Common use of Participating Lender Fees Clause in Contracts

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. 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 Revolver Pro Rata Share 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 COMMISSIONCommission"), payable in arrears on and to the last Business Day of each fiscal quarter, 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 Facing Agent or Agent of any amount described in clause (i)(A) or (ii) of this SECTION Section 2.9(e), Facing Agent or Agent shall distribute to each Lender that has reimbursed Facing Agent in accordance with SECTION Section 2.9(d) its Commitment Percentage Revolver Pro Rata Share of such amount. Amounts payable under clause (i)(B) and (C) of this SECTION Section 2.9(e) shall be paid directly to 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 then Applicable Eurodollar Rate Eurocurrency Margin per annum with respect to the daily maximum Stated Amount under such outstanding Letters of Credit (the "LC COMMISSIONCommission"), 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(eSection 2.9(g), Facing Agent or Agent shall distribute to each Lender that has reimbursed Facing Agent in accordance with SECTION Section 2.9(d) its Commitment Percentage of such amount. Amounts payable under clause (i)(B) and (C) of this SECTION Section 2.9(e) shall be paid directly to Facing Agent.

Participating Lender Fees. Borrower agrees to pay to Agent for distribution to each participating Revolving Lender in respect of all Letters of Credit outstanding such Revolving Lender's ’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"Commission”), payable in arrears on and to the last Business Day of each fiscal quarterQuarterly Payment Date, 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 Section 2.9(e), Facing Agent or Agent shall distribute to each Revolving Lender that has reimbursed Facing Agent in accordance with SECTION Section 2.9(d) its Commitment Percentage of such amount. Amounts payable under clause clauses (i)(Bi)(A), (B) and (C) of this SECTION Section 2.9(e) shall be paid directly to Facing Agent.