Common use of Acceptance Fees Clause in Contracts

Acceptance Fees. Upon the acceptance of any Draft pursuant to this Agreement, the Borrower will pay to the Agent for the account of the relevant Lenders an acceptance fee in Canadian Dollars calculated on the Face Amount and the term of such Draft, in accordance with the Applicable Margin in effect on the date of acceptance. The acceptance fees payable by the Borrower shall be calculated on the Face Amount of the Bankers’ Acceptance and shall be calculated on the basis of the number of days in the term of such Bankers’ Acceptance.

Appears in 4 contracts

Samples: Credit Agreement (Pacificorp /Or/), Credit Agreement (Pacificorp /Or/), Assignment and Assumption (Midamerican Funding LLC)

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Acceptance Fees. Upon the acceptance of any Draft pursuant to this Agreement, the Borrower will pay to the Agent for the account of the relevant Lenders an acceptance fee in Canadian Dollars calculated on the Face Amount face amount and the term of such Draft, in accordance with the Applicable Margin in effect on the date of acceptance. The acceptance fees payable by the Borrower shall be calculated on the Face Amount face amount of the Bankers’ Acceptance and shall be calculated on the basis of the number of days in the term of such Bankers’ Acceptance.

Appears in 2 contracts

Samples: Credit Agreement (Midamerican Funding LLC), Credit Agreement (Pacificorp /Or/)

Acceptance Fees. Upon the acceptance of any Draft pursuant to this Agreement, the Borrower will pay to the Administrative Agent for the account of the relevant Lenders an acceptance fee in Canadian Dollars calculated on the Face Amount face amount and the term of such Draft, in accordance with the Applicable Margin in effect on the date of acceptance. The acceptance fees payable by the Borrower shall be calculated on the Face Amount face amount of the Bankers’ Acceptance or the principal amount of a Discount Note, and shall be calculated on the basis of the number of days in the term of such Bankers’ AcceptanceAcceptance or Discount Note, as the case may be.

Appears in 2 contracts

Samples: Credit Agreement (Midamerican Funding LLC), Credit Agreement (Midamerican Funding LLC)

Acceptance Fees. Upon the acceptance of any Draft pursuant to this Agreement, the Borrower will pay to the Agent for the account of the relevant Lenders an acceptance fee in Canadian Dollars calculated on the Face Amount face amount and the term of such Draft, in accordance with the Applicable Margin in effect on the date of acceptance. The acceptance fees payable by the Borrower shall be calculated on the Face Amount face amount of the Bankers’ Acceptance or the principal amount of a Discount Note, and shall be calculated on the basis of the number of days in the term of such Bankers’ AcceptanceAcceptance or Discount Note, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Pacificorp /Or/)

Acceptance Fees. Upon the acceptance of any Draft pursuant to this Agreement, the Borrower will pay to the Agent for the account of the relevant Lenders an acceptance fee in Canadian Dollars calculated on the Face Amount face amount and the term of such Draft, in accordance with the Applicable Margin in effect on the date of acceptance. The acceptance fees payable by the Borrower shall be calculated on the Face Amount face amount of the Bankers' Acceptance or the principal amount of a Discount Note, and shall be calculated on the basis of the number of days in the term of such Bankers’ Acceptance' Acceptance or Discount Note, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Berkshire Hathaway Energy Co)

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Acceptance Fees. Upon the acceptance of any Draft pursuant to this Agreement, the Borrower will pay to the Agent for the account of the relevant Lenders an acceptance fee in Canadian Dollars calculated on the Face Amount face amount and the term of such Draft, in accordance with the Applicable Margin in effect on the date of acceptance. The acceptance fees payable by the Borrower shall be calculated on the Face Amount face amount of the Bankers' Acceptance and shall be calculated on the basis of the number of days in the term of such Bankers' Acceptance.

Appears in 1 contract

Samples: Credit Agreement (Berkshire Hathaway Energy Co)

Acceptance Fees. Upon the acceptance of any Draft pursuant to this Agreement, the Borrower will pay to the Agent for the account of the relevant Lenders an acceptance fee in Canadian Dollars calculated on the Face Amount and the term of such Draft, in accordance with the Applicable Margin in effect on the date of acceptance. The acceptance fees payable by the Borrower shall be LEGAL_1:22094689.5 -40- calculated on the Face Amount of the Bankers' Acceptance and shall be calculated on the basis of the number of days in the term of such Bankers' Acceptance.

Appears in 1 contract

Samples: Credit Agreement (Berkshire Hathaway Energy Co)

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