Common use of Fronting Fee Clause in Contracts

Fronting Fee. In addition to the foregoing commissions, the Borrower shall pay to the Administrative Agent, for the account of the Fronting Bank, a fronting fee with respect to each Fronted Letter of Credit as set forth in the Administrative Agent’s Fee Letter or as otherwise agreed to by the Fronting Bank and the Borrower. Such fronting fee shall be payable quarterly in arrears on the last Business Day of each calendar quarter commencing with the first such date to occur after the issuance of such Fronted Letter of Credit, on the Maturity Date and thereafter on demand of the Administrative Agent.

Fronting Fee. In addition to the foregoing commissionscommission, the U.S. Borrower shall pay to the Administrative Agent, for the account of the Fronting Bankeach Issuing Lender, a fronting fee with respect to each Fronted Letter of Credit issued by it as set forth in the Administrative Agent’s applicable Fee Letter or as otherwise separately agreed to by the Fronting Bank and the Borrowersuch Issuing Lender, as applicable. Such fronting fee shall be payable quarterly in arrears on the last Business Day of each calendar quarter commencing with the first such date to occur after the issuance of such Fronted Letter of Credit, on the Revolving Maturity Date and thereafter on demand of the Administrative Agent.

Fronting Fee. In addition to the foregoing commissionscommission, the Borrower shall pay to the Administrative Agent, for the account of the Fronting Bankeach Issuing Lender, a fronting fee with respect to each Fronted Letter of Credit issued by it as set forth in the Administrative Agent’s applicable Fee Letter or as otherwise separately agreed to by the Fronting Bank and the Borrowersuch Issuing Lender, as applicable. Such fronting fee shall be payable quarterly in arrears on the last Business Day of each calendar quarter commencing with the first such date to occur after the issuance of such Fronted Letter of Credit, on the Revolving Maturity Date and thereafter on demand of the Administrative Agent.

Fronting Fee. In addition to the foregoing commissionscommission, the U.S. Borrower shall pay to the Administrative Agent, for the account of the Fronting BankIssuing Lender, a fronting fee with respect to each Fronted Letter of Credit as set forth in the Administrative Agent’s applicable Fee Letter or as otherwise agreed to by the Fronting Bank and the BorrowerLetter. Such fronting fee shall be payable quarterly in arrears on the last Business Day of each calendar quarter commencing with the first such date to occur after the issuance of such Fronted Letter of Credit, on the Maturity Date and thereafter on demand of the Administrative Agent.

Fronting Fee. In addition to the foregoing commissionscommission, the Borrower shall pay to the Administrative Agent, for the account of the Fronting BankIssuing Lender, a fronting fee with respect to each Fronted Letter of Credit as set forth separately agreed by the Borrower and the Issuing Lender in the Administrative Agent’s letter agreement described in clause (a) of the definition of Fee Letter or as otherwise agreed to by the Fronting Bank and the BorrowerLetters. Such fronting issuance fee shall be payable quarterly in arrears on the last Business Day of each calendar quarter commencing with the first such date to occur after the issuance of such Fronted Letter of Credit, on the Revolving Credit Maturity Date and thereafter on demand of the Administrative Agent.