Common use of LC Facility Fees Clause in Contracts

LC Facility Fees. Borrowers shall pay (a) to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Applicable Margin in effect for LIBOR Revolver Loans times the average daily undrawn amount of Letters of Credit, which fee shall be payable monthly in arrears, on the first day of each month; (b) to Issuing Bank, for its own account, a fronting fee equal to 0.250% per annum on the undrawn amount of each Letter of Credit, which fee shall be payable monthly in arrears, on the first day of each month; and (c) to Issuing Bank, for its own account, all customary charges associated with the issuance, amending, negotiating, payment, processing, transfer and administration of Letters of Credit, which may be charged to the Loan Account upon incurrence or which charges shall be paid upon 5 Business Days notice thereof. During an Event of Default, the fee payable under clause (a) shall be increased by 2% per annum..

LC Facility Fees. Borrowers shall pay (a) to Agent, for the Pro Rata benefit of Lenders, a fee equal to the per annum rate of the Applicable Margin in effect for LIBOR Revolver Loans times the average daily undrawn stated amount of Letters of Credit, which fee shall be payable monthly in arrears, on the first day of each month; (b) to Issuing Bank, for its own account, a fronting fee equal in the amount and at the times agreed to 0.250% per annum on the undrawn amount of each Letter of Creditby Borrowers and Issuing Bank, which fee shall be payable monthly in arrears, on the first day of each month; and (c) to Issuing Bank, for its own account, all customary charges associated with the issuance, amending, negotiating, payment, processing, transfer and administration of Letters of Credit, which may be charged to the Loan Account upon incurrence or which charges shall be paid upon 5 Business Days notice thereofas and when incurred. During an Event of Default, the fee payable under clause (a) shall be increased by 2% per annum...

LC Facility Fees. Borrowers shall pay (a) to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Applicable Margin in effect for LIBOR Revolver Loans times the average daily undrawn stated amount of Letters of Credit, which fee shall be payable monthly quarterly in arrears, on the first day last Business Day of each monthcalendar quarter; (b) to Issuing Bank, for its own account, a fronting fee equal to 0.2500.25% per annum on of the undrawn stated amount of each Letter of Credit, which fee shall be payable monthly in arrears, on the first day date of each monthissuance; and (c) to Issuing Bank, for its own account, all customary charges associated with the issuance, amending, negotiating, payment, processing, transfer and administration of Letters of Credit, which may be charged to the Loan Account upon incurrence or which charges shall be paid upon 5 Business Days notice thereofas and when incurred. During an Event At such time as the Obligations accrue interest at the Default Rate under Section 3.1.1(b), and without duplication of Defaultsuch increase, the fee payable under clause (a) shall be increased by 2% per annum...

LC Facility Fees. Borrowers Obligors shall pay (a) to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Applicable Margin in effect for LIBOR Revolver Loans times the average daily undrawn stated amount of Letters of Credit, which fee shall be payable monthly in arrears, on the first day of each month; (b) to Issuing BankAgent, for its own account, a fronting fee equal to 0.250% per annum as set forth in the Fee Letter on the undrawn stated amount of each Letter of Credit, which fee shall be payable monthly in arrears, on the first day of each month; and (c) to Issuing Bank, for its own account, all customary charges associated with the issuance, amending, negotiating, payment, processing, transfer and administration of Letters of Credit, which may be charged to the Loan Account upon incurrence or which charges shall be paid upon 5 Business Days notice thereofas and when incurred. During an Event of Default, the fee payable under clause (a) shall be increased by 2% per annum...

LC Facility Fees. Borrowers shall pay (a) to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Applicable Margin in effect for LIBOR Revolver Loans times the average daily undrawn amount of Letters of Credit, which fee shall be payable monthly in arrears, on the first day of each month; (b) to Issuing Bank, for its own account, a fronting fee equal to 0.250% per annum on the undrawn amount of each Letter of Credit, which fee shall be payable monthly in arrears, on the first day of each month; and (c) to Issuing Bank, for its own account, all customary charges associated with the issuance, amending, negotiating, payment, processing, transfer and administration of Letters of Credit, which may be charged to the Loan Account upon incurrence or which charges shall be paid upon 5 Business Days notice thereof. During an Event of Default, the fee payable under clause (a) shall be increased by 2% per annum...

