Commitment Fees; Other Fees. (a) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender (other than any Revolving Lender which has defaulted in its obligation to fund a Loan under this Agreement), a commitment fee for the period from and including the Closing Date to but excluding the Revolving Credit Termination Date (or such earlier date on which the Revolving Credit Commitments shall terminate as provided herein) computed at the rate per annum set forth in the definition of “Applicable Margin” under the heading “Commitment Fee” on the average daily Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable monthly in arrears on the last Business Day of each calendar month and on the Revolving Credit Termination Date or such earlier date on which the Revolving Credit Commitments shall terminate as provided herein, commencing on the first such date to occur after the date hereof. (b) The Borrower shall pay (without duplication of any other fee payable under this subsection 4.5) to each Agent any and all fees separately agreed to by the Borrower and such Agents. (c) In lieu of any letter of credit commissions and fees provided for in any Letter of Credit Application relating to a Letter of Credit (other than any standard issuance, amendment and negotiation fees), the Borrower will pay the Administrative Agent, (i) for the account of the Issuing Lender, a non-refundable fronting fee equal to 0.25% per annum payable annually in advance and (ii) for the account of the Issuing Lender (with respect to its Participating Interest) and the Participating Lenders to be shared ratably, a non-refundable Letter of Credit fee equal to the Applicable Margin in respect of Revolving Credit Loans which are Eurodollar Loans, in each case, on the amount available to be drawn under such Letter of Credit, such fees shall be payable quarterly in arrears on the last Business Day of each calendar quarter, and shall be calculated on the average daily amount available to be drawn under the Letters of Credit. (d) The Borrower agrees to pay the Issuing Lender for its own account the customary administration, amendment, transfer and negotiation fees charged by the Issuing Lender in connection with its issuance and administration of Letters of Credit.
Appears in 2 contracts
Samples: Credit Agreement (Napco Security Technologies, Inc), Credit Agreement (Napco Security Technologies, Inc)
Commitment Fees; Other Fees. (a) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender (other than any Revolving Lender which has defaulted in its obligation to fund a Loan under this Agreement), a commitment fee for the period from and including the Closing Date to but excluding the Revolving Credit Termination Date (or such earlier date on which the Revolving Credit Commitments shall terminate as provided herein) computed at the rate per annum set forth in the definition of “Applicable Margin” under the heading “Commitment Fee” on the average daily Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last Business Day of each calendar month quarter and on the Revolving Credit Termination Date or such earlier date on which the Revolving Credit Commitments shall terminate as provided herein, commencing on the first such date to occur after the date hereof.
(b) The Borrower shall pay (without duplication of any other fee payable under this subsection 4.5) to each Agent any and all fees separately agreed to by the Borrower and such Agents.
(c) In lieu of any letter of credit commissions and fees provided for in any Letter of Credit Application relating to a Standby Letter of Credit (other than any standard issuance, amendment and negotiation fees), the Borrower will pay the Administrative Agent, (i) for the account of the Issuing Lender, a non-refundable fronting fee equal to 0.250.25 of 1% per annum payable annually in advance and (ii) for the account of the Issuing Lender (with respect to its Participating Interest) and the Participating Lenders to be shared ratablyLenders, a non-refundable Standby Letter of Credit fee equal to the Applicable Margin in respect of Eurodollar Revolving Credit Loans which are Eurodollar Loans, in each case, case on the amount available to be drawn under such Standby Letter of Credit, such . Such fees shall be payable quarterly in arrears on the last Business Day of each calendar quarter, and shall be calculated on the average daily amount available to be drawn under the Standby Letters of Credit.
(d) In lieu of any letter of credit commissions and fees provided for in any Letter of Credit Application relating to a Commercial Letter of Credit (other than any standard issuance, amendment and negotiation fees), the Borrower will pay the Administrative Agent, (i) for the account of the Issuing Lender, a non-refundable fronting fee equal to 1/16 of 1% of the amount of such Commercial Letter of Credit, (ii) for the account of the Issuing Lender (with respect to its Participating Interest) and the Participating Lenders, a non-refundable Commercial Letter of Credit fee equal to 1/4 of 1% of the amount of such Letter of Credit. Such fees shall be payable to the Administrative Agent on the date of issuance and shall be distributed by the Administrative Agent to the Issuing Lender or the Participating Lenders, as applicable, promptly thereafter and (iii) for the account of the Administrative Agent, the normal and customary Letter of Credit application and processing fees.
