Letter of Credit Issuance Fee. In consideration of the issuance of ----------------------------- Letters of Credit, the Borrower promises to pay to the Administrative Agent for the account of each Lender a fee (the "Letter of Credit Fee") on such -------------------- Lender's Revolving Commitment Percentage of the average daily maximum amount available to be drawn under each Letter of Credit computed at a per annum rate for each day from the date of issuance to the date of expiration equal to the Applicable Percentage. The Letter of Credit Fee shall be payable quarterly in arrears on the last day of each March, June, September and December for the immediately preceding quarter (or a portion thereof). If the last day of such month is not a Business Day, such fee shall be paid on the next succeeding Business Day.
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Samples: Credit Agreement (Ameripath Inc)
Letter of Credit Issuance Fee. In consideration of the issuance of ----------------------------- Letters of Credit, the Borrower promises to pay to the Administrative Agent for the account of each Lender a fee (the "“Letter of Credit Fee"”) on such -------------------- Lender's ’s Revolving Commitment Percentage of the average daily maximum amount available to be drawn under each such Letter of Credit computed at a per annum rate for each day from the date of issuance to the date of expiration equal to the Applicable Percentage. The Letter of Credit Fee shall be payable quarterly in arrears on the last day of each March, June, September and December for the immediately preceding quarter (or a portion thereof). If the last day of such month is not a Business Day, such fee shall be paid on the next succeeding Business Day.
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Letter of Credit Issuance Fee. In consideration of the ----------------------------- issuance of ----------------------------- Letters of CreditCredit hereunder, the Borrower promises to pay to the Administrative Agent for the account of each Lender a fee (the "Letter of Credit Fee") on such -------------------- Lender's Revolving Commitment -------------------- Percentage of the average daily maximum amount available to be drawn under each such Letter of Credit computed at a per annum rate for each day from the date of issuance to the date of expiration equal to the Applicable Percentage. The Letter of Credit Fee shall be payable quarterly in arrears on the last day Business Day of each March, June, September and December for the immediately preceding quarter (or a portion thereof). If the last day of such month is not a Business Day, such fee shall be paid on the next succeeding Business Day.
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Samples: Credit Agreement (Friedmans Inc)
Letter of Credit Issuance Fee. In consideration of the ----------------------------- issuance of ----------------------------- Letters of CreditCredit hereunder, the Borrower promises to pay to the Administrative Agent for the account of each Lender a fee (the "Letter of --------- Credit Fee") on such -------------------- Lender's Revolving Commitment Percentage of the average ---------- daily maximum amount available to be drawn under each such Letter of Credit computed at a per annum rate for each day from the date of issuance to the date of expiration equal to the Applicable Percentage. The Letter of Credit Fee shall will be payable quarterly in arrears on the last day Business Day of each March, June, September and December for the immediately preceding quarter (or a portion thereof). If the last day of such month is not a Business Day, such fee shall be paid on the next succeeding Business Day.
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