Common use of Letter of Credit and LC Guaranty Fees Clause in Contracts

Letter of Credit and LC Guaranty Fees. Borrowers shall jointly and severally pay to Agent: (i) for standby Letters of Credit and LC Guaranties of standby letters of credit, for the ratable benefit of Lenders a per annum fee equal to 1.50% of the aggregate face amount of such Letters of Credit and LC Guaranties outstanding from time to time during the Term plus all normal and customary charges associated with the issuance thereof, which fees and charges shall be deemed fully earned upon issuance of each such Letter of Credit or LC Guaranty, shall be due and payable on the first Business Day of each month and shall not be subject to rebate or proration upon the termination of this Agreement for any reason; and (ii) for documentary Letters of Credit and LC Guaranties of documentary letters of credit, for the ratable benefit of Lenders, a fee equal to all normal and customary charges associated with the issuance and administration of each such Letter of Credit or LC Guaranty (which fees and charges shall be fully earned upon issuance, renewal or extension (as the case may be) of each such Letter of Credit or LC Guaranty, shall be due and payable on the first Business Day of each month, and shall not be subject to rebate or proration upon the termination of this Agreement for any reason).

Letter of Credit and LC Guaranty Fees. Borrowers Borrower shall jointly and severally pay to Agent: (i) for standby Letters of Credit and LC Guaranties of standby letters of credit, for the ratable benefit of Lenders the Lenders, a per annum fee equal to 1.50% of the Applicable Margin then in effect for LIBOR Advances per annum multiplied by the aggregate face amount of such all Letters of Credit and LC Guaranties outstanding from time to time during the Term plus term of this Agreement, which fees shall be payable monthly in arrears on the first day of each month hereafter, and, in the case of standby and documentary Letters of Credit (and the related LC Guaranties) all normal and customary charges of Bank associated with the issuance thereofof such Letters of Credit and LC Guaranties for the account of borrowers with creditworthiness similar to Borrower's, which fees and charges shall be deemed fully earned and shall be due and payable upon issuance of each such Letter of Credit or LC Guaranty, shall be due and payable on the first Business Day of each month Guaranty and shall not be subject to rebate or proration upon the termination of this Agreement for any reason; and . At the option of Agent or the Majority Lenders, upon and after the occurrence of an Event of Default, and during the continuation thereof, the fee shall increase to the Applicable Margin then in effect for LIBOR Advances per annum plus two percent (ii2%) for documentary multiplied by the aggregate face amount of all Letters of Credit and LC Guaranties of documentary letters of credit, for the ratable benefit of Lenders, a fee equal to all normal and customary charges associated with the issuance and administration of each outstanding at such Letter of Credit or LC Guaranty (which fees and charges shall be fully earned upon issuance, renewal or extension (as the case may be) of each such Letter of Credit or LC Guaranty, shall be due and payable on the first Business Day of each month, and shall not be subject to rebate or proration upon the termination of this Agreement for any reason)time.

Letter of Credit and LC Guaranty Fees. Borrowers Borrower shall jointly and severally pay to AgentLender: (i) for standby Letters of Credit and LC Guaranties of standby letters Letters of creditCredit, for the ratable benefit of Lenders a 3% per annum fee equal to 1.50% of the aggregate face amount of such Letters of Credit and LC Guaranties outstanding from time to time during the Term term of this Agreement, plus all normal and customary charges associated with the issuance thereof, which fees and charges shall be deemed fully earned upon issuance of each such Letter of Credit or LC Guaranty, shall be due and payable on the first Business Day of each month and shall not be subject to rebate or proration upon the termination of this Agreement for any reason; and (ii) for documentary Letters of Credit and LC Guaranties of documentary letters Letters of credit, for the ratable benefit of LendersCredit, a fee equal to all .5% per annum of the face amount of each such Letter of Credit or LC Guaranty, payable upon the issuance of such Letter of Credit or execution of such LC Guaranty and an additional fee equal to .5% per annum of the face amount of such Letter of Credit or LC Guaranty payable upon each renewal thereof and each extension thereof plus the normal and customary charges associated with the issuance and administration of each such Letter of Credit or LC Guaranty (which fees and charges shall be fully earned upon issuance, renewal or extension (as the case may be) of each such Letter of Credit or LC Guaranty, shall be due and payable on the first Business Day of each month, and shall not be subject to rebate or proration upon the termination of this Agreement for any reason).

