Common use of LC Fees Clause in Contracts

LC Fees. The Borrower shall pay to the Agent, for the account of the Lenders ratably in accordance with their respective Pro Rata Shares, a per annum letter of credit fee equal to the Applicable LC Fee Rate multiplied by the average daily undrawn stated amounts under the Facility LCs, such fee to be payable in arrears quarterly on the last Business Day of each March, June, September and December, and on the Termination Date (each such fee described in this sentence an “LC Fee”). The Borrower shall also pay to the applicable LC Issuer for its own account (x) a fronting fee in an amount and payable at such times as is agreed upon between such LC Issuer and the Borrower, and (y) documentary and processing charges in connection with the issuance or Modification of and draws under Facility LCs in accordance with such LC Issuer’s standard schedule for such charges as in effect from time to time.

LC Fees. The Borrower shall pay to the Agent, for the account of the Lenders ratably in accordance with their respective Pro Rata Shares, with respect to each Facility LC, a per annum letter of credit fee at a per annum rate equal to the Applicable LC Fee Rate multiplied by Margin for Eurodollar Loans in effect from time to time on the average daily undrawn stated amounts amount under the such Facility LCsLC, such fee ("LC Fee") to be payable in arrears quarterly on the last Business Day of each March, June, September and December, and on the Termination Date (each such fee described in this sentence an “LC Fee”)Payment Date. The Borrower shall also pay to the applicable LC Issuer for its own account (x) at the time of issuance of each Facility LC, a fronting fee in an amount and payable at such times as is to be agreed upon between such the LC Issuer and the Borrower, and (y) documentary and processing charges in connection with the issuance or Modification of and draws under Facility LCs in accordance with such the LC Issuer’s 's standard schedule for such charges as in effect from time to time.

LC Fees. The Borrower shall pay to the Agent, for the account of the Lenders ratably in accordance with their respective Pro Rata Shares, a per annum letter of credit fee equal to the Applicable LC Fee Rate multiplied by the average daily undrawn stated amounts amount under the such Facility LCsLC, such fee to be payable in arrears quarterly on the last Business Day day of each March, June, September and December, and on the Termination Date (each such fee described in this sentence an “"LC Fee”"). The Borrower shall also pay to the applicable LC Issuer for its own account (x) a fronting fee in an amount and payable at such times as is agreed upon between such LC Issuer and the Borrower, and (y) documentary and processing charges in connection with the issuance or Modification of and draws under Facility LCs in accordance with such LC Issuer’s 's standard schedule for such charges as in effect from time to time.

LC Fees. The Borrower shall pay to the Agent, for the account of the Lenders ratably in accordance with their respective Pro Rata Shares, a per annum letter of credit fee equal to the Applicable LC Fee Rate multiplied by the average daily undrawn stated amounts amount under the such Facility LCsLC, such fee to be payable in arrears quarterly on the last Business Day day of each March, June, September and December, and on the Commitment Termination Date (each such fee described in this sentence an “"LC Fee”"). The Borrower shall also pay to the applicable LC Issuer for its own account (x) a fronting fee in an amount and payable at such times as is agreed upon between such the LC Issuer and the Borrower, and (y) documentary and processing charges in connection with the issuance or Modification of and draws under Facility LCs in accordance with such the LC Issuer’s 's standard schedule for such charges as in effect from time to time.

LC Fees. The Borrower shall pay to the Agent, for the account of the Lenders ratably in accordance with their respective Pro Rata Shares, with respect to each Facility LC, a per annum letter of credit fee at a per annum rate equal to the Applicable LC Fee Rate multiplied by in effect from time to time on the average daily undrawn stated amounts amount under the such Facility LCsLC, such fee to be payable in arrears quarterly on the last Business Day of each March, June, September and December, and on the Termination Payment Date (each such fee described in this sentence an “LC Fee”). The Borrower shall also pay to the applicable LC Issuer for its own account (x) at the time of issuance of each Facility LC, a fronting fee in an amount and payable at such times as is to be agreed upon between such the LC Issuer and the Borrower, and (y) documentary and processing charges in connection with the issuance or Modification of and draws under Facility LCs in accordance with such the LC Issuer’s standard schedule for such charges as in effect from time to time.

LC Fees. The Borrower shall pay to the Agent, for the account of the Lenders ratably in accordance with their respective Pro Rata Shares, a per annum letter of credit fee at a per annum rate equal to the Applicable LC Fee Rate multiplied by Margin for Eurodollar Loans in effect from time to time on the average daily undrawn stated amounts amount under the such Facility LCsLC, such fee to be payable in arrears quarterly on the last Business Day of each March, June, September and December, and on the Termination Payment Date (each such fee described in this sentence an “"LC Fee”"). The Borrower shall also pay to the applicable LC Issuer for its own account (x) at the time of issuance of each Facility LC, a fronting fee in an amount and payable at such times as is to be agreed upon between such the LC Issuer and the Borrower, and (y) documentary and processing charges in connection with the issuance or Modification of and draws under Facility LCs in accordance with such the LC Issuer’s 's standard schedule for such charges as in effect from time to time.

LC Fees. The applicable Borrower shall pay to the Agent, for the account of the Lenders ratably in accordance with their respective Pro Rata Shares, with respect to each Facility LC, a per annum letter of credit fee at a per annum rate equal to the Applicable LC Fee Rate multiplied by in effect from time to time on the average daily undrawn stated amounts amount under the such Facility LCsLC, such fee to be payable in arrears quarterly on the last Business Day of each March, June, September and December, and on the Termination Payment Date (each such fee described in this sentence an “LC Fee”). The applicable Borrower shall also pay to the applicable LC Issuer for its own account (x) at the time of issuance of each Facility LC, a fronting fee in an amount and payable at such times as is to be agreed upon between such the LC Issuer and the such Borrower, and (y) documentary and processing charges in connection with the issuance or Modification of and draws under Facility LCs in accordance with such the LC Issuer’s standard schedule for such charges as in effect from time to time.