Common use of Letter of Credit Fronting and Administrative Fees Clause in Contracts

Letter of Credit Fronting and Administrative Fees. The Borrower shall pay to the Issuing Bank a fronting fee of one quarter percent per annum (.25%) on the aggregate amount available to be drawn on each outstanding Letter of Credit, such fee to be due and payable quarterly in arrears with respect to each Letter of Credit on the dates established in Section 4.6(b) for the payment of Letter of Credit facility fees. The Borrower shall also pay to the Issuing Bank such administrative fee and other fees, if any, in connection with the Letters of Credit in such amounts and at such times as the Issuing Bank and the Borrower shall agree from time to time.

Letter of Credit Fronting and Administrative Fees. The Borrower shall pay to the Issuing Bank a fronting fee of one-eighth of one quarter percent (1/8 %) per annum (.25%) on the initial aggregate amount available to be drawn on each outstanding Letter of Credit, such fee to be due and payable quarterly in arrears full with respect to each Letter of Credit on the dates quarterly date established in Section 4.6(b) for the payment of Letter of Credit facility feesfees next following the date of issuance (or renewal) of such Letter of Credit. The Borrower shall also pay to the Issuing Bank such administrative fee and other fees, if any, in connection with the Letters of Credit in such amounts and at such times as the Issuing Bank and the Borrower shall agree from time to time.

Letter of Credit Fronting and Administrative Fees. The Borrower shall pay to the Applicable Issuing Bank a fronting fee of one quarter 0.125 percent per annum (.250.125%) on the aggregate amount available to be drawn on each outstanding Standby Letter of Credit, such fee to be due and payable quarterly in arrears with respect to each Standby Letter of Credit on the dates established in Section 4.6(b4.7(d) for the payment of Letter of Credit facility feesfees with respect to such Standby Letter of Credit. The Borrower shall also pay to the each Applicable Issuing Bank such administrative fee and other fees, if any, in connection with the Letters of Credit in such amounts and at such times as the Applicable Issuing Bank and the Borrower shall agree from time to time.

Letter of Credit Fronting and Administrative Fees. The Borrower shall pay to the Issuing Bank a fronting fee of one quarter one-eighth percent (.125%) per annum (.25%) on the aggregate amount available to be drawn on each outstanding Letter of Credit, such fee to be due and payable quarterly in arrears with respect to each Letter of Credit on the dates established in Section 4.6(b) for the payment of Letter of Credit facility feesfees with respect to such Letter of Credit. The Borrower shall also pay to the Issuing Bank such administrative fee and other fees, if any, in connection with the Letters of Credit in such amounts and at such times as the Issuing Bank and the Borrower shall agree from time to time.

Letter of Credit Fronting and Administrative Fees. The Borrower Borrowers shall pay to the Issuing Bank a fronting fee of one quarter one-eighth percent per annum (.251/8%) on the aggregate amount available to be drawn on each outstanding Letter of Credit, such fee to be due and payable quarterly in arrears with respect to each Letter of Credit on the dates established in Section 4.6(b4.6(c) for the payment of Letter of Credit facility feesfees with respect to such Letter of Credit. The Borrower Borrowers shall also pay to the Issuing Bank such administrative fee and other fees, if any, in connection with the Letters of Credit in such amounts and at such times as the Issuing Bank and the Borrower Borrowers shall agree from time to time.

Letter of Credit Fronting and Administrative Fees. The Borrower Borrowers shall pay to the Issuing Bank a fronting fee of one quarter one-eighth percent per annum (.251/8%) on the aggregate amount available to be drawn on each outstanding Letter of Credit (other than the Existing Letters of Credit), such fee to be due and payable quarterly in arrears with respect to each Letter of Credit on the dates established in Section SECTION 4.6(b) for the payment of Letter of Credit facility feesfees with respect to such Letter of Credit. The Borrower Borrowers shall also pay to the Issuing Bank such administrative fee and other fees, if any, in connection with the Letters of Credit in such amounts and at such times as the Issuing Bank and the Borrower Borrowers shall agree from time to time.

Letter of Credit Fronting and Administrative Fees. The From and after the date on which there is more than one Lender, the Borrower shall pay to the Issuing Bank a fronting fee of one-eighth of one quarter percent per annum (.25.125%) on the aggregate amount available to be drawn on each outstanding Letter of Credit, such fee to be due and payable quarterly in arrears with respect to each Letter of Credit on the dates established in Section 4.6(b) for the payment of Letter of Credit facility feesfees with respect to such Letter of Credit. The Borrower shall also pay to the Issuing Bank such administrative fee and other fees, if any, in connection with the Letters of Credit in such amounts and at such times as the Issuing Bank and the Borrower shall agree from time to time.

Letter of Credit Fronting and Administrative Fees. The From and after the date on which there is more than one Lender, the Borrower shall pay to the Issuing Bank a fronting fee of one-eighth of one quarter percent per annum (.250.125%) on the aggregate amount available to be drawn on each outstanding Letter of Credit, such fee to be due and payable quarterly in arrears with respect to each Letter of Credit on the dates established in Section SECTION 4.6(b) for the payment of Letter of Credit facility feesfees with respect to such Letter of Credit. The Borrower shall also pay to the Issuing Bank such administrative fee and other fees, if any, in connection with the Letters of Credit in such amounts and at such times as the Issuing Bank and the Borrower shall agree from time to time.

Letter of Credit Fronting and Administrative Fees. The Borrower shall pay to the Issuing Bank a fronting fee of one quarter one-eighth percent per annum (.25.125%) on the aggregate stated amount available to be drawn on of each outstanding Letter of CreditCredit calculated for the stated term, such fee to be due and payable quarterly in arrears with respect full at or prior to each the time of issuance of such Letter of Credit. Any renewal or continuation of a Letter of Credit on the dates established in Section 4.6(b) for the payment beyond its current stated term shall be deemed to be a new issuance of such Letter of Credit facility feessubject to payment of a fronting fee as herein calculated. The Borrower shall also pay to the Issuing Bank such administrative fee and other fees, if any, in connection with the Letters of Credit in such amounts and at such times as the Issuing Bank and the Borrower shall agree from time to time.