Common use of Fees and Other Charges Clause in Contracts

Fees and Other Charges. (a) The Borrower will pay a fee on the aggregate drawable amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Revolving Credit Loans that are Eurodollar Loans, shared ratably among the Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date. In addition, the Borrower shall pay to each Issuing Lender for its own account a fronting fee in an amount equal to 0.25% of the aggregate drawable amount of all outstanding Letters of Credit issued by it, payable quarterly in arrears on each L/C Fee Payment Date after the date of Issuance.

Appears in 9 contracts

Samples: Credit Agreement (B&G Foods, Inc.), Credit Agreement (B&G Foods, Inc.), Credit Agreement (B&G Foods, Inc.)

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Fees and Other Charges. (a) The Borrower will pay a fee on the aggregate drawable amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Revolving Credit Loans that are Eurodollar Loans, shared ratably among the Lenders in accordance with their respective Percentages and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date. In addition, the Borrower shall pay to each the relevant Issuing Lender for its own account a fronting fee in an amount equal to 0.25% of on the aggregate drawable amount of all outstanding Letters of Credit issued by itin an amount to be agreed between the Borrower and such Issuing Lender, payable quarterly in arrears on each L/C Fee Payment Date after the date of Issuanceissuance date.

Appears in 7 contracts

Samples: Credit Agreement (Pacific Gas & Electric Co), Credit Agreement (Pg&e Corp), Credit Agreement (Pg&e Corp)

Fees and Other Charges. (a) The Borrower will pay a fee on the aggregate drawable amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Revolving Credit Loans that are Eurodollar Loans, shared ratably among the Revolving Credit Lenders in accordance with their respective Revolving Credit Percentages and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date. In addition, the Borrower shall pay to each the relevant Issuing Lender for its own account a fronting fee in an amount equal to 0.25% of on the aggregate drawable amount of all outstanding Letters of Credit issued by itit of 1/4 of 1% per annum, payable quarterly in arrears on each L/C Fee Payment Date after the date of Issuanceissuance date.

Appears in 4 contracts

Samples: Credit Agreement (Chatham Lodging Trust), Credit Agreement (Chatham Lodging Trust), Credit Agreement (Hudson Pacific Properties, Inc.)

Fees and Other Charges. (a) The Borrower Borrowers will pay a fee on the 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 Loans under the Revolving Credit Loans that are Eurodollar LoansFacility, shared ratably among the Revolving Credit Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance datedate of such Letter of Credit. In addition, the Borrower Borrowers shall pay to each the Issuing Lender for its own account a fronting fee in an amount equal to 0.25% of on the aggregate drawable amount of all each outstanding Letters Letter of Credit issued by itof 1/4 of 1% per annum, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of Issuancesuch Letter of Credit.

Appears in 4 contracts

Samples: Credit Agreement (Regal Cinemas Corp), Credit Agreement (Regal Entertainment Group), Credit Agreement (Regal Entertainment Group)

Fees and Other Charges. (a) The Borrower will pay a fee on the aggregate drawable amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Credit Loans that are Eurodollar LoansFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date. In addition, the Borrower shall pay to each the Issuing Lender for its own account a fronting fee in an amount equal to 0.25of 0.125% on the daily average aggregate of the aggregate drawable undrawn and unexpired amount of all outstanding Letters of Credit issued by itCredit, payable quarterly in arrears on each L/C Fee Payment Date after the date of IssuanceIssuance Date.

Appears in 2 contracts

Samples: Credit Agreement (Inamed Corp), Credit Agreement (Inamed Corp)

Fees and Other Charges. (a) The Borrower will pay a fee on the aggregate drawable amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Revolving Credit Eurodollar Loans that are Eurodollar Loansunder the Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date. In addition, the Borrower shall pay to each the Issuing Lender for its own account a fronting fee in an amount equal to 0.25% of on the aggregate drawable undrawn and unexpired amount of all outstanding Letters each Letter of Credit issued as agreed by itthe Borrower and the Issuing Lender, payable quarterly in arrears on each L/C Fee Payment Date after the date of IssuanceIssuance Date.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (CKX, Inc.), Revolving Credit Agreement (CKX, Inc.)

