Common use of Issuing Lender Fees Clause in Contracts

Issuing Lender Fees. In addition to the Letter of Credit Fees payable pursuant to subsection (ii) above, the Borrower shall pay to the Issuing Lender for its own account without sharing by the other Lenders (i) a fronting fee of one-tenth of one percent (0.100%) per annum on the average daily maximum amount available to be drawn under each such Letter of Credit issued by it, such fee to be paid quarterly in arrears on the 15th day following the last day of each calendar quarter for the prior calendar quarter, and (ii) the reasonable and customary charges from time to time of the Issuing Lender with respect to the amendment, 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 (Hni Corp), Credit Agreement (Hni Corp)

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Issuing Lender Fees. In addition to the Letter of Credit L/C Fees payable pursuant to subsection (iib) above, the Borrower Borrowers shall pay to the Issuing Lender for its own account without sharing by the other Lenders (i) a fronting fee of one-tenth eighth of one percent (0.1000.125%) per annum on the average daily maximum amount available to be drawn under each such Letter of Credit issued by it, such fee to be paid quarterly in arrears on the 15th day following the last day of each the calendar quarter for the prior calendar quarter, in which such Letter of Credit is issued and (ii) the reasonable and customary charges from time to time of the Issuing Lender with respect to the amendment, 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 (Checkpoint Systems Inc), Credit Agreement (Checkpoint Systems Inc)

Issuing Lender Fees. In addition to the Letter of Credit Fees payable pursuant to subsection (iib) above, the Borrower Company shall pay to the Issuing Lender for its own account without sharing by the other Lenders (i) a fronting fee of one-tenth eighth of one percent (0.1000.125%) per annum on the average daily maximum amount available to be drawn under each such Letter of Credit issued by it, such fee to be paid payable quarterly in arrears on the 15th day following the last day of each calendar quarter for the prior calendar quarter, and (ii) the reasonable and customary charges from time to time of the Issuing Lender with respect to the amendment, transfer, administration, cancellation and conversion of, and drawings under, such Letters of Credit (collectively, the “Issuing Lender Fees”).

Appears in 2 contracts

Samples: Amendment No. 3 (Rock-Tenn CO), Credit Agreement (Rock-Tenn CO)

Issuing Lender Fees. In addition to the Letter of Credit Fees payable pursuant to subsection (ii) above, the Borrower shall pay to the Issuing Lender for its own account without sharing by the other Lenders (i) a fronting fee of one-tenth of one percent (0.100%) per annum on the average daily maximum amount available to be drawn under each such Letter of Credit issued by it, such fee to be paid quarterly in arrears on the 15th day following the last day of each calendar quarter for the prior calendar quarter, and (ii) the reasonable and customary charges from time to time of the Issuing Lender with respect to the amendment, 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 (Hni Corp)

Issuing Lender Fees. In addition to the Letter of Credit Fees payable pursuant to subsection (ii) above, the Borrower shall pay to the applicable Issuing Lender for its own account without sharing by the other Lenders (i) a fronting fee of one-tenth of one percent (0.100%) per annum on the average daily maximum amount available to be drawn under each such Letter of Credit issued by it, such fee to be paid quarterly in arrears on the 15th day following the last day of each calendar quarter for the prior calendar quarter, and (ii) the reasonable and customary charges from time to time of the applicable Issuing Lender with respect to the amendment, 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 (Hni Corp)

Issuing Lender Fees. In addition to the Letter of Credit Fees payable pursuant to subsection (iib) above, the Borrower shall pay to the Issuing Lender for its own account without sharing by the other Lenders (i) a fronting fee of one-tenth quarter of one percent (0.1000.25%) per annum on the average daily maximum amount available to be drawn under each such Letter of Credit issued by it, such fee to be paid payable quarterly in arrears on the 15th day following the last day of each calendar quarter for the prior calendar quarter, quarter and (ii) the reasonable and customary charges from time to time of the Issuing Lender with respect to the amendment, 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 (Hewitt Associates Inc)

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Issuing Lender Fees. In addition to the Letter of Credit Fees payable pursuant to subsection (iib) above, the Borrower shall pay to the Issuing Lender for its own account without sharing by the other Lenders (i) a fronting fee of one-tenth of one percent (0.1000.10%) per annum on the average daily maximum amount available to be drawn under each such Letter of Credit issued by it, such fee to be paid payable quarterly in arrears on the 15th day following the last day of each calendar quarter for the prior calendar quarter, quarter and (ii) the reasonable and customary charges from time to time of the Issuing Lender with respect to the amendment, 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 (Hewitt Associates Inc)

Issuing Lender Fees. In addition to the Letter of Credit Fees payable pursuant to subsection (iib) above, the Borrower Company shall pay to the Issuing Lender for its own account without sharing by the other Lenders (i) a fronting fee of one-tenth eighth of one percent (0.1000.125%) per annum on the average daily maximum amount available to be drawn under each such Letter of Credit issued by it, such fee to be paid quarterly in arrears on the 15th day following the last day of each the calendar quarter for the prior calendar quarter, in which such Letter of Credit is issued and (ii) the reasonable and customary charges from time to time of the Issuing Lender with respect to the amendment, 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 (Checkpoint Systems Inc)

Issuing Lender Fees. In addition to the Letter of Credit Fees payable pursuant to subsection (iib) above, the Borrower shall pay to the Issuing Lender for its own account without sharing by the other Lenders (i) a fronting fee of one-tenth of one percent (0.100%) per annum on the average daily maximum amount available to be drawn under each such Letter of Credit issued by it, such fee to be paid quarterly in arrears on the 15th day following the last day of each calendar quarter for the prior calendar quarter, and (ii) the reasonable and customary charges from time to time of the Issuing Lender with respect to the amendment, 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 (Hni Corp)

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