Common use of Shared Fees Clause in Contracts

Shared Fees. The Company shall pay to the Administrative Agent for the ratable account of the Revolving Credit Lenders a letter of credit fee computed at the Applicable Margin on the maximum amount of the Letters of Credit from time to time outstanding, such fee to be paid quarterly in arrears on the last day of each December, March, June and September in each year to and including, and on, the Termination Date.

Appears in 1 contract

Sources: Credit Agreement (Curtice Burns Foods Inc)

Shared Fees. The Company shall pay to the Administrative Agent for the ratable account of the Revolving Credit Lenders a letter of credit fee computed at the Applicable Margin on the maximum amount of the Letters of Credit from time to time outstanding, such fee to be paid quarterly in arrears on the last first day of each December, March, June June, September and September December in each year to and including, and on, the Termination Date.

Appears in 1 contract

Sources: Credit Agreement (Morrison Knudsen Corp//)