(e) The Borrower agrees to pay the Issuing Lender for its own account the customary administration, amendment, transfer and negotiation fees charged by the Issuing Lender in connection with its issuance and administration of Letters of Credit.
Appears in 2 contracts
Samples: Credit Agreement (Nbty Inc), Revolving Credit Agreement (Nbty Inc)
Commitment Fees; Other Fees. (a) The Borrower Company agrees to pay to the Administrative Agent for the account of each Revolving Lender (other than any Revolving Lender which has defaulted in its obligation to fund a Loan under this Agreement), a commitment fee for the period from and including the Closing Date to but excluding the Revolving Credit Termination Date (or such earlier date on which the Revolving Credit Commitments shall terminate as provided herein) computed at the rate per annum set forth in the definition of “"Applicable Margin” under the heading “Commitment Fee” " on the average daily Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last Business Day day of each calendar month March, June, September and December and on the Revolving Credit Termination Date or such earlier date on which the Revolving Credit Commitments shall terminate as provided herein, commencing on the first such date to occur after the date hereof. For purposes of the commitment fee calculations only, Swing Line loans shall be deemed to be not outstanding.
(b) The Borrower Company shall pay (without duplication of any other fee payable under this subsection 4.55.5) to each the Administrative Agent any and all fees separately agreed to by the Borrower Company and such Agentsthe Administrative Agent.
(c) In lieu of any letter of credit commissions and fees provided for in any Letter of Credit Application relating to a Standby Letter of Credit (other than any standard issuance, amendment and negotiation fees), the Borrower Company will pay the Administrative Agent, (i) for the account of the Issuing Lender, a non-refundable fronting fee equal to 0.25_ of 1% per annum payable annually in advance and (ii) for the account of the Issuing Lender (with respect to its Participating Interest) and the Participating Lenders to be shared ratablyLenders, a non-refundable Standby Letter of Credit fee equal to the Applicable Margin in respect of Revolving Credit Loans which are Eurodollar Loans, in each case, case on the amount available to be drawn under such Standby Letter of Credit, such fees . Such fee shall be payable quarterly in arrears on the last Business Day of each calendar quarter, and shall be calculated on the average daily amount available to be drawn under the Standby Letters of Credit.
(d) In lieu of any letter of credit commissions and fees provided for in any Letter of Credit Application relating to a Commercial Letter of Credit (other than any standard issuance, amendment and negotiation fees), the Company will pay the Administrative Agent, (i) for the account of the Issuing Lender, a non-refundable fronting fee equal to 1/16 of 1% of the amount of such Commercial Letter of Credit, (ii) for the account of the Participating Lenders, a non-refundable Commercial Letter of Credit fee equal to 1/4 of 1% of the amount of such Letter of Credit. Such fee shall be payable to the Administrative Agent on the date of issuance and shall be distributed by the Administrative Agent to the Participating Lenders promptly thereafter and (iii) for the account of the Administrative Agent, the normal and customary Letter of Credit application and processing fees.
(e) The Borrower Company agrees to pay the Issuing Lender for its own account the its customary administration, amendment, transfer and negotiation fees charged by the Issuing Lender in connection with its issuance and administration of Letters of Credit.
Appears in 1 contract
Commitment Fees; Other Fees. (a) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender (other than any Revolving Lender which has defaulted in its obligation to fund a Loan under this Agreement), a commitment fee for the period from and including the Closing Date to but excluding the Revolving Credit Termination Date (or such earlier date on which the Revolving Credit Commitments shall terminate as provided herein) computed at the rate per annum set forth in the definition of “Applicable Margin” under the heading “Commitment Fee” on the average daily Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable monthly in arrears on the last Business Day of each calendar month and on the Revolving Credit Termination Date or such earlier date on which the Revolving Credit Commitments shall terminate as provided herein, commencing on the first such date to occur after the date hereof.
(b) . The Borrower shall pay (without duplication of any other fee payable under this subsection 4.5) to each Agent any and all fees separately agreed to by the Borrower and such Agents.