Fees and Other Charges. (a) The Borrower will pay a fee on the 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 Loans under the Revolving Credit Loans that are Eurodollar LoansFacility, shared ratably among the Revolving Credit Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance datedate of such Letter of Credit. In addition, the Borrower shall pay to each the Issuing Lender for its own account a fronting fee in an amount equal to 0.25% of on the aggregate drawable amount of all each outstanding Letters Letter of Credit issued by itof 1/4 of 1% per annum, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of Issuancesuch Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Osullivan Industries Holdings Inc)

Fees and Other Charges. (a) The Borrower will pay pay, to the Issuing Lender for its own account, a fee on the aggregate drawable amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Revolving Credit Loans that are Eurodollar Loans, shared ratably among the Lenders L/C Facility and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date. In addition, the Borrower shall pay to each the Issuing Lender for its own account a fronting fee in an amount equal to 0.25% of on the aggregate drawable amount of all outstanding Letters of Credit issued by itit at a rate equal to 0.125% per annum, payable quarterly in arrears on each L/C Fee Payment Date after the date of Issuanceissuance date.

Appears in 1 contract

Samples: Credit Agreement (Brookdale Senior Living Inc.)

Fees and Other Charges. (a) The Borrower will pay a fee on the 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 Loans under the Revolving Credit Loans that are Eurodollar LoansFacility, shared ratably among the Revolving Credit Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance datedate of such Letter of Credit. In addition, the Borrower shall pay to each the applicable Issuing Lender for its own account a fronting fee in an amount equal to 0.25% of on the aggregate drawable amount of all each outstanding Letters Letter of Credit issued by itit of 1/4 of 1% per annum, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of Issuancesuch Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Buffets Inc)

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Fees and Other Charges. (a) The Borrower will pay a fee on the aggregate drawable amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Revolving Credit Loans that are Eurodollar SOFR Loans, shared ratably among the Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date. In addition, the Borrower shall pay to each Issuing Lender for its own account a fronting fee in an amount equal to 0.25% of the aggregate drawable amount of all outstanding Letters of Credit issued by it, payable quarterly in arrears on each L/C Fee Payment Date after the date of Issuance.

Appears in 1 contract

Samples: Credit Agreement (B&G Foods, Inc.)

Fees and Other Charges. (a) The Borrower will pay a fee on the aggregate drawable amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Revolving Credit Loans that are Eurodollar Loans, shared ratably among the Lenders Lenders, in accordance with their respective Commitments, and payable quarterly in arrears on each L/C Fee Payment Date after the issuance dateIssuance Date. In addition, the Borrower shall pay to each Issuing Lender for its own account a fronting fee in an amount equal to 0.25of 0.125% of per annum on the aggregate drawable undrawn and unexpired amount of all outstanding Letters each Letter of Credit issued by itsuch Issuing Lender, payable quarterly in arrears on each L/C Fee Payment Date after the date of IssuanceIssuance Date.

Appears in 1 contract

Samples: Credit Agreement (Standard Pacific Corp /De/)

Fees and Other Charges. (a) The Borrower will pay a fee on the aggregate drawable amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Revolving Credit Loans that are Eurodollar EurodollarSOFR Loans, shared ratably among the Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date. In addition, the Borrower shall pay to each Issuing Lender for its own account a fronting fee in an amount equal to 0.25% of the aggregate drawable amount of all outstanding Letters of Credit issued by it, payable quarterly in arrears on each L/C Fee Payment Date after the date of Issuance.

Appears in 1 contract

Samples: Credit Agreement (B&G Foods, Inc.)

Fees and Other Charges. (a) The Borrower will pay a fee on the aggregate drawable amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Credit Loans that are Eurodollar LoansFacility, shared ratably among the Revolving Credit Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date. In addition, the Borrower shall pay to each the Issuing Lender for its own account a fronting fee in an amount equal to 0.25% of on the aggregate drawable amount of all outstanding Letters of Credit issued by itof 1/8 of 1% per annum, payable quarterly in arrears on each L/C Fee Payment Date after the date of Issuanceissuance date.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Powerhouse Technologies Inc /De)

Fees and Other Charges. (ai) The Borrower will pay a fee on the aggregate drawable amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Revolving Credit Loans that are Eurodollar SOFR Loans, shared ratably among the Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date. In addition, the Borrower shall pay to each Issuing Lender for its own account a fronting fee in an amount equal to 0.25% of the aggregate drawable amount of all outstanding Letters of Credit issued by it, payable quarterly in arrears on each L/C Fee Payment Date after the date of Issuance.

Appears in 1 contract

Samples: Credit Agreement (B&G Foods, Inc.)

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