Common use of L/C Fees Clause in Contracts

L/C Fees. Borrower shall pay to Administrative Agent for the account of each Working Capital Lender in accordance with its Working Capital Percentage Share a fee (the “L/C Fee”) equal to the Applicable Rate multiplied by the actual daily amount available to be drawn under all Letters of Credit. For purposes of computing the actual daily amount available to be drawn under all Letters of Credit, the amount of each Letter of Credit shall be determined in accordance with Section 1.02(i). L/C Fees shall be: (i) computed on a quarterly basis in arrears and (ii) due and payable on the last Business Day of each March, June, September and December (in each case for the calendar quarter then ending), commencing with the first such date to occur after the issuance of such Letter of Credit, on the L/C Expiration Date and thereafter on demand. If there is any change in the Applicable Rate during any quarter, then the actual daily amount available to be drawn under all Letters of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, while any Event of Default exists, upon written notice to Borrower from Required Working Capital Lenders, all L/C Fees shall accrue at the Default Rate.

L/C Fees. Borrower shall pay to Administrative Agent for the account Lender a letter of each Working Capital Lender in accordance with its Working Capital Percentage Share a credit fee (the “L/C Fee”) for each Letter of Credit equal to the Applicable Rate multiplied by times the actual Dollar Equivalent of the daily amount available to be drawn under all Letters such Letter of Credit. For purposes of computing the actual daily amount available to be drawn under all Letters any Letter of Credit, the amount of each such Letter of Credit shall be determined in accordance with Section 1.02(i)1.06. L/C Fees shall be: be (i) computed on a quarterly basis in arrears and (ii) due and payable on the last first Business Day after the end of each March, June, September and December (in each case for the calendar quarter then ending)December, commencing with the first such date to occur after the issuance of such Letter of Credit, on the L/C Expiration Date and thereafter on demanddemand and (ii) computed on a quarterly basis in arrears. If there is any change in the Applicable Rate during any quarter, then the actual Dollar Equivalent of the daily amount available to be drawn under all Letters each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Lender, while any Event of Default exists, upon written notice to Borrower from Required Working Capital Lenders, all L/C Fees shall accrue at the Default Rate.

L/C Fees. (a) L/C Fees. Borrower shall pay to Administrative Agent for the account of each Working Capital Lender in accordance with its Working Capital Commitment Percentage Share (i) a fee (the “for each commercial L/C Fee”) equal to the Applicable Rate multiplied by 1/8 of 1% per annum times the actual daily maximum amount available to be drawn under all Letters of Credit. For purposes of computing each such L/C, and (ii) a fee for each standby L/C equal to the Applicable Margin for Revolver Loans that are LIBOR Loans times the actual daily maximum amount available to be drawn under all Letters of Credit, the amount of each Letter of Credit shall be determined in accordance with Section 1.02(i). such L/C. Such fee for each L/C Fees shall be: (i) computed on a quarterly basis in arrears and (ii) be due and payable quarterly in arrears on the last Business Day of each March, June, September and December (in each case for the calendar quarter then ending)Quarterly Date, commencing with the first such date to occur after the issuance of such Letter of CreditL/C, and on the expiration date of such L/C Expiration Date and thereafter on demand. C. If there is any change in the Applicable Rate Margin during any quarter, then the actual daily amount available to be drawn under all Letters of Credit each standby L/C shall be computed and multiplied by the Applicable Rate Margin separately for each period during such quarter that such Applicable Rate Margin was in effect. Notwithstanding anything to the contrary contained herein, upon the request of Required Lenders, while any Event of Default exists, upon written notice the fees set forth herein with respect to Borrower from Required Working Capital Lenders, all L/C Fees Cs shall accrue at the Default Rate.

L/C Fees. Borrower shall pay to Administrative Agent for the account of each Working Capital Lender in accordance with its Working Capital Applicable Percentage Share a L/C fee (the “L/C Fee”) for each Letter of Credit equal to the Applicable Rate multiplied by times the actual daily amount available to be drawn under all Letters such Letter of Credit. For purposes of computing the actual daily amount available to be drawn under all Letters any Letter of Credit, the amount of each such Letter of Credit shall be determined in accordance with Section 1.02(i)1.06. L/C Fees shall be: be (i) computed on a quarterly basis in arrears and (ii) due and payable on the last Business Day of each March, June, September and December (in each case for the calendar quarter then ending)December, commencing with the first such date to occur after the issuance of such Letter of Credit, on the L/C Expiration Date and thereafter on demand. If there is any change in the Applicable Rate during any quarter, then the actual daily amount available to be drawn under all Letters each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required Lenders, while any Event of Default exists, upon written notice to Borrower from Required Working Capital Lenders, all L/C Fees shall accrue at the Default Rate.