. The Borrower shall also pay for the account of each Lender on the Closing Date an upfront fee equal to .1% (c10 basis points) of such Lender’s total of the Revolving Credit Commitment and the Term Commitment. In lieu of any letter of credit commissions and fees provided for in any Letter of Credit Application relating to a Letter of Credit (other than any standard issuance, amendment and negotiation fees), the Borrower will pay the Administrative Agent, (i) for the account of the Issuing Lender, a non-refundable fronting fee equal to 0.25% per annum payable annually in advance and (ii) for the account of the Issuing Lender (with respect to its Participating Interest) and the Participating Lenders to be shared ratably, a non-refundable Letter of Credit fee equal to the Applicable Margin in respect of Revolving Credit Loans which are Eurodollar Loans, in each case, on the amount available to be drawn under such Letter of Credit, such fees shall be payable quarterly in arrears on the last Business Day of each calendar quarter, and shall be calculated on the average daily amount available to be drawn under the Letters of Credit.
(d) . The Borrower agrees to pay the Issuing Lender for its own account the customary administration, amendment, transfer and negotiation fees charged by the Issuing Lender in connection with its issuance and administration of Letters of Credit. Computation of Interest and Fees. Interest and fees shall be calculated on the basis of a 360-day year for the actual days elapsed (including the first day but excluding the last day. The Administrative Agent shall as soon as practicable notify the Borrower and the relevant Lenders of each determination of a Eurodollar Rate. Any change in the interest rate on a Loan resulting from a change in the Prime Rate shall become effective as of the opening of business on the day on which such change becomes effective. The Administrative Agent shall as soon as practicable notify the Borrower and the relevant Lenders of the effective date and the amount of each such change in the Prime Rate. Each determination of an interest rate by the Administrative Agent pursuant to any provision of this Agreement shall be conclusive and binding on the Borrower and the Lenders in the absence of manifest error. The Administrative Agent shall, at the request of the Borrower deliver to the Borrower a statement showing in reasonable detail the calculations used by the Administrative Agent in determining any interest rate pursuant to subsection 4.1. Inability to Determine Interest Rate. If prior to the first day of any Interest Period: the Administrative Agent shall have determined (which determination shall be conclusive and binding upon the Borrower) that, by reason of circumstances affecting the relevant market, adequate and reasonable means do not exist for ascertaining the Eurodollar Rate for such Interest Period, or the Administrative Agent has received notice from the Required Lenders that the Eurodollar Rate determined or to be determined for such Interest Period will not adequately and fairly reflect the cost to such Lenders of making or maintaining their Eurodollar Loans during such Interest Period, the Administrative Agent shall give telecopy or telephonic notice thereof to the Borrower and the Lenders as soon as practicable thereafter. If such notice is given (i) any Eurodollar Loans requested to be made on the first day of such Interest Period shall be made as Prime Loans in U.S. Dollars, (ii) any Loans that were to have been converted on the first day of such Interest Period to or continued as Eurodollar Loans shall be converted to or continued as Prime Loans and (iii) any outstanding Eurodollar Loans shall be converted on the last day of such Interest Period to Prime Loans. Until such notice has been withdrawn by the Administrative Agent, no further Eurodollar Loans shall be made or continued as such, nor shall the Borrower have the right to convert Prime Loans to Eurodollar Loans.
Appears in 1 contract
Commitment Fees; Other Fees. (a) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender (other than any Revolving Lender which has defaulted in its obligation to fund a Loan under this Agreement), a commitment fee for the period from and including the Original Closing Date to but excluding the Revolving Credit Termination Date (or such earlier date on which the Revolving Credit Commitments shall terminate as provided herein) computed at the rate per annum set forth in the definition of “Applicable Margin” under the heading “Commitment Fee” on the average daily Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last Business Day of each calendar month quarter and on the Revolving Credit Termination Date or such earlier date on which the Revolving Credit Commitments shall terminate as provided herein, commencing on the first such date to occur after the date hereof.
(b) The Borrower shall pay (without duplication of any other fee payable under this subsection 4.5) to each Agent any and all fees separately agreed to by the Borrower and such Agents.
