LC Fee Percentage definition

LC Fee Percentage as defined in the definition of the term “Applicable Margin”.
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LC Fee Percentage has the meaning set forth in the Pricing Schedule.
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LC Fee Percentage means a percentage rate per annum equal to 1.50%.
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More Definitions of LC Fee Percentage

LC Fee Percentage has the meaning set forth in the Pricing Schedule. “LC Issuer” means U.S. Bank (or any subsidiary or affiliate of U.S. Bank designated by U.S. Bank) in its capacity as issuer of Letters of Credit hereunder. “LC Obligations” means, as of any date of determination, the sum, without duplication, of (a) the aggregate undrawn stated amount under Letters of Credit outstanding at such time, plus (b) the aggregate unpaid amount at such time of all Reimbursement Obligations. “LCA Test Date” has the meaning set forth in Section 1.5. “Lender” has the meaning set forth in the introductory paragraph and includes, as the context requires, the LC Issuer and Swing Line Lender. “Lender Party” has the meaning set forth in Section 6.20(a). “Lender-Provided Swap” means a Swap which is provided to the Company or any Subsidiary by the Agent, the LC Issuer, any other Lender or any Affiliate thereof (at the time such Swap is entered into). “Lending Installation” means, with respect to a Lender or the Agent, the office, branch, subsidiary or affiliate of such Lender or the Agent listed on the signature pages hereof (in the case of the Agent) or on its Questionnaire (in the case of a Lender) or otherwise selected by such Lender or the Agent pursuant to Section 6.3.2. 25
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LC Fee Percentage means 0.75%; provided, however, that solely during the Increased Commitment Period, the LC Percentage Fee shall be 1.25%.
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LC Fee Percentage means, (a) as of any date of determination on or prior to January 31, 2011, two percent (2.00%) and (b) on any date of determination on or after February 1, 2011, the “LC Fee Percentage” applicable for such date as shown in the Pricing Matrix.
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LC Fee Percentage has the meaning set forth in the Pricing Schedule. “LC Issuer” means U.S. Bank (or any subsidiary or affiliate of U.S. Bank designated by U.S. Bank) in its capacity as issuer of Letters of Credit hereunder. “LC Obligations” means, as of any date of determination, the sum, without duplication, of (a) the aggregate undrawn stated amount under Letters of Credit outstanding at such time, plus (b) the aggregate unpaid amount at such time of all Reimbursement Obligations. “LCA Test Date” has the meaning set forth in Section 1.5. “Lender” has the meaning set forth in the introductory paragraph and includes, as the context requires, the LC Issuer and Swing Line Lender. “Lender Party” has the meaning set forth in Section 6.20(a). “Lender-Provided Swap” means a Swap which is provided to the Company or any Subsidiary by the Agent, the LC Issuer, any other Lender or any Affiliate thereof (at the time such Swap is entered into). “Lending Installation” means, with respect to a Lender or the Agent, the office, branch, subsidiary or affiliate of such Lender or the Agent listed on the signature pages hereof (in the case of the Agent) or on its Questionnaire (in the case of a Lender) or otherwise selected by such Lender or the Agent pursuant to Section 6.3.2. “Letter of Credit” means any of the Existing Letters of Credit and any letter of credit issued pursuant to Article 5. “Letter of Credit Commitment” (which is a sublimit of the Revolving Loan Commitment) means an amount equal to $75,000,000. “Leverage Ratio” has the meaning set forth in Section 11.1.3. “Lien” means any mortgage, deed of trust, pledge, security interest, hypothecation, assignment, deposit arrangement, encumbrance, lien (statutory or other), or preference, priority, or other security agreement or preferential arrangement, charge, or encumbrance of any kind or nature whatsoever (including, without limitation, any conditional sale or other title retention 24 13483422v8
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LC Fee Percentage means on any date the applicable ----------------- percentage set forth below based upon the ratings applicable on such date to the Guarantor's senior, unsecured, non-credit-enhanced long-term indebtedness for borrowed money ("Index Debt"): Rating Catagory LC Fee Percentage -------------- ---------------- Category 1 0.300% ---------- A- or higher by S&P; A3 or higher by Moody's Category 2 0.350% ---------- BBB+ by S&P; Baal by Moody's Category 3 0.400% ---------- BBB by S&P; Baa2 by Moody's Category 4 0.450% ---------- BBB- by S&P; Baa3 by Moody's Category 5 0.625% ---------- BB+ by S&P; Bal by Moody's
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Related to LC Fee Percentage

  • Facility Fee Percentage means, as of any date, the percentage set forth in the column headed “Facility Fee Percentage” in Section 2.3 that is in effect on such date.

  • Commitment Fee Percentage means 0.25% per annum.

  • Applicable L/C Fee Percentage means, as at any date of determination, a rate per annum equal to the Applicable Eurocurrency Margin for Eurocurrency Rate Loans in effect on such date.

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Applicable Fee Percentage means, as of any date of determination thereof, the applicable percentage used to calculate certain of the fees due and payable hereunder, determined by reference to the appropriate columns in the Pricing Matrix attached to this Agreement as Schedule 1.1.