Letter of Credit Face Amount Fee. The Borrower or Borrowers requesting a Letter of Credit agree to pay to the Administrative Agent, for the account of the Lenders, a fee for such Letter of Credit for the period from and including the date of the issuance of such Letter of Credit to (but not including) the date upon which such Letter of Credit expires or is terminated, calculated at a per annum rate equal to the Applicable Margin with respect to Eurodollar Loans on the Stated Amount of such Letter of Credit. Such fee shall be payable by such Borrower or Borrowers in arrears each Quarterly Payment Date, after the Amendment Effective Date, commencing on the first such date after the issuance of such Letter of Credit.
Letter of Credit Face Amount Fee. The Borrower agrees to pay to the Administrative Agent, for the account of each Lender that has a Revolving Loan Commitment, a fee for each Letter of Credit for the period from and including the date of the issuance of such Letter of Credit to (but not including) the date upon which such Letter of Credit expires, at a rate per annum equal to the Applicable Margin for such day for Revolving Loans that are maintained as LIBO Rate Loans, minus 1/8 of 1%. Such fee shall be payable by the Borrower in arrears each Quarterly Payment Date, and on the Revolving Loan Commitment Termination Date for any period then ending for which such fee shall not theretofore have been paid, commencing on the first such date after the issuance of such Letter of Credit.
Letter of Credit Face Amount Fee. The Borrower agrees to pay to the Agent, for the account of the Lenders, a fee for each Letter of Credit for the period from and including the date of the issuance of such Letter of Credit to (but not including) the date upon which such Letter of Credit expires, equal to the product of the Applicable Eurodollar Rate Margin per annum times the face amount of such Letter of Credit. Such fee shall be payable by the Borrower in arrears each Quarterly Payment Date, and on the Working Capital Loan Commitment Termination Date for any period then ending for which such fee shall not theretofore have been paid, commencing on the first such date after the issuance of such Letter of Credit.
Letter of Credit Face Amount Fee. The Borrower agrees to pay to the Agent, for the account of the Lenders, a fee for each Letter of Credit for the period from and including the date of the issuance of such Letter of Credit (which date, in the case of an Existing Letter of Credit, shall be the Closing Date) to (but excluding) the date upon which such Letter of Credit expires equal to the LIBO Rate Margin then in effect per annum of the Stated Amount of such Letter of Credit. Such fee shall be calculated on a daily basis and shall be payable by the Borrower in arrears on each Quarterly Payment Date to occur after issuance of such Letter of Credit and on the Revolving Loan Commitment Termination Date.
Letter of Credit Face Amount Fee. The applicable Borrower agrees to pay to the Agent, for the account of the Lenders, a fee for each Letter of Credit issued on the application of such Borrower for the period from and including the date of the issuance of such Letter of Credit to (but not including) the date upon which such Letter of Credit expires, at a per annum rate equal to the applicable Margin of the face amount of such Letter of Credit (which face amount shall be reduced by any reductions in such Letters of Credit pursuant to Section 4.1(d) hereof). Such fee shall be payable in immediately available funds in advance on the date of issuance of each Letter of Credit and on each Quarterly Payment Date thereafter. No portion of such fee shall be refunded after payment.
Letter of Credit Face Amount Fee. The Borrower agrees to -------------------------------- pay to the Agent, for the account of each Lender, a fee for each Letter of Credit for the period from and including the date of the issuance of such Letter of Credit to (but not including) the date upon which such Letter of Credit expires, at a per annum rate equal to the Applicable Margin on the outstanding face amount of each Letter of Credit. Such fee shall be payable by the Borrower in arrears on each Quarterly Payment Date, and on the Commitment Termination Date for any period then ending for which such fee shall not theretofore have been paid, commencing on the first such date after the issuance of such Letter of Credit.
Letter of Credit Face Amount Fee. The Borrower agrees to pay to the Agent, for the account of each Lender, a fee for each Letter of Credit for the period from and including the date of the issuance of such Letter of Credit to (but not including) the date upon which such Letter of Credit expires, at a per annum rate equal to the Revolving Loan Letter of Credit Applicable Margin on the outstanding face amount of each Letter of Credit in the case of Revolving Loan Letters of Credit. Borrower also agrees to pay to the Agent, for the account of the Issuer, a fronting fee of 0.125% per annum on the face amount of each Letter of Credit issued.
Letter of Credit Face Amount Fee. The Borrower agrees to pay to the Agent, for the account of the Lenders, a fee for each Letter of Credit for the period from and including the date of the issuance of such Letter of Credit to (but not including) the date upon which such Letter of Credit expires, in an amount equal to (a) in the case of each commercial Letter of Credit, 0.75% per annum of the Stated Amount of such commercial Letter of Credit and (b) in the case of each standby Letter of Credit, the applicable Letter of Credit Rate multiplied by the Stated Amount of such standby Letter of Credit. Such fees shall be payable by the Borrower in arrears on each Quarterly Payment Date, and on the Revolving Loan Commitment Termination Date for any period then ending for which such fee shall not theretofore have been paid, commencing on the first such date after the issuance of such Letter of Credit.
Letter of Credit Face Amount Fee. After the date of issuance of any Letter of Credit, the Company shall pay to the Co-Agent for the account of the Lenders, quarterly in arrears, payable on each Quarterly Payment Date thereafter, commencing October 31, 1994, so long as any Letter of Credit shall remain outstanding, a non-refundable letter of credit fee (the "Letter of Credit Fee") on each Letter of Credit, computed at the Applicable Margin for the Letter of Credit, calculated based on the face amount and the number of days in the term of such Letter of Credit falling within the immediately preceding Fiscal Quarter, to be distributed to the Lenders pro rata, based on their respective Percentages.
Letter of Credit Face Amount Fee. The Borrower agrees to pay to the Administrative Agent, for the account of each Lender, a fee for each Letter of Credit for the period from and including the date of the issuance of such Letter of Credit to (but not including) the date upon which such Letter of Credit expires, at a rate per annum equal to the Applicable Margin for such day for Revolving Loans that are maintained as LIBO Rate Loans (but in no event less than $500) times the daily maximum amount available to be drawn under such Letter of Credit. Such fee shall be payable by the Borrower in arrears on each Quarterly Payment Date, and on the Revolving Loan Commitment Termination Date, commencing on the first such date after the issuance of such Letter of Credit.