(c) In lieu of any letter of credit commissions and fees provided for in any Letter of Credit Application relating to a Standby Letter of Credit (other than any standard issuance, amendment and negotiation fees), the Borrower will pay the Administrative Agent, (i) for the account of the Issuing Lender, a non-refundable fronting fee equal to 0.25% per annum payable annually in advance and (ii) for the account of the Issuing Lender (with respect to its Participating Interest) and the Participating Lenders to be shared ratablyLenders, a non-refundable Standby Letter of Credit fee equal to the Applicable Margin in respect of Eurodollar Revolving Credit Loans which are Eurodollar Loans, in each case, case on the amount available to be drawn under such Standby Letter of Credit, such . Such fees shall be payable quarterly in arrears on the last Business Day of each calendar quarter, and shall be calculated on the average daily amount available to be drawn under the Standby Letters of Credit.
(d) In lieu of any letter of credit commissions and fees provided for in any Letter of Credit Application relating to a Commercial Letter of Credit (other than any standard issuance, amendment and negotiation fees), the Borrower will pay the Administrative Agent, (i) for the account of the Issuing Lender, a non-refundable fronting fee equal to 1/16 of 1% of the amount of such Commercial Letter of Credit, (ii) for the account of the Issuing Lender (with respect to its Participating Interest) and the Participating Lenders, a non-refundable Commercial Letter of Credit fee equal to 1/4% of the amount of such Letter of Credit. Such fees shall be payable to the Administrative Agent on the date of issuance and shall be distributed by the Administrative Agent to the Issuing Lender or the Participating Lenders, as applicable, promptly thereafter and (iii) for the account of the Administrative Agent, the normal and customary Letter of Credit application and processing fees.
(e) The Borrower agrees to pay the Issuing Lender for its own account the customary administration, amendment, transfer and negotiation fees charged by the Issuing Lender in connection with its issuance and administration of Letters of Credit.
Appears in 1 contract
Samples: Credit Agreement (Nbty Inc)
Commitment Fees; Other Fees. (a) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender (other than any Revolving Lender which has defaulted in its obligation to fund a Loan under this Agreement), a commitment fee for the period from and including the Closing Date to but excluding the Revolving Credit Termination Date (or such earlier date on which the Revolving Credit Commitments shall terminate as provided herein) computed at the rate per annum set forth in the definition of “Applicable Margin” under the heading “Commitment Fee” on the average daily Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last first Business Day of each calendar month quarter and on the Revolving Credit Termination Date or such earlier date on which the Revolving Credit Commitments shall terminate as provided herein, commencing on the first such date to occur after the date hereof.
(b) The Borrower shall pay (without duplication of any other fee payable under this subsection 4.5) to each Agent any and all fees separately agreed to by the Borrower and such Agents.
(c) In lieu of any letter of credit commissions and fees provided for in any Letter of Credit Application relating to a Letter of Credit (other than any standard issuance, amendment and negotiation fees), the Borrower will pay the Administrative Agent, (i) for the account of the Issuing Lender, a non-refundable fronting fee equal to 0.25% per annum payable annually in advance and (ii) for the account of the Issuing Lender (with respect to its Participating Interest) and the Participating Lenders to be shared ratably, a non-refundable Letter of Credit fee equal to the Applicable Margin in respect of Revolving Credit Loans which are Eurodollar SOFR Rate Loans, in each case, on the amount available to be drawn under such Letter of Credit, such fees shall be payable quarterly in arrears on the last Business Day of each calendar quarter, and shall be calculated on the average daily amount available to be drawn under the Letters of Credit.
(d) The Borrower agrees to pay the Issuing Lender for its own account the customary administration, amendment, transfer and negotiation fees charged by the Issuing Lender in connection with its issuance and administration of Letters of Credit.
(e) The Borrower agrees to pay to the Administrative Agent, for the account of each Revolving Lender, an upfront fee equal to $20,000, which upfront fee shall be due and payable on the Closing Date; Such upfront fee shall be fully earned and non-refundable when required to be paid and may be charged by the Administrative Agent as a Revolving Credit Loan on the Closing Date.
Appears in 1 contract
Samples: Credit Agreement (Napco Security Technologies, Inc)
Commitment Fees; Other Fees. (a) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender (other than any Revolving Lender which has defaulted in its obligation to fund a Loan under this Agreement), a commitment fee for the period from and including the Amendment No. 7 Closing Date to but excluding the Revolving Credit Termination Date (or such earlier date on which the Revolving Credit Commitments shall terminate as provided herein) computed at the rate per annum set forth in the definition of “Applicable Margin” under the heading “Commitment Fee” on the average daily Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last Business Day of each calendar month quarter and on the Revolving Credit Termination Date or such earlier date on which the Revolving Credit Commitments shall terminate as provided herein, commencing on the first such date to occur after the date hereof..
