Common use of LC Fees Clause in Contracts

LC Fees. The Borrower agrees to pay to the Administrative Agent, for the account of each Lender (subject to Section 2.13(g)(iii)), a letter of credit fee at a rate per annum equal to the LC Fee Rate on such Xxxxxx’s Pro Rata Share of the undrawn stated amount of all Facility LCs outstanding from time to time, payable in arrears on the last day of each March, June, September and December and on the Final Termination Date (and, if applicable, thereafter on demand). The Borrower also agrees to pay to the LC Issuer for its own account (x) a fronting fee in an amount and at the times agreed upon between the LC Issuer and the Borrower and (y) documentary and processing charges in connection with the issuance or Modification of and draws under Facility LCs in accordance with the LC Issuer’s standard schedule for such charges as in effect from time to time.

LC Fees. The Borrower agrees to pay to the Administrative Agent, for the account of each Lender (subject to Section 2.13(g)(iii)), a letter of credit fee at a rate per annum equal to the LC Fee Rate on such XxxxxxLender’s Pro Rata Share of the undrawn stated amount of all Facility LCs outstanding from time to time, payable in arrears on the last day of each March, June, September and December and on the Final Termination Date (and, if applicable, thereafter on demand). The Borrower also agrees to pay to the LC Issuer for its own account (x) a fronting fee in an amount and at the times agreed upon between the LC Issuer and the Borrower and (y) documentary and processing charges in connection with the issuance or Modification of and draws under Facility LCs in accordance with the LC Issuer’s standard schedule for such charges as in effect from time to time.

LC Fees. The Borrower agrees to shall pay to the Administrative Agent, for the account of the Lenders ratably in accordance with their respective Pro Rata Shares, with respect to each Lender (subject to Section 2.13(g)(iii))Facility LC, a letter of credit fee (the “LC Fee”) at a the rate of 1.25% per annum equal to on the LC Fee Rate on such Xxxxxx’s Pro Rata Share of the average daily undrawn stated amount of all under such Facility LCs outstanding from time LC, such fee to time, be payable in arrears on the last day of each Marchquarter, June, September beginning with the first quarter after such Facility LC is issued and December and ending on the Final Termination Date (and, if applicable, thereafter on demand)expiry date of such Facility LC. The Borrower shall also agrees to pay to the LC Issuer for its own account (x) a fronting fee in an amount and of $300.00 to be payable at the times agreed upon between the LC Issuer and the Borrower time of issuance of such Facility LC, and (y) documentary and processing charges in connection with the issuance or Modification of and draws under Facility LCs in accordance with the LC Issuer’s standard schedule for such charges as in effect from time to time.