Common use of Fees, Commissions and Other Charges Clause in Contracts

Fees, Commissions and Other Charges. (i) The Borrower shall pay to the Administrative Agent, for the account of the applicable Issuing Bank and the L/C Participants, with respect to each Letter of Credit issued hereunder, a per annum letter of credit fee, as and to the extent set forth in Section 2.4(c) hereof. In addition, the Borrower shall pay to the applicable Issuing Bank, for its own account, an issuing fee, as set forth in Section 2.4(d) hereof, with respect to each Letter of Credit issued by it hereunder. (ii) In addition to the foregoing fees and commissions, the Borrower shall pay or reimburse the applicable Issuing Bank for such normal and customary processing or transactional fees as are incurred or charged by such Issuing Bank in issuing, effecting payment under, amending or otherwise administering any Letter of Credit issued by it. (iii) The Administrative Agent shall, promptly following its receipt thereof, distribute to the Issuing Banks and the L/C Participants all fees and commissions received by the Administrative Agent for their respective accounts pursuant to this Section 2.14(c), along with an accounting of the relevant calculations.

Appears in 2 contracts

Sources: Credit Agreement (Ziff Davis Intermediate Holdings Inc), Credit Agreement (Etesting Labs Inc)

Fees, Commissions and Other Charges. (i) The Borrower shall pay to the Administrative Agent, for the account of the applicable each Issuing Bank and the L/C Participants, with respect to each Letter of Credit issued by such Issuing Bank hereunder, a per annum letter of credit fee, fee as and to the extent set forth in Section 2.4(c) hereofSECTION 2.4(B). In addition, the Borrower shall pay to the applicable each Issuing Bank, for its own account, an issuing fee, as set forth in Section 2.4(d) hereofSECTION 2.4(C), with respect to each Letter of Credit issued by it such Issuing Bank hereunder. (ii) In addition to the foregoing fees and commissions, the Borrower shall pay or reimburse the applicable each Issuing Bank for such normal and customary processing or transactional fees costs and expenses as are incurred or charged by such Issuing Bank in issuing, effecting payment under, amending or otherwise administering any Letter of Credit issued by it. (iii) The Administrative Agent shall, promptly following its receipt thereof, distribute to the each Issuing Banks Bank and the L/C Participants all fees and commissions received by the Administrative Agent for their respective accounts pursuant to this Section 2.14(cSECTION 2.14(C), along with an accounting of the relevant calculations.

Appears in 1 contract

Sources: Credit Agreement (Spectrasite Inc)

Fees, Commissions and Other Charges. (i) The Borrower shall pay to the Administrative Agent, for the account of the applicable each Issuing Bank and the L/C Participants, with respect to each Letter of Credit issued by such Issuing Bank hereunder, a per annum letter of credit fee, fee as and to the extent set forth in Section 2.4(c2.4(b) hereof. In addition, the Borrower shall pay to the applicable each Issuing Bank, for its own account, an issuing fee, as set forth in Section 2.4(d2.4(c) hereof, with respect to each Letter of Credit issued by it such Issuing Bank hereunder. (ii) In addition to the foregoing fees and commissions, the Borrower shall pay or reimburse the applicable each Issuing Bank for such normal and customary processing or transactional fees costs and expenses as are incurred or charged by such Issuing Bank in issuing, effecting payment under, amending or otherwise administering any Letter of Credit issued by it. (iii) The Administrative Agent shall, promptly following its receipt thereof, distribute to the each Issuing Banks Bank and the L/C Participants all fees and commissions received by the Administrative Agent for their respective accounts pursuant to this Section 2.14(c), along with an accounting of the relevant calculations.

Appears in 1 contract

Sources: Credit Agreement (Spectrasite Holdings Inc)

Fees, Commissions and Other Charges. (i) The Borrower shall pay to the Administrative Agent, for the account of the applicable Issuing Bank and the L/C Participants, with respect to each Letter of Credit issued hereunder, a per annum letter of credit fee, as and to the extent set forth in Section 2.4(c) hereof. In addition, the Borrower shall pay to the applicable Issuing Bank, for its own account, an issuing fee, as set forth in Section 2.4(d) hereof, with respect to each Letter of Credit issued by it hereunder.. 44 (ii) In addition to the foregoing fees and commissions, the Borrower shall pay or reimburse the applicable Issuing Bank for such normal and customary processing or transactional fees costs and expenses as are incurred or charged by such the Issuing Bank in issuing, effecting payment under, amending or otherwise administering any Letter of Credit issued by itCredit. (iii) The Administrative Agent shall, promptly following its receipt thereof, distribute to the Issuing Banks Bank and the L/C Participants all fees and commissions received by the Administrative Agent for their respective accounts pursuant to this Section 2.14(c), along with an accounting of the relevant calculations.

Appears in 1 contract

Sources: Credit Agreement (Spectrasite Holdings Inc)