Common use of Commissions and Other Charges Clause in Contracts

Commissions and Other Charges. (a) The Borrower shall pay to the Agent, for the account of the Issuing Lender and the L/C Participants, a letter of credit fee with respect to each Letter of Credit in an amount equal to the product of (i) a per annum fee equal to the Applicable Margin in effect with respect to LIBOR Rate Loans as set forth in Section 4.1(c) and (ii) the face amount of such Letter of Credit. Such fee shall be payable quarterly in arrears on the last Business Day of each calendar quarter of the Borrower and on the Termination Date. The Agent shall, promptly following its receipt thereof, distribute to the Issuing Lender and L/C Participants all commissions received by the Agent in accordance with their respective Commitment Percentages.

Commissions and Other Charges. (a) The Borrower shall pay to the Agent, for the account of the Issuing Lender and the L/C Participants, a non-refundable letter of credit fee commission with respect to each Letter of Credit in an amount equal to the product of (i) the LIBOR Margin (on a per annum fee equal to the Applicable Margin in effect with respect to LIBOR Rate Loans as set forth in Section 4.1(cbasis) and (ii) the face amount of such Letter of Credit. Such fee commission shall be payable quarterly in arrears on the last first Business Day of each calendar quarter of the Borrower and on the Termination Date. The Agent shall, promptly following its receipt thereof, distribute to the Issuing Lender and the L/C Participants all commissions received by the Agent in accordance with their respective Commitment Percentages.

Commissions and Other Charges. (a) The Borrower Borrowers shall pay to the Administrative Agent, for the account of the Issuing Lender and the L/C Participants, a letter of credit fee commission with respect to each Letter of Credit in an amount equal to the product of (i) a per annum fee equal to the Applicable Margin in effect with respect to LIBOR Rate Loans (as set forth in Section 4.1(c4.1 hereof) and (ii) on per annum basis on the face amount of such Letter of Credit. Such fee commission shall be payable quarterly in arrears on the last Business Day of each calendar quarter of (based on the Borrower then current Applicable Margin) and on the Revolving Credit Termination Date. The Administrative Agent shall, promptly following its receipt thereof, distribute to the Issuing Lender and the L/C Participants all commissions received by the Agent such commission in accordance with their respective Commitment Percentages.