Common use of Credit Fees Clause in Contracts

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:

Appears in 3 contracts

Samples: Credit Agreement (Texas Industries Inc), Credit Agreement (Metro Networks Inc), Credit Agreement (Texas Industries Inc)

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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:

Appears in 1 contract

Samples: Credit Agreement (Texas Industries Inc)

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 11.10 hereof, on the basis of a 360365-day year for the actual number of days elapsed) at the following per annum percentages, applicable in the following situations:: Applicability Percentage

Appears in 1 contract

Samples: Credit Agreement (Clear Channel Communications Inc)

Credit Fees. Subject to Section SECTION 11.9 hereof, the Borrower Borrowers shall jointly and severally 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 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:: Applicability Percentage ------------- ----------

Appears in 1 contract

Samples: Credit Agreement (Sun Healthcare Group Inc)

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Credit Fees. Subject to Section 11.9 hereof, the Borrower shall pay to the Administrative Lender Agent 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 360365-day year for the actual number of days elapsed) at the following per annum percentages, applicable in the following situations:: Applicability Percentage ------------- ----------

Appears in 1 contract

Samples: Credit Agreement (Ccci Capital Trust Iii)

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 360365-day year for the actual number of days elapsed) at the following per annum percentages, applicable in the following situations:

Appears in 1 contract

Samples: Credit Agreement (Clear Channel Communications Inc)

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