Examples of Credit Fee in a sentence
The Letter of Credit Fee shall be computed on the basis of a 360-day year for the actual number of days elapsed.
Feeder Insulation Resistance Test: Each new [and reused existing] 600 volt feeder conductor shall have its insulation resistance tested after the installation is complete except for connection at its source and point of termination.
The Letter of Credit Fee shall be payable monthly in arrears on the first day of each month following any month in which a Letter of Credit is outstanding and on the Termination Date.
The Letter of Credit Fee will be payable quarterly in arrears on the last Business Day of each March, June, September and December for the immediately preceding quarter (or a portion thereof).
The Letter of Credit Fee shall be payable quarterly in arrears on the last Business Day of each calendar quarter.
The Issuing Lender shall promptly pay over to the Administrative Agent for the ratable benefit of the Lenders (including the Issuing Lender) the Letter of Credit Fee.
The Standby Letter of Credit Fee will be payable quarterly in arrears on the last Business Day of each March, June, September and December for the immediately preceding quarter (or a portion thereof).
The Letter of Credit Fee shall accrue from and including the Effective Date to but excluding the last day of the Availability Period on the aggregate amount available for drawing under any Letters of Credit outstanding on such day and shall be payable for the account of the Lenders ratably in proportion to their participations in such Letter(s) of Credit.
The Trade Letter of Credit Fee will be payable on each date of drawing under a trade Letter of Credit.
The Borrower shall pay to the Administrative Agent a fee (the “Letter of Credit Fee”) for each day at a rate per annum equal to the Applicable Percentage for the Letter of Credit Fee for such day.