LC Commission definition

LC Commission has the meaning assigned to that term in Section 2.10(g)(ii).
LC Commission is defined in Section 2.9(e)(ii).
LC Commission has the meaning assigned to that term in SECTION 2.9(e)(ii).

Examples of LC Commission in a sentence

  • The LC Commission under each Revolving Facility shall be computed on a daily basis from the first day of issuance of each Letter of Credit under such Revolving Facility and on the basis of the actual number of days elapsed over a year of 360 days.

  • Following the effectiveness of the ESG Amendment, any modification to the ESG Pricing Provisions which does not have the effect of reducing or increasing the Multicurrency Revolving Commitment Fee, USD Revolving Commitment Fee, LC Commission, Applicable Adjusted Term SOFR Margin, Applicable Base Rate Margin, Applicable Eurocurrency Margin or Applicable RFR Margin to a level not otherwise permitted by this paragraph shall be subject only to the consent of the Required Lenders.


More Definitions of LC Commission

LC Commission has the meaning assigned to that term in Section 2.8(g)(ii). ------------- ------------------
LC Commission has the meaning specified in Section 2.16(e)(ii).
LC Commission has the meaning assigned to that term in Section 2.3(f)(ii).
LC Commission shall have the meaning set forth in Section 5(III)(e), herein.
LC Commission means, for any Letter of Credit on its date of issuance and on each date, if any, on which its expiry date is extended, the product of (a) the LC Premium, multiplied by (b) the face amount of such Letter of Credit, multiplied by (c) the actual number of days until such Letter of Credit's expiry date (or, in the case of an extension, the actual number of days from but excluding the initial expiry date to and including the extended expiry date), divided by 360 days.
LC Commission means, with respect to any Letter of Credit, an amount equal to the fee payable in connection with the issuance or extension of such Letter of Credit.
LC Commission shall have the meaning assigned to such term in Section 2.05(c).