Common use of Fees and Other Charges Clause in Contracts

Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of Credit, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the face amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit.

Appears in 8 contracts

Samples: Credit Agreement (INC Research Holdings, Inc.), Credit Agreement (INC Research Holdings, Inc.), Credit Agreement (INC Research Holdings, Inc.)

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Fees and Other Charges. (a) The Borrower will pay a fee on the face amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on less the face amount of such Letter of Creditfronting fee set forth in the succeeding sentence, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee on the undrawn and unexpired amount of each Letter of Credit computed at the rate of 0.25% per annum on the face amount of each Letter of Credit, and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of CreditDate.

Appears in 3 contracts

Samples: Credit Agreement (Carbuyco, LLC), Credit Agreement (Adesa California, LLC), Credit Agreement (Auto Disposal of Memphis, Inc.)

Fees and Other Charges. (a) The Borrower Borrowers will jointly and severally pay a fee on the Dollar Equivalent of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the applicable Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.

Appears in 3 contracts

Samples: Credit Agreement (Ultra Clean Holdings, Inc.), Amendment Agreement (Ultra Clean Holdings, Inc.), Credit Agreement (Ultra Clean Holdings, Inc.)

Fees and Other Charges. (a) The Borrower will pay a fee on the face amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall agrees to pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the face undrawn and unexpired amount of each Letter of CreditCredit as agreed by the Borrower and the Issuing Lender, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.

Appears in 3 contracts

Samples: Credit Agreement (Henry Schein Inc), Credit Agreement (Henry Schein Inc), Credit Agreement (Henry Schein Inc)

Fees and Other Charges. (a) The Borrower will pay a fee on all each outstanding Letters Letter of Credit Credit, at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of Credit, which fees shall be shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the each Issuing Lender for its own account a fronting fee of 0.25equal to 0.125% per annum on the aggregate face amount of all outstanding Letters of Credit issued by it to such Borrower (but in no event less than $500 per annum for each such Letter of Credit), payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Affinity Gaming), Credit Agreement (Affinity Gaming)

Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of Credit, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Microsemi Corp), Credit Agreement (Microsemi Corp)

Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the applicable issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the face undrawn and unexpired amount of each Letter of CreditCredit as agreed by the Borrower and the Issuing Lender, payable quarterly in arrears on each L/C Fee Payment Date after the applicable issuance date of such Letter of Creditdate.

Appears in 2 contracts

Samples: Credit Agreement (Innophos, Inc.), Credit Agreement (Innophos Investment Holdings, Inc.)

Fees and Other Charges. (ai) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin Rate then in effect with respect to Eurodollar Eurocurrency Loans under the Revolving Facility on the face amount of each such Letter of Credit, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the each Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.

Appears in 2 contracts

Samples: Credit Agreement (NICE Ltd.), Credit Agreement (NICE Ltd.)

Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% in an amount per annum separately agreed with the Issuing Lender on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Tenneco Automotive Inc)

Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of Credit, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Lantheus Holdings, Inc.)

Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and Lenders. Such fees shall be payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% in an amount per annum separately agreed with the Issuing Lender on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.

Appears in 1 contract

Samples: Credit Agreement (Tenneco Inc)

Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such any Letter of CreditCredit is issued. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the face undrawn and unexpired amount of each Letter of CreditCredit equal to 0.30% per annum, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such any Letter of CreditCredit is issued.

Appears in 1 contract

Samples: Credit Agreement (Carmike Cinemas Inc)

Fees and Other Charges. (a) The Borrower Borrowers will jointly and severally pay a fee on the Dollar Equivalent of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar EurodollarTerm Benchmark Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the applicable Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.

Appears in 1 contract

Samples: Credit Agreement (Ultra Clean Holdings, Inc.)

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Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar SOFR Loans under the Revolving Facility on the face amount of such Letter of Credit, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Lantheus Holdings, Inc.)

Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Intersil Corp/De)

Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of Credit, shared 50 ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Microsemi Corp)

Fees and Other Charges. (a) The Borrower will pay a fee on all ----------------------------- outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditLoans, shared ratably among the Lenders according to their respective Revolving Lenders Commitments and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.250.125% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of CreditIssuance Date.

Appears in 1 contract

Samples: Credit Agreement (Agl Resources Inc)

Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to (i) the Applicable Margin then in effect with respect to Eurodollar Loans under minus 1/8% times (ii) the Revolving Facility on the average daily undrawn face amount of all such Letter Letters of Credit, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the relevant Issuing Lender for its own account a fronting fee of 0.25% per annum on the face amount of each Letter of Creditat a rate to be agreed with such Issuing Lender, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of CreditIssuance Date.

Appears in 1 contract

Samples: Credit Agreement (Selfix Inc /De/)

Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such any Letter of CreditCredit is issued. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the face undrawn and unexpired amount of each Letter of CreditCredit equal to 0.30% per annum, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such any Letter of CreditCredit is issued.

Appears in 1 contract

Samples: Credit Agreement (Carmike Cinemas Inc)

Fees and Other Charges. (a) The Borrower will pay a fee on ---------------------------- all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility on the face amount of such Letter of CreditFacility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the face undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Creditdate.

Appears in 1 contract

Samples: Credit Agreement (Time Warner Telecom Inc)

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