Common use of Fees and Other Charges Clause in Contracts

Fees and Other Charges. (a) The Borrower will pay a fee on the undrawn portion of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans, shared ratably among the Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent after the Issuance Date. In addition, the Borrower shall pay to each applicable Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender after the Issuance Date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 3 contracts

Samples: Credit Agreement (AV Homes, Inc.), Omnibus Amendment (AV Homes, Inc.), Credit Agreement (AV Homes, Inc.)

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Fees and Other Charges. (a) The Borrower will pay a fee on the undrawn portion of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansLoans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each Fee Payment Date after the Issuance Dateissuance date. In addition, if requested by the Issuing Lender, the Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee not to exceed 1/4 of 0.125% one percent per annum on the aggregate undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each Fee Payment Date after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 3 contracts

Samples: Credit Agreement (Mq Associates Inc), Credit Agreement (Mq Associates Inc), Credit Agreement (Mq Associates Inc)

Fees and Other Charges. (a) The Borrower will pay a fee on the undrawn portion of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansLoans under the Revolving Facility, which fee shall be shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each Fee Payment Date after the Issuance Dateissuance date. In addition, the Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each Fee Payment Date after the Issuance Dateissuance date. Such fees shall be payable in Dollars. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 3 contracts

Samples: Credit Agreement (Gartner Inc), Credit Agreement (Gartner Inc), Credit Agreement (Gartner Inc)

Fees and Other Charges. (a) The Borrower Borrowers will jointly and severally pay a fee on the undrawn portion Dollar Equivalent of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansTerm Benchmark Loans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each Fee Payment Date after the Issuance Dateissuance date. In addition, the applicable Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each Fee Payment Date after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the Borrower Borrowers shall jointly and severally pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 3 contracts

Samples: Credit Agreement (Ultra Clean Holdings, Inc.), Credit Agreement (Ultra Clean Holdings, Inc.), Credit Agreement (Ultra Clean Holdings, Inc.)

Fees and Other Charges. (a) The Borrower Borrowers will jointly and severally pay a fee on the undrawn portion Dollar Equivalent of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansLoans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each Fee Payment Date after the Issuance Dateissuance date. In addition, the applicable Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each Fee Payment Date after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the Borrower Borrowers shall jointly and severally pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 3 contracts

Samples: Credit Agreement (Ultra Clean Holdings, Inc.), Credit Agreement (Ultra Clean Holdings, Inc.), Credit Agreement (Ultra Clean Holdings, Inc.)

Fees and Other Charges. (a) The Borrower will pay a fee on the undrawn portion of all outstanding undrawn and unexpired Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansLoans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each Fee Payment Date after the Issuance Dateissuance date. In addition, the Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each Fee Payment Date after the Issuance Dateissuance date or amendment date, as applicable. (ba) In addition to the foregoing fees, the Borrower shall pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 3 contracts

Samples: Credit Agreement (WEB.COM Group, Inc.), Credit Agreement (WEB.COM Group, Inc.), Credit Agreement (WEB.COM Group, Inc.)

Fees and Other Charges. (a) The Each Borrower will pay a fee on the undrawn portion of aggregate amount available to be drawn on all outstanding Letters of Credit issued for its account at a per annum rate equal to the Applicable Margin Rate then in effect with respect to Eurodollar LoansEurocurrency Rate Advances, shared ratably among the Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each L/C Fee Payment Date after the Issuance Dateissuance date. In addition, the each Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.125% per annum in an amount agreed with the Issuing Lender on the aggregate undrawn and unexpired amount of each Letter of CreditCredit issued for the account of such Borrower, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each L/C Fee Payment Date after the Issuance Date. (b) issuance date. In addition to the foregoing fees, the each Borrower shall pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of CreditCredit issued for the account of such Borrower.

