Common use of Commitment and Letter of Credit Fees Clause in Contracts

Commitment and Letter of Credit Fees. No Defaulting Lender shall be entitled to receive any unused commitment fee or any letter of credit fee for any period during which that Lender is a Defaulting Lender (and the Borrower shall not be required to pay any such fee that otherwise would have been required to have been paid to that Defaulting Lender).

Appears in 1 contract

Samples: Credit Agreement (J2 Global, Inc.)

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Commitment and Letter of Credit Fees. (A) No Defaulting Lender shall be entitled to receive any unused commitment fee or any letter of credit fee for any period during which that Lender is a Defaulting Lender (and the Borrower shall not be required to pay any such fee that otherwise would have been required to have been paid to that Defaulting Lender).

Appears in 1 contract

Samples: Possession Credit Agreement (Windstream Services, LLC)

Commitment and Letter of Credit Fees. (A) No Defaulting Lender shall be entitled to receive any unused commitment fee or any letter of credit fee due under Section 2.12(a) for any period during which that Lender is a Defaulting Lender (and the Borrower shall not be required to pay any such fee that otherwise would have been required to have been paid to that Defaulting Lender).

Appears in 1 contract

Samples: Credit Agreement (Dean Foods Co)

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Commitment and Letter of Credit Fees. (A) No Defaulting Lender shall be entitled to receive any unused commitment fee or any letter of credit fee Commitment Fee for any period during which that Lender is a Defaulting Lender (and the Borrower shall not be required to pay any such fee that otherwise would have been required to have been paid to that Defaulting Lender).

Appears in 1 contract

Samples: Credit Agreement (Forward Air Corp)

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