Letter of Credit Fees, Etc. (i) The Borrowers shall pay to the Administrative Agent for the account of each Lender in a Letter of Credit Facility a commission, payable in arrears, (A) quarterly on the last day of each December, March, June and September, commencing December 31, 2011, (B) on the earliest to occur of the full drawing, expiration, termination or cancellation of any Letter of Credit issued pursuant to such Letter of Credit Facility, and (C) on the Termination Date, on such Lender’s Applicable Pro Rata Share of the average daily aggregate Available Amount during such quarter of all Letters of Credit outstanding under such Letter of Credit Facility from time to time at the rate per annum equal to the Applicable Margin for Floating Rate Advances in effect from time to time. (ii) The Borrowers shall pay to each Issuing Bank, for its own account, (A) a fronting fee for each Letter of Credit issued by such Issuing Bank in an amount equal to 0.125% of the Available Amount of such Letter of Credit on the date of issuance of such Letter of Credit, payable on such date and (B) such other customary commissions, issuance fees, transfer fees and other fees and charges in connection with the issuance or administration of each Letter of Credit as the Borrowers and such Issuing Bank shall agree.
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Samples: Senior Credit Agreement (Digital Realty Trust, L.P.)
Letter of Credit Fees, Etc. (i) The Borrowers Borrower shall pay to the Administrative Agent for the account of each Revolving Credit Lender in a Letter of Credit Facility a commission, payable in arrears, (Aa) quarterly on the last day of each December, March, June June, September and SeptemberDecember commencing September 30, commencing December 31, 20112021, (Bb) on the earliest to occur of the full drawing, expiration, termination or cancellation of any Letter of Credit issued pursuant to such Letter of Credit FacilityCredit, and (Cc) on the Termination RC Maturity Date, on such Revolving Credit Lender’s Applicable Pro Rata Share of the average daily aggregate Available Amount during such quarter of all Letters of Credit outstanding under such Letter of Credit Facility from time to time for the applicable period at the rate per annum equal to the Applicable Margin for Floating Revolving Credit Facility Eurodollar Rate Advances in effect from time to time.
(ii) The Borrowers Borrower shall pay to each Issuing Bank, for its own account, (A) a fronting fee for each Letter of Credit issued by such Issuing Bank in an amount equal to 0.125% of the Available Amount of such Letter of Credit on the date of issuance of such Letter of Credit, payable on such date and (B) such other customary commissions, issuance fees, transfer fees and other fees and charges in connection with the issuance or administration of each Letter of Credit as the Borrowers Borrower and such Issuing Bank shall agree.
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Samples: Credit Agreement (Easterly Government Properties, Inc.)
Letter of Credit Fees, Etc. (i) The Borrowers Borrower shall pay to the Administrative Agent for the account of each Revolving Credit Lender in a Letter of Credit Facility a commission, payable in arrears, (Aa) quarterly on the last day of each December, March, June June, September and September, December commencing December 31, 20112012, (Bb) on the earliest to occur of the full drawing, expiration, termination or cancellation of any Letter of Credit issued pursuant to such Letter Credit, and (c) on the Maturity Date in respect of the Revolving Credit Facility, and (C) on the Termination Date, on such Revolving Credit Lender’s Applicable Pro Rata Share of the average daily aggregate Available Amount during such quarter of all Letters of Credit outstanding under such Letter of Credit Facility from time to time for the applicable period at the rate per annum equal to the Applicable Margin for Floating Eurodollar Rate Advances in effect from time to time.
(ii) The Borrowers Borrower shall pay to each Issuing Bank, for its own account, (A) a fronting fee for each Letter of Credit issued by such Issuing Bank in an amount equal to 0.125% of the Available Amount of such Letter of Credit on the date of issuance of such Letter of Credit, payable on such date and (B) such other customary commissions, issuance fees, transfer fees and other fees and charges in connection with the issuance or administration of each Letter of Credit as the Borrowers Borrower and such Issuing Bank shall agree.
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Letter of Credit Fees, Etc. (i) The Borrowers Borrower shall pay to the Administrative Agent for the account of each Lender in a Letter of Credit Facility Bank a commission, payable in arrears, arrears quarterly (Awithin three Business Days after receipt from the Agent of an invoice therefor) quarterly for each period ending on the last day of each December, March, June June, September and SeptemberDecember, commencing December 31, 2011, (B) on the earliest to occur of the full drawing, expiration, termination or cancellation of any Letter of Credit issued pursuant to such Letter of Credit Facility, 2008 and (C) on the Termination DateDate for each Bank, on such Lender’s Applicable Bank's Pro Rata Share of the average daily aggregate Available Amount during such quarter of all Letters of Credit then outstanding under such Letter of Credit Facility from time to time at the a rate per annum equal to the Applicable Margin for Floating Rate Advances (Eurodollar Rate) in effect 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 (Eurodollar Rate) from time to time.
(ii) The Borrowers Borrower shall pay to each Issuing Bank, for its own account, (A) a fronting an issuance fee for each Letter of Credit issued by such Issuing Bank in an amount equal to 0.125% of the Available Amount of such Letter of Credit on the date of issuance of such Letter of Credit, payable on such date and (B) such other customary commissions, issuance fronting fees, transfer fees and other fees and charges in connection with the issuance or administration of each Letter of Credit as the Borrowers Borrower and such Issuing Bank shall agree.
