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. (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.
(b) The Commitment Fees shall commence to accrue on the date this Credit Agreement is executed by all the parties hereto.
(c) In addition, LGEI agrees to pay to the Administrative Agent, on the date this Credit Agreement is executed by all the parties hereto, any and all fees that are then due and payable pursuant to the Fee Letter; provided, however, that any such fees payable for the benefit of the Canadian Dollar Lenders thereunder shall be paid by LGEC to the Canadian Agent for the account of each Canadian Dollar Lender.
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. The BORROWERS agree 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 0.375% 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, the BORROWERS agree to pay to the Agent the additional fees specified in the Term Sheet.
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.
(b) The Company agrees to pay to the Agent for the pro rata benefit of the Banks commissions for issuing each Letter of Credit (calculated separately for each Letter of Credit) at the rate per annum equal to the Applicable Margin for Eurodollar Loans in effect on the date of the issuance of such Letter of Credit times the daily average maximum amount from time to time of such Letter of Credit, provided that each Letter of Credit shall bear a minimum commission of $500.00 and that each Letter of Credit shall be deemed to be outstanding up to the full face amount of the Letter of Credit until the Agent has received the cancelled Letter of Credit or a written cancellation of the Letter of Credit from the beneficiary of such Letter of Credit in form and substance acceptable to the Agent, or for any reductions in the amount of the Letter of Credit (other than from a drawing), written notification from the beneficiary of such Letter of Credit. Such commissions are due quarterly in arrears. In addition the Company shall pay the Agent a fronting fee for issuing the Letters of Credit (calculated separately for each Letter of Credit) of the sum of (i) 1/8% per annum times the daily average maximum amounts from time to time of such Letter of Credit plus (ii) $250. Such fronting fee is payable in advance at issuance of the Letter of Credit.
(c) The Company shall pay (i) to Chase for the account of Chase such other fees as are set forth in the Chase Fee Letter on the dates specified therein to the extent not paid prior to the date of this Agreement, or as may be mutually agreed upon in writing by the Company and Chase, (ii) to Bank of America, N.A. for the account of Bank of America, N.A. such other fees as are set fort...
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. (a) The Company agrees to pay to each Bank, through the Administrative Agent, on the date on which the Term Loan Commitment of such Bank is terminated (including upon the funding of the Term Loans on the Closing Date), in immediately available funds, a commitment fee (a “Commitment Fee”) calculated at a rate per annum equal to the Applicable Commitment Fee Rate from time to time in effect on the average daily amount of each Class of undrawn Term Loan Commitments of such Bank, during the period from and including July 8, 2019 to but excluding the date on which such Term Loan Commitment terminates. All Commitment Fees shall be computed on the basis of the actual number of days elapsed (including the first day but excluding the last day) in a year of 365 or 366 days, as the case may be.
(b) The Company agrees to pay the other applicable fees required to be paid in the amounts and the times as set forth in the Fee Letters.
(c) Fees paid hereunder shall not be refundable under any circumstances.
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.
(b) The Commitment Fees shall commence to accrue on the date this Credit Agreement is executed by all the parties hereto.
(c) In addition, the Borrowers agree to pay to the Administrative Agent, on the date this Credit Agreement is executed by all the parties hereto, any and all fees that are then due and payable pursuant to the Fee Letter.
Commitment Fee and Other Fees. (a) LGEI agrees to pay to the Administrative Agent for the account of each LGEI Lender on the last Business Day of each March, June, September and December in each year (commencing on the last Business Day of September 2008) and on the date of any termination or reduction of the LGEI Commitment, as applicable, and on the Commitment Termination Date, a fee (the “Commitment Fee” and collectively, for all the Lenders, the “Commitment Fees”) as follows:
(A) in the event that the sum of (i) the average amount of the outstanding Loans and (ii) the average L/C Exposure during the previous period or quarter were equal to or less than 50% of the Total Commitment, an amount equal to 0.50% 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 Group Lender’s Commitment (as such Commitment may be reduced in accordance with the provisions of this Credit Agreement) exceeded the sum of such Group Lender’s Pro Rata Share of the L/C Exposure plus the aggregate principal amount of such Group Lender’s outstanding Loans.
(B) in the event that the sum of (i) the average amount of the outstanding Loans and (ii) the average L/C Exposure during the previous period or quarter were greater than 50% of the Total Commitment, an amount equal to 0.375% 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 Group Lender’s Commitment (as such Commitment may be reduced in accordance with the provisions of this Credit Agreement) exceeded the sum of such Group Lender’s Pro Rata Share of the L/C Exposure plus the aggregate principal amount of such Group Lender’s outstanding Loans.
(b) The Commitment Fees shall commence to accrue on the date this Credit Agreement is executed by all the parties hereto.
(c) In addition, LGEI agrees to pay to the Administrative Agent, on the date this Credit Agreement is executed by all the parties hereto, any and all fees that are then due and payable pursuant to the Fee Letter;
