To CHL Sample Clauses

To CHL. Within ten (10) days after the end of each calendar quarter following the disbursement from the CHL Escrow Account pursuant to Section 8(b)(ii), an amount equal to ten percent (10%) of (x) the funds remaining in the CHL Escrow Account after the disbursement pursuant to Section 8(b)(ii)) (y) minus any pending amounts for which MGIC is asserting an indemnification claim against CHL at the time of such disbursement. On the tenth such calendar quarter end, all funds remaining in the CHL Escrow Account, after deduction of any pending amounts for which MGIC is asserting an indemnification claim against CHL at the time of such disbursement, shall be disbursed to CHL.
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