Basic Processing Credits Sample Clauses

Basic Processing Credits. ALLTEL Mortgage shall grant to Client a credit ----------------------------- equal to twenty five thousand three hundred and seventy six dollars ($25,376), such credits shall be applied against the Basic Processing Charges beginning the month immediately following conversion, as calculated against the rate table shown in Article 2, Paragraph a. of this Addendum I, until fully expended. In no event shall such credit exceed twenty five thousand three hundred and seventy six dollars ($25,376) The credit is given in exchange for a three (3) year Original Term Agreement period. In the event Client terminates the Agreement prior to the end of the Original Term for reasons other than default by ALLTEL Mortgage, Client shall reimburse the full amount of the credit to ALLTEL Mortgage.