Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of Credit, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the face amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 8 contracts
Sources: Credit Agreement (INC Research Holdings, Inc.), Credit Agreement (INC Research Holdings, Inc.), Credit Agreement (INC Research Holdings, Inc.)
Fees and Other Charges. (a) The Borrower will pay a fee on the aggregate drawable amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Revolving Credit Loans that are Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditLoans, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the each Issuing Lender for its own account a fronting fee of in an amount equal to 0.25% per annum on of the face aggregate drawable amount of each Letter all outstanding Letters of CreditCredit issued by it, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of CreditIssuance.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the each Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 8 contracts
Sources: Credit Agreement (B&G Foods, Inc.), Credit Agreement (B&G Foods, Inc.), Credit Agreement (B&G Foods, Inc.)
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding undrawn and unexpired Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditor amendment date, as applicable.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 5 contracts
Sources: Credit Agreement (WEB.COM Group, Inc.), First Lien Credit Agreement (WEB.COM Group, Inc.), First Lien Credit Agreement (WEB.COM Group, Inc.)
Fees and Other Charges. (a) The Each Borrower will pay a fee on all outstanding Letters of Credit requested by it at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Term Benchmark Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the each Borrower shall pay to the applicable Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of CreditCredit requested by it, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.
(b) In addition to the foregoing fees, the Parent Borrower shall pay or reimburse the each Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 5 contracts
Sources: Amendment No. 4 (Somnigroup International Inc.), Credit Agreement (Tempur Sealy International, Inc.), Credit Agreement (Tempur Sealy International, Inc.)
Fees and Other Charges. (a) The Borrower Borrowers will pay a fee on all the aggregate drawable amount of each outstanding Letters Letter of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditCredit Facility, shared ratably among the Revolving Credit Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit. In addition, the Borrower Borrowers shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the face aggregate drawable amount of each outstanding Letter of CreditCredit of 1/4 of 1% per annum, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit.
(b) In addition to the foregoing fees, the Borrower Borrowers shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 4 contracts
Sources: Credit Agreement (Regal Entertainment Group), Credit Agreement (Regal Cinemas Corp), Credit Agreement (Regal Entertainment Group)
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters Letter of Credit fee calculated at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility and payable on the face amount of such Letter all outstanding Letters of Credit, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C LC Fee Payment Date after the issuance date of such Letter of CreditDate. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of CreditCredit that is available for drawing, payable quarterly in arrears on each L/C LC Fee Payment Date after the issuance date of such Letter of CreditDate.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 4 contracts
Sources: Credit Agreement (Rent a Center Inc De), Credit Agreement (Rent a Center Inc De), Credit Agreement (Rent a Center Inc De)
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the face undrawn and unexpired amount of each Letter of CreditCredit as agreed by the Borrower and the Issuing Lender, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditissuance.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 4 contracts
Sources: Credit Agreement (Roundy's, Inc.), Credit Agreement (Roundy's, Inc.), Credit Agreement (Roundy's Parent Company, Inc.)
Fees and Other Charges. (a) The Borrower will pay a fee on the aggregate drawable amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditLoans, shared ratably among the Revolving Credit Lenders in accordance with their respective Revolving Credit Percentages and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the relevant Issuing Lender for its own account a fronting fee on the aggregate drawable amount of 0.25all outstanding Letters of Credit issued by it of 1/4 of 1% per annum on the face amount of each Letter of Creditannum, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the each Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 4 contracts
Sources: Credit Agreement (Chatham Lodging Trust), Credit Agreement (Chatham Lodging Trust), Credit Agreement (Hudson Pacific Properties, Inc.)
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding undrawn and unexpired Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditor amendment date, as applicable.
(ba) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 3 contracts
Sources: Credit Agreement (WEB.COM Group, Inc.), Credit Agreement (WEB.COM Group, Inc.), Credit Agreement (WEB.COM Group, Inc.)
