Common use of Issuing Lender Fees Clause in Contracts

Issuing Lender Fees. In addition to the Letter of Credit Fees payable pursuant to subsection (i) above, the Borrowers shall pay to the Issuing Lender for its own account, without sharing by the other Lenders, (A) a fee equal to one-eighth of one percent (.125%) per annum on the total sum of all Letters of Credit issued by the Issuing Lender, such fee to be paid on the date of issuance of any Letter of Credit and (B) the customary charges from time to time to the Issuing Lender for its services in connection with the issuance, amendment, payment, transfer, administration, cancellation and conversion of, and drawings under, such Letters of Credit (collectively, the "Issuing Lender Fees").

Appears in 3 contracts

Samples: Day Credit Agreement (Duke Energy Field Services LLC), Credit Agreement (Duke Energy Field Services LLC), Day Credit Agreement (Duke Energy Field Services LLC)

AutoNDA by SimpleDocs

Issuing Lender Fees. In addition to the Letter of Credit Fees Fee payable pursuant to subsection clause (i) above, the Borrowers shall Borrower promises to pay to the Issuing Lender for its own account, account without sharing by the other Lenders, Lenders (A) a letter of credit fronting and negotiation fee equal to one-eighth 0.125% of one percent (.125%) the average daily maximum amount available to be drawn under each Letter of Credit computed at a per annum on the total sum of all Letters of Credit issued by the Issuing Lender, such fee to be paid on rate for each day from the date of issuance to the date of any Letter of Credit expiration and (B) the customary charges from time to time to of the Issuing Lender for its services in connection with respect to the issuance, amendment, payment, transfer, administration, cancellation and conversion of, and drawings under, such Letters of Credit (collectively, the "Issuing Lender Fees").

Appears in 2 contracts

Samples: Credit Agreement (Personnel Group of America Inc), Credit Agreement (Personnel Group of America Inc)

Issuing Lender Fees. In addition to the Letter of Credit Fees payable pursuant to subsection (i) above, the Borrowers shall pay to the Issuing Lender for its own account, without sharing by the other Lenders, (A) a fee equal to one-eighth of one percent (.125%) % per annum on the total sum of the undrawn amounts of all Letters of Credit issued by the Issuing Lender, such fee to be paid in full on the date of issuance of any the Letter of Credit and (B) the customary charges from time to time to the Issuing Lender for its services in connection with the issuance, amendment, payment, transfer, administration, cancellation and conversion of, and drawings under, such Letters of Credit (collectively, the "Issuing Lender Fees").

Appears in 2 contracts

Samples: Credit Agreement (Brandywine Realty Trust), Credit Agreement (Brandywine Realty Trust)

Issuing Lender Fees. In addition to the Letter of Credit Fees payable pursuant to subsection (ib) above, the Borrowers Company shall pay to the Issuing Lender for its own account, account without sharing by the other Lenders, Lenders (Ai) a fronting fee equal to of one-eighth of one percent (.1250.125%) per annum on the total sum of all Letters average daily maximum amount available to be drawn under each such Letter of Credit issued by the Issuing Lenderit, such fee to be paid on the date of issuance of any Letter of Credit and (Bii) the reasonable and customary charges from time to time to of the Issuing Lender for its services in connection with respect to the issuance, amendment, payment, transfer, administration, cancellation and conversion of, and drawings under, such Letters of Credit (collectively, the "Issuing Lender Fees").

Appears in 2 contracts

Samples: Security Agreement (Rock-Tenn CO), Credit Agreement (Rock-Tenn CO)

Issuing Lender Fees. In addition to the Letter of Credit Fees payable pursuant to subsection (ib) above, the Borrowers Borrower shall pay to the Issuing Lender for its own account, account without sharing by the other Lenders, Lenders (Ai) a fronting fee equal to of one-eighth of one percent (.1250.125%) per annum on the total sum of all Letters average daily maximum amount available to be drawn under each such Letter of Credit issued by the Issuing Lenderit, such fee to be paid on the date of issuance of any Letter of Credit and (Bii) the reasonable and customary charges from time to time to of the Issuing Lender for its services in connection with respect to the issuance, amendment, payment, transfer, administration, cancellation and conversion of, and drawings under, such Letters of Credit (collectively, the "Issuing Lender Fees").

Appears in 2 contracts

Samples: Credit Agreement (Henry Jack & Associates Inc), Credit Agreement (Henry Jack & Associates Inc)

Issuing Lender Fees. In addition to the Letter of Credit Fees payable pursuant to subsection (i) above, the Borrowers Borrower shall pay to the Issuing Lender for its own account, without sharing by the other Lenders, (A) a fee equal to one-eighth fourth of one percent (.125.25%) per annum on the total sum of all Letters of Credit issued by the Issuing Lender, such fee to be paid on when the date of issuance of any Letter of Credit is issued and (B) the customary charges from time to time to the Issuing Lender for its services in connection with the issuance, amendment, payment, transfer, administration, cancellation and conversion of, and drawings under, such Letters of Credit (collectively, the "Issuing Lender Fees").

Appears in 2 contracts

Samples: Credit Agreement (Highwoods Properties Inc), Credit Agreement (Highwoods Properties Inc)

AutoNDA by SimpleDocs

Issuing Lender Fees. In addition to the Letter of Credit Fees payable pursuant to subsection (i) above, the Borrowers Borrower shall pay to the Issuing Lender for its own account, without sharing by the other Lenders, (A) a fee equal to one-eighth fourth of one percent (.125.25%) per annum on the total sum of all Letters of Credit issued by the Issuing Lender, such fee to be paid quarterly in arrears 15 days after the end of each calendar quarter (as well as on the date of issuance of any Letter of Credit Maturity Date) and (B) the customary charges from time to time to the Issuing Lender for its services in connection with the issuance, amendment, payment, transfer, administration, cancellation and conversion of, and drawings under, such Letters of Credit (collectively, the "Issuing Lender Fees").

Appears in 2 contracts

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

Issuing Lender Fees. In addition to the Letter of Credit Fees payable pursuant to subsection (ib) above, the Borrowers Company shall pay to the Issuing Lender for its own account, account without sharing by the other Lenders, Lenders (Ai) a fronting fee equal to of one-eighth of one percent (.1250.125%) per annum on the total sum of all Letters average daily maximum amount available to be drawn under each such Letter of Credit issued by the Issuing Lenderit, such fee to be paid on the date of issuance of any Letter of Credit and (Bii) the reasonable and customary charges from time to time to of the Issuing Lender for its services in connection with respect to the issuance, amendment, payment, transfer, administration, cancellation and conversion of, and drawings under, such Letters of Credit (collectively, the "Issuing Lender Fees").

Appears in 1 contract

Samples: Credit Agreement (Rock-Tenn CO)

Issuing Lender Fees. In addition to the Letter of Credit Fees payable pursuant to subsection (i) above, the Borrowers shall pay to the Issuing Lender for its own account, without sharing by the other Lenders, (A) a fee equal to one-eighth of one percent (.125%) % per annum on the total sum of the undrawn amounts of all Letters of Credit issued by the Issuing Lender, such fee to be paid in full on the date of issuance of any the Letter of Credit and (B) the customary charges from time to time to of the Issuing Lender for its services in connection with the issuance, amendment, payment, transfer, administration, cancellation and conversion of, and drawings under, such Letters of Credit (collectively, the "Issuing Lender Fees").

Appears in 1 contract

Samples: Credit Agreement (Brandywine Realty Trust)

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