{"component": "definition", "props": {"groups": [{"snippet": "shall have the meaning assigned to such term in Section 2.05(c).", "samples": [{"hash": "hR3a4HJeBGg", "uri": "/contracts/hR3a4HJeBGg#l-c-participation-fee", "label": "Syndicated Facility Agreement (Civeo Corp)", "score": 37.3203277588, "published": true}, {"hash": "69jWm1FROLF", "uri": "/contracts/69jWm1FROLF#l-c-participation-fee", "label": "Second Amended and Restated Credit Agreement (NRG Energy, Inc.)", "score": 37.3203277588, "published": true}, {"hash": "3yjLRW5COke", "uri": "/contracts/3yjLRW5COke#l-c-participation-fee", "label": "Credit Agreement (Lindblad Expeditions Holdings, Inc.)", "score": 36.6358642578, "published": true}], "size": 675, "snippet_links": [], "hash": "50aacf707fb878ba2b5780030211b69a", "id": 1}, {"snippet": "is defined in Section 2.1(b) hereof.", "samples": [{"hash": "kqXGmItbv5V", "uri": "/contracts/kqXGmItbv5V#l-c-participation-fee", "label": "Credit Agreement (Necessity Retail REIT, Inc.)", 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{"snippet": "shall have the meaning assigned to such term in Section 2.06(c).", "samples": [{"hash": "3g18Hvqpy0R", "uri": "/contracts/3g18Hvqpy0R#l-c-participation-fee", "label": "Credit Facility Agreement (Xylem Inc.)", "score": 34.1635856628, "published": true}, {"hash": "2sVqd1QWHf9", "uri": "/contracts/2sVqd1QWHf9#l-c-participation-fee", "label": "Five Year Revolving Credit Facility Agreement (Xylem Inc.)", "score": 30.1718006134, "published": true}, {"hash": "iH6l8q9A2Ts", "uri": "/contracts/iH6l8q9A2Ts#l-c-participation-fee", "label": "Credit Facility Agreement (Xylem Inc.)", "score": 26.2429847717, "published": true}], "size": 11, "snippet_links": [], "hash": "a27eaf6499eb162488677fda9e25981f", "id": 5}, {"snippet": "shall have the meaning assigned to such term --------------------- in (S) 1.6(b).", "samples": [{"hash": "gWeol1PX0os", "uri": "/contracts/gWeol1PX0os#l-c-participation-fee", "label": "364 Day Revolving Credit Agreement (PPL Electric Utilities Corp)", "score": 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Unless the context otherwise requires each reference to a Lender shall include its applicable Lending Office. \u201cLetter of Credit\u201d shall mean any letter of credit issued hereunder, providing for the payment of cash upon the honoring of a presentation thereunder and including any Existing Letters of Credit. A Letter of Credit may be a commercial letter of credit or a standby letter of credit; provided, that no L/C Issuer shall be required to issue trade or commercial Letters of Credit without its prior written consent. Letters of Credit shall be issued in Dollars or in an Alternative Currency. \u201cLetter of Credit Application\u201d shall mean an application and agreement for the issuance or amendment of a Letter of Credit in the form from time to time in use by the L/C Issuer. \u201cLetter of Credit Commitment\u201d shall mean, with respect to each L/C Issuer, the commitment of such L/C Issuer to issue Letters of Credit pursuant to Section 2.05. The amount of each L/C Issuer\u2019s Letter of Credit Commit- ment is equal to the product of (i) the Letter of Credit Sublimit times (ii) a fraction, the numerator of which is such L/C Issuer\u2019s Revolving Facility Commitment and the denominator of which is the aggregate amount of Revolving Facility Commitments of all L/C Issuers. \u201cLetter of Credit Expiration Date\u201d shall mean the day that is five Business Days prior to the Latest Revolv- ing Facility Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day). \u201cLetter of Credit Sublimit\u201d shall mean an amount equal to the lesser of (a) $60,000,000 and (b) the aggre- gate amount of the Revolving Facility Commitments. The Letter of Credit Sublimit is part of, and not in addition to, the Revolving Facility. \u201cLien\u201d shall mean, with respect to any asset, (a) any mortgage, preferred mortgage, deed of trust, easement, right of way or other encumbrance on title to real property, lien, notice of claim of lien, hypothecation, pledge, charge, security interest or similar encumbrance in or on such asset and (b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention agreement (or any financing lease having substantially the same economic effect as any of the foregoing) relating to such asset; provided that in no event shall an operating lease or an agreement to sell be deemed to constitute a Lien. \u201cLimited Condition Transaction\u201d shall mean (a) any acquisition or similar Investment by one or more of Parent and its Subsidiaries permitted under this Agreement, in each case whose consummation is not conditioned on", "samples": [{"hash": 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"l-c-participation-fee", "examples": ["Notwithstanding the foregoing, in the case of any Letter of Credit that will expire later than the first anniversary of the issuance, amendment, renewal or extension thereof, the <strong>L/C Participation Fee</strong> and Issuing Bank Fees shall be increased by an amount to be agreed upon prior to such issuance, amendment, renewal or extension by the applicable Borrower, the applicable Issuing Bank and the Required Lenders.", "If at any time any principal of or interest on any Loan or any fee or other amount payable by the Loan Parties hereunder has not been paid when due, whether at stated maturity, upon acceleration or otherwise, the LC Participation Fee shall be increased to a per annum rate equal to 2% plus the otherwise applicable rate with respect thereto for so long as such overdue amounts have not been paid.", "Following the occurrence and during the continuance of an Event of Default, the LC Participation Fee shall be increased to a per annum rate equal to 2% plus the otherwise applicable rate with respect thereto.", "The Agent shall share with each Bank on a pro rata basis relative to its Commitment Percentage a portion of each payment of a Reimbursement Obligation (whether of principal or interest) and any <strong>L/C Participation Fee</strong> payable by the Company.", "The LC Participation Fee will be payable in arrears on the last Business Day of each Fiscal Quarter.", "During a Default, the LC Participation Fee shall be increased to a per annum rate equal to 2% plus the otherwise applicable rate with respect thereto.", "During the continuance of a Default, the LC Participation Fee shall be increased to a per annum rate equal to 2% plus the otherwise applicable rate with respect thereto.", "The Administrative Agent shall provide notice to the Borrowers and enter into an amendment of this Agreement to reflect the replacement index, adjusted margins and such other related amendments as may be appropriate, in the sole discretion of the Administrative Agent, for the implementation and administration of the replacement index-based rate; provided, however, any amendment that would have the effect of increasing the <strong>L/C Participation Fee</strong> shall require the consent of the Borrowers.", "Notwithstanding this paragraph (c), no <strong>L/C Participation Fee</strong> shall be due or payable to any Lender that is a Defaulting Lender on the due date for payment of such <strong>L/C Participation Fee</strong>.", "During the continuance of an Event of Default, the LC Participation Fee shall be increased to a per annum rate equal to 2% plus the otherwise applicable rate with respect thereto."], "related": [["participation-fee", "Participation Fee", "Participation Fee"], ["lc-participation-fee", "LC Participation Fee", "LC Participation Fee"], ["l-c-participation", "L/C Participation", "L/C Participation"], ["swingline-participation-amount", "Swingline Participation Amount", "Swingline Participation Amount"], ["swing-line-participation-amount", "Swing Line Participation Amount", "Swing Line Participation Amount"]], "related_snippets": [], "updated": "2026-07-04T05:45:54+00:00"}, "json": true, "cursor": ""}}