Quarterly Statement. Administrative Agent shall, with reasonable promptness following receipt from all LC Issuers of the reports provided for in Section 4.8 for the months of March, June, September and December, respectively, deliver to Borrower a quarterly statement of the Facility Letter of Credit Fees then due and payable.
Appears in 2 contracts
Sources: Credit Agreement (MDC Holdings Inc), Credit Agreement (MDC Holdings Inc)
Quarterly Statement. Administrative Agent shall, with reasonable promptness following receipt from all LC Issuers Issuing Banks of the reports provided for in Section 4.8 for the months of March, June, September and December, respectively, deliver to Borrower a quarterly statement of the Facility Letter of Credit Fees then due and payable.
Appears in 1 contract
Sources: Credit Agreement (MDC Holdings Inc)