LC Fronting Fee definition
LC Fronting Fee has the meaning specified in Section 2.05(d).
LC Fronting Fee is defined in Section 2.17.4(a).
LC Fronting Fee has the meaning given in Section 3.3(e)(iii) of the Financing Agreement.
More Definitions of LC Fronting Fee
LC Fronting Fee as defined in Section 3.2. ---------------
LC Fronting Fee has the meaning ascribed to such term in Section 3.03(c) of this Agreement.
LC Fronting Fee shall have the meaning assigned to such term in Section 2.07(b). “LC Participation Fee” shall have the meaning assigned to such term in Section 2.07(b).
LC Fronting Fee has the meaning set forth in the Fee Letter. “LC Issuer” means PNC and its successors. “LC Loan” means any loan made by a Lender to the Borrower pursuant to Sections 1.1.2 and 2.8 of this Agreement. Each LC Loan shall either be a CP Rate Loan, an Alternate Base Rate Loan, a Daily Term SOFR Loan or a Term SOFR Loan, selected in accordance with the terms of this Agreement. “LC Obligations” means, at any time, the sum, without duplication, of (a) the aggregate Outstanding Face Amount at such time plus (b) the aggregate unpaid amount at such time of all LC Reimbursement Obligations. “LC Processing Fees” means any reasonable and customary issuance, presentation, amendment and other processing fees, and other standard costs and charges, of the LC Issuer relating to Letters of Credit as from time to time in effect. “LC Reimbursement Obligations” means, at any time, the aggregate of all obligations of Borrower then outstanding under Section 2.8(b) to reimburse the LC Issuer for amounts paid by the LC Issuer in respect of any one or more drawings under Letters of Credit. “LC Sublimit” means a portion of the Aggregate Commitment under this Agreement for the issuance or Modification of Letters of Credit not to exceed $150,000,000.00 at any one time outstanding. “LC Sublimit Percentage” means, as to each Committed Lender, the percentage that appears next to its name on Annex B hereto under an amount equal to its Ratable Share of the LC Sublimit. “Lender” means any of the persons identified as a “Lender” on the signature pages hereto, and shall include such Person’s respective successors and permitted assigns.
LC Fronting Fee means a fronting fee payable by the Borrower to the Issuing Bank in accordance with Section 2.12(b), at a rate or rates per annum separately agreed upon between the Borrower and the Issuing Bank.
LC Fronting Fee has the meaning set forth in the Fee Letter.
LC Fronting Fee shall have the meaning assigned to such term in Section 2.05(c).