Deposit Account Interest. From and after the date hereof, interest shall continue to accrue or be deemed to accrue on the balances specified for the WMI Accounts and the Disputed Accounts at the greater of (a) three (3) basis points and
Appears in 4 contracts
Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement
Deposit Account Interest. From and after the date hereof, interest shall continue to accrue or be deemed to accrue on the balances specified for the WMI Accounts and the Disputed Accounts at the greater of (a) three (3) basis points andand (b) such other amount as may be quoted by JPMC as applicable to one, three and six month rates, as selected by WMI in its sole and absolute discretion.
Appears in 2 contracts
Samples: Settlement Agreement (Washington Mutual, Inc), Settlement Agreement (Washington Mutual, Inc)