L/C Fee Rate definition

L/C Fee Rate means the rates set forth in Schedule 1 hereto beside the then applicable Level.
L/C Fee Rate see the definition of Applicable Margin.

Examples of L/C Fee Rate in a sentence

  • 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.

  • The Borrower shall pay the Bank a letter of credit fee at a rate per annum equal to the LC Fee Rate on the average daily undrawn amount of each Letter of Credit.

  • The Borrower shall pay to the Administrative Agent, for the account of the Lenders ratably in proportion to their Commitment Percentages, a letter of credit fee for each day at the LC Fee Rate for such day on the aggregate amount available for drawing (whether or not conditions for drawing have been satisfied) under all Letters of Credit outstanding at the close of business on such day.

  • The Borrower shall pay to the Agent, for the account of the Lenders ratably in accordance with their respective Pro Rata Shares, a per annum letter of credit fee equal to the Applicable LC Fee Rate multiplied by the average daily undrawn stated amounts under the Facility LCs, such fee to be payable in arrears quarterly on the last Business Day of each March, June, September and December, and on the Termination Date (each such fee described in this sentence an “LC Fee”).

  • Sexual Orientation Data Collection and Progress Toward Healthy People 2010.


More Definitions of L/C Fee Rate

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 a rate per annum determined in accordance with Schedule 1.01.
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 2.25%.
L/C Fee Rate means 3.00% per annum.