LC Facility Fees definition

LC Facility Fees as defined in subsection 3.5(b).
View Source

Examples of LC Facility Fees in a sentence

  • All LC Facility Fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

  • Such amount (or the amount determined in accordance with subsections 3.7 or 3.10) will be paid by the Administrative Agent to the LC Facility Lenders quarterly in arrears when LC Facility Fees are payable.

  • LC Facility Fees on LC Facility Letters of Credit accrued through and including the last day of March, June, September and December of each calendar year shall be payable on the tenth Business Day following such last day, commencing on the first such date to occur after the Closing Date, and on the Tranche B LC Facility Maturity Date or such earlier date as the LC Facility may terminate.

  • No Lender shall be entitled to any portion of the LC Facility Fees or any other fees payable by Borrowers to Issuing Bank pursuant to this Section 2.08(c).

  • LC Facility Fees on LC Facility Letters of Credit accrued through and including the last day of March, June, September and December of each calendar year shall be payable on the tenth Business Day following such last day, commencing on the first such date to occur after the Closing Date, and on the LC Facility Maturity Date or such earlier date as the LC Facility may terminate.

  • All LC Facility Fees and Fronting Fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

Related to LC Facility Fees

  • Facility Fees has the meaning provided in Section 2.11(a).

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

  • Unused Revolving Line Facility Fee is defined in Section 2.4(d).

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01.

  • Facility Fee has the meaning specified in Section 2.09(a).