Letter of Credit Fronting Fee. Borrower shall pay to Letter of Credit Issuer a non-refundable, one-time Fronting Fee equal to .125% of the face amount of each Letter of Credit issued by Letter of Credit Issuer. The Fronting Fee due for any Letter of Credit shall be payable in advance, commencing on the issuance date of such Letter of Credit.
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Samples: Credit Facilities Agreement (MTM Technologies, Inc.), Credit Facilities Agreement (Pomeroy It Solutions Inc)
Letter of Credit Fronting Fee. If at any time there is more than one Lender under the Facility, Borrower shall pay to Letter of Credit Issuer a non-refundablenonrefundable, one-time Fronting Fee equal to .125% per annum of the face amount of each Letter of Credit issued by Letter of Credit Issuer. The Fronting Fee due for any Letter of Credit shall be payable in advance, commencing on the issuance date of such Letter of Credit.
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Samples: Credit Agreement (Integrity Inc)
Letter of Credit Fronting Fee. Borrower shall pay to Letter of Credit Issuer a non-refundable, one-time Fronting Fee equal to the greater of (i) .125% of the face undrawn Dollar Equivalent of the amount of each Letter of Credit issued by Letter of Credit Issuer. The Fronting Fee due for any Letter , and (ii) $300, as of Credit shall be payable in advance, commencing on the its issuance date of such Letter of Creditdate.
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Letter of Credit Fronting Fee. Borrower shall pay to Letter of Credit Issuer (for its own account) a non-refundable, one-time Fronting Fee equal to .1250.125% of the face amount of each Letter of Credit issued by Letter of Credit Issuer. The Fronting Fee due for any Letter of Credit shall be payable in advance, commencing on the issuance date of such Letter of Credit. The fronting fee shall be due and payable only if there are two or more Lenders.
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