(b) The Borrower shall pay (without duplication of any other fee payable under this subsection 4.5) to each Agent any and all fees separately agreed to by the Borrower and such Agents.
(c) In lieu of any letter of credit commissions and fees provided for in any Letter of Credit Application relating to a Letter of Credit (other than any standard issuance, amendment and negotiation fees), the Borrower will pay the Administrative Agent, (i) for the account of the Issuing Lender, a non-refundable fronting fee equal to 0.25% per annum payable annually in advance and (ii) for the account of the Issuing Lender (with respect to its Participating Interest) and the Participating Lenders to be shared ratably, a non-refundable Letter of Credit fee equal to the Applicable Margin in respect of Revolving Credit Loans which are Eurodollar Loans, in each case, on the amount available to be drawn under such Letter of Credit, such fees shall be payable quarterly in arrears on the last Business Day of each calendar quarter, and shall be calculated on the average daily amount available to be drawn under the Letters of Credit.
(d) The Borrower agrees to pay the Issuing Lender for its own account the customary administration, amendment, transfer and negotiation fees charged by the Issuing Lender in connection with its issuance and administration of Letters of Credit..
Appears in 1 contract
Samples: Credit Agreement (Napco Security Technologies, Inc)
Commitment Fees; Other Fees. (a) The Borrower Company agrees to pay to the Administrative Agent (i) for the account of each Revolving Lender (other than any Revolving Lender which has defaulted in its obligation to fund a Loan under this Agreement), a commitment fee for the period from and including the Closing Date to but excluding the Revolving Credit Termination Date (or such earlier date on which the Revolving Credit Commitments shall terminate as provided herein) computed at the rate per annum set forth in the definition of “"Applicable Margin” under the heading “Commitment Fee” " on the average daily Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last Business Day day of each calendar month March, June, September and December and on the Revolving Credit Termination Date or such earlier date on which the Revolving Credit Commitments shall terminate as provided herein, commencing on the first such date to occur after the date hereof; (ii) for the account of each Lender (other than any Lender which has defaulted in its obligation to fund a Loan under this Agreement), a commitment fee for the period from and including the Closing Date to but excluding the Term Loan Termination Date (or such earlier date on which the Term Loan Commitments shall terminate as provided herein) computed at the rate per annum set forth in the definition of "Applicable Margin" on the average daily Available Term Loan Commitment of such Lender 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 Term Loan Termination Date or such earlier date on which the Term Loan Commitments shall terminate as provided herein, commencing on the first such date to occur after the date hereof. For purposes of the commitment fee calculations only, Swing Line Loans shall be deemed to be not outstanding; and (iii) for the account of each New Revolving Credit Lender (other than any New Revolving Credit Lender which has defaulted in its obligation to fund a New Revolving Credit Loan under this Agreement), a commitment fee for the period from and including the Closing Date to but excluding the New Revolving Credit Conversion Date (or such earlier date on which the New Revolving Credit Commitments shall terminate as provided herein) computed at the rate per annum set forth in the definition of "Applicable Margin" on the average daily Available New Revolving Credit Commitment of such New Revolving Credit Lender 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 New Revolving Credit Conversion Date or such earlier date on which the New Revolving Credit Commitments shall terminate as provided herein, commencing on the first such date to occur after the date hereof.
(b) The Borrower Company shall pay (without duplication of any other fee payable under this subsection 4.55.5) to each the Administrative Agent any and all fees separately agreed to by the Borrower Company and such Agentsthe Administrative Agent.
(c) The Company shall pay to the Administrative Agent (i) on the Closing Date (A) for the account of the Lenders, an amendment fee (the "Amendment Fee") in an amount equal to 0.10% of the sum of each Lender's Term Loans, Revolving Credit Commitments and Existing New Revolving Credit Commitments and (B) for the account of the New Revolving Credit Lenders, an up-front fee (the "Up-Front Fee") in an amount equal to 0.25% of each New Revolving Credit Lender's New Revolving Credit Commitment Increase, and (ii) on the date of each borrowing made under the New Revolving Credit Commitment Increase, for the account of the New Revolving Credit Lenders, a drawdown fee (the "Drawdown Fee") in an amount equal to 0.25% of each incremental borrowing made under the New Revolving Credit Commitment Increase.