Letter of Credit and LC Guaranty Fees. Borrowers shall jointly and severally pay to Agent: (ia) for standby Letters of Credit and LC Guaranties of standby letters of credit, for the ratable benefit of Lenders Revolving Credit and Term Loan A Lenders, a per annum fee equal to 1.50% the Applicable Margin then in effect for LIBOR Revolving Portions of the aggregate undrawn face amount of such Letters of Credit and LC Guaranties outstanding from time to time during the Term term of this Agreement, plus all normal and ---- customary charges associated with the issuance thereof, which fees and charges shall be deemed fully earned upon issuance of each such Letter of Credit or LC Guaranty, shall be due and payable in arrears on the first Business Day of each month and shall not be subject to rebate or proration upon the termination of this Agreement for any reason; and; (iib) for documentary Letters of Credit and LC Guaranties of documentary letters of creditcredit a fee, for the ratable benefit account of LendersAgent only, a in accordance with Agent's documentary letter of credit fee equal to schedule then in effect plus all normal and customary charges associated with the ---- issuance and administration of each such Letter of Credit or LC Guaranty (which fees and charges shall be fully earned upon issuance, renewal or extension (as the case may be) of each such Letter of Credit or LC Guaranty, shall be due and payable on the first Business Day of each month, and shall not be subject to rebate or proration upon the termination of this Agreement for any reason).or

Letter of Credit and LC Guaranty Fees. Borrowers shall jointly and severally pay to Agent: Agent for the Pro Rata account of each Lender for (ia) for all standby Letters of Credit and LC Guaranties of standby letters Standby Letters of creditCredit, for the ratable benefit of Lenders a fee at a per annum fee rate equal to 1.50% one percent (1.0%) of the aggregate face amount of such Letters of Credit and LC Guaranties outstanding from time to time during the Term term of this Agreement, and (b) all Commercial Letters of Credit and LC Guaranties of Commercial Letters of Credit, an amount equal to one percent (1%) of the face amount of such Letters of Credit and LC Guaranties plus for the account of the Letter of Credit issuer only all normal and customary charges associated with the issuance thereof, which fees and charges shall be deemed fully earned upon issuance of each such Letter of Credit or LC Guaranty, shall be due and payable on the first Business Day payable, for Standby Letter of each month Credit and LC Guaranties therefor, monthly in arrears and, for Commercial Letters of Credit and LC Guaranties therefor, when advised upon issuance and amendment thereof, and shall not be subject to rebate or proration proratio upon the termination of this Agreement for any reason; and (ii) for documentary Letters of Credit and LC Guaranties of documentary letters of credit, for the ratable benefit of Lenders, a fee equal to all normal and customary charges associated with the issuance and administration of each such Letter of Credit or LC Guaranty (which fees and charges shall be fully earned upon issuance, renewal or extension (as the case may be) of each such Letter of Credit or LC Guaranty, shall be due and payable on the first Business Day of each month, and shall not be subject to rebate or proration upon the termination of this Agreement for any reason).

Letter of Credit and LC Guaranty Fees. Borrowers Borrower shall jointly and severally pay to AgentLender: (i) for standby Letters of Credit and LC Guaranties of standby letters Letters of creditCredit, for the ratable benefit of Lenders a 3% per annum fee equal to 1.50% of the aggregate face amount of such Letters of Credit and LC Guaranties outstanding from time to time during the Term term of this Agreement, plus all normal and customary charges associated with the issuance thereof, which fees and charges shall be deemed fully earned upon issuance of each such Letter of Credit or LC Guaranty, shall be due and payable on the first Business Day of each month and shall not be subject to rebate or proration upon the termination of this Agreement for any reason; and (ii) for documentary Letters of Credit and LC Guaranties of documentary letters Letters of credit, for the ratable benefit of LendersCredit, a fee equal to all ..5% per annum of the face amount of each such Letter of Credit or LC Guaranty, payable upon the issuance of such Letter of Credit or execution of such LC Guaranty and an additional fee equal to .5% per annum of the face amount of such Letter of Credit or LC Guaranty payable upon each renewal thereof and each extension thereof plus the normal and customary charges associated with the issuance and administration of each such Letter of Credit or LC Guaranty (which fees and charges shall be fully earned upon issuance, renewal or extension (as the case may be) of each such Letter of Credit or LC Guaranty, shall be due and payable on the first Business Day of each month, and shall not be subject to rebate or proration upon the termination of this Agreement for any reason).

Letter of Credit and LC Guaranty Fees. Borrowers Borrower shall jointly and severally pay to Agent:Lender: ------------------------------------- (i) for standby Letters of Credit and LC Guaranties of standby letters Letters of creditCredit, for the ratable benefit of Lenders a 2% per annum fee equal to 1.50% of the aggregate face amount of such Letters of Credit and LC Guaranties outstanding from time to time during the Term term of this Agreement, plus all normal and customary charges associated with the issuance thereof, which fees and charges shall be deemed fully earned upon issuance of each such Letter of Credit or LC Guaranty, shall be due and payable on the first Business Day of each month and shall not be subject to rebate or proration upon the termination of this Agreement for any reason; and (ii) for documentary Letters of Credit and LC Guaranties of documentary letters Letters of credit, for the ratable benefit of LendersCredit, a fee equal to all 1% per annum of the face amount of each such Letter of Credit or LC Guaranty, payable upon the issuance of such Letter of Credit or execution of such LC Guaranty and an additional fee equal to 1% per annum of the face amount of such Letter of Credit or LC Guaranty payable upon each renewal thereof and each extension thereof plus the normal and customary charges associated with the issuance and administration of each such Letter of Credit or LC Guaranty (which fees and charges shall be fully earned upon issuance, renewal or extension (as the case may be) of each such Letter of Credit or LC Guaranty, shall be due and payable on the first Business Day of each month, and shall not be subject to rebate or proration upon the termination of this Agreement for any reason).