Common use of LC Fees Clause in Contracts

LC Fees. The Company shall pay to the Agent, for the account of the Banks ratably in accordance with their respective Pro Rata Shares, a letter of credit fee (the “LC Fee”) at a per annum rate equal to the Applicable Margin for Eurodollar Rate Loans in effect from time to time on the daily undrawn stated amount of each Facility LC, such fee to be payable in arrears on each Payment Date and the Termination Date (and, if applicable, thereafter on demand). The Company shall also pay to each LC Issuer for its own account (a) a fronting fee for each Facility LC at the time and in the amount separately agreed by the Company and such LC Issuer, and (b) documentary and processing charges in connection with the issuance or Modification of and draws under Facility LCs in accordance with such LC Issuer’s standard schedule for such charges as in effect from time to time.

LC Fees. The Company shall pay to the Agent, for the account of the Banks ratably in accordance with their respective Pro Rata Shares, a letter of credit fee (the “"LC Fee”") at a per annum rate equal to the Applicable Margin for Eurodollar Rate Loans in effect from time to time on the daily undrawn stated amount of each Facility LC, such fee to be payable in arrears on each Payment Date and the Termination Date (and, if applicable, thereafter on demand). The Company shall also pay to each the LC Issuer for its own account (a) a fronting fee for each Facility LC at the time and in the amount separately agreed by set forth in the Company and such LC Issuer, Fee Letter and (b) documentary and processing charges in connection with the issuance or Modification of and draws under Facility LCs in accordance with such the LC Issuer’s 's standard schedule for such charges as in effect from time to time.

LC Fees. The Company Borrower shall pay to the Agent, for the account of the Banks Lenders ratably in accordance with their respective Pro Rata Shares, with respect to each Facility LC, a letter of credit fee (the “LC Fee”) at a per annum rate equal to the Applicable Margin for Eurodollar Rate Loans in effect from time to time on the daily undrawn stated face amount of each such Facility LC, such fee to be payable in arrears on each Payment Date and the Termination Date (and, if applicable, thereafter on demandeach such fee described in this sentence an "LC Fee"). The Company Borrower shall also pay to each the LC Issuer for its own account (ax) at the time of issuance of each Facility LC, a fronting fee for each Facility in an amount to be agreed upon between the LC at Issuer and the time and in the amount separately agreed by the Company and such LC IssuerBorrower, and (by) documentary and processing charges in connection with the issuance or Modification of and draws under Facility LCs in accordance with such the LC Issuer’s 's standard schedule for such charges as in effect from time to time.