Issuing Lender Fees. In addition to the Letter of Credit Fee, the Borrower promises to pay to the Agent for the account of the Issuing Lender without sharing by the other Lenders (i) a letter of credit fronting fee of one-eighth of one percent (0.125%) on the average daily maximum amount available to be drawn under each Letter of Credit computed at a per annum rate for each day from the date of issuance to the date of expiration and (ii) the customary charges from time to time of the Issuing Lender with respect to the issuance, amendment, transfer, administration, cancellation and conversion of, and drawings under, such Letters of Credit.
Appears in 3 contracts
Samples: Credit Agreement (Chattem Inc), Credit Agreement (Chattem Inc), Credit Agreement (Chattem Canada Holdings Inc)
Issuing Lender Fees. In addition to the Letter of Credit FeeFee payable pursuant to clause (i) above, the Borrower promises to pay to the Agent for the account of the Issuing Lender for its own account without sharing by the other Lenders (iA) a letter of credit fronting fee of one-eighth of one percent (0.1251/8%) per annum on the average daily maximum amount available to be drawn under each outstanding Letters of Credit payable quarterly in arrears with the Letter of Credit computed at a per annum rate for each day from the date of issuance to the date of expiration Fee, and (iiB) the customary charges from time to time of the Issuing Lender with respect to the issuance, amendment, transfer, administration, cancellation and conversion of, and drawings under, such Letters of CreditCredit (collectively, the "Issuing Lender Fees").
Appears in 2 contracts
Samples: Credit Agreement (Profit Recovery Group International Inc), Syndication Amendment and Assignment (Profit Recovery Group International Inc)
Issuing Lender Fees. In addition to the Letter of Credit ------------------- Fee, the Borrower promises to pay to the Administrative Agent for the account of the Issuing Lender without sharing by the other Lenders (i) a letter of credit fronting fee of one-eighth of one percent (0.125%) on the average daily maximum amount available to be drawn under each Letter of Credit computed at a per annum rate for each day from the date of issuance to the date of expiration and (ii) the customary charges from time to time of the Issuing Lender with respect to the issuance, amendment, transfer, administration, cancellation and conversion of, and drawings under, such Letters of Credit.
Appears in 1 contract
Samples: Credit Agreement (Friedmans Inc)
Issuing Lender Fees. In addition to the Letter of Credit FeeFee payable pursuant to clause (i) above, the Borrower promises to pay to the Agent for the account of the Issuing Lender for its own account without sharing by the other Lenders (iA) a letter of credit fronting fee equal to 0.125% of one-eighth of one percent (0.125%) on the average daily maximum amount available to be drawn under each Letter of Credit computed at a per annum rate for each day from the date of issuance to the date of expiration and (iiB) the customary charges from time to time of the Issuing Lender with respect to the issuance, amendment, transfer, administration, cancellation and conversion of, and drawings under, such Letters of CreditCredit (collectively, the "Issuing Lender Fees").
Appears in 1 contract
Issuing Lender Fees. In addition to the Letter of Credit Fee, the Borrower promises to pay to the Administrative Agent for the account of the Issuing Lender without sharing by the other Lenders (i) a letter of credit fronting fee of one-eighth of one percent (0.125%) on the average daily maximum amount available to be drawn under each Letter of Credit computed at a per annum rate for each day from the date of issuance to the date of expiration and (ii) the customary charges from time to time of the Issuing Lender with respect to the issuance, amendment, transfer, administration, cancellation and conversion of, and drawings under, such Letters of Credit.
Appears in 1 contract
Samples: Credit Agreement (Take Two Interactive Software Inc)
Issuing Lender Fees. In addition to the Letter of Credit Fee, the Borrower promises agrees to pay to the Agent for the account of the Issuing Lender for its own account without sharing by the other Lenders (iA) a letter of credit fronting and negotiation fee of one-eighth of one percent (0.125%) per annum on the average daily maximum amount available to be drawn under each Letter Letters of Credit computed at a per annum rate for each day from the date of issuance to the date of expiration (the "Issuing Lender Fees") and (iiB) the customary charges from time to time of the Issuing Lender with respect to the issuance, amendment, transfer, administration, cancellation and conversion of, and drawings under, such Letters of Credit.the
Appears in 1 contract
Samples: Debtor in Possession Financing Agreement (Railworks Corp)
Issuing Lender Fees. In addition to the Letter of Credit Fee, ------------------- the Borrower promises to pay to the Administrative Agent for the account of the Issuing Lender without sharing by the other Lenders (i) a letter of credit fronting fee of one-eighth of one percent (0.125%) on the average daily maximum amount available to be drawn under each Letter of Credit computed at a per annum rate for each day from the date of issuance to the date of expiration and (ii) the customary charges from time to time of the Issuing Lender with respect to the issuance, amendment, transfer, administration, cancellation and conversion of, and drawings under, such Letters of Credit.
Appears in 1 contract
Samples: Credit Agreement (Friedmans Inc)