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters Letter of Credit fee calculated at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility and payable on the portion that is available for drawing of the face amount of such Letter all outstanding Letters of Credit, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C LC Fee Payment Date after the issuance date of such Letter of CreditDate. In addition, the Borrower shall pay to the applicable Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of CreditCredit issued by such Issuing Lender that is available for drawing, payable quarterly in arrears on each L/C LC Fee Payment Date after the issuance date of such Letter of CreditDate.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the each Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 3 contracts
Sources: Credit Agreement (Rent a Center Inc De), Credit Agreement (Rent a Center Inc De), Credit Agreement (Rent a Center Inc De)
Fees and Other Charges. (a) The Borrower will pay a fee to the Revolving Lenders on all outstanding Letters of Credit issued for the account of the Borrower and any Foreign Subsidiary Borrower at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditSOFR Loans, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the each Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the each respective Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 3 contracts
Sources: Credit Agreement (Kadant Inc), Credit Agreement (Kadant Inc), Credit Agreement (Kadant Inc)
Fees and Other Charges. (a) The Borrower will pay a fee on the face amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on less the face amount of such Letter of Creditfronting fee set forth in the succeeding sentence, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee on the undrawn and unexpired amount of each Letter of Credit computed at the rate of 0.25% per annum on the face amount of each Letter of Credit, and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of CreditDate.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 3 contracts
Sources: Credit Agreement (Auto Disposal of Memphis, Inc.), Credit Agreement (Adesa California, LLC), Credit Agreement (Carbuyco, LLC)
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of Credit, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 3 contracts
Sources: Credit Agreement (Microsemi Corp), Credit Agreement (Microsemi Corp), Credit Agreement (Microsemi Corp)
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, which fee shall be shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. Such fees shall be payable in Dollars.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 3 contracts
Sources: Credit Agreement (Gartner Inc), Credit Agreement (Gartner Inc), Credit Agreement (Gartner Inc)
Fees and Other Charges. (a) The Borrower Borrowers will jointly and severally pay a fee on the Dollar Equivalent of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Term Benchmark Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the applicable Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.
(b) In addition to the foregoing fees, the Borrower Borrowers shall jointly and severally pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 3 contracts
Sources: Credit Agreement (Ultra Clean Holdings, Inc.), Credit Agreement (Ultra Clean Holdings, Inc.), Credit Agreement (Ultra Clean Holdings, Inc.)
Fees and Other Charges. (a) The Borrower Borrowers will jointly and severally pay a fee on the Dollar Equivalent of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the applicable Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.
(b) In addition to the foregoing fees, the Borrower Borrowers shall jointly and severally pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 3 contracts
Sources: Credit Agreement (Ultra Clean Holdings, Inc.), Credit Agreement (Ultra Clean Holdings, Inc.), Credit Agreement (Ultra Clean Holdings, Inc.)
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the relevant Issuing Lender for its own account a fronting fee of 0.25% per annum on the face undrawn and unexpired amount of each Letter of CreditCredit issued by such Issuing Lender, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the relevant Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 2 contracts
Sources: Credit Agreement (Charter Communications Inc /Mo/), Credit Agreement (Charter Communications Holdings Capital Corp)
Fees and Other Charges. (a) The Each Borrower will pay a fee on all outstanding Letters of Credit requested by it at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Term Benchmark Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the each Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of CreditCredit requested by it, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.
(b) In addition to the foregoing fees, the Parent Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 2 contracts
Sources: Credit Agreement (Wolverine World Wide Inc /De/), Credit Agreement (Wolverine World Wide Inc /De/)
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Eurocurrency Loans under the US$ Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the US$ Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the each Issuing Lender for its own account a fronting fee of 0.25% per annum on the face undrawn and unexpired amount of each Letter of CreditCredit issued by it, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender Lenders for such normal and customary costs and expenses as are incurred or charged by the such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 2 contracts
Sources: Credit Agreement (Church & Dwight Co Inc /De/), Credit Agreement (Church & Dwight Co Inc /De/)
Fees and Other Charges. (a) The Borrower will pay a fee ("Letter of Credit Fees") on all outstanding Letters of Credit at a per annum rate equal to the L/C Applicable Margin then in effect with respect to Eurodollar Loans under Percentage multiplied by the Revolving Facility on the face amount Stated Amount of such each Letter of Credit, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the each Issuing Lender for its own account a fronting fee of 0.25% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after Credit issued by it as agreed between the issuance date of Borrower and such Letter of Credit.
