Common use of Letter of Credit Facility Fees Clause in Contracts

Letter of Credit Facility Fees. The Borrower shall pay to the Agent, 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. Such fees 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.

Letter of Credit Facility Fees. The Borrower shall pay to the Agent, 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 the rate equal to set forth in the Pricing Grid as the "Applicable Margin Fee for Eurodollar Rate LoansLetters of Credit". Such fees shall be due and payable with respect to each Letter of Credit quarterly in arrears on the last day of each MarchSeptember, December, March and 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.

Letter of Credit Facility Fees. The Borrower shall pay to the Agent, 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 LoansLoans on each Determination Date. Such fees shall be due with respect to each Letter of Credit quarterly in arrears on the last day Business Day of each March, June, September September, December and DecemberMarch, the first such payment to be made on the first such date occurring after the date of issuance of a Letter of Credit.

Letter of Credit Facility Fees. The Borrower shall pay to the Agent, 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. Such fees shall be due and payable 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 CreditClosing Date.

Letter of Credit Facility Fees. The Borrower shall pay to the Administrative Agent, for the pro rata benefit of the Lenders based on their Applicable Commitment PercentagesPercentages for the Three Year Facility, 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. Such fees 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.