Commitment Fee and Other Fees. The Borrower agrees to pay in arrears to the Agent for the account of each Lender on the last Business Day of each March, June, September and December in each year (commencing on the last Business Day of September 2003), prior to the Commitment Termination Date and on the Commitment Termination Date, a fee (the "Commitment Fee") of 1/10 of 1% per annum, computed on the basis of the actual number of days elapsed over a year of 360 days, on the average daily amount by which such Lender's Commitment, as such Commitment may be reduced in accordance with the provisions of this Agreement, exceeds the sum of the principal balance of such Lender's outstanding Loans, and/or such Lender's then current L/C Exposure during the preceding period or quarter. Such Commitment Fee shall commence to accrue on and including the date on which this Agreement is fully executed and shall cease to accrue on and excluding the Commitment Termination Date.
Commitment Fee and Other Fees. From and after the Closing Date, the Borrower shall pay to the Administrative Agent for the ratable account of the Lenders in accordance with their Percentages a commitment fee accruing at a rate per annum equal to the Commitment Fee Rate on the average daily amount of the difference between the total Commitments (whether used or unused) and the principal balance of all Loans then outstanding. Such commitment fee is payable in arrears on the last Business Day of each calendar quarter and on the Termination Date, and if the Commitments are terminated in whole prior to the Termination Date, the fee for the period to but not including the date of such termination shall be paid in whole on the date of such termination. On the Closing Date, the Borrower shall pay to the Administrative Agent for the ratable account of the Lenders in accordance with their Percentages all other fees payable to the Lenders pursuant to the Fee Letters.
Commitment Fee and Other Fees. The Company shall pay to the Administrative Agent for the account of the Lenders an aggregate commitment fee on the daily average unused amount of such Lender's Available Canadian Subcommitment for the period from and including the Effective Date of this Agreement to and including the Termination Date, at a rate per annum equal to the Facility Fee Rate. The commitment fee shall be payable in arrears on each Quarterly Date and on the Termination Date.
Commitment Fee and Other Fees. (a) LGEI agrees to pay to the Administrative Agent for the account of each U.S. Dollar Lender on the last Business Day of each March, June, September and December in each year (commencing on the last Business Day of December, 2003) and LGEC agrees to pay on the last day of each calendar month to the Canadian Agent for the account of each Canadian Dollar Lender prior to the Commitment Termination Date, in each case on the date of any termination or reduction of either of the Canadian Dollar Credit Commitment or the U.S. Dollar Revolving Credit Commitment, as applicable, and on the Commitment Termination Date, a fee (the "Commitment Fee" and collectively, for all the Lenders, the "Commitment Fees") of 1/2 of 1% per annum (computed on the basis of the actual number of days elapsed during the preceding period or quarter over a year of 360 days in the case of Commitment Fees paid to the Administrative Agent and 365 days in the case of Commitment Fees paid to the Canadian Agent) on the average daily amount during the preceding period or quarter by which such Lender's Revolving Credit Commitment (as such Revolving Credit Commitment may be reduced in accordance with the provisions of this Credit Agreement) exceeded (i) in the case of the U.S. Dollar Lenders the sum of such Lender's Pro Rata Share of the U.S. L/C Exposure plus the aggregate principal amount of such Lender's outstanding U.S. Dollar Revolving Credit Loans and (ii) in the case of Canadian Dollar Lenders, the sum of the aggregate principal amount of such Lender's outstanding Canadian Dollar Loans plus the Canadian L/C Exposure plus the aggregate face amount of outstanding Bankers' Acceptances which have been accepted by such Lender.
Commitment Fee and Other Fees. BORROWER agrees to pay to the Agent for the account of each Bank a commitment fee on the daily average unused amount of such Bank's Commitment for the period from and including the Closing Date to and including the Maturity Date, at the rate of 0.50% per annum based on a 365 day year and the actual number of days elapsed. Accrued commitment fees shall be payable in arrears on each Quarterly Date beginning on December 31, 1996, and on the Maturity Date. Furthermore, BORROWER agrees to pay to the Agent the additional fees specified in the Term Sheet.
Commitment Fee and Other Fees. Sellers shall pay the Commitment Fee and any other fees, if any, as specified in any side letter related to this Agreement. Such payment shall be made in Dollars in immediately available funds, without deduction, set off or counterclaim, to Administrative Agent at such account designated in writing by Administrative Agent.
Commitment Fee and Other Fees. (a) The Company shall pay to the Agent for the account of each Bank a Commitment Fee on the daily average unused amount of the Aggregate Commitments for the period from and including the Closing Date up to but excluding the earlier of the date the Aggregate Commitments are terminated or the Maturity Date, at a rate per annum equal to the Applicable Margin for commitment fees in effect from time to time. For each day during any calendar quarter, the Applicable Margin for commitment fees shall be the Applicable Margin for commitment fees in effect on the first day of such calendar quarter. Accrued commitment fees shall be payable on each Quarterly Date in arrears and on the earlier of the date the Aggregate Commitments are terminated or the Maturity Date.
Commitment Fee and Other Fees. From and after the Closing Date, the Borrower shall pay to the Administrative Agent for the ratable account of the Lenders in accordance with their Percentages a commitment fee accruing at a rate per annum equal to the Commitment Fee Rate on the average daily amount of the difference between the total Commitments (whether used or unused) and the principal balance of all Loans then outstanding. Such commitment fee is payable in arrears on the last Business Day of each calendar quarter and on the Termination Date, and if the Commitments are terminated in whole prior to the Termination Date, the fee for the period to but not including the date of such termination shall be paid in whole on the date of such termination. On the Closing Date, the Borrower shall pay to the Administrative Agent for the ratable account of the Lenders in accordance with their Percentages all other fees payable to the Lenders pursuant to the Fee Letters. 1663651.11-New York Server 7A - MSW
Commitment Fee and Other Fees. The Credit Parties agree to pay to the Administrative Agent for the account of each Lender on the last Business Day of each March, June, September and December in each year (commencing on the last Business Day of December, 2009) and on the date of any termination or reduction of the Commitment, as applicable, and on the Commitment Termination Date, a fee (the “Commitment Fee” and collectively, for all the Lenders, the "Commitment Fees”) in an amount equal to 0.75% per annum (computed on the basis of the actual number of days elapsed during the preceding period or quarter over a year of 360 days) on the average daily amount during the preceding period or quarter by which such Lender’s Commitment (as such Commitment may be reduced in accordance with the provisions of this Credit Agreement) exceeded the sum of such Lender’s Pro Rata Share of the L/C Exposure plus the aggregate principal amount of such Lender’s outstanding Loans.
Commitment Fee and Other Fees. (a) The Borrowers agree to pay to the Administrative Agent for the account of each Lender on the last Business Day of each March, June, September and December in each year (commencing on the last Business Day of March, 2000) prior to the Commitment Termination Date, on the date of any termination or reduction of the Total Commitment, and on the Commitment Termination Date, a fee (the "Commitment Fee" and collectively, for all the Lenders, the "Commitment Fees") of 1/2 of 1% per annum (computed on the basis of the actual number of days elapsed during the preceding period or quarter over a year of 360 days) on the average daily amount during the preceding period or quarter by which such Lender's Commitment (as such Commitment may be reduced in accordance with the provisions of this Credit Agreement) exceeded the sum of such Lender's Percentage of the L/C Exposure plus the aggregate principal amount of such Lender's outstanding Loans.
