Common use of Commitment Fees and Other Fees Clause in Contracts

Commitment Fees and Other Fees. (a) The Parent agrees to pay 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 December 1996) prior to the Commitment Termination Date and on the Commitment Termination Date, an aggregate fee (the "Commitment Fees") of 3/8 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 Credit Agreement, exceeds the sum of such Lender's Percentage of outstanding Loans plus its Percentage of L/C Exposure during the preceding period or quarter.

Appears in 1 contract

Samples: All American Communications Inc

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Commitment Fees and Other Fees. (a) The Parent Borrower agrees 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 month (commencing on the last Business Day of December 19962010) prior to the Commitment Termination Date and on the Commitment Termination Date, an aggregate fee (the "Commitment Fees") of 3/8 of 1% one percent (1.00%) per annum, computed on the basis of the actual number of days elapsed during the preceding period or month over a year of 360 365/366 days, as the case may be, on the average daily amount by which such Lender's ’s Commitment, as such Commitment may be reduced in accordance with the provisions of this Credit Agreement, exceeds the sum of the principal balance of such Lender's Percentage of ’s outstanding Loans plus its Percentage such Lender’s Pro Rata Share of all L/C Exposure during the preceding period or quarter.

Appears in 1 contract

Samples: Guaranty and Pledge Agreement

Commitment Fees and Other Fees. (a) The Parent agrees 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 December 1996) prior to the Commitment Termination Date and on the Commitment Termination Date, an aggregate fee (the "Commitment FeesCOMMITMENT FEES") of 3/8 .3750 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 Credit Agreement, exceeds the sum of the principal balance of such Lender's Percentage of outstanding Loans plus its Percentage of L/C Exposure during the preceding period or quarter.

Appears in 1 contract

Samples: And Pledge Agreement (Trimark Holdings Inc)

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Commitment Fees and Other Fees. (a) The Parent Borrower agrees to pay 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 December 1996June 1999) prior to the Commitment Termination Date and on the Commitment Termination Date, an aggregate fee (the "Commitment FeesCOMMITMENT FEE") of 3/8 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 by which such the Lender's Commitment, as such Commitment may be reduced in accordance with the provisions of this Credit Agreement, exceeds the sum of such the principal balance of the Lender's Percentage of outstanding Loans plus its Percentage of L/C Exposure during the preceding period or quarter.

Appears in 1 contract

Samples: Guaranty Agreement (Newstar Media Inc)

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