Common use of Letter of Credit Fee Clause in Contracts

Letter of Credit Fee. Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to 1.25% per annum times the aggregate undrawn amount of all outstanding Letters of Credit.

Appears in 3 contracts

Samples: Loan and Security Agreement (Computron Software Inc), Loan and Security Agreement (Fitzgeralds Gaming Corp), Loan and Security Agreement (Oneita Industries Inc)

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Letter of Credit Fee. Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to 1.251.5% per annum times the aggregate undrawn amount of all outstanding Letters of Credit.

Appears in 3 contracts

Samples: Loan and Security Agreement (Usci Inc), Loan and Security Agreement (Intergraph Corp), Loan and Security Agreement (Discovery Zone Inc)

Letter of Credit Fee. Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to 1.251.50% per annum times the aggregate undrawn amount of all outstanding Letters of Credit.

Appears in 3 contracts

Samples: Loan and Security Agreement (Sirena Apparel Group Inc), Loan and Security Agreement (Dep Corp), Loan and Security Agreement (Multigraphics Inc)

Letter of Credit Fee. Borrower Borrowers shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to 1.251.50% per annum times the aggregate undrawn amount of all outstanding Letters of CreditCredit outstanding as of the end of each day.

Appears in 2 contracts

Samples: Loan and Security Agreement (Celebrity Inc), Loan and Security Agreement (Celebrity Inc)

Letter of Credit Fee. Borrower Borrowers shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to 1.251.00% per annum times the aggregate undrawn amount of all outstanding Letters of Credit.

Appears in 2 contracts

Samples: Loan and Security Agreement (Allied Healthcare Products Inc), Loan and Security Agreement (Effective Management Systems Inc)

Letter of Credit Fee. Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to 1.25% one and one-half percent (1.5%) per annum times the aggregate undrawn amount of all outstanding Letters of Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Data Systems Network Corp)

Letter of Credit Fee. Borrower Borrowers shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to 1.251.50% per annum times the aggregate undrawn amount of all outstanding Letters of Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Morrow Snowboards Inc)

Letter of Credit Fee. Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to 1.251.0% per annum times the aggregate undrawn amount of all outstanding Letters of Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Intergraph Corp)

Letter of Credit Fee. Each Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to 1.251.50% per annum times the aggregate undrawn amount of all outstanding Letters of CreditCredit issued for the account of such Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Multigraphics Inc)

Letter of Credit Fee. Borrower Borrowers shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal 2.2(d))equal --------------- to 1.250.75 % per annum times the aggregate undrawn amount of all outstanding Letters of CreditCredit outstanding at the end of each day.

Appears in 1 contract

Samples: Loan and Security Agreement (Allied Healthcare Products Inc)

Letter of Credit Fee. Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to 1.252% per annum times the aggregate undrawn amount of all outstanding Letters of Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Bpi Packaging Technologies Inc)

Letter of Credit Fee. Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to 1.251.5% per annum times the aggregate undrawn amount Letter of all outstanding Letters of CreditCredit Usage.

Appears in 1 contract

Samples: Loan and Security Agreement (Muzak Capital Corp)

Letter of Credit Fee. Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to 1.252.0% per annum times the aggregate undrawn amount of all outstanding Letters of Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Dorsey Trailers Inc)

Letter of Credit Fee. Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section SECTION 2.2(d)) equal to 1.251.50% per annum times the Daily Balance of the aggregate undrawn amount of all outstanding Letters of Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Ultimate Electronics Inc)

Letter of Credit Fee. Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to one and one-quarter percent (1.25% %) per annum times the aggregate undrawn amount of all outstanding Letters of Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Grant Geophysical Inc)

Letter of Credit Fee. Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to 1.251.75% per annum times the aggregate undrawn amount of all outstanding Letters of Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Starcraft Corp /In/)

Letter of Credit Fee. Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d2.2(e)) equal to 1.25% one and one half percent (1.50%) per annum times the Daily Balance of the aggregate undrawn amount of all outstanding Letters of Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Allied Products Corp /De/)

Letter of Credit Fee. Borrower Borrowers shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to 1.25% per annum times the Daily Balance of the aggregate undrawn amount of all outstanding Letters of Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (K Tel International Inc)

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Letter of Credit Fee. Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to 1.25% two percent (2%) per annum times the aggregate undrawn amount of all outstanding Letters of Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Usci Inc)

Letter of Credit Fee. Borrower Borrowers shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section ------- 2.2(d)) equal to 1.251.50% per annum times the aggregate undrawn amount of all outstanding ------- Letters of CreditCredit outstanding as of the end of each day.

Appears in 1 contract

Samples: Loan and Security Agreement (Digital Generation Systems Inc)

Letter of Credit Fee. Borrower Borrowers shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d2.2(e)) equal to 1.25% one and one-half (1.50%) percent per annum times the --------------- aggregate undrawn amount of all outstanding Letters of Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Global Sports Inc)

Letter of Credit Fee. Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to 1.251.00% per annum times the aggregate undrawn amount of all outstanding Letters of CreditCredit outstanding as of the end of each day."

Appears in 1 contract

Samples: Loan and Security Agreement (Silicon Storage Technology Inc)

Letter of Credit Fee. Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section ------- 2.2(d)) equal to 1.252.0% per annum times the aggregate undrawn amount of all ------ outstanding Letters of Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Computervision Corp /De/)

Letter of Credit Fee. Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section ------- 2.2(d)) equal to 1.251.50% per annum times the aggregate undrawn amount of all ------ outstanding Letters of Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Concurrent Computer Corp/De)

Letter of Credit Fee. Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to 1.25% one and one-half percent (1.50%) per annum times the aggregate undrawn amount of all outstanding Letters of Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Pharmhouse Corp)

Letter of Credit Fee. Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to 1.25% per annum times the aggregate undrawn amount of all outstanding Letters of CreditCredit outstanding as of the end of each day.

Appears in 1 contract

Samples: Loan and Security Agreement (Gi Joes Inc)

Letter of Credit Fee. Borrower Borrowers shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to 1.251.75% per annum times the aggregate undrawn amount of all outstanding Letters of Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Starcraft Corp /In/)

Letter of Credit Fee. Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(d)) equal to 1.250.75% per annum times the aggregate undrawn amount of all outstanding Letters of Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Intergraph Corp)

Letter of Credit Fee. Borrower shall pay Foothill a fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.2(dSECTION 2.2(D)) equal to 1.25% per annum times the aggregate undrawn amount of all outstanding Letters of Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (National Media Corp)

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