Common use of Issuance Fee Clause in Contracts

Issuance Fee. Subject to Section 11.9 hereof, the Borrower shall ------------ ------------ pay to the Administrative Lender for the account of the Issuing Bank an issuance fee (which shall be payable on the date of issuance of each Letter of Credit) in an amount equal to the greater of (a) $250 or (b) the product of (x) 0.125% times (y) the face amount of the Letter of Credit being issued.

Appears in 4 contracts

Samples: Credit Agreement (Compucom Systems Inc), Credit Agreement (Kevco Inc), Credit Agreement (Compucom Systems Inc)

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Issuance Fee. Subject to Section SECTION 11.9 hereof, the Borrower shall ------------ ------------ pay to the Administrative Lender for the account of the Issuing Bank an issuance fee (which shall be payable on the date of issuance of each Letter of Credit) in an amount equal to the greater of (a) $250 or (b) the product of (x) 0.125% times (y) the face amount of the Letter of Credit being issued.

Appears in 1 contract

Samples: Credit Agreement (Safeguard Scientifics Inc Et Al)

Issuance Fee. Subject to Section 11.9 hereof, the Borrower shall ------------ ------------ pay to the Administrative Lender for the account of the Issuing Bank an issuance fee (which shall be payable on the date of issuance of each Commercial Letter of Credit) in an amount equal to the greater of (a) $250 or (b) the product of (x) 0.125% times (y) the face amount of the Letter of Credit being issued$250.

Appears in 1 contract

Samples: Credit Agreement (Compusa Inc)

Issuance Fee. Subject to Section SECTION 11.9 hereof, the Borrower Borrowers shall ------------ ------------ pay to the Administrative Lender Agent for the account of the Issuing Bank an issuance fee (which shall be payable on the date of issuance and renewal of each Letter of Credit) in an amount equal to the greater of (a) $250 or (b) the product of (x) 0.125% times (y) the face amount of the Letter of Credit being issued.

Appears in 1 contract

Samples: Credit Agreement (Power One Inc)

Issuance Fee. Subject to Section 11.9 hereof, the Borrower shall ------------ ------------ shall pay to the Administrative Lender Agent for the account of the Issuing Bank an issuance fee (which shall be payable on the date of issuance of each Letter of Credit) in an amount equal to the greater of (a) $250 or (b) the product of (x) 0.125% times (y) the face amount of the Letter of Credit being issued.

Appears in 1 contract

Samples: Credit Agreement (Kevco Inc)

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Issuance Fee. Subject to Section 11.9 hereof, the Borrower shall ------------ ------------ pay to the Administrative Lender Agent for the account of the Issuing Bank an issuance fee (which shall be payable on the date of issuance of each Letter of Credit) in an amount equal to the greater product of (a) $250 or (b) the product of (x) 0.125% times (yb) the face amount of the Letter of Credit being issued.

Appears in 1 contract

Samples: Credit Agreement (Xircom Inc)

Issuance Fee. Subject to Section 11.9 hereof, the Borrower shall ------------ ------------ pay to the Administrative Lender Agent for the account of the Issuing Bank an issuance fee (which shall be payable on the date of issuance of each Letter of Credit) in an amount equal to the greater of of (a) $250 or (b) the product of (x) 0.125% times (y) the face amount of the Letter of Credit being issued.

Appears in 1 contract

Samples: Credit Agreement (Kevco Inc)

Issuance Fee. Subject to Section SECTION 11.9 hereof, the Borrower shall ------------ ------------ pay to the Administrative Lender for the account of the Issuing Bank an issuance fee (which shall be payable on the date of issuance of each Letter of Credit) in an amount equal to the greater of (a) $250 or (b) the product of (x) 0.1250.25% times (y) the face amount of the Letter of Credit being issued.

Appears in 1 contract

Samples: Credit Agreement (Power One Inc)

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