L/C Fees. Borrower shall pay to Administrative Agent for the account of each Working Capital Lender in accordance with its Working Capital Applicable Percentage Share a an L/C fee (the “L/C Fee”) for each Letter of Credit equal to the Applicable Rate multiplied by times the actual daily amount available to be drawn under all Letters such Letter of Credit. For purposes of computing the actual daily amount available to be drawn under all Letters any Letter of Credit, the amount of each such Letter of Credit shall be determined in accordance with Section 1.02(i)1.06. L/C Fees shall be: be (i) computed on a quarterly basis in arrears and (ii) due and payable on the last Business Day of each March, June, September and December (in each case for the calendar quarter then ending), Quarterly Payment Date commencing with the first such date to occur after the issuance of such Letter of Credit, and on the L/C Expiration Date and thereafter on demand. If there is any change in the Applicable Rate during any quarter, then the actual daily amount available to be drawn under all Letters each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required Lenders, while any Event of Default exists, upon written notice to Borrower from Required Working Capital Lenders, all L/C Fees shall accrue at the Default Rate.

L/C Fees. Borrower shall pay to Administrative Agent for the account of each Working Capital Lender in accordance with its Working Capital Applicable Percentage Share a fee L/C Fee (the “L/C Fee”) for each Letter of Credit equal to the Applicable Rate multiplied by times the actual daily maximum amount available to be drawn under all Letters such Letter of Credit. For purposes of computing the actual daily amount available to be drawn under all Letters any Letter of Credit, the amount of each such Letter of Credit shall be determined in accordance with Section 1.02(i1.01(m). L/C Fees shall be: be (i) computed on a quarterly basis in arrears and (ii) due and payable on the last first Business Day after the end of each March, June, September and December (in each case for the calendar quarter then ending)December, commencing with the first such date to occur after the issuance of such Letter of Credit, on the L/C Expiration Date and thereafter on demand. If there is any change in the Applicable Rate during any quarter, then the actual daily amount available to be drawn under all Letters each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of Required Lenders, while any Event of Default exists, upon written notice to Borrower from Required Working Capital Lenders, all L/C Fees shall accrue at the Default Rate.

L/C Fees. Borrower shall pay to Administrative Agent for the account of each Working Capital Lender in accordance with its Working Capital Applicable Percentage Share a L/C fee (the “"L/C Fee”") (i) for each commercial Letter of Credit equal to 1/8 of 1% per annum or such lesser amount as is agreed to by Agent, Lenders and Borrower times the Applicable Rate multiplied by the actual daily amount available to be drawn under all Letters such Letter of Credit , and (ii) for each standby Letter of Credit equal to the Applicable Rate times the daily amount available to be drawn under such Letter of Credit. For purposes of computing the actual daily amount available to be drawn under all Letters any Letter of Credit, the amount of each such Letter of Credit shall be determined in accordance with Section 1.02(i)1.06. L/C Fees shall be: be (i) computed on a quarterly basis in arrears and (ii) due and payable on the last first Business Day after the end of each March, June, September and December (in each case for the calendar quarter then ending)December, commencing with the first such date to occur after the issuance of such Letter of Credit, on the L/C Expiration Date and thereafter on demand. If there is any change in the Applicable Rate during any quarter, then the actual daily amount available to be drawn under all Letters each standby Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required Lenders, while any Event of Default exists, upon written notice to Borrower from Required Working Capital Lenders, all L/C Fees shall accrue at the Default Rate.

L/C Fees. Borrower shall pay to Administrative Agent for the account of each Working Capital Lender in accordance with its Working Capital Applicable Percentage Share a an L/C fee (the “L/C Fee”) equal to the Applicable Rate multiplied by times the actual daily amount available to be drawn under all Letters such Letter of Credit. For purposes of computing the actual daily amount available to be drawn under all Letters any Letter of Credit, the amount of each such Letter of Credit shall be determined in accordance with Section 1.02(i)0. L/C Fees shall be: be (i) computed on a quarterly basis in arrears and (ii) due and payable on the last first Business Day after the end of each MarchJanuary, JuneApril, September July and December (in each case for the calendar quarter then ending)October, commencing with the first such date to occur after the issuance of such Letter of Credit, on the L/C Expiration Date and thereafter on demanddemand and (ii) computed on a quarterly basis in arrears. If there is any change in the Applicable Rate during any quarter, then the actual daily amount available to be drawn under all Letters each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required Lenders, while any Event of Default exists, upon written notice to Borrower from Required Working Capital Lenders, all L/C Fees shall accrue at the Default Rate.

L/C Fees. Borrower shall pay to Administrative Agent for the account of the Lenders (to be paid by Agent to each Working Capital Lender (other than any Defaulting Lender) in accordance with its Working Capital Percentage Share a Applicable Percentage) an aggregate fee (the “L/C Fee”) equal to for the Applicable Rate multiplied by the actual daily amount available to be drawn under all Letters of Credit. For purposes of computing the actual daily amount available to be drawn under all Letters of Credit, the amount issuance of each Letter of Credit shall be in an amount per annum equal to the greater of the Applicable Rate times the maximum face amount of the Letter of Credit determined in accordance with Section 1.02(i)1.06 or $1,000. Such L/C Fees Fee shall be: (i) computed on a be payable prior to the issuance of each Letter of Credit and thereafter in quarterly basis in arrears and (ii) due and payable installments on the last first Business Day after the end of each March, June, September and December (in each case for the calendar quarter then ending)December, commencing with on the first such date to occur after the issuance of such Letter of Credit, on the L/C Expiration Date and thereafter on demand. If there is any change in the Applicable Rate during any quarter, then the actual daily amount available to be drawn under all Letters of Credit L/C Fee shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon request of the Required Lenders, while any Event of Default exists, upon written notice to Borrower from Required Working Capital Lenders, all L/C Fees shall accrue at the Default Rate.

