (including the Issuing Bank) pro rata according to their Revolving Commitment Percentages, a letter of credit commission with respect to each a commission on such ’s Ratable ShareLetter of the average daily aggregate Available Amount of all Letters of Credit outstanding from time to timeCredit, computed at a rate per annum equal to the then Applicable Margin for Committed Rate Eurocurrency Rate Advances in effect from time to time. AccruedLoans on the daily average undrawn face amount of such Letter of CreditCredit. Such commissions shall be paidpayable in arrears on the last Business Day of each March, June, September and December to occur after the date of issuance of each Letter of Credit and on the Termination Date (orexpiration date of such later date on which the participations in LettersLetter of Credit of such have been terminated).and shall be nonrefundable.
Letter of Credit Fees. (i) The _Organization A: agrees toshall pay to the Administrative Agent for the account of each Revolving B" data-ad-field-type="a" data-ad-field-json='{"name":"Organization B","type":"a","canGuess":{"name":false,"type":false}}'> in accordance, subject to [Section 2.15], with its Applicable Revolving Percentage a commission on such ’s Ratable Share of the average daily aggregate Available Amount of all LettersLetter of Credit outstanding from time to time at a rate per annumfee (the “Letter of Credit Fee”) for each Letter of Credit equal to the Applicable Margin for Eurocurrency Rate Advances in effect from timetimes the daily amount available to time. Accruedbe drawn under such Letter of Credit. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit commissions shall be paiddetermined in accordance with [Section 1.06]. Letter of Credit Fees shall be # due and payable on the last Business Day of each March, June, September and December andDecember, commencing with the first such date to occur after the issuance of such Letter of Credit, on the Termination Date (or such later date on which the participations in LettersLetter of Credit Expiration Date and thereafter on demand and # computed on a quarterly basis in arrears. If there is any change in the Applicable Rate during any quarter, the daily amount available to be drawn under each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such have been terminated).quarter that such Applicable Rate was in effect.
Letter of Credit Fees. (i) The agrees toCompany shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, in Dollars, a commission on such ’s Ratable Share of the average daily aggregate Available Amount of all LettersLetter of Credit outstanding from time to time at a rate per annumfee (the “Letter of Credit Fee”) in an amount equal to the Applicable Margin for Eurocurrency Rate Advances in effect from timemultiplied by the Dollar Equivalent of the daily amount available to time. Accruedbe drawn under such Letter of Credit. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit commissions shall be paiddetermined in accordance with [Section 1.09]. Letter of Credit Fees shall be # computed on a quarterly basis in arrears and # due and payable on the lastfirst Business Day after the end of each March, June, September and December andDecember, commencing with the first such date to occur after the issuance of such Letter of Credit, on the Termination Date (or such later date on which the participations in LettersLetter of Credit Expiration Date and thereafter on demand. If there is any change in the Applicable Rate during any quarter, the daily amount available to be drawn under each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such have been terminated).quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required Lenders, while any Event of Default exists, all Letter of Credit Fees shall accrue at the Default Rate.
Letter of Credit Fees. (i) The agreesCommissions. Subject to [Section 5.15(a)(iii)(B)], the Borrower shall pay to the Administrative AgentAgent, for the account of the applicable Issuing Lender and the L/C Participants, a letter of credit commission with respect to each a commission onLetter of Credit in the amount equal to the daily amount available to be drawn under such ’s Ratable Share of the average daily aggregate Available Amount of allstandby Letters of Credit outstanding from time to time at a rate per annum equal totimes the Applicable Margin for Eurocurrencywith respect to Revolving Credit Loans that are LIBOR Rate AdvancesLoans (determined, in effect from time to time. Accrued Letter of Credit commissionseach case, on a per annum basis). Such commission shall be paidpayable quarterly in arrears on the last Business Day of each March, June, September and December andcalendar quarter, on the TerminationRevolving Credit Maturity Date (or such later dateand thereafter on whichdemand of the participationsAdministrative Agent. The Administrative Agent shall, promptly following its receipt thereof, distribute to the applicable Issuing Lender and the L/C Participants all commissions received pursuant to this [Section 3.3] in Letters ofaccordance with their respective Revolving Credit of such have been terminated).Commitment Percentages.
Letter of Credit Fees. (i) The agrees toCompany shall pay # to the Administrative Agent for the account of each the Banks ratably a commissionletter of credit fee accruing daily on such ’s Ratable Share of the average daily aggregate Available Amountundrawn amount of all outstanding Letters of Credit outstanding from time to time at a rate per annum equal to the Applicable MarginLetter of Credit Fee Rate for Eurocurrency Rate Advances in effectsuch day and # to each Issuing Bank for its own account, a letter of credit fronting fee accruing daily on the aggregate amount then available for drawing under all Letters of Credit issued by such Issuing Bank at such rate as may be mutually agreed between the Company and such Issuing Bank from time to time. AccruedSuch letter of credit fees shall accrue from the Closing Date to the Revolving Termination Date (or, if later, the latest date on which any Letter of Credit commissionsmay be drawn) and shall be paiddue and payable quarterly in arrears on the last Business Day of each March, June, September and December andcalendar quarter commencing on through the Revolving Termination Date (or such later datelatest date), with the final payment to be made on which the participations in Letters of Credit ofRevolving Termination Date (or such have been terminated)latest date).
Letter of Credit Fees. (i) The _Organization A: agrees toshall pay to the Administrative Agent for the account of each Domestic Lender in accordance, subject to [Section 2.17], with its Applicable Percentage a commission on such ’s Ratable Share of the average daily aggregate Available Amount of all LettersLetter of Credit outstanding from time to time at a rate per annumfee (the “Letter of Credit Fee”) for each Letter of Credit equal to the Applicable Margin for Eurocurrency Rate Advances in effect from timetimes the daily amount available to time. Accruedbe drawn under such Letter of Credit. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit commissions shall be paiddetermined in accordance with [Section 1.06]. Letter of Credit Fees shall be # due and payable on the lastfirst (1st) Business Day after the end of each March, June, September and December andDecember, commencing with the first such date to occur after the issuance of such Letter of Credit, on the TerminationMaturity Date (or such later dateand thereafter on whichdemand, and # computed on a quarterly basis in arrears. If there is any change in the participations in LettersApplicable Rate during any quarter, the daily amount available to be drawn under each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of such have been terminated).the Required Domestic Lenders, while any Event of Default exists, all Letter of Credit Fees shall accrue at the Default Rate.
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