Letter of Credit Fees definition

Letter of Credit Fees shall have the meaning set forth in Section 3.2.
Letter of Credit Fees means the fees payable in connection with Letters of Credit pursuant to Section 3.4(a) and (b) hereof.

Examples of Letter of Credit Fees in a sentence

  • Letter of Credit Fees shall be due and payable (A) on a quarterly basis in arrears on the last Business Day of each March, June, September and December, commencing on the last Business Day of the fiscal quarter ending June 30, 2024 and (B) on the Maturity Date in respect of the Revolving Credit Facility, in each case on the basis of the actual number of days elapsed over a 360-day year.

  • All Letter of Credit Fees and Fronting Fees shall be computed on the basis of a year of 365 or 366 days, as applicable, and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

  • Letter of Credit Fees and Fronting Fees accrued through and including the last day of March, June, September and December of each year shall be payable on the third Business Day following such last day, commencing on the first such date to occur after the date of this Agreement; provided that all such fees shall be payable on the date on which the Total Commitment terminates and any such fees accruing after the date on which the Total Commitment terminates shall be payable on demand.

  • In connection with the Letters of Credit, and in addition to the Letter of Credit Fees, the Borrower shall pay, for the sole account of each Issuing Bank, standard documentation, administration, payment and cancellation charges assessed by such Issuing Bank or the Issuing Office, at the times, in the amounts and on the terms set forth or to be set forth from time to time in the standard fee schedule of the Issuing Office in effect from time to time.

  • Letter of Credit Fees shall be due and payable (A) on a quarterly basis in arrears on the last Business Day of each March, June, September and December, commencing on the last Business Day of the fiscal quarter ending March 31, 2019 and (B) on the Maturity Date in respect of the Revolving Credit Facility, in each case on the basis of the actual number of days elapsed over a 360-day year.


More Definitions of Letter of Credit Fees

Letter of Credit Fees means as defined in Section 2.10(b)(i).
Letter of Credit Fees has the meaning set forth in Section 5.3(a).
Letter of Credit Fees has the meaning specified therefor in Section 2.06(c).
Letter of Credit Fees means the fees payable to Agent for the accounts of the Banks in connection with Letters of Credit pursuant to Section 3.4 hereof.
Letter of Credit Fees has the meaning assigned to such term in Section 2.12.
Letter of Credit Fees means, collectively or individually as the context may indicate, the fees with respect to Letters of Credit described in Section 2.09(b).
Letter of Credit Fees means fees payable pursuant to Section 2.7(b)(i).