Commitment and Other Fees. Subject to Section 10.8:
Commitment and Other Fees. (a) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee for the period from and including the Closing Date to the last day of the Revolving Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on each Fee Payment Date, commencing on the first such date to occur after the date hereof.
Commitment and Other Fees. Section 2.10.
Commitment and Other Fees. (a) The Borrower agrees to pay to the Agent for the benefit of and disbursement to the Lenders a nonrefundable commitment fee in respect of the Commitments to make Revolving Credit Loans, for the period from and including the date hereof to the Maturity Date, computed at a rate per annum equal to the Applicable Fee Rate for each calendar quarter, calculated on the basis of a 360-day year for the actual days elapsed, on the average daily amount of the aggregate Available Commitments during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Maturity Date or such earlier date as the Commitments shall terminate as provided herein, commencing on the first of such dates to occur after the date hereof. As soon as practicable the Agent shall notify the Borrower and the Lenders of each determination of the Applicable Fee Rate.
Commitment and Other Fees. (a) In consideration of each Lender's Commitment, the Borrower agrees to pay to the Agent for the 63 account of each Lender a commitment fee (each a "Commitment Fee") (computed on the basis of the actual number of days elapsed in a year composed of 360 days, subject to the terms of Section 10.6 hereof) in an amount equal to the product of (A) one-quarter of one percent (.25%) times (B) such Lender's Unused Commitment. The Commitment Fee shall be due and payable in arrears (i) on the first Business Day of each December, March, June and September prior to the Maturity Date, commencing December 1, 1996, and (ii) on the Maturity Date, with each Commitment Fee to commence to accrue as of the date hereof and to be effective as to any reduction in the Total Commitment as of the date of any such decrease, and each Commitment Fee shall cease to accrue (except with respect to interest at the Past Due Rate on any unpaid portion thereof) on the Maturity Date. All past due Commitment Fees shall bear interest at the Past Due Rate and shall be payable upon demand by the Agent.
Commitment and Other Fees. The Borrower agrees to pay to the Administrative Agent for its own account and the account of the Lenders, as applicable:
Commitment and Other Fees. The U.S. Borrowers, jointly and severally, agree to pay to the Administrative Agent for the account of each Lender a commitment fee for the period from and including the date hereof to the Commitment Termination Date, computed at the rate of three-quarters of one percent per annum (0.75%) on the average daily amount of the unutilized and undrawn Commitment of such Lender during such period, payable quarterly in arrears on the last day of each quarter and on the Commitment Termination Date or such earlier date as the Commitment shall terminate as provided herein, commencing on the first of such dates to occur after the date hereof.
Commitment and Other Fees. At the date of this Agreement, the Borrowers are paying to the Agent, for the account of the respective Banks in accordance with their respective Revolving Loan Percentages, a non-refundable fee (the "Facility Fee") of $300,000. (If the within facility for Revolving Loans is hereafter amended or extended, the fees paid in connection with such amendment or extension will take into account the Facility Fee paid this day, although additional amounts may also be charged for any such amendment or extension.) Further, the Borrowers will pay (and will be jointly and severally obligated to pay) to the Agent, for the account of each of the Banks, on the first day of each calendar quarter, commencing on July 1, 1997 and on the Revolving Expiration Date or date of earlier termination of the within facility for Revolving Loans, commitment fees ("Commitment Fees") computed quarterly in arrears (being computed through the last day of the immediately preceding calendar quarter) on the daily average unused portion of such Bank's Revolving Loan Percentage of the Revolving Commitment Amount (as such Revolving Commitment Amount shall be in effect on the relevant day) during the calendar quarter (or portion thereof) for which such Commitment Fees are to be determined. Such Commitment Fees will be payable, based on such daily average unused portion of each Bank's Revolving Loan Percentage of the Revolving Commitment Amount, at the rate of 0.5% per annum. As used herein, the "unused portion" of a Bank's Revolving Loan Percentage of the Revolving Commitment Amount on any date shall mean that amount by which (x) such Bank's Revolving Loan Percentage of the then-effective Revolving Commitment Amount exceeds (y) the total of (1) the then total outstanding principal amount of all Revolving Loans made by such Bank plus (2) the total Letter of Credit Exposure of such Bank at such date. As used herein, the "Letter of Credit Exposure" of Fleet is the total outstanding amounts of all letters of credit issued by Fleet for the account of any Borrower, less the amounts participated to any other Bank hereunder. The "Letter of Credit Exposure" of any Bank other than Fleet is the total outstanding amount in which such other Bank has a participation interest with respect to letters of credit issued by Fleet for the account of any Borrower. The Borrowers will also pay (and will be jointly and severally obligated to pay) to Fleet certain Agent's fees and a facility fee and other consideration wit...
Commitment and Other Fees. 37 3.6. Termination or Reduction of Revolving Commitments....................... 37 3.7. L/C Commitment.......................................................... 37 3.8. Procedure for Issuance of Letter of Credit.............................. 38 3.9. Fees and Other Charges.................................................. 38 3.10. L/C Participations...................................................... 38 3.11. Reimbursement Obligation of the Borrower................................ 39 3.12.
Commitment and Other Fees. 30 6.3 Commercial Letter of Credit Fees............................. 31 6.4 Standby Letter of Credit Fees................................ 31 6.5
