Letter of Credit Fee. Borrower shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e)) which shall accrue at a rate equal to 2% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 3 contracts
Samples: Loan and Security Agreement (Swank, Inc.), Loan and Security Agreement (Swank, Inc.), Loan and Security Agreement (Swank, Inc.)
Letter of Credit Fee. Borrower Borrowers shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(e)) which shall accrue at a rate equal to 2% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 3 contracts
Samples: Loan and Security Agreement (Old Evangeline Downs Capital Corp), Loan and Security Agreement (Peninsula Gaming Corp), Loan and Security Agreement (Metalico Inc)
Letter of Credit Fee. Borrower Borrowers shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(d)) which shall accrue at a rate equal to 22.00% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 2 contracts
Samples: Credit Agreement (Cryolife Inc), Credit Agreement (Cryolife Inc)
Letter of Credit Fee. Borrower shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(e)) which shall accrue at a rate equal to 22.00% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 2 contracts
Samples: Loan and Security Agreement (RMH Teleservices Inc), Loan and Security Agreement (Intervoice Brite Inc)
Letter of Credit Fee. Borrower shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(e)) which shall accrue at a rate equal to 21.25% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 2 contracts
Samples: Loan and Security Agreement (Peninsula Gaming Co LLC), Loan and Security Agreement (Peninsula Gaming Corp)
Letter of Credit Fee. Borrower shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(e)) which shall accrue at a rate equal to 21.50% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 2 contracts
Samples: Loan and Security Agreement (Special Devices Inc /De), Loan and Security Agreement (Microstrategy Inc)
Letter of Credit Fee. Borrower shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(e)) which shall accrue at a rate equal to 22.75% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 2 contracts
Samples: Loan and Security Agreement (Overstock Com Inc), Loan and Security Agreement (Harvey Electronics Inc)
Letter of Credit Fee. Borrower shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(e)) which shall accrue at a rate equal to 2% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 2 contracts
Samples: Loan and Security Agreement (Majestic Investor Capital Corp), Loan and Security Agreement (Majestic Investor Capital Corp)
Letter of Credit Fee. Borrower Borrowers shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section SECTION 2.11(e)) which shall accrue at a rate equal to 22.50% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
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Letter of Credit Fee. Borrower Borrowers shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(d)) which shall accrue at a rate equal to 23.50% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
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Letter of Credit Fee. Borrower shall pay Lender a Letter of Credit fee (in addition to the usage charge set forth in Section 2.10(d) and any potential charges, commissions, fees, and costs set forth in contemplated by Section 2.11(e2.10(e)) which shall accrue at a rate equal to 24% per annum times the Daily Balance of the undrawn amount Letter of all outstanding Letters of CreditCredit Usage.
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Letter of Credit Fee. Borrower shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(eSECTION 2.11(d)) which shall accrue at a rate equal to 24.0% per annum times TIMES the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 1 contract
Samples: Loan and Security Agreement (Mortons Restaurant Group Inc)
Letter of Credit Fee. Borrower shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(e)) which shall accrue at a rate equal to 21.50% per annum times ---------------- the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 1 contract
Letter of Credit Fee. Borrower Borrowers shall pay Lender a Letter of Credit fee (the "Letter of Credit Fee") (which fee shall be in addition to the charges, fronting fees and commissions, other fees, charges and costs expenses set forth in Section 2.11(e2.11(j)) which that shall accrue at a per annum rate equal to 2% per annum the Applicable Margin times the Daily Balance times the average amount of the undrawn amount Letter of all outstanding Letters of CreditCredit Usage during the immediately preceding month (or portion thereof).
Appears in 1 contract
Letter of Credit Fee. Borrower shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(eSECTION 2.12(d)) which shall accrue at a rate equal to 24% per annum times TIMES the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 1 contract
Samples: Loan and Security Agreement (MRS Fields Holding Co Inc)
Letter of Credit Fee. Borrower Borrowers shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(e)) which shall accrue at a rate equal to 22.75% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 1 contract
Letter of Credit Fee. Borrower shall pay Lender Lender, a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(e)) which shall accrue at a rate equal to 21.75% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 1 contract
Samples: Loan and Security Agreement (Paradyne Networks Inc)
Letter of Credit Fee. Borrower shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(e)) which shall accrue at a rate equal to 2two and three-quarters of one percent (2.75% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 1 contract
Letter of Credit Fee. Borrower Borrowers shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(e)) which that shall accrue at a rate equal to 23% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 1 contract
Letter of Credit Fee. Borrower Borrowers shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.10(e)) which shall accrue at a rate equal to 2% three percent (3%) per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 1 contract
Letter of Credit Fee. Borrower Borrowers shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(e)) which shall accrue at a rate equal to 21.25% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 1 contract
Letter of Credit Fee. Borrower Borrowers shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(e)) which shall accrue at a rate equal to 23.5% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 1 contract
Letter of Credit Fee. Borrower shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(e)) which shall accrue at a rate equal to 23.50% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 1 contract
Samples: Loan and Security Agreement (Lazy Days R.V. Center, Inc.)
Letter of Credit Fee. Borrower Borrowers shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(d)) which shall accrue at a rate equal to 2% per annum the Applicable Rate times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 1 contract
Letter of Credit Fee. Borrower shall pay Lender a Letter of Credit an L/C fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(e)) which shall accrue at a rate equal to 2% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of CreditL/C's.
Appears in 1 contract
Letter of Credit Fee. Borrower Borrowers shall pay Lender a Letter of Credit fee (the "Letter of Credit Fee") (which fee shall be in addition to the charges, fronting fees and commissions, other fees, charges and costs expenses set forth in Section 2.11(e2.11(j)) which that shall accrue at a per annum rate equal to 2% per annum the Applicable Margin times the Daily Balance average amount of the undrawn amount Letter of all outstanding Letters of CreditCredit Usage during the immediately preceding month.
Appears in 1 contract
Samples: Credit Agreement (Northwest Pipe Co)
Letter of Credit Fee. Borrower shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(e)) which shall accrue at a rate equal to 21.75% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 1 contract
Letter of Credit Fee. Borrower Borrowers shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(e)) which shall accrue at a rate equal to 21.50% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 1 contract
Letter of Credit Fee. Borrower Borrowers shall pay Lender a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e2.12(e)) which shall accrue at a rate equal to 22.50% per annum times the Daily Balance of the undrawn amount of all outstanding Letters of Credit.
Appears in 1 contract
