Bank Guarantee Commission. Each Borrower for whose account a Bank Guarantee is issued shall pay to the Facility Agent for the account of each Lender a commission at a rate equal to the Margin applicable to the Revolving Facility on that Lender's Contingent Liability from day to day in relation to that Bank Guarantee. That commission shall be payable quarterly in arrear from the date of this agreement for so long as that Lender has any such Contingent Liability and on the date on which it ceases to have any such Contingent Liability.
Appears in 2 contracts
Samples: Senior Facilities Agreement (Ugi Corp /Pa/), Senior Facilities Agreement (Ugi Corp /Pa/)
Bank Guarantee Commission. Each Borrower for whose account a Bank Guarantee is issued shall pay to the Facility Agent for the account of each Lender a commission at a rate equal to the Margin applicable to the Revolving Facility from time to time on that Lender's Contingent Liability from day to day in relation to that Bank Guarantee. That The commission shall be payable quarterly in arrear from the date of this agreement for so long as that Lender has any such Contingent Liability and on the date on which it ceases to have any such Contingent Liability.
Appears in 2 contracts
Samples: Senior Credit Agreement (Ocallaghan Barry), Senior Credit Agreement (Delta I Acquisition Inc)
Bank Guarantee Commission. Each Borrower for whose account a Bank Guarantee is issued shall pay to the Facility Agent for the account of each Lender a commission at a rate equal to the Margin applicable to the Revolving Facility on that Lender's Contingent Liability from day to day in relation to that Bank Guarantee. That commission shall be payable quarterly in arrear from the date of this agreement issuance of such Bank Guarantee for so long as that Lender has any such Contingent Liability and on the date on which it ceases to have any such Contingent Liability.
Appears in 1 contract
Samples: Credit Agreement (Fimep Sa)
