Letter of Credit Fees and Expenses. The Parent shall pay directly to the Bank for its sole account its customary documentary and processing charges in accordance with that certain letter agreement between the Parent and the Bank dated as of the date hereof (as such letter agreement may be amended, restated or otherwise modified from time to time, the "Fee Letter"). Such fees and charges are nonrefundable.
Letter of Credit Fees and Expenses. (a) Subject to Section 3.3, the Borrowers agree to pay to the Administrative Agent for the account of the Revolving Lenders in accordance with their respective Pro Rata Shares a fee (the “Letter of Credit Fee”) equal to the Letter of Credit Fee Percentage, multiplied by the average undrawn amount of each Letter of Credit issued and outstanding hereunder. The Letter of Credit Fee shall be (i) computed on the basis of a 360 day year for the actual number of days elapsed and (ii) payable monthly in arrears on the first day of each month following any month in which a Letter of Credit was issued and/or in which a Letter of Credit remained outstanding and on the Revolving Termination Date.
Letter of Credit Fees and Expenses. The applicable Borrower shall pay directly to the Bank for its sole account its customary documentary and processing charges in accordance with past practice, or as otherwise mutually agreed by the Borrowers and the Bank. Such fees and charges are nonrefundable.
Letter of Credit Fees and Expenses. The Borrower agrees to pay to the Revolving Agent for the benefit of the Revolving Lenders, the fees set forth in Section 3.06(c) in connection with Letter of Credit Obligations. The Borrower agrees to pay to the Revolving Agent for the benefit of the L/C Issuer, (i) the fees set forth in Section 3.06(d) in connection with the issuance of Letters of Credit and, (ii) on demand, such reasonable fees (including all per annum fees), charges and expenses of the L/C Issuer customarily charged by the L/C Issuer in respect of the issuance, negotiation, acceptance, amendment, transfer and payment of Letters of Credit or otherwise payable pursuant to the application and related documentation under which any Letter of Credit is issued.
Letter of Credit Fees and Expenses. In consideration of the issuance by Lender of each of the Letters of Credit, Borrower will pay to Lender (a) commissions with respect to each Letter of Credit so long as Lender is obligated under the applicable Letter of Credit, computed on such amounts and: (i) as to Letters of Credit that are standby letters of credit, at the rate of one percent (1%) per annum of the stated amount of each Letter of Credit, payable quarterly for Letters of Credit then outstanding in advance and calculated on the basis of a year of 360 days and the actual number of days elapsed, with a $300 minimum per Letter of Credit per annum and an additional issuance fee of $150 per Letter of Credit, such minimum fees and issuance fees to be adjusted from time to time to Lender's standard rates and with respect to Letters of Credit when the minimum fee is charged the fee will be collected upon its issuance, and (ii) as to Letters of Credit that are import/export letters of credit, at the rate of one quarter of one percent (.25%) of the stated amount of each Letter of Credit, payable upon issuance, with a $75 minimum per Letter of Credit and an additional issuance fee of $50 per Letter of Credit, such minimum fees and issuance fees to be adjusted from time to time to Lender's standard rates and (b) all expenses that Lender reasonably incurs in connection with any Letter of Credit (including but not limited to attorney's fees, wire transfer charges, fees of correspondent and confirming banks, foreign exchange fees, etc.). Lender will credit Borrower on a pro-rata basis for Letters of Credit commissions with respect to Letters of Credit paid or terminated prior to its stated maturity date.
Letter of Credit Fees and Expenses. This Agreement hereby incorporates by reference as though fully set forth herein, all provisions of the Credit Agreement on the fees and expenses due and payable to the Series 2004-1 Letter of Credit Provider in connection with issuance of the Series 2004-1 Letter of Credit including, without limitation, Sections 3.3 and 4.3 thereof, and DTG Operations and DTAG each hereby agrees to pay such fees and expenses pursuant to and in the manner provided in the Credit Agreement.
Letter of Credit Fees and Expenses. The Parent shall pay directly to the Agent for its sole account its customary documentary and processing charges in accordance with its standard schedule, as from time to time in effect, for any Letter of Credit Action or other occurrence relating to a Letter of Credit for which such charges are customarily made and such other fees as may be charged by the Agent in accordance with its customary operating practices in connection with any such Letter of Credit Action. Such fees and charges are nonrefundable.
Letter of Credit Fees and Expenses. Quarterly in arrears, on the last day of each March, June, September, and December, commencing on the first such date occurring after the date hereof, the Borrower shall pay to the Bank a letter of credit fee at a rate per annum equal to the Applicable Margin for LIBOR Rate Loans in effect during each day of such quarter applied to the daily average face amount of undrawn Letters of Credit during such quarter. The Borrower shall pay to the Bank the Bank’s customary issuance, negotiation and transfer fees and other fees and charges in connection with the issuance or administration of the Letters of Credit in effect from time to time as separately agreed upon by the Borrower and the Bank.
Letter of Credit Fees and Expenses. (a) The Borrower shall pay to the Agent, for the ratable account of the Lenders, a fee (the "LOC Utilization Fee") at a rate per annum equal to (i) the Applicable Fee Rate on the average daily undrawn amount of all outstanding Facility Letters of Credit minus (ii) the LOC Fronting Fees paid or payable in respect of such Facility Letters of Credit for the same period. Each Lender's share of the LOC Utilization Fee accruing on any day shall be equal to its Proportionate Share on such day.
Letter of Credit Fees and Expenses. In consideration of the issuance by Lender of each of the Letters of Credit, Borrower will pay to Lender (a)
