Credit Fees. In consideration for the obligations of the Administrative Agent, the Issuing Bank and the Lenders set forth herein, the Borrower shall pay the following credit fees:
Credit Fees. This arises where a counterparty has sold more metal than it has in its allocated account and is given credit by the bank.
Credit Fees. 35 2.13. Computations.........................................................................................36 2.14.
Credit Fees. Subject to Section 11.9 hereof, the Borrower shall pay to the Administrative Lender for the account of each Lender a credit fee (which shall be payable quarterly in arrears on each Quarterly Date and on the Maturity Date) on the average daily amount available for drawing under all outstanding Letters of Credit (computed, subject to Section 11.9 hereof, on the basis of a 360-day year for the actual number of days elapsed) at the following per annum percentages, applicable in the following situations:
(A) Category 1 - The Leverage Ratio is greater than or 0.625% equal to 3.0 to 1 (B) Category 2 - The Leverage Ratio is less than 3.0 to 1 0.500% but is greater than or equal to 2.0 to 1 (C) Category 3 - The Leverage Ratio is less than 2.0 to 1 0.400% but is greater than or equal to 1.0 to 1 (D) Category 4 - The Leverage Ratio is less than 1.0 to 1 0.300%
Credit Fees. Subject to Section 11.9 hereof, the Borrower shall pay to the Administrative Lender for the account of each Lender a credit fee (which shall be payable quarterly in arrears on each Quarterly Date and on the Maturity Date) on the average daily amount available for drawing under all outstanding Letters of Credit (computed, subject to Section 11.9 hereof, on the basis of a 360-day year for the actual number of days elapsed) at the following per annum percentages, applicable in the following situations:
(A) If the Leverage Ratio is not less than 1.5 to 1 1.500% (B) If the Leverage Ratio is less than 1.5 to 1 but is not less than 1.0 to 1 1.250%
Credit Fees and Charges The following credit fee(s) and charge(s) which are not included in the initial unpaid balance are, or may become, payable under this Agreement are: Administration fee: payable on each payment due date for the on-going maintenance of your loan $3.00 Unpaid Item fee: if any payment you make to us is dishonoured $5.00 Variation fee: if we agree to vary the Agreement in any way $50.00 Full prepayment processing fee: if you repay the unpaid balance in full before the end of this Agreement $25.00 Refund Fees: if we are charged a bank service fee for providing any refund to you as invoiced to us
Credit Fees. 36 2.11.1 Administrative Agent's Fees....................36 2.11.2
Credit Fees. A fee shall be added over the basic interest rate determined according to Article 14 of these Bylaws, which shall be periodically determined by the Assets and Liabilities Committee. The Board of Directors shall check the fee when considered convenient, taking into account what paragraph a) of Article 10 of the Agreement establishes.
Credit Fees. As partial consideration for NBD's agreement to extend the Forbearance Period as provided hereunder, Borrower and Riviera shall pay to NBD a $50,000.00 forbearance fee simultaneously with execution of this Agreement, and shall pay an additional $50,000.00 forbearance fee on or before October 31, 1996; provided, however that the $50,000.00 fee due and payable on October 31, 1996 shall be deferred to November 30, 1996 if on or prior to October 31, 1996 Borrower has presented to NBD a commitment letter satisfactory to NBD at its discretion providing new financing in an amount sufficient to satisfy all of the Obligations in full on or before November 30, 1996; provided further that if the Obligations are satisfied in full on or before November 30, 1996, the $50,000.00 fee otherwise owing on that date shall then be waived. Borrower and Riviera must additionally pay to NBD an additional $25,000.00 fee simultaneous with execution of this Agreement since borrowings under the Working Capital Revolving Credit did not permanently reduce to $9,000,000.00 or below on or before September 30, 1996 as previously agreed by Borrower.
Credit Fees. Subject to SECTION 11.9 hereof, the Borrower shall pay to the Administrative Agent for the account of each Lender a credit fee (which shall be payable in arrears on the Maturity Date) equal to 2.50% per annum on the average daily amount available for drawing under all outstanding Letters of Credit, computed, subject to SECTION 11.9 hereof, on the basis of a 360-day year for the actual number of days elapsed.
