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

Letter of Credit and LC Guaranty Fees. Borrower shall pay to Agent for standby Letters of Credit and LC Guaranties of standby letter of credit, for the ratable benefit of Lenders, a per annum fee equal to the Applicable Margin then in effect for LIBOR Portions, of the aggregate face amount of such Letters of Credit and LC Guaranties outstanding from time to time during the 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. Notwithstanding the foregoing, of the fee described above, a portion thereof equal to .25% per annum shall be payable to the issuer of the Letter of Credit or LC Guaranty as applicable, and the balance shall be retained, ratably, by the Lenders.

Letter of Credit and LC Guaranty Fees. Borrower shall pay to Agent for standby Letters of Credit and LC Guaranties of standby letter of creditAgent, for the ratable benefit of Lenders, for standby Letters of Credit and LC Guaranties, a per annum fee equal to the Applicable Margin then in effect for LIBOR Portions, 2.25% per annum of the aggregate face amount of such Letters of Credit and LC Guaranties outstanding from time to time during the term of this Agreement, plus all normal and customary fees and charges associated with the issuance issuance, amendment, extension, cancellation and administration thereof, for the account of Agent, which all such fees and charges shall be deemed fully earned upon issuance of each such Letter of Credit or LC Guaranty, . The fee paid to Agent for the ratable benefit of the Lenders shall be due and payable in full upon the issuance of such Letter of Credit or execution of such LC Guaranty and, all other fees and charges associated with such Letter of Credit or LC guaranty shall be due and payable as required, first on the date of issuance or execution and thereafter on the first Business Day of each month month. The fees and charges under this Section shall not be subject to rebate or proration upon the termination of this Agreement for any reason. Notwithstanding the foregoing, of the fee described above, a portion thereof equal to .25% per annum shall be payable to the issuer of the Letter of Credit or LC Guaranty as applicable, and the balance shall be retained, ratably, by the Lenders.

Letter of Credit and LC Guaranty Fees. Borrower shall pay to Agent for standby Letters of Credit and LC Guaranties of standby letter of creditAgent, for the ratable benefit of the Lenders, a per annum fee equal to the Applicable Margin then in effect for LIBOR Portions, of Portions multiplied by the aggregate face amount of such Letters of Credit and LC Guaranties Amount outstanding from time to time during the term of ---------- -- this Agreement, which fees shall be payable monthly in arrears on the first day of each month hereafter, plus all normal and customary charges associated with ---- the issuance thereofof such Letters of Credit and LC Guaranties, 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. Notwithstanding In addition to the foregoing, of the fee described aboveBorrower shall pay to Agent, a portion thereof for its own account, fronting fees equal to .25.125% per annum multiplied by the LC Amount outstanding from time to ---------- -- time during the term of this Agreement, which fronting fees shall be payable to monthly in arrears on the issuer first day of the Letter of Credit or LC Guaranty as applicable, and the balance shall be retained, ratably, by the Lenderseach month hereafter.

Letter of Credit and LC Guaranty Fees. Borrower shall pay to Agent for standby Letters of Credit and LC Guaranties of standby letter of credit, for the ratable benefit of Revolving Lenders, a per annum fee equal to the Applicable Margin then in effect for LIBOR Portions, of the aggregate face amount of such Letters of Credit and LC Guaranties outstanding from time to time during the 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 rebate, refund or proration upon the termination of this Agreement for any reason. Notwithstanding the foregoing, of the fee described above, a portion thereof equal to .25% per annum shall be payable to the issuer of the Letter of Credit or LC Guaranty as applicable, and the balance shall be retained, ratably, by the Revolving Lenders.

Letter of Credit and LC Guaranty Fees. Borrower shall pay to Agent for standby Letters of Credit and LC Guaranties of standby letter of credit, for the ratable benefit of Lenders, a per annum fee equal to the Applicable Margin then in effect for LIBOR Portions, of the aggregate face amount of such Letters of Credit and LC Guaranties outstanding from time to time during the term of this Agreement, plus 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. Notwithstanding the foregoing, of the fee described above, a portion thereof equal to .25% per annum shall be payable to the issuer of the Letter of Credit or LC Guaranty as applicable, and the balance shall be retained, ratably, by the Lenders.