L/C Fee definition

L/C Fee has the meaning specified in Section 2.03(i).
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L/C Fee as defined in subsection 3.3(a).
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L/C Fee shall have the meaning assigned thereto in Section 3.3(a).
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Examples of L/C Fee in a sentence

  • The Applicable Margin, the Facility Fee Rate, the Utilization Fee Rate and the LC Fee Rate shall be determined separately for each Borrower in accordance with the table above based on the Status for such Borrower.

  • In addition, the Borrower shall pay to the relevant Issuing Lender for its own account a fronting fee on the aggregate drawable amount of all outstanding Letters of Credit issued by it at a rate per annum equal to 0.125% on the face amount of each Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date.

  • In addition, the Borrower shall pay to each Issuing Lender for its own account a fronting fee in an amount equal to 0.25% of the aggregate drawable amount of all outstanding Letters of Credit issued by it, payable quarterly in arrears on each L/C Fee Payment Date after the date of Issuance.


More Definitions of L/C Fee

L/C Fee has the meaning ascribed to such term in Section 2.18 hereof.
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L/C Fee has the meaning specified in Section 2.11.
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L/C Fee as defined in Section 2.6(c).
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L/C Fee has the meaning specified in Section 2.3(b) of this Agreement.
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L/C Fee is defined in Section 2.13(b) of this Agreement.
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L/C Fee means the fee payable with respect to an L/C that is calculated in accordance with Section 9.5(6).
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L/C Fee has the meaning specified in Section 1.5 hereof.
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