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Letter of Credit Fees, Etc. (i) The Borrowers Borrower shall pay to the Administrative Agent for the account of each Revolving Credit Lender in a Letter of Credit Facility a commission, payable in arrears, (Aa) quarterly on the last day of each December, March, June June, September and SeptemberDecember commencing Mxxxx 00, commencing December 31, 20110000, (Bx) on the earliest to occur of the full drawing, expiration, termination or cancellation of any Letter of Credit issued pursuant to such Letter Credit, and (c) on the Maturity Date in respect of the Revolving Credit Facility, and (C) on the Termination Date, on such Revolving Credit Lender’s Applicable Pro Rata Share of the average daily aggregate Available Amount during such quarter of all Letters of Credit outstanding under such Letter of Credit Facility from time to time for the applicable period at the rate per annum equal to the Applicable Margin for Floating Eurodollar Rate Advances in effect from time to time.
(ii) The Borrowers Borrower shall pay to each Issuing Bank, for its own account, (A) a fronting fee for each Letter of Credit issued by such Issuing Bank in an amount equal to 0.1250.100% of the Available Amount of such Letter of Credit on the date of issuance of such Letter of Credit, payable on such date and (B) such other customary commissions, issuance fees, transfer fees and other fees and charges in connection with the issuance or administration of each Letter of Credit as the Borrowers Borrower and such Issuing Bank shall agree.
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Letter of Credit Fees, Etc. (i) The Borrowers Borrower shall pay to the Administrative Agent for the account of each Revolving Credit Lender in a Letter of Credit Facility a commission, payable in arrears, (Aa) quarterly on the last day of each December, March, June June, September and SeptemberDecember commencing September 30, commencing December 31, 20112021, (Bb) on the earliest to occur of the full drawing, expiration, termination or cancellation of any Letter of Credit issued pursuant to such Letter of Credit FacilityCredit, and (Cc) on the Termination RC Maturity Date, on such Revolving Credit Lender’s Applicable Pro Rata Share of the average daily aggregate Available Amount during such quarter of all Letters of Credit outstanding under such Letter of Credit Facility from time to time for the applicable period at the rate per annum equal to the Applicable Margin for Floating Rate Revolving Credit Facility Eurodollar RateAdjusted Term SOFR Advances in effect from time to time.
(ii) The Borrowers Borrower shall pay to each Issuing Bank, for its own account, (A) a fronting fee for each Letter of Credit issued by such Issuing Bank in an amount equal to 0.125% of the Available Amount of such Letter of Credit on the date of issuance of such Letter of Credit, payable on such date and (B) such other customary commissions, issuance fees, transfer fees and other fees and charges in connection with the issuance or administration of each Letter of Credit as the Borrowers Borrower and such Issuing Bank shall agree.
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Samples: Credit Agreement (Easterly Government Properties, Inc.)
Letter of Credit Fees, Etc. (i) The Borrowers Borrower shall pay to the Administrative Agent for the account of each Revolving Credit Lender in a Letter of Credit Facility a commission, payable in arrears, (Aa) quarterly on the last day of each December, March, June June, September and SeptemberDecember commencing September 30, commencing December 31, 20112021, (Bb) on the earliest to occur of the full drawing, expiration, termination or cancellation of any Letter of Credit issued pursuant to such Letter of Credit FacilityCredit, and (Cc) on the Termination RC Maturity Date, on such Revolving Credit Lender’s Applicable Pro Rata Share of the average daily aggregate Available Amount during such quarter of all Letters of Credit outstanding under such Letter of Credit Facility from time to time for the applicable period at the rate per annum equal to the Applicable Margin for Floating Rate Revolving Credit Facility Adjusted Term SOFR Advances in effect from time to time.
(ii) The Borrowers Borrower shall pay to each Issuing Bank, for its own account, (A) a fronting fee for each Letter of Credit issued by such Issuing Bank in an amount equal to 0.125% of the Available Amount of such Letter of Credit on the date of issuance of such Letter of Credit, payable on such date and (B) such other customary commissions, issuance fees, transfer fees and other fees and charges in connection with the issuance or administration of each Letter of Credit as the Borrowers Borrower and such Issuing Bank shall agree.
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Samples: Credit Agreement (Easterly Government Properties, Inc.)
Letter of Credit Fees, Etc. (i) The Borrowers Borrower shall pay to the Administrative Agent for the account of each Revolving Credit Lender in a Letter of Credit Facility a commission, payable in arrears, (Aa) quarterly on the last day of each December, March, June June, September and SeptemberDecember commencing September 30, commencing December 31, 20112017, (Bb) on the earliest to occur of the full drawing, expiration, termination or cancellation of any Letter of Credit issued pursuant to such Letter Credit, and (c) on the Maturity Date in respect of the Revolving Credit Facility, and (C) on the Termination Date, on such Revolving Credit Lender’s Applicable Pro Rata Share of the average daily aggregate Available Amount during such quarter of all Letters of Credit outstanding under such Letter of Credit Facility from time to time for the applicable period at the rate per annum equal to the Applicable Margin for Floating Revolving Credit Facility Eurodollar Rate Advances in effect from time to time.
(ii) The Borrowers Borrower shall pay to each Issuing Bank, for its own account, (A) a fronting fee for each Letter of Credit issued by such Issuing Bank in an amount equal to 0.125% of the Available Amount of such Letter of Credit on the date of issuance of such Letter of Credit, payable on such date and (B) such other customary commissions, issuance fees, transfer fees and other fees and charges in connection with the issuance or administration of each Letter of Credit as the Borrowers Borrower and such Issuing Bank shall agree.
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