BofA Fee Letter definition
Examples of BofA Fee Letter in a sentence
The Company will pay directly to the L/C Issuer for its own account, in US Dollars, a fronting fee with respect to each Letter of Credit, at the rate per annum specified in the BofA Fee Letter, computed on the US Dollar Equivalent of the daily amount available to be drawn under such Letter of Credit on a quarterly basis in arrears.
The L/C Parties shall pay directly to the L/C Issuer for its own account, in Dollars, a fronting fee with respect to each Letter of Credit, at the rate per annum specified in the BofA Fee Letter, computed on the Dollar Equivalent of the daily amount available to be drawn under such Letter of Credit on a quarterly basis in arrears.
The U.S. Borrower shall pay to the Administrative Agent, for its own use and benefit, the fees agreed to between the Administrative Agent and the U.S. Borrower in the BofA Fee Letter, or as otherwise agreed to in writing between them.
The Borrower shall pay directly to the L/C Issuer for its own account a fronting fee with respect to each Letter of Credit, at the rate per annum specified in the BofA Fee Letter, computed on the daily amount available to be drawn under such Letter of Credit and on a quarterly basis in arrears.
The Borrower shall pay to (i) the Lead Arrangers and the Administrative Agent for their own respective accounts fees in the amounts and at the times specified in the JPMCB Fee Letter or the BofA Fee Letter, as applicable, and (ii) the Administrative Agent for its own account the fee in the amount and at the times specified in the JPMCB Fee Letter.