Common use of Letter of Credit Facility Fees Clause in Contracts

Letter of Credit Facility Fees. The Borrower shall pay to the Agent, (i) for the pro rata benefit of the Lenders based on their Applicable Commitment Percentages, a fee on the aggregate amount available to be drawn on each outstanding Letter of Credit at a rate equal to the Applicable Margin for Eurodollar Rate Loans, and (ii) for the Issuing Bank, 0.125% based on the aggregate amount available to be drawn on each outstanding Letter of Credit. Such fees shall be computed on a per annum basis and shall be due with respect to each Letter of Credit quarterly in arrears on the last day of each March, June, September and December, the first such payment to be made on the first such date occurring after the date of issuance of a Letter of Credit. The fees described in this SECTION 3.3 shall be calculated on the basis of a year of 360 days for the actual number of days elapsed.

Letter of Credit Facility Fees. (a) The Borrower shall pay to the Agent, (i) for the pro rata benefit of the Lenders based on their Applicable Commitment Percentages, a fee on the aggregate amount available to be drawn on each outstanding Letter of Credit at a rate equal to the Applicable Margin for Eurodollar Rate LoansMargin. In addition, and (ii) the Borrower agrees to pay to the Agent for the benefit of the Issuing Bank, 0.125% based on Bank an issuance fee equal to one-eighth of one percent (1/8%) per annum times the aggregate amount available to be drawn on each of outstanding Letter Letters of Credit. Such fees shall be computed on a per annum basis and shall be due with respect to each Letter of Credit quarterly in arrears on the last day Business Day of each March, June, September and December, the first such payment to be made on the first such date occurring after the date of issuance of a Letter of Credit. The fees described in this SECTION Section 3.3 shall be calculated on the basis of a year of 360 days for the actual number of days elapsed.

Letter of Credit Facility Fees. (a) The Borrower shall pay to the Agent, (i) for the pro rata benefit of the Lenders based on their Applicable Commitment Percentages, a fee on the aggregate amount available to be drawn on each outstanding Letter of Credit at a rate equal to the Applicable Margin for Eurodollar Rate LoansMargin. In addition, and (ii) the Borrower agrees to pay to the Agent for the benefit of the Issuing Bank, 0.125% based on Bank an issuance fee equal to one-eighth of one percent (1/8%) per annum times the aggregate amount available to be drawn on each of outstanding Letter Letters of Credit. Such fees shall be computed on a per annum basis and shall be due with respect to each Letter of Credit quarterly in arrears on the last day Business Day of each March, June, September and December, the first such payment to be made on the first such date occurring after the date of issuance of a Letter of CreditJune 30, 1998. The fees described in this SECTION Section 3.3 shall be calculated on the basis of a year of 360 days for the actual number of days elapsedan Actual/360 Basis.

Letter of Credit Facility Fees. The Borrower shall pay to the Agent, (i) for the pro rata benefit of the Lenders based on their Applicable Commitment Percentages, a fee on the aggregate amount available to be drawn on each outstanding Letter of Credit at a rate equal to the Applicable Margin for Eurodollar Rate LoansMargin, and (ii) for the Issuing Bank, 0.125% an amount to be agreed upon from time to time by the Issuing Bank and the Borrower, based on the aggregate amount available to be drawn on each outstanding Letter of Credit. Such fees shall be computed on a per annum basis and shall be due with respect to each Letter of Credit quarterly in arrears on the last day of each March, June, September and December, the first such payment to be made on the first such date occurring after the date of issuance of a Letter of Credit. The fees described in this SECTION Section 3.3 shall be calculated on the basis of a year of 360 days for the actual number of days elapsed.

Letter of Credit Facility Fees. The Borrower shall pay to the Agent, (i) for the pro rata benefit of the Lenders based on their Applicable Commitment Percentages, a an issuance fee on the aggregate amount available to be drawn on each outstanding (i) standby Letter of Credit Credit, at a rate equal to the Applicable Margin for Eurodollar Rate LoansLoans under the Revolving Credit Facility, and (ii) for the Issuing Bank, 0.125% based on the aggregate amount available to be drawn on each outstanding documentary Letter of Credit, 1/4% for each 120 day term or part thereof of such Letter of Credit is outstanding. Such fees shall be computed on a per annum basis and shall be due with respect to each Letter of Credit quarterly in arrears on the last day of each December, March, June, September June and DecemberSeptember, the first such payment to be made on the first such date occurring after the date of issuance of a Letter of Credit. The fees described in this SECTION 3.3 Section 4.3 before shall be calculated on the basis of a year of 360 days for the actual number of days elapsed.

Letter of Credit Facility Fees. The Borrower Borrowers shall pay to the Agent, (i) for the pro rata benefit of the Lenders based on their Applicable Commitment Percentages, a fee on the aggregate amount available to be drawn on each outstanding Letter of Credit at a rate equal to the Applicable Margin for Eurodollar Rate Loans, and (ii) for the Issuing Bank, when there is more than one Lender, 0.125% based on the aggregate amount available to be drawn on each outstanding Letter of Credit. Such fees shall be computed on a per annum basis and shall be due with respect to each Letter of Credit quarterly in arrears on the last day of each March, June, September and December, the first such payment to be made on the first such date occurring after the date of issuance of a Letter of Credit. The fees described in this SECTION Section 3.3 shall be calculated on the basis of a year of 360 days for the actual number of days elapsed.