Participating Lender Fees. The Borrower agrees to pay to the Administrative Agent for distribution to each participating Revolving Lender in respect of all Letters of Credit outstanding such Revolving Lender’s Pro Rata Share under the Revolving Facility of a commission equal to the then Applicable Eurocurrency Margin for Revolving Loans per annum with respect to the maximum Stated Amount under such outstanding Letters of Credit (the “LC Commission”), payable in Dollars in arrears on each Quarterly Payment Date, on the Revolver Termination Date and thereafter, on demand. The LC Commission shall be computed from the first day of issuance of each Letter of Credit and on the basis of the actual number of days elapsed over a year of 360 days. Promptly upon receipt by a Facing Agent or the Administrative Agent of any amount described in clause (i)(A) or (ii) of this Section 2.9(e), the applicable Facing Agent or the Administrative Agent shall distribute to each Revolving Lender its Pro Rata Share, as the case may be, of such amount as long as, in the case of amounts described in clause (i)(A), such Lender has reimbursed the applicable Facing Agent in accordance with Section 2.9(c). Amounts payable under clause (i)(B) and (C) of this Section 2.9(e) shall be paid directly to the applicable Facing Agent.
Participating Lender Fees. Each Borrower agrees to pay to Administrative Agent or the Canadian Administrative Agent, in the case of Canadian Borrower, for distribution to each participating Lender (A) in respect of all Multicurrency Letters of Credit issued for the account of such Borrower outstanding such Lender’s Multicurrency Revolver Pro Rata Share of a commission equal to the then Applicable Eurocurrency Margin for Multicurrency Revolving Loans with respect to the Effective Amount under such outstanding Letters of Credit (the “Multicurrency LC Commission”) payable in arrears on and through each Quarterly Payment Date, on the Revolver Termination Date for the Multicurrency Revolving Facility and thereafter, on demand and (B) in respect of all Canadian Letters of Credit issued for the account of such Borrower outstanding such Lender’s Canadian Revolver Pro Rata Share of a commission equal to the then Applicable B/A Margin for Canadian Revolving Loans with respect to the Effective Amount under such outstanding Letters of Credit (the “Canadian LC Commission”) payable in arrears on and through each Quarterly Payment Date, on the Canadian Revolver Termination Date and thereafter, on demand. Each of the Multicurrency LC Commission and the Canadian LC Commission shall be computed on a daily basis from the first day of issuance of each Letter of Credit and on the basis of the actual number of days elapsed over a year of 360 days. Promptly upon receipt by the respective Facing Agent or Administrative Agent or the Canadian Administrative Agent, in the case of Canadian Borrower, of any amount described in clause (i)(A) or (ii) of this Section 2.10(g), such Facing Agent or Administrative Agent or the Canadian Administrative Agent, in the case of Canadian Borrower, shall distribute to each Lender that has reimbursed such Facing Agent in accordance with Section 2.10(d) its Multicurrency Revolver Pro Rata Share or Canadian Revolver Pro Rata Share of such amount. Amounts payable under clause (i)(B) and (C) of this Section 2.10(g) shall be paid directly to such Facing Agent.
Participating Lender Fees. Borrower agrees to pay to Agent for distribution to each participating Lender in respect of all Letters of Credit outstanding such Lender's Commitment Percentage of a commission equal to the Applicable Eurodollar Rate Margin with respect to the daily Stated Amount under such outstanding Letters of Credit (the "LC COMMISSION"), payable in arrears on and to the last Business Day of each fiscal quarter, on the Termination Date and thereafter, on demand. The LC Commission shall be computed from the first day of issuance of each Letter of Credit and on the basis of the actual number of days elapsed over a year of 360 days. Promptly upon receipt by Facing Agent or Agent of any amount described in clause (i)(A) or (ii) of this SECTION 2.9(e), Facing Agent or Agent shall distribute to each Lender that has reimbursed Facing Agent in accordance with SECTION 2.9(d) its Commitment Percentage of such amount. Amounts payable under clause (i)(B) and (C) of this SECTION 2.9(e) shall be paid directly to Facing Agent.