LC Facility Fees. Borrowers shall pay (a) to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Applicable Margin in effect for LIBOR Revolver Loans times the average daily undrawn amount Stated Amount of Letters of Credit, which fee shall be payable monthly in arrears, on the first day of each calendar month; (b) to Issuing BankAgent, for its own account, a fronting fee equal to 0.2500.125% per annum on the undrawn amount Stated Amount of each Letter of Credit, which fee shall be payable monthly in arrears, on the first day of each calendar month; and (c) to Issuing Bank, for its own account, all customary charges associated with the issuance, amending, negotiating, payment, processing, transfer and administration of Letters of Credit, which may be charged to the Loan Account upon incurrence or which charges shall be paid upon 5 Business Days notice thereofas and when incurred. During an Event of Default, the fee payable under clause (a) shall be increased by 2% per annum...

LC Facility Fees. Borrowers shall pay (a) to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Applicable Margin in effect for LIBOR LIBORSOFR Revolver Loans times the average daily undrawn amount of Letters of Credit, which fee shall be payable monthly in arrears, on the first day of each month; (b) to Issuing Bank, for its own account, a fronting fee equal to 0.250% per annum on the undrawn amount of each Letter of Credit, which fee shall be payable monthly in arrears, on the first day of each month; and (c) to Issuing Bank, for its own account, all customary charges associated with the issuance, amending, negotiating, payment, processing, transfer and administration of Letters of Credit, which may be charged to the Loan Account upon incurrence or which charges shall be paid upon 5 Business Days DaysDays' notice thereof. During an Event of Default, the fee payable under clause (a) shall be increased by 2% per annum.....

LC Facility Fees. Borrowers shall pay (a) to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Applicable Margin in effect for LIBOR Revolver Loans times the average daily undrawn amount Stated Amount of Letters of Credit, which fee shall be payable monthly in arrears, on the first day of each month; (b) to Agent, for Issuing Bank, for its ’s own account, a fronting fee equal to 0.2500.125% per annum on the undrawn amount Stated Amount of each Letter of Credit, which fee shall be payable monthly in arrears, on the first day of each month; and (c) to Issuing Bank, for its own account, all customary charges associated with the issuance, amending, negotiating, payment, processing, transfer and administration of Letters of Credit, which may be charged to the Loan Account upon incurrence or which charges shall be paid upon 5 Business Days notice thereofas and when incurred. During an Event of Default, the fee payable under clause (a) shall be increased by 2% per annum...

LC Facility Fees. Borrowers shall pay (a) to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Applicable Margin in effect for LIBOR Revolver Loans times the average daily undrawn amount Stated Amount of Letters of Credit, which fee shall be payable monthly in arrears, on the first day of each month; (b) to Agent, for Issuing Bank, for its 's own account, a fronting fee equal to 0.2500.125% per annum on the undrawn amount Stated Amount of each Letter of Credit, which fee shall be payable monthly in arrears, on the first day of each month; and (c) to Issuing Bank, for its own account, all customary charges associated with the issuance, amending, negotiating, payment, processing, transfer and administration of Letters of Credit, which may be charged to the Loan Account upon incurrence or which charges shall be paid upon 5 Business Days notice thereofas and when incurred. During an Event of Default, the fee payable under clause (a) shall be increased by 2% per annum...

LC Facility Fees. Borrowers shall pay (a) to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Applicable Margin in effect for LIBOR SOFR Revolver Loans times the average daily undrawn amount of Letters of Credit, which fee shall be payable monthly in arrears, on the first day of each month; (b) to Issuing Bank, for its own account, a fronting fee equal to 0.250% per annum on the undrawn amount of each Letter of Credit, which fee shall be payable monthly in arrears, on the first day of each month; and (c) to Issuing Bank, for its own account, all customary charges associated with the issuance, amending, negotiating, payment, processing, transfer and administration of Letters of Credit, which may be charged to the Loan Account upon incurrence or which charges shall be paid upon 5 Business Days Days' notice thereof. During an Event of Default, the fee payable under clause (a) shall be increased by 2% per annum...