L/C Fees. Borrower shall pay to Administrative Agent for the account of each Working Capital Lender in accordance with its Working Capital Applicable Percentage Share a L/C fee (the “L/C Fee”) for each standby Letter of Credit equal to the Applicable Rate multiplied by times the actual daily amount available to be drawn under all Letters such Letter of CreditCredit and for each commercial Letter of Credit equal to an amount calculated in accordance with Agent’s standard fee schedule as in effect from time to time. For purposes of computing the actual daily amount available to be drawn under all Letters any standby Letter of Credit, the amount of each such Letter of Credit shall be determined in accordance with Section 1.02(i)1.06. L/C Fees for standby Letters of Credit shall be: be (i) computed on a quarterly basis in arrears and (ii) due and payable on the date of issuance, on the last Business Day day of each March, June, September and December (in each case for the calendar quarter then ending), commencing with the first such date to occur after the issuance of occurring while such Letter of CreditCredit is outstanding, on the L/C Expiration Date and thereafter on demanddemand and (ii) computed in advance. L/C Fees on commercial Letters of Credit shall be due and payable on the date of issuance, increase, extension or amendment of a Letter of Credit and shall be fully earned and non-refundable when due. If there is any change in the Applicable Rate during any quarter, then the actual daily amount available to be drawn under all Letters each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required Lenders, while any Event of Default exists, upon written notice to Borrower from Required Working Capital Lenders, all L/C Fees shall accrue at the Default Rate.

L/C Fees. Borrower shall pay to Administrative Agent for the account of each Working Capital Lender in accordance with its Working Capital Applicable Percentage Share a an L/C fee (the “"L/C Fee”") for each Letter of Credit equal to the Applicable Rate multiplied by times the actual daily amount available to be drawn under all Letters such Letter of Credit. For purposes of computing the actual daily amount available to be drawn under all Letters any Letter of Credit, the amount of each such Letter of Credit shall be determined in accordance with Section 1.02(i)1.06. L/C Fees shall be: be (i) computed on a quarterly basis in arrears and (ii) due and payable on the last Business Day of each March, June, September and December (in each case for the calendar quarter then ending), Quarterly Payment Date commencing with the first such date to occur after the issuance of such Letter of Credit, and on the L/C Expiration Date and thereafter on demand. If there is any change in the Applicable Rate during any quarter, then the actual daily amount available to be drawn under all Letters each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required Lenders, while any Event of Default exists, upon written notice to Borrower from Required Working Capital Lenders, all L/C Fees shall accrue at the Default Rate.

L/C Fees. Borrower shall pay to Administrative Agent for the account of each Working Capital Lender in accordance with its Working Capital Applicable Percentage Share a an L/C fee (the “L/C Fee”) equal to the Applicable Rate multiplied by times the actual daily amount available to be drawn under all Letters such Letter of Credit. For purposes of computing the actual daily amount available to be drawn under all Letters any Letter of Credit, the amount of each such Letter of Credit shall be determined in accordance with Section 1.02(i1(f). L/C Fees shall be: be (i) computed on a quarterly basis in arrears and (ii) due and payable on the last first Business Day after the end of each MarchJanuary, JuneApril, September July and December (in each case for the calendar quarter then ending)October, commencing with the first such date to occur after the issuance of such Letter of Credit, on the L/C Expiration Date and thereafter on demanddemand and (ii) computed on a quarterly basis in arrears. If there is any change in the Applicable Rate during any quarter, then the actual daily amount available to be drawn under all Letters each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required Revolving Lenders, while any Event of Default exists, upon written notice to Borrower from Required Working Capital Lenders, all L/C Fees shall accrue at the Default Rate.

L/C Fees. Borrower shall pay to Administrative Agent for the account of each Working Capital Lender in accordance with its Working Capital Percentage Share Applicable Percentage, in Dollars, a L/C fee (the “L/C Fee”) for each Letter of Credit equal to the Applicable Rate multiplied by times the actual Dollar Equivalent of the daily amount available to be drawn under all Letters such Letter of Credit. For purposes of computing the actual daily amount available to be drawn under all Letters any Letter of Credit, the amount of each such Letter of Credit shall be determined in accordance with Section 1.02(i)1.06. L/C Fees shall be: be (ia) computed on a quarterly basis in arrears and (iib) due and payable on the last Business Day of each March, June, September and December (in each case for the calendar quarter then ending)December, commencing with the first such date to occur after the issuance of such Letter of Credit, on the L/C Expiration Date and thereafter on demand. If there is any change in the Applicable Rate during any quarter, then the actual daily amount available to be drawn under all Letters each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required Lenders, while any Event of Default exists, upon written notice to Borrower from Required Working Capital Lenders, all L/C Fees shall accrue at the Default Rate.