Acceptance Fees. Upon the issue of any Acceptance, Cascades must pay to the relevant Lender (or to the Administrative Agent for the account of such Lender) an acceptance fee at an annual rate equal to the Applicable Rate. The acceptance fee will be calculated on the face amount of the applicable Acceptance and for the number of days included in the period of same. Any such payment may be made in the manner provided in Section 3.2(a).
Appears in 3 contracts
Samples: Credit Agreement (Cascades Inc), Credit Agreement (Cascades Inc), Credit Agreement (Cascades Inc)
Acceptance Fees. Upon the issue of any Acceptance, Cascades must pay to the relevant Revolving Lender (or to the Administrative Agent for the account of such Revolving Lender) an acceptance fee at an annual rate equal to the Applicable Rate. The acceptance fee will be calculated on the face amount of the applicable Acceptance and for the number of days included in the period of same. Any such payment may be made in the manner provided in Section 3.2(a).
Appears in 2 contracts
Acceptance Fees. Upon the issue of any Acceptance, Cascades or Boxboard (as applicable) must pay to the relevant Lender (or to the Administrative Agent for the account of such Lender) an acceptance fee at an annual rate equal to the Applicable Rate. The acceptance fee will be calculated on the face amount of the applicable Acceptance and for the number of days included in the period of same. Any such payment may be made in the manner provided in Section 3.2(a).
Appears in 1 contract
Acceptance Fees. Upon the issue of any Acceptance, Cascades must pay to the relevant Lender (or to the Administrative Agent for the account of such Lender) an acceptance fee at an annual rate equal to the Applicable Rate. The acceptance fee will be calculated on the face amount of the applicable Acceptance and for the number of days included in the period of same. Any such payment may be made in the manner provided in Section 3.2(a).
Appears in 1 contract
Samples: Credit Agreement (Cascades Inc)