Letter of Credit Fees definition

Letter of Credit Fees shall have the meaning set forth in Section 3.2.
Letter of Credit Fees means the fees payable in connection with Letters of Credit pursuant to Section 3.4(a) and (b) hereof.

Examples of Letter of Credit Fees in a sentence

  • That Defaulting Lender (x) shall not be entitled to receive any Commitment Fee pursuant to Section 2.13 for any period during which that Lender is a Defaulting Lender (and the Company shall not be required to pay any such fee that otherwise would have been required to have been paid to that Defaulting Lender) and (y) shall be limited in its right to receive Letter of Credit Fees as provided in Section 2.13(b).

  • Letter of Credit Fees shall be (i) due and payable quarterly in arrears on the first Business Day following the last day of each March, June, September and December, commencing with the first such date to occur after the issuance of such Letter of Credit, on the Termination Date, on the Letter of Credit Expiration Date (or, if earlier, the latest expiry date of any Letter of Credit issued hereunder) and thereafter on demand and (ii) computed on a quarterly basis in arrears.

  • The first payment of interest and Letter of Credit Fees received by the Administrative Agent after such Funding Date shall be paid to the Lenders in amounts adjusted as necessary to reflect any adjustments of their respective Percentages as of the Funding Date.


More Definitions of Letter of Credit Fees

Letter of Credit Fees means as defined in Section 2.10(b)(i).
Letter of Credit Fees has the meaning set forth in Section 5.3(a).
Letter of Credit Fees has the meaning specified therefor in Section 2.06(c).
Letter of Credit Fees means the fees payable to Agent for the accounts of the Banks in connection with Letters of Credit pursuant to Section 3.4 hereof.
Letter of Credit Fees has the meaning assigned to such term in Section 2.12.
Letter of Credit Fees means, collectively or individually as the context may indicate, the fees with respect to Letters of Credit described in Section 2.09(b).
Letter of Credit Fees means fees payable pursuant to Section 2.7(b)(i).