(b) Issuing Lender. In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of CreditCredit issued by it.
Appears in 2 contracts
Sources: Credit Agreement (Dominion Resources Inc /Va/), Credit Agreement (Consolidated Natural Gas Co/Va)
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the each Issuing Lender for its own account a fronting fee calculated at the rate of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of CreditCredit issued by such Issuing Lender, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the each Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 2 contracts
Sources: Credit Agreement (Itron Inc /Wa/), Credit Agreement (Itron Inc /Wa/)
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face daily average aggregate of the undrawn and unexpired amount of each Letter all Letters of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of CreditIssuance Date.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 2 contracts
Sources: Credit Agreement (Inamed Corp), Credit Agreement (Inamed Corp)
Fees and Other Charges. (ai) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin Rate then in effect with respect to Eurodollar Eurocurrency Loans under the Revolving Facility on the face amount of each such Letter of Credit, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the each Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.
(bii) In addition to the foregoing fees, the Borrower shall pay or reimburse the each Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 2 contracts
Sources: Credit Agreement (NICE Ltd.), Credit Agreement (NICE Ltd.)
Fees and Other Charges. (a) The Borrower will pay a fee on the aggregate drawable amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Revolving Credit Loans under the Revolving Facility on the face amount of such Letter of Creditthat are SOFR Loans, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the each Issuing Lender for its own account a fronting fee of in an amount equal to 0.25% per annum on of the face aggregate drawable amount of each Letter all outstanding Letters of CreditCredit issued by it, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of CreditIssuance.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the each Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 2 contracts
Sources: Credit Agreement (B&G Foods, Inc.), Credit Agreement (B&G Foods, Inc.)
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Revolving Loans under the Revolving Facility on the face amount of such Letter of Creditthat are Term SOFR Loans, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the each Issuing Lender for its own account a fronting fee of 0.25equal to 0.125% per annum on multiplied by the face daily average undrawn and unexpired amount of each Letter of CreditCredit issued by such Issuing Lender, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of CreditDate.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 1 contract
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Term Benchmark Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the each Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of CreditCredit issued by such Issuing Lender, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the each Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 1 contract
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 1 contract
Sources: Credit Agreement (Intersil Corp/De)
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of Credit, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.. 43
Appears in 1 contract
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to (i) the Applicable Margin then in effect with respect to Eurodollar Loans under minus 1/8% times (ii) the Revolving Facility on the average daily undrawn face amount of all such Letter Letters of Credit, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the relevant Issuing Lender for its own account a fronting fee of 0.25% per annum on the face amount of each Letter of Creditat a rate to be agreed with such Issuing Lender, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of CreditIssuance Date.
