Program Fee and Discounting Charge Sample Clauses

Program Fee and Discounting Charge. The Bank will deduct the Program Fee and the Discounting Charge in connection with any Pool Debt the subject of the Agreement at the end of the then current calendar month or as otherwise Notified by the Bank to the Seller from any sums payable to the Seller. If there are no sums payable or the sums payable to the Seller are insufficient, then the Seller shall pay the Program Fee and the Discounting Charge at the end of the then current calendar month or as otherwise Notified by the Bank. No Program Fee or Discounting Charge will be refunded if a credit note is issued, there is any other agreed reduction or if the Agreement is terminated.
Sample 1
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