Participating Lender Fees. Company agrees to pay to Administrative Agent for distribution to each participating Lender in respect of all Letters of Credit outstanding such Lender’s Multicurrency Revolver Pro Rata Share of a commission equal to the then Applicable Eurocurrency Margin for Multicurrency Revolving Loans with respect to the Effective Amount under such outstanding Letters of Credit (the “LC Commission”), payable in arrears on and through each Quarterly Payment Date, on the Multicurrency Revolver Termination Date and thereafter, on demand. The LC Commission shall be computed on a daily basis from the first day of issuance of each Letter of Credit and on the basis of the actual number of days elapsed over a year of 360 days. Promptly upon receipt by the respective Facing Agent or Administrative Agent of any amount described in clause (i)(A) or (ii) of this Section 2.10(g), such Facing Agent or Administrative Agent shall distribute to each Lender that has reimbursed such Facing Agent in accordance with Section 2.9(d) its Multicurrency Revolver Pro Rata Share of such amount, if any. Amounts payable under clause (i)(B) and (C) of this Section 2.10(g) shall be paid directly to such Facing Agent.
Participating Lender Fees. (A) Borrowers agree jointly and severally to pay to Agent for distribution to each participating Lender that is not a Defaulting Lender in respect of all Letters of Credit (other than Rollover Letters of Credit) outstanding such Lender's Revolver Pro Rata Share of a per annum commission equal to the Applicable Eurodollar Rate Margin for Revolving Loans with respect to the daily Stated Amount under such outstanding Letters of Credit (the "LC Commission"), payable in arrears on each Quarterly Payment Date, on the Revolver Termination Date and thereafter, on demand. The LC Commission shall be computed on a per annum basis from the first day of issuance of each Letter of Credit and on the basis of the actual number of days elapsed over a year of 360 days.
Participating Lender Fees. 2. Lenders approved by Virginia Housing to sell mortgage loans to Virginia Housing (“Virginia Housing Approved Lenders”) pay no Participation Fee. Participating Lender Responsibilities
Participating Lender Fees. Company agrees to pay in Dollars (or if the applicable Letter of Credit is in an Alternative Currency, then in such Alternative Currency or, at the option of Company, the Dollar Equivalent amount in
Participating Lender Fees. Company agrees to pay to Administrative Agent for distribution to each participating Lender in -------------------------- respect of all Letters of Credit outstanding such Lender's Revolver Pro Rata Share of a commission equal to the then Applicable Eurocurrency Margin for Revolving Loans with respect to the Effective Amount under such outstanding Letters of Credit (the "LC --- Commission"), payable in arrears on and through each Quarterly Payment Date, on the Revolver Termination Date and thereafter, on ---------- demand. The LC Commission shall be computed on a daily basis from the first day of issuance of each Letter of Credit and on the basis of the actual number of days elapsed over a year of 360 days. Promptly upon receipt by Facing Agent or Administrative Agent of any amount described in clause (i)(A) or (ii) of this Section 2.8(g), Facing Agent or Administrative Agent shall distribute to each Lender that has reimbursed Facing Agent in --------------- accordance with Section 2.8(d) its Revolver Pro Rata Share of such amount. Amounts payable under clause (i)(B) and (C) of this --------------- Section 2.8(g) shall be paid directly to Facing Agent. --------------
Participating Lender Fees. The Company agrees to pay to Agent for distribution to each participating Lender in respect of all Letters of Credit outstanding such Lender's Pro Rata Share of a commission equal to a per annum rate of interest which is equal to the Applicable Margin as in effect from time to time, with respect to the maximum Stated Amount under such outstanding Letters of Credit (the "LC Commission"), payable in arrears on and through, but not including, the last Business Day of each Fiscal Quarter, on the Termination Date and thereafter, on demand. The LC Commission shall be computed from the first day of issuance of each Letter of Credit and on the basis of the actual number of days elapsed over a year of 360 days. Promptly upon receipt by Facing Agent or Agent of any amount described in clause (i)(A) or (ii) of this Section 2.10(g), Facing Agent or Agent shall distribute to each Lender that has reimbursed Facing Agent in accordance with Section 2.10(f) its Pro Rata Share of such amount. Amounts payable under clause (i)(B) and (C) of this Section 2.10(g) shall be paid directly to Facing Agent.
Participating Lender Fees. Borrower agrees to pay to Administrative Agent for distribution to each LC Participant in respect of all Letters of Credit outstanding such Lender's Pro Rata Share of a commission equal to the Applicable Eurodollar Margin with respect to the maximum Stated Amount under such outstanding Letters of Credit (the "LC Commission"), payable in arrears on each Quarterly Payment Date, on the Revolver Termination Date and thereafter, on demand. The LC Commission shall be computed from the first day of issuance of each Letter of Credit and on the basis of the actual number of days elapsed over a year of 360 days.
