Commitment and Other Fees. The Borrower will pay to the Agent, for the account of each of the Banks, on the first day of each calendar quarter, commencing on April 1, 1999 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 a rate per annum which shall at all times be equal to the Applicable Commitment Fee Rate, as in effect from time to time, appropriately prorated for any partial calendar quarter. 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 under Section 2.11 for the account of the 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 under Section 2.11 for the account of the Borrower. The Borrower will also pay to Fleet certain Agent's fees, origination fees and other fees with respect to the Loans, all as separately agreed between Fleet and the Borrower. The Commitment Fees, origination fees, Agent's fee and other fees provided for in this Section 2.06 are in addition to any fees, balances or charges which may be applicable to other services now or hereafter provided to the Borrower by any Bank or by any of their respective affiliates.
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.
(b) The Borrower agrees to pay to the Agents and the Lead Arrangers the fees in the amounts and on the dates previously agreed to in writing by the Borrower, the Agents and the Lead Arrangers.
Commitment and Other Fees. Subject to Section 10.8:
(a) Borrower shall pay to the Agent, for the ratable account of the Banks, the following fees: (i) 1/8 of 1% per annum on each Unavailable Commitment during the Revolving Availability Period, (ii) 1/4 of 1% per annum on the total unused portion of the Revolving Commitments of all Banks (other than the then applicable, if any, Unavailable Commitment) during the Revolving Availability Period, and (iii) 1/4 of 1% per annum on the total unused portion of the Term Commitments of all Banks during the Term Availability Period. As to such fees attributable to the Revolving Commitments, such fees shall be payable quarterly in arrears on each Quarterly Date during the Revolving Availability Period and on the Revolving Commitment Termination Date. As to the Term Commitments, such fee shall be payable quarterly in arrears on each Quarterly Date during the Term Availability Period and on the Term Commitment Termination Date.
(b) Borrower shall pay to the Issuing Bank and the Banks, by remittance to the Agent, the respective fees referred to in Section 2.14 as consideration for the issuance and maintenance
(c) On the Closing Date and on each anniversary date of the Closing Date prior to the termination all Commitments, Borrower shall pay the Agent, for its own account, an annual, non-refundable Agent's fee as set forth in a fee letter agreement of even date herewith, between Borrower and the Agent.
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 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.
(b) On the Effective Date, the Borrower shall pay to the Agent for the benefit of and disbursement to the Lenders a nonrefundable facility fee equal to $50,000 which shall be distributed by the Agent to the Lenders pro rata based on their commitments.
(c) The Borrower agrees to pay to the Agent, for its own account, the amounts set forth in the letter agreement dated April __, 1999 between the Borrower and PNC in consideration of PNC's acting as Agent hereunder. The Agent's compensation shall be paid on the dates set forth in said letter.
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:
(a) the fees in the amounts and on the dates as set forth in the Fee Letter and to perform any other obligations contained therein, and
(b) as additional compensation for the Revolving Commitment, the Borrower shall pay the Administrative Agent for the benefit of Revolving Lenders, in arrears, on the first day of each calendar quarter from and after the Closing Date through the Revolving Termination Date and on the Revolving Termination Date, a fee for the Borrower’s non use of available funds in an amount equal to the 0.50% per annum (calculated on the basis of a 360 day year for actual days elapsed) multiplied by the difference between (x) the Revolving Commitment (as it may be reduced from time to time) and (y) the average for the period of the daily closing balance of the Revolving Loans outstanding (including the sum of the aggregate undrawn amount of all outstanding Letters of Credit at such time plus the aggregate amount of all L/C Disbursements that have not yet been reimbursed or converted into Revolving Loans) during the period for which such fee is due.
(c) All fees payable under this Section 2.9 and the Fee Letter shall be fully earned on the date paid and nonrefundable.
Commitment and Other Fees. Subject to Section 10.8:
(a) Operating Subsidiary shall pay to the Agent, for the ratable account of the Banks, the following fees: (i) 1/5 of 1% per annum on the total unused portion of the Revolving Commitments of all Banks during the Revolving Availability Period. Such fees shall be payable quarterly in arrears on each Quarterly Date during the Revolving Availability Period and on the Revolving Commitment Termination Date.
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. 31 6.3 Commercial Letter of Credit Fees................................ 31 6.4 Standby Letter of Credit Fees................................... 32 6.5
Commitment and Other Fees. 25 2.4 Termination or Reduction of Commitments....................
