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: Letter Agreement (PHH Corp), Letter Agreement (PHH Corp), Letter Agreement (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: Letter Agreement (PHH Corp), Letter Agreement (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: Letter Agreement (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: Letter Agreement (PHH Corp)