(d) In lieu of any letter of credit commissions and fees provided for in any Letter of Credit Application relating to a Standby Letter of Credit (other than any standard issuance, amendment and negotiation fees), the Borrower Company will pay the Administrative Agent, (i) for the account of the Issuing Lender, a non-refundable fronting fee equal to 0.25? of 1% per annum payable annually in advance and (ii) for the account of the Issuing Lender (with respect to its Participating Interest) and the Participating Lenders to be shared ratablyLenders, a non-refundable Standby Letter of Credit fee equal to the Applicable Margin in respect of Revolving Credit Loans which are Eurodollar Loans, in each case, case on the amount available to be drawn under such Standby Letter of Credit, such . Such fees shall be payable quarterly in arrears on the last Business Day of each calendar quarter, and shall be calculated on the average daily amount available to be drawn under the Standby Letters of Credit.
(de) In lieu of any letter of credit commissions and fees provided for in any Letter of Credit Application relating to a Commercial Letter of Credit (other than any standard issuance, amendment and negotiation fees), the Company will pay the Administrative Agent, (i) for the account of the Issuing Lender, a non-refundable fronting fee equal to 1/16 of 1% of the amount of such Commercial Letter of Credit, (ii) for the account of the Issuing Lender (with respect to its Participating Interest) and the Participating Lenders, a non-refundable Commercial Letter of Credit fee equal to 1/4 of 1% of the amount of such Letter of Credit. Such fees shall be payable to the Administrative Agent on the date of issuance and shall be distributed by the Administrative Agent to the Issuing Lender or the Participating Lenders, as applicable, promptly thereafter and (iii) for the account of the Administrative Agent, the normal and customary Letter of Credit application and processing fees.
(f) The Borrower Company agrees to pay the Issuing Lender for its own account the customary administration, amendment, transfer and negotiation fees charged by the Issuing Lender in connection with its issuance and administration of Letters of Credit.
Appears in 1 contract
Commitment Fees; Other Fees. (a) The Borrower Company agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender (other than any Revolving Credit Lender which has defaulted in its obligation to fund a Loan under this Agreement), a commitment fee for the period from and including the Closing Date to but excluding the Revolving Credit Termination Date (or such earlier date on which the Revolving Credit Commitments shall terminate as provided herein) computed at the rate of 1/2 of 1% per annum set forth in the definition of “Applicable Margin” under the heading “Commitment Fee” on the average daily Available Revolving Credit Commitment of such Revolving Credit Lender during the period for which payment is made, payable monthly quarterly in arrears on the last Business Day day of each calendar month March, June, September and December and on the Revolving Credit Termination Date or such earlier date on which the Revolving Credit Commitments shall terminate as provided herein, commencing on the first such date to occur after the date hereof.
(b) The Borrower Company shall pay (without duplication of any other fee payable under this subsection 4.56.5) to each Agent any and the Arranger, all fees separately agreed to by the Borrower Company and such Agentsthe Arranger.
(c) The Company shall pay (without duplication of any other fee payable under this subsection 6.5) to the Administrative Agent all fees separately agreed to by the Company and the Administrative Agent.
(d) In lieu of any letter of credit commissions and fees provided for in any Letter of Credit Application relating to a Letter of Credit (other than any standard issuance, amendment and negotiation fees), the Borrower Company will pay the Administrative Agent, (i) for the account of the Issuing Lender, a non-refundable fronting fee equal to 0.25% per annum payable annually in advance and (ii) for the account of the Issuing Lender (with respect to its Participating Interest) and the Participating Lenders to be shared ratablyRevolving Credit Lenders, a non-refundable Letter of Credit fee equal to the Applicable Margin in respect of Revolving Credit Loans which that are Eurodollar Loans, in each case, case on the amount available to be drawn under such Letter of Credit, such fees . Such fee shall be payable quarterly in arrears on the last Business Day of each calendar quarter, and shall be calculated on the average daily amount available to be drawn under the Letters of Credit.
(de) The Borrower Company agrees to pay the Issuing Lender for its own account the its customary administration, amendment, transfer and negotiation fees charged by the Issuing Lender in connection with its issuance and administration of Letters of Credit.
Appears in 1 contract