LC Fees definition

LC Fees has the meaning assigned to such term in Section 2.10(b).

LC Fees as defined in Section 2.04(b).

LC Fees means, collectively, Fronting Fees and Other LC Fees.

Examples of LC Fees in a sentence

• All computations of Commitment Fees, LC Fees and other Fees hereunder shall be made on the actual number of days elapsed over a year of 360 days.

• Notwithstanding anything to the contrary contained herein, upon the request of the Required Lenders, while any Event of Default exists, all L/C Fees shall accrue at the Default Rate.

• Each Defaulting Lender shall be entitled to receive LC Fees for any period during which that Lender is a Defaulting Lender only to the extent allocable to its Commitment Percentage of the LC Outstandings for which it has provided Cash Collateral pursuant to Section 2.22.

• L/C Fees shall be (A) due and payable on the first Business Day of each of April, July, October and January, in respect of the most recently-ended quarterly period (or portion thereof, in the case of the first payment), commencing with the first such date to occur after the issuance of such Letter of Credit, on the L/C Expiration Date and thereafter on demand and (B) computed on a quarterly basis in arrears.

• Notwithstanding the foregoing, each Defaulting Lender shall be entitled to receive L/C Fees for any period during which that Lender is a Defaulting Lender to the extent allocable to its Applicable Percentage of the stated amount of Letters of Credit for which it has provided Cash Collateral pursuant to Section 2.17.

More Definitions of LC Fees

LC Fees means, collectively, the LC Commitment Fees, LC Fronting Fee and the Letter of Credit Fees.

LC Fees has the meaning ascribed to such term in subsection 4.2.2.

LC Fees means any of the fees payable pursuant to Section 2.11(b) or Section 2.11(c) in respect of Letters of Credit.

LC Fees. As set forth in Section 2.11(c) and/or (e), as applicable, of the Credit Agreement (unless otherwise agreed to by the Assignor and the Assignee).

LC Fees has the meaning set forth in the RPA Fee Letter.

LC Fees has the meaning specified in Section 2.12(b)(ii) (Letter of Credit Fees).

LC Fees means the fees payable pursuant to Section 2.11(b).