Common use of Standby Fee Clause in Contracts

Standby Fee. The Borrower shall pay the Lender a standby fee in respect of the Credit Facility at the rate of 0.2% per annum (based on a year of 365 or 366 days, as the case may be) on the Available Commitment, expressed in Canadian Dollars and calculated on a daily basis and compounded and payable quarterly in arrears on the last Business Day of January, April, July and October in each year and on the Termination Date.

Standby Fee. The Borrower shall Borrowers will pay to the Lender Lenders a standby fee in respect of the Credit Facility Canadian Dollars calculated at the rate of 0.2% per annum (based set forth in the Additional Terms Agreement on the daily unadvanced portion of the Facility. The standby fee will be determined daily beginning on the Original Closing Date and will be calculated on the basis of a calendar year of 365 or 366 days, as the case may be) on , and will be payable by the Available Commitment, expressed in Canadian Dollars and calculated on a daily basis and compounded and payable Borrowers quarterly in arrears on the last Business Day of January, April, July and October in each year and on the Termination Interest Payment Date.

Standby Fee. The Borrower shall pay the Lender a standby fee in respect of the Credit Facility at the rate of 0.20.20% per annum (based on a year of 365 or 366 days, as the case may be) on the Available Commitment, expressed in Canadian Dollars and calculated on a daily basis and compounded and payable quarterly in arrears on the last Business Day of January, April, July and October in each year and on the Termination Date.

Standby Fee. The Borrower shall pay the Lender a standby fee in respect of the Credit Facility at the rate of 0.2% per annum (based on a year of 365 or 366 days, as the case may be) on the Available CommitmentCommitment for the period from and including February 24, 2006 to and including the Drawdown Period Termination Date, expressed in Canadian Dollars and calculated on a daily basis and compounded and payable quarterly in arrears on the last Business Day of January, April, July and October in each year and on the Drawdown Period Termination Date.