Common use of Operating Account Interest Clause in Contracts

Operating Account Interest. Subject to Section 9(h), the Buydown Amount will accrue interest at the Operating Account Rate; provided that in no event shall interest accrue on (i) the Buydown Amount if (x) on any day the Buydown Amount is less than the Minimum Balance Requirement or (y) the average balance of funds in the Operating Account during any calendar month is less than the Minimum Balance Requirement and (ii) that portion of the Buydown Amount that is in excess of the lesser of (a) the aggregate outstanding Purchase Price of all Transactions during any calendar month or (b) the Minimum Balance Requirement. Unless otherwise set forth in the Pricing Letter:

Operating Account Interest. Subject to Section 9(h), the Buydown Amount will accrue interest at the Operating Account Rate; provided that in no event shall interest accrue on (i) the Buydown Amount if (x) on any day the Buydown Amount is less than the Minimum Balance Requirement or (y) the average balance of funds in the Operating Account during any calendar month is less than the Minimum Balance Requirement and (ii) that portion of the Buydown Amount that is in excess of the lesser of (a) the aggregate outstanding Purchase Price of all Transactions during any calendar month or (b) the Minimum Balance Requirement[***]. Unless otherwise set forth in the Pricing Letter:

Operating Account Interest. Subject to Section 9(h), the The Buydown Amount will accrue interest at the Operating Account Rate; provided that in no event shall interest accrue on (iA) the Buydown Amount if (x) if on any day the Buydown Amount is less than the Minimum Balance Requirement or (y) the average balance of funds in the Operating Account during any calendar month is less than the Minimum Balance Requirement and (iiB) that portion of the Buydown Amount that is in excess of the lesser of (ax) [***] of the average aggregate outstanding Purchase Price of all Transactions during any calendar month or and (by) the Minimum Balance Requirement. [***] Unless otherwise set forth in the Pricing Letter: