Common use of Letter of Credit Face Amount Fee Clause in Contracts

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 or Borrowers requesting a Letter of Credit agree agrees to pay to the Administrative Agent, for the account of the RL Lenders, a fee for such 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 or is terminated, calculated at a per annum rate equal to the Applicable Margin with respect to Revolving Loans maintained as Eurodollar Loans on the Stated Amount of such Letter of Credit. Such fee shall be payable by such the Borrower or Borrowers in arrears each Quarterly Payment Date, after the Amendment Effective Initial Borrowing Date, commencing on the first such date after the issuance of such Letter of Credit.

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 Original 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 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, on or after the Amendment Effective DateMarch 31, 1998, commencing on the first such date after the issuance of such Letter of Credit.