Appears in 3 contracts

Samples: Credit Agreement (Monsanto Co /New/), Credit Agreement (Monsanto Co /New/), Credit Agreement (Monsanto Co /New/)

Fees and Other Charges. (a) The Borrower will shall pay a fee on the undrawn portion of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansLoans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each Fee Payment Date after the Issuance Dateissuance date. In addition, the Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired amount of each Letter of CreditCredit as agreed by the Borrower and the Issuing Lender, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each Fee Payment Date after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Allied Security Holdings LLC), Credit Agreement (Barton Protective Services LLC)

Fees and Other Charges. (a) The Borrower will pay a fee to the Revolving Lenders on the undrawn portion of all outstanding Letters of Credit issued for the account of the Borrower and any Foreign Subsidiary Borrower at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar SOFR Loans, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each Fee Payment Date after the Issuance Dateissuance date. In addition, the Borrower shall pay to each applicable Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each Fee Payment Date after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each respective Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Kadant Inc), Credit Agreement (Kadant Inc)

Fees and Other Charges. (a) The Borrower will pay a fee on the undrawn portion of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans, shared ratably among the Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent after the Issuance Dateissuance date. In addition, the Borrower shall pay to each applicable Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (M I Homes Inc), Credit Agreement (M I Homes Inc)

Fees and Other Charges. (a) The Borrower will pay a fee on the undrawn portion aggregate drawable amount of all each outstanding Letters Letter of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansLoans under the Revolving Credit Facility, shared ratably among the Revolving Credit Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each L/C Fee Payment Date after the Issuance Dateissuance date of such Letter of Credit. In addition, the Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired drawable amount of each outstanding Letter of CreditCredit not to exceed 1/4 of 1% per annum, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each L/C Fee Payment Date after the Issuance Dateissuance date of such Letter of Credit. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Syniverse Technologies Inc), Credit Agreement (Tsi Finance Inc)

Fees and Other Charges. (a) The Subject to Section 2.18(d)(iii), the Borrower will pay a fee on the undrawn portion of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansLoans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each Fee Payment Date after the Issuance Dateissuance date. In addition, the Borrower shall pay to each applicable the relevant Issuing Lender for its own account a fronting fee of 0.1250.25% per annum on the aggregate undrawn and unexpired amount of each Letter of CreditCredit issued by such Issuing Lender, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such to the relevant Issuing Lender on each Fee Payment Date after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Colony NorthStar, Inc.), Credit Agreement (Colony Capital, Inc.)

Fees and Other Charges. (a) The Each Borrower will pay a fee on the undrawn portion of all outstanding Letters of Credit requested by it at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansEurocurrencyTerm Benchmark Loans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each Fee Payment Date after the Issuance Dateissuance date. In addition, the each Borrower shall pay to each the applicable Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired amount of each Letter of CreditCredit requested by it, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each Fee Payment Date after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the Parent Borrower shall pay or reimburse each Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Tempur Sealy International, Inc.)

Fees and Other Charges. (a) The Borrower will pay a fee on the undrawn portion of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans, shared ratably among the Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent after the Issuance Dateissuance date. In addition, the Borrower shall pay to each applicable Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (M I Homes Inc)

Fees and Other Charges. (a) The relevant Borrower will shall pay a fee on the undrawn portion of ---------------------- all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans, Eurocurrency Loans under the Facility on the face amount of each such Letter of Credit. Such fee shall be shared ratably among the Revolving Lenders and shall be payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each Fee Payment Date after the Issuance Dateissuance date. In addition, the such Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.125equal to 0.25% per annum on the aggregate undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each Fee Payment Date after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the such Borrower shall pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 1 contract

Samples: Senior Revolving Credit Agreement (Aeroflex Inc)

Fees and Other Charges. (a) The Borrower will pay a fee on the daily average undrawn portion amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansLoans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each Fee Payment Date after the Issuance Dateissuance date. In addition, the Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each Fee Payment Date after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Home Interiors & Gifts Inc)

Fees and Other Charges. (a) The Borrower will pay a fee on the undrawn portion of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans, shared ratably among the Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt of an invoice from the Administrative Agent after the Issuance Dateissuance date. In addition, the Borrower shall pay to each applicable Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt of an invoice from the Administrative Agent or such Issuing Lender after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Woodside Homes, Inc.)