(ba) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 1 contract
Sources: Credit Agreement (Selfix Inc /De/)
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditLoans, shared ratably among the Revolving Lenders Lenders, in accordance with their respective Commitments, and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of CreditIssuance Date. In addition, the Borrower shall pay to the each Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of CreditCredit issued by such Issuing Lender, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of CreditIssuance Date.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the each Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 1 contract
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters the undrawn and unexpired amount of each Letter of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditEurodollarTerm Benchmark Loans, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% the rate or rates per annum separately agreed upon between the Borrower and the Issuing Bank on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 1 contract
Sources: Seventh Amendment and Extension Agreement (Air Lease Corp)
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters the undrawn and unexpired amount of each Letter of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditTerm Benchmark Loans, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% the rate or rates per annum separately agreed upon between the Borrower and the Issuing Bank on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 1 contract
Sources: Credit Agreement (Air Lease Corp)
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters Letter of Credit fee calculated at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility and payable on the portion that is available for drawing of the face amount of such Letter all outstanding Letters of Credit, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C LC Fee Payment Date after the issuance date of such Letter of CreditDate. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of CreditCredit that is available for drawing, payable quarterly in arrears on each L/C LC Fee Payment Date after the issuance date of such Letter of CreditDate.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 1 contract
Fees and Other Charges. (a) The Borrower will pay a fee on the aggregate drawable amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditCredit Facility, shared ratably among the Revolving Credit Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee on the aggregate drawable amount of 0.25all outstanding Letters of Credit of 1/8 of 1% per annum on the face amount of each Letter of Creditannum, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 1 contract
Fees and Other Charges. (a) The Borrower Borrowers will jointly and severally pay a fee on the Dollar Equivalent of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar EurodollarTerm Benchmark Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the applicable Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.
(ba) In addition to the foregoing fees, the Borrower Borrowers shall jointly and severally pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 1 contract
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditLoans, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit. date.
(b) In addition, the Borrower shall pay to the applicable Issuing Lender for its own account a fronting fee of 0.25at a rate separately agreed between the Borrower and the Issuing Lenderequal to 0.125% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.
(bc) In addition to the foregoing fees, the Borrower shall pay or reimburse the applicable Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 1 contract
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the relevant Issuing Lender for its own account a fronting fee of 0.25% per annum on the face undrawn and unexpired amount of each Letter of CreditCredit issued by such Issuing Lender, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of CreditIssuance Date.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the relevant Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 1 contract
Sources: Credit Agreement (Charter Communications Holdings Capital Corp)
Fees and Other Charges. (a) The Subject to Section 3.10, Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditLoans, shared ratably among the Revolving Lenders Lenders, in accordance with their respective Commitments, and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of CreditIssuance Date. In addition, the Borrower shall pay to the each Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of CreditCredit issued by such Issuing Lender, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of CreditIssuance Date.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the each Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 1 contract
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditLoans, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee in an amount equal to 0.125% (as of 0.25% per annum on the face Closing Date) of the undrawn and unexpired amount of each Letter of CreditCredit as agreed by the Borrower and the Issuing Lender, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 1 contract
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters Letter of Credit fee calculated at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility and payable on the face amount of such Letter all outstanding Letters of Credit, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C LC Fee Payment Date after the issuance date of such Letter of CreditDate. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C LC Fee Payment Date after the issuance date of such Letter of CreditDate.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 1 contract
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to (i) the Applicable Margin then in effect with respect to Eurodollar Loans under minus 1/8% times (ii) the Revolving Facility on the average daily undrawn face amount of all such Letter Letters of Credit, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the relevant Issuing Lender for its own account a fronting fee of 0.25% per annum on the face amount of each Letter of Creditat a rate to be agreed with such Issuing Lender, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of CreditIssuance Date.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 1 contract
Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the applicable Issuing Lender for its own account a fronting fee of 0.25% per annum on the face undrawn and unexpired amount of each Letter of CreditCredit issued by such Issuing Lender, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the each Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 1 contract
Sources: Credit Agreement (Delphi Corp)
Fees and Other Charges. (a) The Borrower will pay a fee on the aggregate drawable amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Revolving Credit Loans under the Revolving Facility on the face amount of such Letter of Creditthat are EurodollarSOFR Loans, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the each Issuing Lender for its own account a fronting fee of in an amount equal to 0.25% per annum on of the face aggregate drawable amount of each Letter all outstanding Letters of CreditCredit issued by it, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of CreditIssuance.
(b) In addition to the foregoing fees, the Borrower shall pay or reimburse the each Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.
Appears in 1 contract
Sources: Credit Agreement (B&G Foods, Inc.)