Common use of Distribution of Fees Clause in Contracts

Distribution of Fees. The Administrative Agent or Canadian Agent, as applicable, shall, within two (2) Business Days following its receipt thereof, distribute to the relevant Issuing Lenders and the L/C Participants all fees and commissions received by such Agent for their respective accounts pursuant to this Section 3.5.

Appears in 3 contracts

Samples: Credit Agreement (Sprague Resources LP), Credit Agreement (Sprague Resources LP), Security Agreement

AutoNDA by SimpleDocs

Distribution of Fees. The Administrative Agent or Canadian Agent, as applicable, shall, within two (2) Business Days following its receipt thereof, distribute to the relevant Issuing Lenders and the L/C Participants all fees and commissions received by such Agent for their respective accounts pursuant to this Section 3.5.. 3.6

Appears in 1 contract

Samples: Credit Agreement (Sprague Resources LP)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!