Fees and Other Charges. (a) The Borrower will pay a fee on the undrawn portion of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansLoans under the Revolving Facility, shared ratably among the Lenders and Revolving Lenders. Such fees shall be payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each L/C Fee Payment Date after the Issuance Dateissuance date. In addition, the Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.125% in an amount per annum separately agreed with the Issuing Lender on the aggregate undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each L/C Fee Payment Date after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Tenneco Inc)

Fees and Other Charges. (a) The Borrower will pay a fee on the undrawn portion of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansLoans under the Revolving Facility on the face amount of such Letter of Credit, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each L/C Fee Payment Date after the Issuance Dateissuance date of such Letter of Credit. In addition, the Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired face amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each L/C Fee Payment Date after the Issuance Dateissuance date of such Letter of Credit. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Lantheus Holdings, Inc.)

Fees and Other Charges. (a) The Borrower will pay a fee on the undrawn portion and unexpired amount of all outstanding Letters each Letter of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansLoans under the Revolving Facility less the fronting fee set forth in the succeeding sentence, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each L/C Fee Payment Date after the Issuance Dateissuance date. In addition, the Borrower shall pay to each applicable Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired amount of each Letter of Credit, Credit issued by such Issuing Lender computed at the rate of 0.250.125% per annum and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender after the Issuance each L/C Fee Payment Date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 1 contract

Samples: Third Amendment Agreement (KAR Auction Services, Inc.)

Fees and Other Charges. (a) The Borrower will pay a participation fee on the undrawn portion of all outstanding Revolving Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansLoans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each Fee Payment Date after the Issuance Dateissuance date. In addition, the Borrower shall pay to each applicable Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired face amount of each Letter of CreditCredit issued by such Issuing Lender, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each Fee Payment Date after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the Borrower shall pay or each Issuing Lender its standard fees charged with respect to, and reimburse each Issuing Lender for such normal and customary its out-of-pocket costs and expenses as are incurred or charged by the Issuing Lender in connection with, issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of CreditCredit issued by such Issuing Lender.

Appears in 1 contract

Samples: Credit Agreement (Rem Consulting of Ohio, Inc.)

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Fees and Other Charges. (a) The Borrower will pay a fee on the undrawn portion of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansLoans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each Fee Payment Date after the Issuance Dateissuance date. In addition, the Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.125% in a per annum amount agreed upon by the Borrower and the Issuing Lender on the aggregate undrawn and unexpired amount of each Letter of CreditCredit issued by the Issuing Lender, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each Fee Payment Date after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Coinstar Inc)

Fees and Other Charges. (a) The Borrower will pay a fee on the undrawn portion of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansLoans under the Revolving Facility on the face amount of such Letter of Credit, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each L/C Fee Payment Date after the Issuance Dateissuance date of such Letter of Credit. In addition, the Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired face amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each L/C Fee Payment Date after the Issuance Dateissuance date of such Letter of Credit. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.. 46

Appears in 1 contract

Samples: Credit Agreement (Lantheus Holdings, Inc.)

Fees and Other Charges. (a) The Subject to Section 2.18(d)(iii), the Borrower will pay a fee on the undrawn portion of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansLoans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each Fee Payment Date after the Issuance Dateissuance date. In addition, the Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.1250.25% per annum on the aggregate undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each Fee Payment Date after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Colony Financial, Inc.)

Fees and Other Charges. (a) The Borrower will pay a fee on the undrawn portion and unexpired amount of all outstanding Letters each Letter of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar EurodollarTerm Benchmark Loans, shared ratably among the Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each Fee Payment Date after the Issuance Dateissuance date. In addition, the Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.125% the rate or rates per annum separately agreed upon between the Borrower and the Issuing Bank on the aggregate undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each Fee Payment Date after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 1 contract

Samples: Seventh Amendment and Extension Agreement (Air Lease Corp)

Fees and Other Charges. (a) The Subject to Section 2.18(d)(iii), the Borrower will pay a fee on the undrawn portion of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansLoans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each Fee Payment Date after the Issuance Dateissuance date. In addition, the Borrower shall pay to each applicable the relevant Issuing Lender for its own account a fronting fee of 0.1250.25% per annum on the aggregate undrawn and unexpired amount of each Letter of CreditCredit issued by such Issuing Lender, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such to the relevant Issuing Lender on each Fee Payment Date after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each theeach Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the thesuch Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Colony Financial, Inc.)

