L/C Fee Rate definition
L/C Fee Rate means at any time with respect to any Letter of Credit issued hereunder, a percentage per annum equal to the Applicable Margin then in effect.
L/C Fee Rate means the rates set forth in Schedule 1 hereto beside the then applicable Level.
L/C Fee Rate means the Applicable Margin with respect to LIBOR Rate Loans.
Examples of L/C Fee Rate in a sentence
For purposes of determining the L/C Fee Rate, the Rating Level will be the Rating Level in effect on each applicable day of the quarter or term, as the case may be, with respect to any such Letter of Credit.
The L/C Fee Rate for each calendar quarter shall be determined as provided in Schedule I based on the Rating Level in effect on each applicable day of such quarter.
More Definitions of L/C Fee Rate
L/C Fee Rate see the definition of Applicable Margin.
L/C Fee Rate means a rate per annum determined in accordance with Schedule 1.1.
L/C Fee Rate with respect to each Letter of Credit at any date, the applicable percentage per annum set forth below based upon the Status on such date: Level I Level II Level III Level IV Level V 0.375% 0.425% 0.600% 0.800% 1.000%
L/C Fee Rate means 2.25%.
L/C Fee Rate means 2.50% per annum.
L/C Fee Rate means the percentage set forth in Schedule 1 hereto beside the then applicable Level.
L/C Fee Rate means 3.00% per annum.