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 February, May, August and November, 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 Borrowers shall pay to the Administrative Agent, for the pro rata benefit of the Lenders based on their Applicable Commitment Percentages, a fee on the aggregate Dollar Value of the 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 FebruaryMarch, MayJune, August September and NovemberDecember, 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 Loans. Such fees shall be due with respect to each Letter of Credit quarterly in arrears on the last day of each FebruaryDecember, MayMarch, August June and NovemberSeptember, 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 Administrative 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 and payable with respect to each Letter of Credit quarterly in arrears on the last day Business Day of each FebruaryMarch, MayJune, August September and NovemberDecember, 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 Loans. Such fees shall be due with respect to each Letter of Credit quarterly in arrears on the last day of each November, February, May, August May and NovemberAugust, the first such payment to be made on the first such date occurring after the date of issuance of a Letter of Credit.