Fees and Other Charges. (a) The Borrower will pay a fee on the undrawn portion of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar EurodollarTerm Benchmark Loans, shared ratably among the Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent after the Issuance Dateissuance date. In addition, the Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such the Issuing Lender after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Meritage Homes CORP)

Fees and Other Charges. (a) The Borrower will pay a fee on the undrawn portion of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansLoans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each L/C Fee Payment Date after the Issuance Dateissuance date. In addition, the Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.125% in an amount per annum separately agreed with the Issuing Lender on the aggregate undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each L/C Fee Payment Date after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Tenneco Automotive Inc)

Fees and Other Charges. (a) The Borrower will pay a fee on the undrawn portion of all ---------------------- outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansLoans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each L/C Fee Payment Date after the Issuance Dateissuance date. In addition, the Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.1250.25% per annum on the aggregate undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each L/C Fee Payment Date after the Issuance Date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Specrite Brake Co)

Fees and Other Charges. (a) The Borrower will pay a fee on the undrawn portion of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans, shared ratably among the Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each Fee Payment Date after the Issuance Date. issuance date. (b) In addition, the Borrower shall pay to each the applicable Issuing Lender for its own account a fronting fee of at a rate separately agreed between the Borrower and the Issuing Lenderequal to 0.125% per annum on the aggregate undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each Fee Payment Date after the Issuance Dateissuance date. (bc) In addition to the foregoing fees, the Borrower shall pay or reimburse each the applicable Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (ESH Hospitality, Inc.)

Fees and Other Charges. (a) The Borrower will pay a fee on the undrawn portion of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansSOFR Loans under the Revolving Facility on the face amount of such Letter of Credit, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each L/C Fee Payment Date after the Issuance Dateissuance date of such Letter of Credit. In addition, the Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired face amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each L/C Fee Payment Date after the Issuance Dateissuance date of such Letter of Credit. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Lantheus Holdings, Inc.)

Fees and Other Charges. (a) The Subject to Section 2.18(d)(iii), theeach Borrower will willagrees to pay a fee on the undrawn portion all of all its outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansLoans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each Fee Payment Date after the Issuance Dateissuance date. In addition, the applicable Borrower shall pay to each applicable the relevant Issuing Lender for its own account a fronting fee of 0.1250.25% per annum on the aggregate undrawn and unexpired amount of each Letter of CreditCredit issued by such Issuing Lender on its behalf, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such to the relevant Issuing Lender on each Fee Payment Date after the Issuance Dateissuance date. (b) In addition to the foregoing fees, the applicable Borrower shall shallagrees to pay or reimburse each Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Colony NorthStar, Inc.)

Fees and Other Charges. (a) The Borrower Borrowers will jointly and severally pay a fee on the undrawn portion Dollar Equivalent of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansTerm Benchmark Loans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each Fee Payment Date after the Issuance Dateissuance date. In addition, the applicable Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each Fee Payment Date after the Issuance Dateissuance date. (b) (b) In addition to the foregoing fees, the Borrower Borrowers shall jointly and severally pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Ultra Clean Holdings, Inc.)

Fees and Other Charges. (a) The Borrower will pay a fee on the undrawn portion of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar LoansLoans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent each L/C Fee Payment Date after the Issuance Datedate of any Letter of Credit is issued. In addition, the Borrower shall pay to each applicable the Issuing Lender for its own account a fronting fee of 0.125% per annum on the aggregate undrawn and unexpired amount of each Letter of CreditCredit equal to 0.30% per annum, payable quarterly in arrears on calendar quarters and within three (3) Business Days of receipt an invoice from Administrative Agent or such Issuing Lender each L/C Fee Payment Date after the Issuance Datedate of any Letter of Credit is issued. (b) In addition to the foregoing fees, the Borrower shall promptly pay or reimburse each the Issuing Lender for such normal and customary costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of CreditCredit upon receipt of an invoice. The Issuing Lender will provide the Administrative Agent a copy of the Letter of Credit fees, charges and expenses charged by the Issuing Lender by facsimile on or about the 10th Business Day of each month.

Appears in 1 contract

Samples: Credit Agreement (Carmike Cinemas Inc)

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