Common use of Letter of Credit Fees, Etc Clause in Contracts

Letter of Credit Fees, Etc. (i) The Borrower shall pay to the Administrative Agent for the account of each Revolving Credit Lender a commission, payable in arrears monthly on the last Business Day of each month, on the earliest to occur of the full drawing under, expiration, termination or cancellation of any Letter of Credit and on the Termination Date, on such Revolving Credit Lender’s Pro Rata Share of the daily aggregate Available LC Amount of all Letters of Credit outstanding from time to time at a rate per annum equal to the Applicable Margin for Eurodollar Rate Advances under the DIP Facility then in effect. (ii) The Borrower shall pay to each Issuing Bank, for its own account, (A) a fronting fee, payable in arrears monthly on the last Business Day of each month, on the earliest to occur of the full drawing under, expiration, termination or cancellation of any such Letter of Credit and on the Termination Date, on the daily aggregate Available LC Amount of all Letters of Credit outstanding from time to time issued by it at the rate of 0.25% per annum and (B) such other reasonable and customary commissions, transfer fees and other fees and charges in connection with the issuance or administration of each Letter of Credit as the Borrower and such Issuing Bank shall agree.

Letter of Credit Fees, Etc. (i) The Borrower shall pay to the Administrative Agent for the account of each Revolving Credit Lender a commission, payable in arrears monthly quarterly on the last Business Day of each monthMarch, June, September and December, commencing June 30, 1999, and on the earliest to occur of the full drawing under, expiration, termination or cancellation of any such Letter of Credit and on the Tranche A Termination Date, on such Revolving Credit Lender’s 's Pro Rata Share of the average daily aggregate Available LC Amount during such quarter of (A) all Standby Letters of Credit outstanding from time to time at a rate per annum equal to the Applicable Margin in effect from time to time for Eurodollar Rate Advances under comprising a Revolving Credit Borrowing and (B) all Trade Letters of Credit outstanding from time to time at a rate per annum equal to the DIP Facility then excess of (x) the Applicable Margin in effecteffect from time to time for Eurodollar Advances comprising a Revolving Credit Borrowing over (y) 1.00%. (ii) The Borrower shall pay to each the Issuing Bank, for its own account, (A) a such commissions, issuance fees, fronting fee, payable in arrears monthly on the last Business Day of each month, on the earliest to occur of the full drawing under, expiration, termination or cancellation of any such Letter of Credit and on the Termination Date, on the daily aggregate Available LC Amount of all Letters of Credit outstanding from time to time issued by it at the rate of 0.25% per annum and (B) such other reasonable and customary commissionsfees, transfer fees and other fees and charges in connection with the issuance or administration of each Letter of Credit as the Borrower and such the Issuing Bank shall agree.

Letter of Credit Fees, Etc. (i) The Borrower shall pay to the Administrative Agent for the account of each Revolving Credit Lender Bank a commission, payable in arrears monthly quarterly (within three Business Days after receipt from the Agent of an invoice therefor) for each period ending on the last Business Day day of each monthMarch, on the earliest to occur of the full drawing underJune, expirationSeptember and December, termination or cancellation of any Letter of Credit commencing September 30, 2007 and on the Termination DateDate for each Bank, on such Revolving Credit Lender’s Bank's Pro Rata Share of the average daily aggregate Available LC Amount during such quarter of all Letters of Credit then outstanding from time to time at a rate per annum equal to the Applicable Margin for on Eurodollar Rate Advances under the DIP Facility then in effecteffect from time to time; provided, however, that with respect to Performance Letters of Credit and Commercial Letters of Credit such commission shall be equal to 50% of such Applicable Margin from time to time. (ii) The Borrower shall pay to each Issuing Bank, for its own account, (A) a fronting fee, payable an issuance fee for each Letter of Credit issued by such Issuing Bank in arrears monthly on the last Business Day of each month, on the earliest an amount equal to occur 0.125% of the full drawing under, expiration, termination or cancellation Available Amount of any such Letter of Credit and on the Termination Datedate of issuance of such Letter of Credit, payable on the daily aggregate Available LC Amount of all Letters of Credit outstanding from time to time issued by it at the rate of 0.25% per annum such date and (B) such other reasonable and customary commissions, fronting fees, transfer fees and other fees and charges in connection with the issuance or administration of each Letter of Credit as the Borrower and such Issuing Bank shall agree.

Letter of Credit Fees, Etc. (i) The Borrower shall pay to the Administrative Agent for the account of each Revolving Credit Lender Bank a commission, payable in arrears monthly quarterly (within three Business Days after receipt from the Agent of an invoice therefor) for each period ending on the last Business Day day of each monthMarch, on the earliest to occur of the full drawing underJune, expirationSeptember and December, termination or cancellation of any Letter of Credit commencing March 31, 2005 and on the Termination Date, on such Revolving Credit LenderBank’s Pro Rata Share of the average daily aggregate Available LC Amount during such quarter of all Letters of Credit then outstanding from time to time at a rate per annum equal to the Applicable Margin for on Eurodollar Rate Advances under the DIP Facility then in effecteffect from time to time; provided, however, that with respect to Performance Letters of Credit and Commercial Letters of Credit such commission shall be equal to 50% of such Applicable Margin from time to time. (ii) The Borrower shall pay to each Issuing Bank, for its own account, (A) a fronting fee, payable an issuance fee for each Letter of Credit issued by such Issuing Bank in arrears monthly on the last Business Day of each month, on the earliest an amount equal to occur 0.125% of the full drawing under, expiration, termination or cancellation Available Amount of any such Letter of Credit and on the Termination Datedate of issuance of such Letter of Credit, payable on the daily aggregate Available LC Amount of all Letters of Credit outstanding from time to time issued by it at the rate of 0.25% per annum such date and (B) such other reasonable and customary commissions, fronting fees, transfer fees and other fees and charges in connection with the issuance or administration of each Letter of Credit as the Borrower and such Issuing Bank shall agree.