Non-Usage Fee. (a) PHH is required to pay a non-usage fee to Xxxxxx Xxx in the event its Average Monthly Balance (defined below) falls below the Minimum Average Monthly Balance (as defined in the Pricing Terms Letter) for any calendar month during the Term of this Letter Agreement.
Appears in 3 contracts
Samples: Committed Purchase Facility for Early Funding (PHH Corp), Committed Purchase Facility for Early Funding (PHH Corp), Committed Purchase Facility for Early Funding (PHH Corp)
Non-Usage Fee. (a) PHH is required to pay a non-usage fee to Xxxxxx Xxx in the event its Average Monthly Balance (defined below) falls below the Minimum Average Monthly Balance (as defined in the Pricing Terms Letter) for any calendar month during the Term term of this Letter Agreement.
Appears in 2 contracts
Samples: Committed Purchase Facility for Early Funding (PHH Corp), Extension of Committed Purchase Facility for Early Funding (PHH Corp)
Non-Usage Fee. (a) PHH is required to pay a non-usage fee to Xxxxxx Xxx Mae in the event its Average Monthly Balance (defined below) falls below the Minimum Average Monthly Balance (as defined in the Pricing Terms Letter) for any calendar month during the Term of this Letter Agreement.
Appears in 1 contract
Samples: Committed Purchase Facility for Early Funding (PHH Corp)
Non-Usage Fee. (a) PHH is required to pay a non-usage fee to Xxxxxx Xxx in the event its Average Monthly Balance (defined below) falls below the Minimum Average Monthly Balance (as defined in the Amended Pricing Terms Letter) for any calendar month during the Term of this Letter Agreement.
Appears in 1 contract
Samples: Committed Purchase Facility for Early Funding (PHH Corp)
